Dassault Systèmes Shares Increase by 0.25% at Close After a Challenging Quarter
Dassault Systèmes shares closed on Monday, December 29th at 2361 euros, marking an increase of 0.25% from the previous day. The session was characterized by a narrow trading range between 23.55 and 23.78 euros, reflecting limited trading volumes with only 0.03% of the capital exchanged. This relative stabilization comes after a quarter marked by a significant correction, with the stock experiencing a decline of 15.5% over three months and 28.52% over a year. The price is now trading below its key moving averages, with the MM50 at 24.49 euros and the MM200 at 29.32 euros, indicating a prevailing bearish trend. The RSI at 45, however, indicates a gradual exit from the weakness zone, without clearly suggesting a strong buy signal. The stock remains confined between its support threshold at 23.02 euros and its resistance at 24.23 euros, a range it has been in for several weeks. This narrow margin of maneuver reflects investors' wait-and-see attitude at the end of the year, in a context where the group's outlook has been revised downwards.
The stock has been suffering since mid-December from a series of target price revisions. Oddo BHF lowered its target from 30 to 28 euros on December 18th, citing a cautious revision due to unfavorable currency developments. Goldman Sachs also reduced its target from 32 to 29 euros while maintaining its buy recommendation. These adjustments follow the revision of the group's annual growth forecasts in November, now expected to be between 4% and 6%, down from 6% to 8% previously. Analysts predominantly reiterate their neutral opinions, with an upside potential of 18% from the current price to reach the median target of 28 euros. Technically, the MACD in slightly positive territory with a histogram at 0.01 suggests a still fragile dynamic, while the price is close to the lower boundary of the Bollinger Bands at 23.06 euros, indicating contained volatility but limited technical rebound potential in the short term. Investors will monitor the major support at 23.02 euros ahead of the next earnings releases scheduled for April 2026.