Eurofins Scientific share rebounds nearly 3% and defies a declining CAC 40
After slipping below €72 last week, Eurofins Scientific regains momentum this Monday and ranks among the strongest gains in the CAC 40, while the index declines overall. The share's rebound comes as the macro environment remains volatile, with tensions on interest rates and a surge in oil prices, two factors weighing on most Paris-listed securities.
A 2.8% rebound that brings the share back above its three moving averages
Eurofins Scientific gains 2.8% during the session at €72.68, after closing Friday at €70.70. This rebound allows the share to move comfortably back above its 20-day moving average at €71.85 (difference of +1.16%) and its 50-day moving average at €70.13 (difference of +3.64%). The 200-day moving average at €65.68 is even further back, with a difference of +10.66% in favor of the price.
The RSI at 47 remains neutral, neither oversold nor overbought, indicating no immediate technical exhaustion. The share is approaching its resistance level at €74.08, already touched in early September before a pullback—a level less than 2% from the current price. The support at €67.74 remains well below.
A rebound supported by fundamentals showing gradual improvement in the first half of 2026
Eurofins Scientific published its first-half 2026 results on July 23. The group reported profitability "almost at the 2027 target with more than a year's advance," a formulation reflecting the improvement in cash generation as the peak investment period recedes. Organic revenue growth had not yet returned to a normal pace in H1, although the trend was improving month after month. On the opportunities side, the acquisition of Element Materials Technology in North America—bringing more than $150 million in annual revenue in life sciences testing services—was expected to close in the fourth quarter of 2026, representing potential for scope expansion.
Furthermore, while the CAC 40 declines 0.83% during the session due to a busy day of monetary decisions (Fed on Wednesday, Bank of England on Thursday, Bank of Japan on Friday) and Brent above $107, Eurofins stands out thanks to its lower exposure profile to energy shocks and industrial cycles. The analysts' views on the security remain worth monitoring in this context of gradual recovery. The resistance at €74.08 constitutes the next concrete threshold to overcome to validate the continuation of the movement.
