Forvia's Stock Surges Nearly 13% in a Week, Breaking Through a Technical Barrier
The automotive supplier continues its recovery that began in mid-May and accelerates at the start of the week. The stock has just broken through a technical barrier that had been monitored for several sessions, bringing it closer to another key threshold observed by traders.
Forvia Breaks Its Resistance at €11.62 and Approaches Its 200-Day Moving Average
Forvia's stock rises 2.72% to €11.71 during the session, among the strongest gains in the SBF 120, while the broader index is up by 0.11%. The stock has broken above its resistance at €11.62 and remains above this level at midday. This breakthrough extends the momentum that began in mid-May: over the week, the gain reaches nearly 13%, following the crossing of the €10.92 threshold a few sessions ago.
The price is now in contact with its 200-day moving average (€11.66), the next technical barrier for the stock. The gap above the MM50 (€10.21) is more than 14%, illustrating the magnitude of the rebound since the mid-May low. The RSI at 64 indicates the strength of the movement without signaling any immediate overheating.
Bearish Bets by Funds Recede as the Calendar Points to the General Meeting on June 4
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
The rebound occurs as selling pressure eases. According to reviewed statements, three funds hold a combined net short position of 3.17% of the capital, down by 0.81 points over a month (3.98% thirty days ago). The level remains high and indicates that some institutional participants are still positioned against the stock or are looking to cover their exposure, but the trend over the last thirty days suggests a gradual lightening, to be followed without drawing isolated conclusions.
Over a year, the stock now shows a gain of more than 41%, after having gone through a difficult quarter (-3.1% over three months). The next important date on the financial calendar is the general meeting, scheduled for Thursday, June 4, 2026. Until then, the area of €11.66 (200-day moving average) remains the technical level observed after the breakthrough of the €11.62 resistance.
SectorAutomobile et mobilité›Équipementiers automobiles
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: S1 2026
Key reported figures
Revenue: 10 509 millions d'euros
Quarterly revenue: 10 509 millions d'euros
Revenue growth: -4,3 %
EBITDA: 1 439 millions d'euros
EBITDA margin: 13,7 %
Net income: 2,6 millions d'euros
Free cash flow: 432 millions d'euros
5 642 millions d'euros
Guidance from the release
nous confirme avec confiance l'ensemble de ses objectifs pour l'exercice 2026
Risks mentioned
Sous-performance en Chine : ventes en recul de 19,3 % sur un mix clients défavorable (baisse de production BYD).
Production automobile mondiale attendue en baisse de 3,2 % au second semestre 2026.
Rentabilité de Lighting au point bas (marge 0,3 %), retour aux niveaux de 2025 seulement d'ici 2028.
Opportunities identified
Prises de commandes en hausse de 15 % à 13,4 Md€, ratio commandes/CA de 1,5x dans le pôle Growth.
Cession d'Interiors : réduction de la dette nette d'au moins 1,0 Md€ attendue au T4 2026.
Développement d'activités défense : commande initiale d'environ 500 drones intercepteurs.
Outlook / guidance
Expected revenue: 20 500 millions d'euros
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.