Orange Advances 1.8% This Monday Midday
Orange shows an increase of 1.8% at mid-session this Monday, January 26, trading at 15.26 euros in a context of low volumes. This rise follows the momentum started since the announcement of discussions with Altice, with due diligence work beginning in early January 2026.
Current Trading Status of Orange
The Orange stock is trading at 15.26 euros at mid-session, up 1.8% from Friday's close at 14.99 euros. The stock is now trading above its 50-day moving average set at 14.13 euros and 200-day average fixed at 13.56 euros, indicating a solidly anchored medium and long-term upward trend. Over one year, the performance has reached 50.22%, driven by sector consolidation prospects and the group's strategic initiatives.
The breakthrough of the resistance threshold at 14.99 euros paves the way for new technical levels for the stock. The RSI indicator is at 65 points, in a neutral zone without immediate overbought signals, leaving room for progression. The 20-day moving average is established at 14.44 euros, confirming that the price is moving in a well-defined upward channel. The Bollinger Bands, located between 13.88 euros and 15.00 euros, now frame the stock which is trading slightly above the upper limit, indicating a sustained buying dynamic.
Impact of Ongoing Negotiations
Today's progress follows the announcement on January 22 confirming the continuation of negotiations between the Orange-Bouygues Telecom-Free consortium and the Altice group. Due diligence work has been underway since early January 2026, marking a new phase in this strategic case for the French telecommunications market. The three operators have specified that no agreement on legal and financial conditions has been found at this stage, while reaffirming their intention to restructure the French sector.
Analysts remain constructive on the stock. Deutsche Bank raised its price target to 16.50 euros on January 16 while maintaining a buy recommendation, while Morgan Stanley raised its target to 15.50 euros with a market-weight opinion. These new targets suggest a respective appreciation potential of 8.1% and 1.6% compared to the current price. Citi also adopted a favorable stance in early January by upgrading its recommendation to buy with a target of 15.80 euros. Additionally, the group issued a 6 billion dollar bond in early January aimed particularly at repaying debts related to the acquisition of the remaining 50% of MasOrange, strengthening its capacity for external growth operations.
