PROXIMUS Stock: Drops 5.14% at Close, Q3 Results Divide the Market
Proximus ended Friday's session with a significant decline, dropping 5.14% to €6.92. This tumble occurred just hours after the release of its third-quarter 2025 results, which present a mixed picture of the Belgian group. While the domestic segment reassures with solid performances, the Proximus Global division displays turbulence that impacts investor perception as commercial challenges mount.
Daily Trading Overview
The stock experienced a turbulent day on Friday. Beyond losing 5.14% in a single session, the stock has shown a more pronounced decline over the week, posting a performance of -7.68% over seven days. Over three months, the decrease reaches -5.01%. However, over twelve months, Proximus still manages a gain of 4.77%, while the CAC 40 has advanced by 7.88% over the same period. Trading volumes remain weak, with only 0.34% of the capital traded, indicating limited investor interest. The closing price is well below its main reference levels, with a significant gap from the 50-day moving average at €7.42, and the 200-day average at €7.12. Compared to the general market average, which only dropped 0.18%, Proximus shows a much poorer performance, suggesting that the stock is experiencing a specific dynamic detached from the sector trend. This decline contrasts with the moderate volatility of the stock, measured at 5.31% over a month, and its low beta of 0.32, which would suggest relative stability.
Q3 2025 Results Analysis
The release of the Q3 2025 results this morning largely explains this negative reaction. The group presents a two-speed scenario. On the domestic front, the news is comforting: EBITDA increased by 1.8% year-on-year to reach €437 million, thanks to a direct margin increase of 0.8% while operating expenses remained stable. Commercially, Proximus domestic has gained 45,000 new postpaid mobile subscribers and 12,000 additional internet customers. The revenue from services showed resilience, increasing by 1.8% for the residential segment. On the other hand, Proximus Global is going through a turbulent zone that justifies the concern. The division recorded revenues of €377 million, down 19.4%, while the direct margin dropped by 15.3% and EBITDA plummeted by 25.1%. These setbacks reflect structural difficulties in the communications and data market, notably the decline in the CPaaS sector and single-use SMS. Despite the upward revision of the organic free cash flow to about €100 million for 2025, these adjustments struggle to reassure against the failures of Global.
Technical Analysis of the Stock
Technically, the stock shows mixed signals. The RSI at 32 indicates an oversold condition, while the stochastic oscillator sends a buying signal. However, the position of the price below its two main moving averages suggests a bearish momentum. The MACD remains close to a crossover with its signal line, with Bollinger bands framing the quote between €7.28 and €7.77. The price is near the major support established at €7.29, a level that also corresponds to the previous day's price before this tumble.
