Teleperformance Shares Dip at Close Despite Technical Support

At the close on Thursday, January 8, Teleperformance shares fell by 1.97% to settle at 62.86 euros, down from 64.12 euros the previous day. Trading volumes remained modest with 0.51% of the capital changing hands during the session, indicating continued investor caution. This downward movement comes after a favorable week as the stock still shows a positive weekly performance of 1.65%. In the longer term, the trend remains marked by a decline of 25.29% over one year and 1.97% over the last three months, illustrating the difficulties of the global customer relationship specialist in regaining market confidence. Technically, the RSI is at 76, a level that signals an overbought zone and could justify profit-taking after the weekly gain. Concurrently, the MACD remains positive with a line at 1.22 above its signal at 1.00, confirming that the short-term momentum remains bullish despite this session's pullback. The stock is slightly above its 50-day moving average located at 60.36 euros, indicating that technical support is still present.

On January 6, Morgan Stanley revised its price target from 128 to 115 euros, while maintaining its overweight recommendation, confirming an upside potential of 83% from the current price. This revision occurs in a context of persistent volatility and commercial difficulties that the group recently acknowledged, notably during the announcement in November 2025 of a downward revision of its annual targets. The stock had crossed its upper Bollinger band set at 64.25 euros in the previous session, which may explain Thursday's technical pullback. With a 200-day moving average positioned at 74.76 euros, 19% above the current price, Teleperformance retains a substantial margin for progress if the group succeeds in implementing its Future Forward strategic plan focused on digital transformation and artificial intelligence. Investors remain attentive to the annual results to be published in February 2026, when management might announce a significant share buyback plan, according to some market discussions.