TomTom Shares Climb 6.64% Following Better-than-Expected Quarterly Results
The stock closed the session at €6.10, up by 6.64% compared to the previous day. This latest advance extends the bullish trend that began last week, bringing the weekly performance to 11.52%. The traded volumes accounted for 1.06% of the capital, a significant level indicating renewed investor interest. Over three months, the stock now shows a gain of 24.85%, significantly outperforming the CAC 40 which rose by 1.99% during the session. On a rolling year basis, the performance reached 14.23%, versus 6.25% for the Paris index.
This momentum follows the announcement of the third-quarter 2025 results the day before. The Dutch group reported an operating profit of €8.4 million, far exceeding the expected €2 million consensus. This performance is largely attributed to the Automotive division, where revenue increased by 2% to €79.5 million, surpassing forecasts of €74 million. Analysts noted that this growth was supported by increased automotive production volumes and the ramp-up of new vehicle ranges. The company also confirmed its annual targets, reassuring investors about the stability of its financial trajectory.
From a technical standpoint, the stock has broken through its resistance at €5.72, which was the previous day's closing level. The stock is now trading above its 50-day and 200-day moving averages, positioned at €5.31 and €5.29 respectively, indicating a confirmed bullish trend in the medium and long term. The Relative Strength Index is at 56, in a neutral zone with room before reaching an overbought situation. The MACD, with a line at 0.05 slightly above its signal of 0.04, suggests a positive short-term momentum. The monthly volatility, measured at 8.78%, remains moderate, while the beta of -0.06 indicates a very low correlation with the movements of the CAC 40, a feature that may interest investors looking for sectoral diversification.