Valeo share rebounds over 3%, leading the SBF 120 pack
The automotive supplier rebounded sharply this Thursday, against the grain of a SBF 120 slightly in red, following several difficult sessions. The rebound comes in the wake of a price target increase by CIC Market Solutions and a presentation of the commercial vehicle offering ahead of the IAA Hanover trade fair.
A 3% rebound driven by a price target increase from CIC Market Solutions
The Valeo share gained 3.11% to €14.25 during the session, ranking among the strongest gains in the SBF 120 while the Paris index fell 0.29%. This rebound followed CIC Market Solutions' decision on September 1st to raise its price target from €16 to €18, while maintaining its analyst consensus rating to buy. At €14.25, the stock still shows theoretical upside of approximately 26% compared to this new target.
The movement comes in a context where Valeo unveiled its commercial vehicle offering, structured around electrification and driver assistance systems, ahead of the IAA Transportation trade fair in Hanover scheduled for September 14-20. From a fundamental perspective, during the publication of 2025 annual results (February 26, 2026), the company had communicated a revenue target of 20.5 billion euros for the following fiscal year and emphasized the robustness of its order intake, up 38% to 24.6 billion euros over the year.
Short positions still elevated and technical configuration below the 20-day moving average
Despite today's rebound, institutional selling pressure remains significant on the stock: seven funds collectively hold 9.53% of shares sold short, according to available disclosures, down 1.50 percentage points compared to thirty days ago (11.03%). This level remains unusually high for a SBF 120 value, although recent trends indicate a gradual reduction in bearish bets rather than an acceleration. On the chart, the price remains slightly below its 20-day moving average at €14.33 (gap of -0.59%), having dropped below it over recent sessions, while it stands well above its 50-day moving average at €13.75 (gap +3.60%).
The RSI at 45 remains in neutral territory, without a strong signal in either direction. The next resistance is identified at €15.07, approximately 6% above the current price. The next test for the stock will be its ability to durably break back above the 20-day moving average, whose breakdown had accompanied the decline of recent weeks.
