Veolia's Stock Climbs Nearly 4% Targeting the 38€ Mark
Veolia stands out in this morning's session with a significant rebound, propelling the stock among the top performers of the Paris index. This movement is part of an underlying bullish trend, supported by a solid fundamental trajectory confirmed in the last annual report.
A Jump of Nearly 4% Propels Veolia Among the Top Gainers of the CAC 40
Veolia's stock has risen by 3.92% to 37.14€ mid-morning, up from 35.74€ at the previous close. The stock is among the top gainers of the CAC 40, while the index itself is down by 0.17% at the same time. Today's movement amplifies an already well-oriented trend: the stock is up +5.54% over the month and +18.18% over the year.
It is trading above its 20-day moving average (MM20) of 35.13€ with a gap of 5.72%, and is 16.98% above its 200-day moving average (MM200) of 31.75€, indicating a well-established bullish dynamic across several time frames. The RSI at 61 remains in a neutral-bullish zone, without overbought conditions. The next significant level above is at 38€, while the immediate support, corresponding to the previously breached resistance, is at 36.08€.
A Financial Trajectory Supported by the GreenUp Plan and Bond Refinancing
Fundamentally, Veolia outlined on June 30 the technical parameters of its non-dilutive convertible bond issue of 400 million euros maturing in 2032, an operation launched on June 24 to finance strategic projects without diluting capital. During the annual results publication for 2025 (on February 26, 2026), the management confirmed ambitious guidance for the 2026 fiscal year, expecting organic EBITDA growth between 5% and 6%, a rise in net earnings per share of at least 8% at constant exchange rates, and an increased dividend. This clear financial framework underpins the stock's rise, now approaching the 38€ level. The next step hinges on the stock's ability to maintain this level, with no previous technical resistance identified beyond.
