Vivendi Shares Hit Lowest Since 2023
Vivendi SE's stock continues its decline this Friday, March 20, 2026, dropping 1.69% to €1.74 mid-session. This movement is part of a continuous downturn that has led to a nearly 21% loss over a month and more than 36% over a year. Several technical indicators converge to signal an unusually fragile situation for the stock.
Historic Lows and Technical Breakdown
VIVENDI SE is now trading at levels not seen since the summer of 2023, breaking below a three-year historical floor. The support threshold of €1.77, which served as a short-term reference floor, has been breached, leaving the stock without immediate technical support. The decline has accelerated over the last few weeks: the drop exceeds 12% over the past seven days, a margin significantly higher than the usual variation thresholds considered normal for a stock of this nature. Over three months, the cumulative decline reaches 26.36%, placing the stock well below its 50 and 200-day moving averages, established around €2.22 and €2.73, respectively. The RSI, at 12, indicates an extreme oversold zone, reflecting the magnitude of the selling pressure, although this does not in itself provide a directional signal. The overall market environment remains tense, with the VIX jumping more than 12% in one session to stand at 25.09, illustrating increased nervousness across the markets.
Fundamental Analysis and Market Reaction
On a fundamental level, Vivendi had announced at the beginning of March a return to profitability after a colossal loss of 6 billion euros, a positive signal that evidently has not been sufficient to halt the stock's downward trend. This announcement did not trigger a lasting market reaction, with the stock price continuing to erode in subsequent sessions. The next financial milestone is set for April 21, 2026, when the group will publish its revenue for the first quarter of 2026. This date will be closely watched to assess whether the operational trajectory confirms the recovery announced at the beginning of the year. It is worth noting that comparable values in the media and communications sector, such as UMG and Publicis Groupe SA, are also down this Friday, respectively by 1.42% and 1.26%, suggesting broader sectoral pressure, even though the magnitude of Vivendi's decline remains unmatched by its peers in recent periods.