+41.5% in one year: Edenred share rises further ahead of its October 21 sales
The specialist in employee benefits and dedicated payments is advancing in the session, in a Paris market slightly oriented upward. The security is moving away from its moving averages as the quarterly publication approaches.
A security well established above its moving averages since the October rebound
The Edenred share gains 1.25% to €29.23, while the CAC 40 advances 0.26% and the SBF 120 rises 0.21%. The gain reaches 3.91% over one week, following a more turbulent start to the month. The price remains above the 50-day MA at €28.63 (spread of 2.10%) and well above the 200-day MA at €22.66, a sign of an underlying trend that is continuing: the share rises 17.48% over three months.
The resistance at €30.45 is located approximately 4% from the current price, while the support at €26.84, defended in early October, is more distant. The share had rebounded at this level on October 2. The Paris market is also evolving against a backdrop of budget debates in the Assembly, with the 10-year OAT rate at 4.80% on October 14.
Third quarter revenue, expected on October 21, following a raise in forecasts for the half-year
The group will publish its third quarter 2026 revenue on October 21. At the H1 2026 results, published on July 23, the company had raised its EBITDA forecasts for the year, with double-digit growth in Mobility and high single-digit growth in Employee Benefits. Among the risks mentioned on that occasion were regulatory changes on meal vouchers in Italy and Brazil.
On the analyst side, CIC Market Solutions confirmed its buy rating with a price target of €34 on October 14, approximately 16% above the current price. Details of analyst opinions and consensus are available on the site. The next reference level remains €30.45, just a few sessions before publication.
