Accor shares break above €46.99 and post one of the strongest gains in the CAC 40

The stock moves above its three moving averages and settles at €46.99

Accor gains 2.07% to €47.28, the second-best performance in the CAC 40, which the Parisian index accompanies with a 0.49% rise. During the session, the price broke upward through its highest level of the past 30 sessions (€46.99), a level that now becomes a support.

The stock sits 3.3% above its MM20 and 3.1% above its MM50, while the MM200 is 3.2% below the price. This uniform gap across the three moving averages reflects a rebound that has recovered all three benchmarks at once.

Over one week, the gain reaches 6.2%. The RSI at 57 remains neutral. The next resistance is at €51.62.

A higher third quarter and a raised annual target, published on October 22

On October 22, the group had unveiled revenue of €1,503 million, up 9.8% in the third quarter, with its 2026 EBITDA floor raised.

At the time of this release, the group also raised its full-year earnings target, citing rigorous financial discipline in an uncertain geopolitical context. It also noted a RevPAR decline of about 20% in the United Arab Emirates, where the situation remains marked by the conflict in the Middle East.

The Luxury & Lifestyle division, for its part, reported a RevPAR increase of 8.3%. The stock has gained 7.4% over one month, and today's rebound follows a series of down sessions that had come after the accounts were published.