Airbus share declines more than 1% and slides among CAC 40 losers
The European aircraft manufacturer is among the few notable losers of a quasi-stable CAC 40 on Monday, continuing a month of modest decline. The trading session occurs in a context where the stock remains under pressure from its short-term moving averages, while the order book remains at a historically substantial level.
A decline that places Airbus among the steepest CAC 40 declines
Airbus falls 1.13% to €200.75 in trading, ranking among the steepest declines of the CAC 40 while the Paris index moves in practically flat territory (-0.04%). The short-term trend remains downward-oriented: the stock is below its 20-day moving average at €209.61 (deviation of -4.23%) and slightly below its 50-day moving average at €203.53 (deviation of -1.37%), two levels that the price has failed to recover since several sessions. The RSI at 45 remains in neutral zone, without marked oversold signal despite recent pressure.
Over one week, the decline reaches 1.45%, and over one month 1.59%, modest corrections that do not erase the solid 11.71% performance over three months. The support level at €191.78 remains the key technical reference to watch in case of extension of the bearish movement.
A substantial order book, but currency and production rate risks to digest
The fundamental backdrop remains solid for the aircraft manufacturer. 67 aircraft delivered in July 2026, for a total of 418 since the beginning of the year, testifies to a progressive production rate increase. When publishing H1 2026 results (July 29, 2026), the group reported 886 gross commercial aircraft orders and a backlog of 9,222 aircraft, to which were added Defence and Space order intakes that surged significantly to €9.3 billion. In parallel, the company targeted an A320 production rate increase towards 70 to 75 aircraft per month by end of 2027.
These positive perspectives must nevertheless be read in light of risks identified during this same publication: dollar depreciation weighs on commercial aircraft revenues, currency hedging rates are less favorable, and inventory buildup linked to production rate increases consumes cash. The designation of Airbus Defence and Space as prime contractor for the SpainSat NG-III satellite, announced in early August, illustrates the diversification of defence activity. Resistance at €215.40 represents the next key level beyond current moving averages.
