Atos Shares Climb to €38.78 Following AI Radar Contract with DGA
Atos shares rose by 2.27% to €38.78 in mid-afternoon trading, within an SBF 120 that is up by 0.32%. The stock is among the top gainers in the index following the announcement of the commercialization of a new AI-enhanced radar sensor, already ordered by the French Directorate General of Armaments. This movement extends a weekly rebound of nearly 5%.
Eviden Commercializes Elit AI and Secures an Order from the French DGA
Eviden, the critical systems product branch of Atos, announced on Monday the commercialization of Elit AI, a next-generation radar interception sensor developed by Avantix. The system incorporates sovereign artificial intelligence and has already been ordered by the French Directorate General of Armaments (DGA-MI). The announcement follows a busy period for the Bezons-based group, led by Philippe Salle. Last week, Atos successfully completed a €1.25 billion bond issue aimed at refinancing its 1L debt maturing in 2031. On May 11, Eviden had already secured a contract with the Luxembourg army for the SCORPION training platform. Regarding valuation, the stock is trading at approximately 10.1 times the earnings expected for the current fiscal year and 5.4 times those of the next fiscal year, based on the anticipated EPS growth by consensus (+86.1%).
Stock Approaches Upper Bollinger Band After a 5% Weekly Rebound
Today's rebound brings the share price to €38.78, very close to the technical resistance identified at €38.20 and at the upper end of the Bollinger Bands (95% of the band, upper limit at €39.12). The stock is trading above its MM20 (€35.55) and MM50 (€36.21), with respective gaps of 9.1% and 7.1%. However, the MM200 remains at €44.59, which is 13% above the current price, reflecting a medium-term decline. The RSI at 58 remains in a neutral zone, and the three-month loss is nearly 6% despite a busy commercial period and the recent bond refinancing operation. The performance over one year turns positive again (+6.8%). The next significant event for shareholders is the 2026 general assembly, scheduled for May 22. The publication of the first half of 2026 is then expected on July 30.
