Bouygues shares at the bottom of the CAC 40, down 14% over the quarter

A 2.72% decline pushes the stock below its 50-day moving average at €42.25

Bouygues fell 2.72% to €41.92 intraday, slightly more than the CAC 40, which lost 1.43%.

The stock was among the largest decliners in the index. It thus slipped back below its 50-day moving average (MM50), at €42.25 (a gap of 0.78%), while it remains above its 20-day moving average (MM20) at €41.01.

Support at €40.14 is a little over 4% below the current price. Vinci (-1.42%) and Eiffage (-0.99%) also declined in Paris, but to a lesser extent.

The session was dominated by the fall of US indices on Thursday: the Nasdaq lost 5.52% and the S&P 500 4.36% at the close, while the Nikkei shed 5.96% this morning and the VIX stands at 26.41.

Nine-month accounts published on November 5, with a raised 2026 target

The group published its results for the first nine months of 2026 on Thursday. Recurring operating income from activities rose by €44 million to €1,858 million, while net income attributable to the group fell by €369 million to €306 million, due to a €569 million impairment of the stake in TF1. Excluding this item, net income attributable to the group rose by €200 million to €875 million.

Bouygues now targets a slight increase in its recurring operating income in 2026, whereas it had previously aimed to maintain it at a historically high level. With this release, the group also reported net debt reduced by €2 billion over one year, to €5.6 billion, and high order books at Equans and in construction.

Over the month, the stock is still up 3.12%, but it remains down 14.12% over three months, about 12% below its 200-day moving average (MM200) of €47.54.