Eurazeo share declines 2% in a weakening market
The Paris-based asset manager loses ground on Thursday, in a Paris market under pressure as the yield on the 10-year OAT approaches its highest levels since 2008. The opening of a first office in Abu Dhabi, announced this very morning, fails to prevent the stock from following the downward trend of the SBF 120.
A decline that extends a difficult monthly sequence, below all moving averages
Eurazeo falls 2.15% during the session to €44.66, while the SBF 120 declines 1.32%. The decline is part of a broader movement: the stock has lost 11.12% over one month and 6.06% over the week. All three moving averages are now above the share price. The 20-day MA stands at €47.34 (difference of 5.66%), the 50-day MA at €48.78 (difference of 8.45%) and the 200-day MA at €46.87 (difference of 4.72%): so many resistances that chain upward.
The RSI at 38 remains in bearish territory without reaching the oversold zone, while resistance at €51.50 appears distant. Over three months, the stock shows a rebound of 11.65%, which tempers the outlook over the longer term. The €200 million share buyback program, executed at approximately 15% as of September 28, constitutes a supporting element in the background.
Expansion in the Middle East in the context of contrasting half-year results
The opening of the Abu Dhabi office, announced on October 1, 2026, aims to bring the group closer to sovereign wealth funds, institutional investors and family offices in the Gulf. This is a commercial development initiative, not a direct investment operation. As a reminder, when the H1 2026 results were published (August 3, 2026), third-party investor inflows had increased to €2.3 billion compared to €2.1 billion in H1 2025, and EBITDA from asset management had surged 20%.
Conversely, the Group's net profit remained negative at €-6 million, and value creation from the balance sheet portfolio was limited to +0.3%. The group indicated at that time a significant volume of exits expected for the year, with several processes underway. In a context of elevated French sovereign yields (the 10-year OAT was raised to 4.75% as of September 30, at its highest level since July 2008), pressure on listed asset management and private equity stocks remains perceptible at the Paris market level.
