JCDecaux shares, laggard of the SBF 120, fall 4% to €24.20

A drop that brings the stock back below its two short-term moving averages

The stock loses 3.97% to €24.20, marking the steepest decline in the SBF 120 while the index remains flat. It falls back below its 20-day moving average (€24.84, a 2.58% gap) and its 50-day moving average (€24.53), following a high of €25.64 reached on October 15. The support level at €23.94 is now approximately 1% away from the current price.

The 200-day moving average, at €20.53, remains well below, leaving the 55% year-over-year gain intact. On a weekly basis, the decline is 3.8%, partially erasing the rebound observed in early October, when the stock gained more than 2% in a single session following the publication of first-half results.

Third-quarter revenue, expected on November 4, following a half-year marked by strong digital revenue growth

JCDecaux will publish its third-quarter 2026 revenue on November 4. During the first-half results announced on July 30, 2026, the group targeted organic revenue growth around 5%, with digital accounting for 42.8% of revenues and programmatic pDOOH growing 30.9% on an organic basis.

The group also flagged, among its points of weakness, a double-digit decline in Transport in the Middle East. The stock had still been raised to €27 by Citi on October 23, just days before this decline.