Lower in the CAC 40, Renault shares slip by nearly 2%

A decline of 1.87% that places Renault at the bottom of the CAC 40 table

The Renault share is trading at 26.26 € during the session, down 1.87% compared to the previous day (26.76 €), while the CAC 40 is down 0.8%. The stock is evolving in the lower part of the Paris index, alongside several industrial stocks in decline. It remains below its moving averages: the 20-day MA at 27.11 € is approximately 3.1% above the current price, the 200-day MA at 29.23 € more than 10% above. Over one month, the decline reaches 10.07%, and the stock loses 27.38% over one year.

The RSI at 48 remains neutral. The support level at 25.09 € is situated approximately 4.5% below the current price. Details of a collaboration with EDF were announced this Thursday: a unique offering combining electric vehicle, charging station and V2G charging management, with the objective of reducing the cost of use of electric vehicles for French households. The price does not react to the announcement.

Analyst targets and the first half of 2026 set the framework for what comes next

On Tuesday, October 6, CIC Market Solutions maintained its buy opinion on the stock with a price target of 40.00 €, representing potential upside of nearly 52% from the current price. Based on the consensus of surveyed analysts, the stock is trading at approximately 3.9 times the expected earnings for the current fiscal year. Upon the publication of first-half 2026 results on July 30, 2026, the group highlighted the acceleration of electrification: the electrified mix in Europe reached 52.0%, up 8.2 percentage points, and electric vehicle sales increased by 47.6%.

The group also pointed to the Middle East crisis as a risk, which is weighing on raw material costs, energy and logistics. The support level at 25.09 € remains the closest technical level. Furthermore, Carine Damois will take up her duties at the head of finance on November 14, 2026.