LVMH Stock Soars Nearly 4%, Up +13% Over the Month
The world's leading luxury company opens with a strong rise in Paris, in a CAC 40 significantly trending upwards. The stock continues the recovery momentum of the luxury sector, even as Berenberg has just significantly lowered its price target. This movement occurs in a market context marked by a relaxation of Brent and a return of appetite for risky assets.
The Stock Crosses €510 and Ranks Among the Top Gainers of the CAC 40
LVMH stock gains 3.77% to €511.80 at the opening, after closing the previous day at €493.20. The stock ranks among the top gainers of the CAC 40, in a session dominated by cyclicals and luxury (Kering, Stellantis, Renault, Safran). The Paris index climbs 1.57% during the session, driven by a relaxation of Brent under $89 and hopes for easing tensions in the Middle East. The day's progress brings the weekly performance to nearly 8% and the gain over a month to more than 13%.
The price significantly exceeds its 20 and 50-day moving averages, located respectively at €474.61 and €472.39, with a gap of more than 7% reflecting the intensity of the rebound. The 200-day MA at €542.53 remains however 5.7% above the price, indicating that the medium-term trend has not yet reversed. The RSI at 61 accompanies the rise without signaling immediate overheating, while the MACD remains positive. The €493 resistance, already breached as mentioned in Wednesday's session, is now clearly surpassed.
Berenberg Significantly Lowers Its Price Target but Maintains a Hold Rating
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
On June 11, Berenberg lowered its price target on LVMH from €560 to €420, while confirming its hold rating. The new target is nearly 18% below the current price, reflecting a cautious valuation by the analysis firm. This revision comes in a still fragile sector context: jewelry and gold sales in China fell by 21.3% year-on-year in April according to the NBS, and French exports of wines and spirits dropped 4% in value in the 2024 report.
Yet, the stock disregards this adjustment, in a session where the ECB has just raised its key interest rates by 25 basis points and where US inflation reached 4.2% in May. The day's rebound mitigates the 5.66% decline in the price relative to the 200-day moving average, but does not erase it. The next technical level to watch is the 200-day MA at €542.53, which will be the test for validating a more sustainable turnaround.
LVMH will draw on its powerful brands and the talent of its teams to reinforce its global leadership position in luxury goods once again in 2026
Risks mentioned
Uncertain geopolitical and economic environment affecting global business activity
Slowdown in demand in China impacting Fashion & Leather Goods segment
Market sensitivity to exchange rate fluctuations (negative 3% impact in 9M 2026)
Opportunities identified
Continued growth in Watches & Jewelry with 8% organic growth driven by strong jewelry performance
Strong performance of Sephora in Selective Retailing with market share gains and network expansion
Recovery in Wines & Spirits champagne business and good momentum in Asia for Hennessy cognac
Outlook / guidance
Management commentary: LVMH will draw on its powerful brands and the talent of its teams to reinforce its global leadership position in luxury goods once again in 2026. Despite an economic and geopolitical environment that remains uncertain, the Group remains confident and will maintain a strategy focused on continuously enhancing the desirability of its brands.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
