Orange Stock, Worst Performer in the CAC 40, Approaches Support Level After -10.5% Decline in One Month
Orange records the poorest performance in the Paris index, while the market advances significantly. The telecommunications operator extends a pullback that has been underway for several weeks and approaches a monitored technical threshold.
A Decline That Intensifies Far From Moving Averages and Near Support
The Orange share loses 3.44% to €13.74 in mid-morning, in a CAC 40 that gains 0.81%. Orange stock, worst performer in the CAC 40, approaches its support level after -10.6% in one month, and it trades 5.7% below its MA20 (€14.57), 10.8% below its MA50 and close to 17% below its MA200. The support at €13.71 is now just a few cents away from the current price, and an RSI of 38 signals a configuration still far from oversold territory. Today's decline is part of a Paris market dominated by tension over French government debt, with a 10-year OAT at 4.90% according to the Bank of France survey dated October 8.
Barclays Lowers its Target, JP Morgan Raises It Slightly
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.
Two brokerage firms revised their opinion on the stock on October 7. Barclays lowered its price target from €16.50 to €15.50 while maintaining an inline weighting, while JP Morgan raised its target from €22.50 to €22.60 while remaining overweight. The gap between the two targets is considerable, but both remain above the current price. On fundamentals, the group raised its annual targets when publishing H1 2026 results on July 28, with double-digit growth in Africa and the Middle East (+13.9% in revenue), and cited Orange Business's 3.1% decline as a point of weakness.
Ces excellentes performances nous permettent aujourd'hui de relever nos objectifs annuels
Risks mentioned
Orange Business en repli de -3,1 %, toujours pénalisé par un environnement de marché difficile
EBITDAaL d'Orange Business en baisse de -6,4 % sur le semestre
Endettement net porté à 35,7 milliards d'euros, ratio dette/EBITDAaL à 2,4x après MasOrange
Opportunities identified
Contrôle exclusif à 100 % de MasOrange renforçant la position en Espagne
Projet d'acquisition conjointe de SFR pour environ 5,6 milliards d'euros de part Orange
Croissance à deux chiffres en Afrique et Moyen-Orient (+13,9 % de chiffre d'affaires)
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.
