Safran stock among the best performers of the CAC 40, +12% over one year
The aerospace engine manufacturer and defense equipment supplier is showing strong gains this Friday, with the CAC 40 advancing more than 1% during the session. This rebound, one of the strongest moves on the Paris stock exchange this morning, continues the recovery initiated in mid-September following a pressure phase that had driven the stock below its moving averages.
A rebound that consolidates the stock's position above its 20-day moving average
Safran gains 1.99% to €333.50 during the session, rebounding after yesterday's close at €327. The stock thus ranks among the strongest gainers of the CAC 40 this morning, within an index rising 1.1%. In terms of moving averages, the configuration has improved significantly since mid-September: the price stands above the 20-day MA at €329.94 (a difference of +1.08%), confirming the level recaptured last week after several weeks of pressure below this line.
The 200-day MA at €316.80 remains well below the current price (+5.27% difference), providing a comfortable technical floor. In contrast, the 50-day MA at €339.99 remains above the current price (-1.91% difference): this is the next technical threshold to break for validating a more sustained recovery. The RSI at 45 remains neutral, far from extreme zones, leaving room for upside without overbought signals.
Rebound in a Paris market holding up despite tensions in French government debt
The advance in Safran is occurring during a favorable session in Paris, with the CAC 40 advancing despite persistent tension on French sovereign rates. The 10-year OAT as of October 1, 2026 stands at 4.90%, at its highest level in the series since 2004, with a spread against the German Bund reaching 1.30 percentage points, at its highest level since May 2012. This context weighs more heavily on rate-sensitive sectors (banks, real estate, concessions) than on aerospace and defense equipment suppliers, whose visibility is backed by multi-year order books.
Over one year, the stock shows a performance of +11.76%, despite a quarterly decline of 4.69%. Technical resistance at €350.40 constitutes the next significant benchmark beyond the 50-day MA, with a support level at €321.60 in case of a reversal. The €375 million share buyback program announced on September 18, 2026 and executed at approximately 20% as of October 1, provides structural support for the stock.
