Sopra Steria Climbs 2.8% in Session, Boosted by Two Exclusive Acquisition Negotiations
The stock accelerates following the announcement of exclusive negotiations aimed at strengthening the group's industrial engineering and PLM offerings. This movement comes as the stock continues its recovery that began in late April and confirms its return above its main moving averages.
A Dual External Growth Operation on Industrial Engineering and PLM
Sopra Steria's stock rose 2.8% to €146.90 in a positively oriented Paris market (CAC 40 +1.13%, SBF 120 +1.10%). The group announced on Thursday that it has entered into exclusive negotiations to acquire the Manufacturing Engineering branch of Daher Industrial Services, a move that would expand its aerospace manufacturing engineering capabilities, notably with Airbus. This announcement comes a day after another external growth operation: the day before, the group had revealed it was in exclusive negotiations to acquire Digital Product Simulation, a firm specialized in digital simulation for industrial product development. Sopra Steria is thus simultaneously strengthening its PLM offering and its positioning in the aerospace sector, two high-value-added segments. Based on the expected earnings per share, the stock is trading at about 8.3 times the earnings for the current fiscal year according to the consensus of surveyed analysts.
The Stock Confirms Its Technical Breakout and Advances 6% Over the Week
Today's rebound extends the momentum that began at the end of April: Sopra Steria is up 6.3% for the week and nearly 12% over three months, after breaking through its resistance at €142.90 which had hindered the stock throughout the spring. Crossing this threshold paves the way for a test of the €150 zone, in a movement supported by an RSI at 64 which remains below the overbought limits. The price is now clearly above its three key moving averages (MM20 at €137.74, MM50 at €127.71, MM200 at €140.35), an aligned configuration that confirms the medium-term bullish reversal. However, the stock still shows a decline of 23% over one year, highlighting the extent of the path remaining after the summer 2025 slump. According to reviewed statements, four funds still hold a net short position of 3.27% of the capital, up 0.20 point over thirty days. This level, above 3%, reflects ongoing caution from some institutional investors, without constituting a massive signal of distrust. The next session will allow to assess the solidity of the breakthrough of €142.90, which has become a technical support after several weeks as a ceiling.