SPIE shares rise 2.5% and post +8.5% over one week
The multi-technical services group accelerates mid-session in a well-oriented Parisian market. It extends a rebound begun with the publication of its third-quarter activity, and the short-term trend is clearly recovering.
A rebound already exceeding short-term moving averages
SPIE shares gain 2.31% to €44.24 intraday, well above the CAC 40 (+0.48%) and the SBF 120 (+0.42%). The stock ranks among the largest gainers of the SBF 120.
Over the week, the stock advances 8.54%, erasing part of the 4.9% decline suffered over three months. The price is above the MA20 (€41.95) and the MA50 (€42.92), but remains below the MA200 at €46.84, a gap of 5.55% to close.
The RSI at 61 reflects buying momentum without excess. The resistance at €44.82 is now less than 1.5% away from the price.
CIC Market Solutions reiterated on November 2 its buy recommendation with an unchanged price target of €55, representing a potential of 24% relative to the day's price. Analyst opinions therefore remain oriented toward buying.
Third quarter up 13.7% and 2026 objectives confirmed
In its publication of October 30, SPIE reported production of €2,886.8 million in the third quarter, up 13.7%. Over nine months, production reached €8,043.4 million (+7.0%). The group confirmed its outlook for 2026 and highlighted organic growth of 4.7% in the third quarter.
Seven announced acquisitions represent nearly €800 million in annual revenue, including Austria's SAR for €100 million. Among the risks cited in this publication is disrupted activity in the Middle East since the start of the conflict with Iran. The group also announced in July a share buyback program of €59 million.
