Teleperformance shares recover 3% but remain down 15.5% over the week
The customer relations specialist rebounds during the session, in a Paris market trading higher. The move comes a few days after the publication of its quarterly sales, which had triggered a sharp drop.
A partial rebound after the shock of third-quarter sales
Teleperformance gains 2.85% to €69.36, among the strongest gains in the SBF 120, while the index rises 1.04%. This recovery offsets part of the 15.5% decline suffered over seven days, following sales down 1.2% in the third quarter and a lowered 2026 revenue target.
At the publication on November 5, the group pointed to the decline in Trust & Safety services and a sector environment less favourable than expected, while citing double-digit growth in solutions augmented by AI.
During the session, the Paris market is moving in the wake of Wall Street, which closed sharply higher on Monday (+2.35% for the S&P 500). Goldman Sachs has also raised its price target to €72 from €68, with a neutral rating, implying a potential of about 4% relative to the current price.
A share price stuck below its short-term averages, above the MM200
In terms of moving averages, the share price remains below the MM20 (a gap of 10.34%) and the MM50, but above the MM200, located at €61.60, a margin of 12.6%.
The RSI at 38 reflects the easing of selling pressure over the last week without signalling a reversal, and the stock is trading near its support at €67.44.
On valuation, the consensus of the analysts surveyed points to a P/E of 5.3 times earnings for the current financial year.
Reported net short positions reach 5.35% of the share capital, held by six funds, but they have fallen by 1.18 points over one month, a sign that selling pressure is easing. The €67.44 level remains the nearest technical threshold.
