TF1 stock breaks through its €6.24 support level and marks a low not seen since 2022
TF1 recorded a record low on Wednesday not seen in four years, at €6.12, after Oddo BHF lowered its price target at the start of trading. The decline places the audiovisual group among the most underperforming values of the SBF 120 this afternoon.
A four-year low and a breached support level in a declining market
TF1 stock declined 1.84% to €6.13 during the session, after touching €6.12 intraday, marking its lowest level since 2022, a year marked by the war in Ukraine and rising interest rates. The previous record had been set at €6.13: the stock briefly broke through it before stabilizing in its vicinity. The support threshold at €6.24, which had constituted a floor for several weeks, was also broken to the downside during the session, with the stock remaining below this level at the time of writing this article.
The index backdrop does not favor a rebound: the CAC 40 declined 0.61% and the SBF 120 retreated 0.58% during the session. Over one week, the stock has already lost 5.41% and shows a decline of 28.99% over one year, one of the most deteriorated performances among SBF 120 values.
Oddo BHF lowers its target to €9 as the RSI plunges into extreme oversold territory
Oddo BHF revised its price target for TF1 today from €9.50 to €9.00, while maintaining a neutral analyst consensus. Even reduced to €9.00, this target implies a theoretical rebound potential of nearly 47% compared to the current price, illustrating the extent of the decline suffered by the stock in recent months. This revision comes in a fundamentally pressured context: when publishing H1 2026 results (July 24, 2026), the group reported negative scope effects of 39 million euros linked to disposals and a continuously deteriorated linear advertising environment.
From a price indicators perspective, the RSI stands at 23, signaling a rare extreme oversold configuration, well below the 30 threshold. The stock is also trading well below its three moving averages: the 20-day MA at €6.63, the 50-day MA at €6.83, and the 200-day MA at €7.13 form a tight technical ceiling above the current price, with a gap of approximately 14% relative to the 200-day MA. The next identified resistance is located at €7.01, approximately 14% above the current level.
