Valeo shares drop 20% over one month but recover 2.5% today

A rebound that fills only a small part of the decline since the third quarter

The Valeo share gains 2.5% to €11.69, in the wake of an SBF 120 that advances 1.11%.

The security is nonetheless still down 13.05% over one week and 20.07% over one month. This rebound barely eases this decline, especially as the price remains below its three moving averages: the MA20 is at €13.22 (gap of 11.57%), the MA200 at €12.88.

The group had maintained its 2026 targets on October 22, with original equipment sales down 3.8% in the third quarter. Original equipment sales had declined 3.8%, in a global automotive market down 1.6%.

In this context, the support level at €11.32 is less than 4% from the current price, and the RSI at 33 is close to the oversold zone.

A stock valued at 7.6 times expected earnings, with 10.92% of capital sold short

According to the consensus of analysts surveyed, Valeo is trading at approximately 7.6 times current year earnings and 5.9 times next year's earnings.

On positioning, eight funds cumulate according to reported disclosures 10.92% of capital in net short position, a high level. This figure has nonetheless declined by 0.33 points over 30 days, a sign of selling pressure easing slightly without disappearing.

The group also confirmed, during its T3 2026 publication (October 22, 2026), an expected return to growth in 2027, with a 2026 revenue range of 20 to 21 billion euros. The €45M share buyback program announced in April was executed at approximately 81% as of May 20.