Valeo shares remain down 21% over one month despite a 2% rebound

A rebound that recovers only a tiny fraction of the autumn decline

Valeo gained 2.15% to €11.16 during the session, while the CAC 40 rose 1.54%. The stock ranked 37th in the SBF 120 for the session, without standing out from the pack. This recovery remains modest compared with the 20.86% decline over one month and the 25.51% decline over the quarter: it barely softens the slope.

On the financial side, on October 22 the group had maintained its 2026 targets, including revenue of €20 to 21 billion, despite original equipment sales down 3.8% in the third quarter, in an automotive market down 1.6%. The maintenance of these targets did not halt the slide in the share price.

On valuation, the stock trades at about 7.4 times current-year earnings according to the consensus of the analysts surveyed. A more recent announcement concerns two-wheelers: Valeo will equip Zeeho electric motorcycles, the brand of the Cfmoto group, with driver-assistance systems, an announcement made on November 3 at the EICMA show in Milan.

A share price at €11.16, below the three moving averages and close to a support level

The stock trades 11.04% below its MM20 and 18.75% below its MM50, a gap that illustrates the severity of the recent decline.

The RSI at 32 places the stock in a zone of selling pressure, without having yet pushed it into outright oversold territory, while the support at €10.92 is less than 2% from the current price: a rebound of this size has not moved it away from that level.

On the short side, eight funds together hold 11.31% of the capital in net short positions according to the declarations consulted, up 0.98 points over thirty days. This high level shows that a significant share of institutional investors remains positioned against the stock, which can also fuel hedging movements during rebound sessions such as this one.

Brent crude, at $102.20 and down 7.7% over eight sessions, brings some slight relief on raw material costs. The support at €10.92 remains the key technical level to watch in the coming sessions.