Valneva at the bottom of the SBF 120 with a 4% drop in a risk-averse session
The Lyon-based vaccine company ranks among the worst performers on the Paris market, in a session dominated by strong risk aversion. It has fallen back below the short-term moving averages it had just regained.
A decline that erases the stock's short-term rebound
Valneva shares fell 3.99% to €2.45 intraday, placing it among the largest decliners on the SBF 120, an index that lost 1.64%. The stock has thus dropped back below its 20-day moving average (€2.49), which it had regained during last Wednesday's rebound, while the quarter remained up 10%.
The 50-day moving average (€2.66) remains 7.7% above the current price, and the 200-day moving average (€2.89) more than 15% above. Over one year, the stock has lost nearly 37%.
The support at €2.33, where the price sits roughly 5% above, is the level to watch. The RSI at 45 is neutral: the day's decline has not yet created an oversold configuration.
A very weak market session, between AI and French debt
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Valneva's decline comes in a session where the CAC 40 fell 1.65% and the VIX jumped to 26.74 from 16.61 the previous day. Wall Street experienced its sharpest correction since April 2025 on Thursday, with the Nasdaq down 5.52%, and the sell-off spread to Asia, where the Nikkei lost nearly 6%.
In Paris, the rejection of the first part of the 2027 budget by the National Assembly adds to the picture, while the 10-year French OAT yield remains close to its recent high at 4.75%.
Sanofi, another healthcare stock on the exchange, fell 3.23% although it has gained nearly 16% over one month.
On the company front, first-half 2026 results, published on August 13, confirmed the outlook for 2026, while citing the impact of the geopolitical context on travel among the risks. Regulatory decisions on the Lyme disease vaccine were expected within twelve months of that publication.
SectorPharmacie et biotechnologies›Pharmacie, vaccins et santé animale
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 65,8 millions d'euros
Quarterly revenue: 65,8 millions d'euros
Revenue growth: -32,6 %
EBITDA: -39,8 millions d'euros
EBITDA margin: -60,4 %
Net income: -63,3 millions d'euros
Guidance from the release
Malgré l'impact négatif persistant du contexte géopolitique sur les voyages, Valneva a confirmé ses perspectives pour 2026
Risks mentioned
Impact négatif persistant du contexte géopolitique sur les voyages affectant les ventes de produits
Dépendance commerciale élevée envers les livraisons d'IXIARO au Département américain de la Défense avec calendrier incertain
Recentrage stratégique d'IXCHIQ sur les marchés endémiques affectant les perspectives commerciales du vaccin contre le chikungunya
Opportunities identified
Décisions réglementaires attendues pour le candidat vaccin LB6V contre la maladie de Lyme dans les 12 prochains mois
Amélioration attendue des marges brutes au second semestre après impact d'éléments non récurrents au S1 2026
Bénéfices futurs de l'initiative de restructuration visant à réduire la consommation de trésorerie et optimiser les opérations
Outlook / guidance
Expected revenue: 147,5 millions d'euros
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.