Vivendi SE Stock Falls to 5-Year Low Following Half-Year Results
Following the publication of disappointing half-year results on Thursday, the stock suffered another difficult session on Friday, plunging to an unprecedented low not seen in five years. Downward target revisions from two analyst firms this morning add further pressure on a security already weakened by several months of decline.
Five-Year Low Reached in Trading, With Two Analyst Downgrades
Vivendi SE declined 5.07% to €1.516 in trading on Friday, ranking among the steepest declines of the SBF 120. More significantly, the stock touched €1.50 in intraday trading, a level not reached in five years (the previous floor was €1.56, recorded in 2021). This decline extends a profound deterioration: the stock has lost over 34% in three months and nearly 49% over one year. Two analyst firms downwardly revised their price targets on Friday in reaction to the first-half results published on September 3rd.
Oddo BHF lowered its price target from €3.00 to €2.20, while downgrading to a neutral rating. CIC Market Solutions, which maintains a buy opinion, nonetheless reduced its target from €2.70 to €2.00.
Technical Configuration Under Pressure, With RSI Approaching Oversold Levels
The stock is trading well below all three moving averages: the 20-day MA is at €1.65, representing an 8.1% gap above the current price; the 50-day MA at €1.85 represents an 18% gap; and the 200-day MA at €2.12 stands at approximately 28.5% above the current level. This configuration, where the price remains persistently below all its moving averages, reflects a profound downtrend across all timeframes. The RSI at 31 is close to the oversold threshold of 30, without having breached it yet, signaling emerging seller exhaustion that is not yet confirmed.
Furthermore, the current price at €1.516 is below the identified support at €1.59, a level already broken during the intraday low at €1.50. The next significant resistance is found at €2.03, well above current levels. In an SBF 120 that is globally stable (down 0.15% in trading), Vivendi's movement stands out sharply from the broader market trend on Friday, September 4th.
