Vusion stock surges 10.5%, best performing index gain
The Nanterre-based specialist in connected electronic labels establishes itself as the index's top performer on Tuesday, driven by the publication of its half-yearly results the previous day. The rebound brings the stock back above its main short and medium-term moving averages, in a nearly stable Paris market.
Half-yearly results and analyst opinion: a double catalyst for the session
The publication of half-yearly results on September 21 triggers the movement. Vusion reports revenue growth of 34% and adjusted EBITDA of €160 million for the first half of 2026, two figures in line with the announced trajectory. Management reiterates its objectives for the full financial year, targeting revenue of approximately 1.79 billion euros, with a tone qualified as "confident" during the September 21 publication.
Free cash-flow, however, presents a duality: operating cash flow advances, but total available liquidity remains negative due to the consumption of customer advances and tax payments, a point the market has incorporated when reading the accounts. Bernstein simultaneously revised its price target on Tuesday, lowering it from €180 to €170, while maintaining an analyst opinion of "outperform". At €129.40, the stock is still trading at a discount of nearly 31% to this revised target, reflecting substantial upside potential in the brokerage house's opinion, even though the target has been lowered.
Technical setup restored, but the 200-day MA remains an obstacle at €134.50
Vusion is trading at €129.40 in session, up 10.6% from Monday's close of €117. This jump places the stock back above the 20-day MA (€122.33) with a gap of 5.78% and above the 50-day MA (€125.92) with a gap of 2.76%. The 200-day MA, at €134.50, remains above the current price: the stock is 3.79% below it and is hitting this zone as the next medium-term resistance. The short-term resistance identified at €133.30 sits just below the 200-day MA, forming a dual technical barrier. The RSI at 40 does not yet signal overbought conditions, leaving room before reaching a level of bullish exhaustion.
Regarding short positions, six funds according to declarations consulted total 3.99% of capital sold short, in slight decline of 0.21 points over thirty days (versus 4.20% a month earlier). This level remains elevated, indicating that a significant fraction of institutional players maintained a bearish bet on the stock before this rebound. The modest reduction in cumulative shorts suggests that this pressure has not sharply reversed, even if today's movement may lead to partial covering. Over one year, the stock still shows a decline of 49.14%, reminding us of the scale of the downward path before this upsurge. The zone of €133.30 to €134.50 will constitute the next determining technical reading.
