100% French Stocks – Thursday, October 2, 2025

100% French Stocks – Thursday, October 2, 2025

CAC 40 PREOPEN: 8,002 points (+0.28%)

Key stocks of the day

Renault (RNO): Considering a joint venture with China’s Chery to produce in South America.

Saint-Gobain (SGO): In talks to sell SFIC Belgium.

EssilorLuxottica (EL): Finalizes acquisition of ophthalmology platform Optegra.

Stellantis (STLA): +6% sales in Q3 in the United States.

Vinci (DG): Launches massive €600M share buyback.

Scor (SCR): Redeems €63.6M in perpetual bonds.

GTT (GTT): New order for an LNG carrier in North America.

Vranken (VRK): Sells Champagne Heidsieck to Lanson for €50M.

Argan (ARG): Raises its investments outlook for 2026.

Signaux Girod (GIRO): Acquires Michat Electronique.

Nicox (COX): Positive results on NCX 470, heading towards authorizations in the USA and China.

Nanobiotix (NANO): Encouraging first results for its treatment against esophageal cancer.

Amoéba (AMEBA): Very positive feedback on AXPERA tests against downy mildew in French vineyards.

Mauna Kea Technologies (MKEA): Shows resilience despite a -5% drop in H1 2025 sales, reduced losses, and strengthened cash post-close.

Gensight Biologics (SIGHT): Completes a €3.7M fundraising round.

Expected company results today

Kaufman & Broad SA (KOF) – Q3 2025 Results
Hydrogen Refueling Solutions (ALHRS) – Q4 2025 Results (estimated)

Analyst recommendations (French companies only)

Recommendation changes

Upgrade

Bouygues (EN) → JP Morgan stays at Overweight, target raised from €49 → €56

Legrand (LR) →

Orange (ORA) → BNP Paribas Exane stays at Outperform, target raised from €16 → €17

Neutral

Orange (ORA) → Oddo BHF moves from Outperform to Neutral, target maintained at €14

Downgrade

(No major rating downgrades for French companies today)

Have a great session everyone!
Sylvain Mouilhaud – Equity Coach