100% French Stocks – Thursday, October 30, 2025
PREOPEN CAC 40: 8200 points (-0.02%)
Slight dip at pre-open in a climate full of quarterly results releases.
Key Stock Highlights of the Day
Airbus (AIR): Q3 results above expectations but lower forecast production for the A220.
Crédit Agricole (ACA): Q3 results up.
Société Générale (GLE): Net profit of €1.5bn in Q3, above expectations.
Stellantis (STLA): Q3 revenue up 13% to €37.2bn, outlook confirmed despite expected exceptional charges.
TotalEnergies (TTE): Adjusted net income slightly down, but dividend raised and ADRs converted to ordinary shares listed on the NYSE.
Rémy Cointreau (RCO): Lowers its 2025-26 forecasts, impacted by Chinese and US markets.
Technip Energies (TE): Operating income below expectations but targets confirmed.
Air Liquide (AI): Launches a capital increase reserved for employees and a multi-tranche bond issue.
Casino (CO): Denies a €500m injection by Kretinsky.
Pluxee (PLX): Lowers 2026 growth forecasts but raises its Ebitda margin.
DBV Technologies (DBV): Raises $30m through ADS issuance.
Eramet (ERA): Q3 revenue down 10%, cash flow still negative, tough economic conditions.
Claranova (CLA): Finalizes strategic refocus on SaaS, stable sales at +1.4%.
Corporate results expected today
Saint-Gobain
Wavestone
Aubay
Lectra
Claranova
Sogeclair
Samse
74Software
2CRSi
Casino
Vantiva
Ateme
Analyst Ratings (only)
Upgrades
Airbus (AIR)
→ Bernstein stays at Outperform, target raised to €245
→ Deutsche Bank stays at Buy, target raised to €228
→ RBC Capital stays at Outperform, target raised to €240
Dassault Systèmes (DSY)
→ Griffin Securities maintains Buy, target lowered to €43
Sanofi (SAN)
→ HSBC maintains Buy, target adjusted to €102
Sopra Steria (SOP)
→ Bernstein stays at Outperform, target adjusted to €226
Unibail-Rodamco-Westfield (URW)
→ Goldman Sachs stays at Buy, target raised to €130
Neutral
Adidas
→ TD Cowen stays at Hold, target lowered to €189
Citi on Airbus
→ Maintains at Hold, target raised to €207
Downgrades
Rémy Cointreau (RCO)
→ Results alert + forecast downgrade = expected pressure at open.
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Have a great session everyone!
Sylvain Mouilhaud: stock coach.
