Capgemini stock fell 2.85 percent on October 2, 2026

Published on 10/04/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capgemini stock traded at EUR 108.90 on October 2 after Barclays cut its target from EUR 135 to EUR 130. H1 revenue rose 8.8 percent to EUR 12,082 million.

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Capgemini stock (ISIN FR0000125338) was last at EUR 108.90 on Euronext Paris on October 2, 2026, at 5:38 p.m. CEST, down 2.85 percent from the previous session. The immediate market backdrop was a sharp sector reaction to Accenture's results, while Capgemini also faced a lower Barclays price target, as BFM Bourse reported on October 1, 2026.

Target falls from EUR 135

Ideal Investor reported on October 1, 2026, that Barclays maintained an Overweight rating while cutting its Capgemini target from EUR 135 to EUR 130. The revision places the target EUR 21.10 above the October 2 reference price, a gap of 19.4 percent.

The broader signal remains mixed inside the company picture. Capgemini completed the sale of Capgemini Government Solutions to ITC Federal on September 30, 2026, according to Ideal Investor, separating a business that represented less than 2 percent of US revenue.

Revenue grows while profit contracts

Capgemini's first-half 2026 revenue reached EUR 12,082 million, up 8.8 percent from EUR 11,110 million in the prior-year period, while operating margin increased 10 basis points to 12.5 percent. The figures come from the H1 2026 results call published by Yahoo Finance on July 30, 2026.

The earnings quality is less uniform: group net profit fell to EUR 498 million from EUR 724 million in H1 2025, while normalized EPS declined to EUR 5.29 from EUR 6.00. Management also raised fiscal 2026 constant-currency revenue growth guidance from 6.5%-8.5% to 8.5%-9.0%, with the operating margin target unchanged at 13.6%-13.8%.

October 30 sets the next checkpoint

Capgemini's investor calendar lists Q3 2026 revenue for October 30, 2026, at 7:00 a.m. CET. The date appears on the company's investor-relations page, which also identifies the July 30 H1 results and the Paris CAP listing.

The next report will test whether the raised growth outlook is translating into profitable expansion. H1 operating margin at 12.5 percent was 1.1 percentage points below the lower end of the full-year target, while restructuring costs and higher financing expenses weighed on net profit.

Stock remains below its yearly high

Capgemini stock was last at EUR 108.90 on Euronext Paris on October 2, 2026, at 5:38 p.m. CEST, 28.8 percent below its 52-week high of EUR 153.05 and above its 52-week low of EUR 85.62.