Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

French (CAC) Tech Sector Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies91
  • 7D-0.6%
  • 3M-6.0%
  • 1Y-33.5%
  • YTD-13.0%

The Tech is pretty flat in the last 7 days, but 2CRSI has stood out, gaining 40%. As for the longer term, the industry has declined 34% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

Has the French Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026€87.5b€63.0b€3.7b17.8x23.8x1.4x
Mon, 19 Jan 2026€102.5b€63.6b€4.0b21.9x25.8x1.6x
Wed, 17 Dec 2025€101.0b€63.4b€4.0b21.3x25.5x1.6x
Fri, 14 Nov 2025€98.5b€63.6b€4.0b20.6x24.4x1.5x
Sun, 12 Oct 2025€105.4b€63.4b€4.1b19.6x25.5x1.7x
Tue, 09 Sep 2025€103.1b€63.3b€4.2b15.4x24.6x1.6x
Thu, 07 Aug 2025€103.0b€63.3b€4.2b16.7x24.5x1.6x
Sat, 05 Jul 2025€119.7b€73.0b€5.1b16.9x23.6x1.6x
Mon, 02 Jun 2025€115.7b€73.4b€5.1b16x22.7x1.6x
Wed, 30 Apr 2025€110.6b€73.3b€5.0b15.4x22x1.5x
Fri, 28 Mar 2025€121.8b€76.0b€5.5b17.4x22x1.6x
Sun, 23 Feb 2025€134.5b€68.3b€5.3b16.7x25.5x2x
Tue, 21 Jan 2025€127.2b€69.5b€5.8b16.8x21.9x1.8x
Thu, 19 Dec 2024€124.3b€69.4b€5.8b16.6x21.4x1.8x
Sat, 16 Nov 2024€120.0b€69.4b€5.9b15.3x20.5x1.7x
Mon, 14 Oct 2024€130.8b€69.8b€6.4b16.9x20.4x1.9x
Wed, 11 Sep 2024€131.8b€69.6b€6.5b19.1x20.2x1.9x
Fri, 09 Aug 2024€128.5b€70.0b€6.6b17.5x19.6x1.8x
Sun, 07 Jul 2024€147.2b€71.2b€7.1b19.6x20.7x2.1x
Tue, 04 Jun 2024€148.1b€70.9b€7.1b20.3x20.9x2.1x
Thu, 02 May 2024€148.3b€73.3b€7.0b22.3x21.3x2x
Sat, 30 Mar 2024€159.0b€73.2b€7.4b21.6x21.6x2.2x
Mon, 26 Feb 2024€168.6b€87.7b€6.3b19.9x26.7x1.9x
Wed, 24 Jan 2024€172.7b€89.1b€6.8b21.7x25.3x1.9x
Fri, 22 Dec 2023€171.2b€88.9b€6.8b21.2x25.3x1.9x
Sun, 19 Nov 2023€160.6b€89.0b€6.8b20.1x23.6x1.8x
Tue, 17 Oct 2023€147.7b€89.4b€6.9b18.3x21.3x1.7x
Thu, 14 Sep 2023€149.7b€88.5b€6.9b20.3x21.8x1.7x
Sat, 12 Aug 2023€154.1b€88.0b€6.8b21.5x22.7x1.8x
Mon, 10 Jul 2023€157.4b€86.3b€6.6b20.1x23.7x1.8x
Wed, 07 Jun 2023€158.6b€86.5b€6.7b19x23.6x1.8x
Fri, 05 May 2023€147.2b€85.8b€6.5b18.6x22.5x1.7x
Sun, 02 Apr 2023€160.8b€85.1b€6.3b19x25.4x1.9x
Tue, 28 Feb 2023€169.8b€88.9b€4.5b22.1x38.1x1.9x
Price to Earnings Ratio

38.1x


Total Market Cap: €169.8bTotal Earnings: €4.5bTotal Revenue: €88.9bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 23.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the French Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.4x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 6.3% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the French Tech sector?

FR Market2.63%
Tech-0.55%
Communications10.34%
Tech Hardware3.48%
Electronic Equipment and Components0.75%
Semiconductors0.64%
IT-1.20%
Software-1.93%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 19.4x.
    • Analysts are expecting annual earnings growth of 35.2%, which is higher than its past year's earnings decline of 43.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 106% over the next 5 years.
  • This is better than its past earnings decline of 79% per year.
  • In contrast, the Software industry is expected to see its earnings grow by 8.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AL2SI 2CRSI€23.0540.4%
+€148.0m		347.6%PE241.8x
74SW 74Software€31.0014.8%
+€117.1m		11.9%PE21.5x
STMPA STMicroelectronics€28.560.4%
+€97.8m		6.7%PE180.1x
PARRO Parrot€7.1229.5%
+€50.1m		53.8%PS2.7x
ALSEM SEMCO Technologies Société anonyme€34.8010.8%
+€34.7m		n/aPE53.6x

Latest News

ALRIB
€5.88
Riber
7D
18.3%
1Y
71.9%
LSS
€19.20
Lectra
7D
-4.2%
1Y
-33.8%
AL2SI
€23.05
2CRSI
7D
40.4%
1Y
347.6%
XFAB
€4.66
X-FAB Silicon Foundries
7D
3.8%
1Y
-10.6%

XFAB: Neutral Coverage And Refined Assumptions Will Shape Future Repricing

Analysts have trimmed their price target on X-FAB Silicon Foundries by €1.40, reflecting slightly lower fair value estimates and tempered assumptions for revenue growth, margins and future P/E following recent research updates from major firms. Analyst Commentary Recent research updates point to a more measured stance on X-FAB Silicon Foundries, with analysts fine tuning their fair value views rather than making sweeping revisions.
SOP
€121.30
Sopra Steria Group
7D
-2.7%
1Y
-31.7%

SOP: Higher EUR 168 Outlook Will Support New CEO Execution

Analysts have raised their price target on Sopra Steria Group to €168 from €160. The change is reflected in a slightly higher assumed discount rate and forward P/E, while fair value and core operating assumptions remain broadly unchanged.
VU
€122.10
Vusion
7D
1.7%
1Y
-24.0%
CAP
€104.50
Capgemini
7D
-0.3%
1Y
-36.3%
DSY
€17.43
Dassault Systèmes
7D
-2.2%
1Y
-56.1%

DSY: Medium Term Execution On AI Partnerships Will Drive Future Upside Potential

The Analyst Price Target for Dassault Systèmes has been revised lower to €35.51 from €41.53, as analysts reflect reduced revenue growth and profit margin assumptions, along with lower future P/E expectations following a series of recent target cuts and a downgrade. Analyst Commentary Recent research has clustered around downward adjustments to price targets and a downgrade, but there are still some constructive signals that focus on execution and long term growth potential.
ATE
€59.65
Alten
7D
-6.5%
1Y
-38.6%
QDT
€13.28
Quadient
7D
-8.8%
1Y
-25.5%
PARRO
€7.12
Parrot
7D
29.5%
1Y
53.8%
ATO
€39.90
Atos
7D
-10.3%
1Y
24.7%

ATO: AI Alliances And Agentic Solutions Will Support Future Upside

Analysts have raised their price target on Atos from €46.50 to €51.40. The change reflects updated assumptions that include softer revenue growth, a slightly lower profit margin outlook, and a marginally lower future P/E multiple.
74SW
€31.00
74Software
7D
14.8%
1Y
11.9%

74SW: Higher Fair Value And Margin Outlook Will Support Future Upside

Narrative Update on 74Software The analyst price target for 74Software has been revised from €35.00 to €41.00. Analysts point to updated assumptions on fair value, discount rate, revenue growth, profit margin and a lower future P/E multiple as the drivers behind this change.
STMPA
€28.56
STMicroelectronics
7D
0.4%
1Y
6.7%
ALSEM
€34.80
SEMCO Technologies Société anonyme
7D
10.8%
1Y
n/a
PLNW
€15.40
Planisware SAS
7D
-6.1%
1Y
-43.8%