Arcure SA (ALCUR) AI Stock Analysis

Arcure SA

(Paris:ALCUR)

Select Model

Rating:46Neutral

Price Target:EUR 1.50▼(-8.81% Downside)

Action:reiterated

Date:10/02/26

Financial performance is the primary factor with moderate scores amid profitability challenges, while weak technical signals add further downside pressure. Valuation is a secondary concern given negative earnings.

Positive Factors

AI safety nicheArcure operates in a specialized industrial safety niche where AI-based pedestrian detection addresses workplace risk and productivity. Its Blaxtair system combines hardware, embedded software, and services, creating a technology-led offering that can support repeat deployments across industrial vehicle fleets.

Negative Factors

Revenue and profitability reversalThe sharp 2025 deterioration shows that Arcure's earnings base is not yet consistent through the cycle. Lower revenue and a return to substantial losses can reduce reinvestment capacity, weaken operating leverage, and make future performance more dependent on a successful recovery in demand and margins.

Arcure SA (ALCUR) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 9.86M
Dividend Yield: ―
Average Volume (3M): 6,094
Price to Earnings (P/E): -4.5
Beta (1Y): 0.65
Revenue Growth: -13.81%
EPS Growth: -271.33%
Country: France
Employees: 54
Sector: Industrials
Sector Strength: 63
Industry: Communication Equipment

Arcure SA Business Overview & Revenue Model

Company Description

Arcure S.A. develops artificial intelligence (AI) solutions for the autonomy of industrial machinery in France. The company offers Blaxtair, an AI-enabled pedestrian detection system to prevent collisions between pedestrians and vehicles. Arcure S.A....

How the Company Makes Money

Arcure makes money primarily by selling its AI-based safety products and related services to industrial customers and partners. Key revenue streams include: - Product sales (hardware + embedded AI): Revenue is generated from selling Blaxtair® systems...

Arcure SA Financial Statement Overview

Summary

Income statement shows recent revenue decline and net loss; balance sheet offers moderate stability with some leverage; cash flow provides relative strength but remains volatile.

Income Statement

45Neutral

Balance Sheet

50Neutral

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.84M	12.63M	18.70M	18.20M	13.03M	10.43M
Gross Profit	1.23M	1.29M	8.22M	4.86M	1.90M	78.38K
EBITDA	117.00K	-186.00K	14.23M	3.31M	1.27M	-857.80K
Net Income	-2.20M	-2.36M	1.75M	1.80M	55.36K	-2.23M
Balance Sheet
Total Assets	15.29M	16.68M	20.93M	18.83M	18.85M	13.76M
Cash, Cash Equivalents and Short-Term Investments	2.82M	3.23M	3.30M	3.73M	4.89M	1.81M
Total Debt	7.44M	7.96M	8.60M	7.77M	8.91M	5.49M
Total Liabilities	10.29M	10.76M	12.53M	12.01M	13.75M	10.22M
Stockholders Equity	5.00M	5.92M	8.40M	6.82M	5.10M	3.54M
Cash Flow
Free Cash Flow	624.00K	714.00K	-1.47M	-40.06K	-1.90M	-3.56M
Operating Cash Flow	2.71M	3.13M	1.14M	2.19M	593.89K	-1.43M
Investing Cash Flow	-2.06M	-2.41M	-2.54M	-2.22M	-2.47M	-2.12M
Financing Cash Flow	-743.00K	-693.00K	904.00K	-1.08M	4.94M	-163.45K

Arcure SA Technical Analysis

Technical Analysis SentimentNegative

Last Price1.65

Price Trends

50DMA2.19Negative

100DMA2.39Negative

200DMA2.61Negative

Market Momentum

MACD-0.14Positive

RSI25.99Positive

STOCH30.50Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALCUR, the sentiment is Negative. The current price of 1.65 is below the 20-day moving average (MA) of 1.90, below the 50-day MA of 2.19, and below the 200-day MA of 2.61, indicating a bearish trend. The MACD of -0.14 indicates Positive momentum. The RSI at 25.99 is Positive, neither overbought nor oversold. The STOCH value of 30.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALCUR.

Arcure SA Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

FR:ALCUR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:MTU	67Neutral	EUR 756.20M	8.67	8.83%	3.80%	7.68%	19.52%
FR:SU	66Neutral	EUR 140.06B	28.21	19.47%	1.77%	6.93%	9.95%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FR:ALPM	63Neutral	EUR 114.08M	11.72	9.51%	2.61%	0.05%	0.42%
FR:ALCUR	46Neutral	EUR 9.87M	-4.49	―	―	-13.81%	-271.33%

* Industrials Sector Average

Performance Comparison

FR:ALCUR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:ALCUR	Arcure SA	1.66	-1.64	-49.70%
FR:MTU	Manitou BF	19.76	2.81	16.59%
FR:ALPM	Precia SA	21.10	-7.85	-27.12%
FR:SU	Schneider Electric SE (UK)	237.50	1.94	0.82%
FR:MLHYD	Hydraulique PB SA	720.00	-30.00	-4.00%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 02, 2026

Arcure SA AI Stock Analysis