Wavestone AI Stock Analysis
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Wavestone (WAVE) AI Stock Analysis
Wavestone
(Paris:WAVE)
The score is driven primarily by strong financial performance (growth, profitability, and a de-risked balance sheet) and an attractive valuation (low P/E with a dividend). Offsetting factors are mixed technicals, with overbought signals and the price still below the 200-day moving average.
Wavestone (WAVE) vs. iShares MSCI France ETF (EWQ)
- Market Cap
- EUR 949.20M
- Dividend Yield
- 1.46%
- Average Volume (3M)
- 24.97K
- Price to Earnings (P/E)
- 10.2
- Beta (1Y)
- 0.69
- Revenue Growth
- 1.13%
- EPS Growth
- 8.32%
- Country
- France
- Employees
- 5,801
- Sector
- General
- Sector Strength
- 55
- Industry
- Information Technology Services
Wavestone Business Overview & Revenue Model
Company Description
Wavestone S.A. specializes in offering strategic and digital advisory services, primarily serving clients within France but also maintaining a notable international footprint. The firm extends its expertise across a broad spectrum of industries, enco...
How the Company Makes Money
Wavestone primarily makes money by selling professional services (consulting and project delivery) to clients under contracted engagements. Revenue is largely generated from billable consulting work priced on time-and-materials (billing based on cons...
Wavestone Financial Statement Overview
Summary
Strong multi-year revenue growth and resilient profitability, with a very strong balance sheet (deleveraging to very low debt-to-equity) and solid, largely earnings-backed free cash flow. Key risks are the sharp gross-margin drop in 2026 and some variability in cash conversion (operating cash flow coverage ratio below 1.0).
Income Statement
78PositiveBalance Sheet
90Very PositiveCash Flow
84Very Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 954.35M | 954.35M | 943.67M | 701.06M | 532.26M | 470.06M |
| Gross Profit | 119.87M | 119.87M | 344.64M | 167.79M | 116.41M | 215.94M |
| EBITDA | 132.33M | 132.76M | 127.84M | 96.63M | 80.25M | 80.33M |
| Net Income | 81.99M | 81.99M | 75.56M | 58.20M | 50.07M | 51.03M |
Balance Sheet | ||||||
| Total Assets | 996.89M | 996.89M | 979.95M | 977.74M | 536.79M | 494.24M |
| Cash, Cash Equivalents and Short-Term Investments | 121.44M | 121.44M | 78.35M | 77.48M | 70.82M | 108.25M |
| Total Debt | 20.27M | 20.27M | 80.77M | 84.39M | 59.46M | 65.97M |
| Total Liabilities | 294.43M | 294.43M | 346.55M | 406.35M | 237.74M | 237.25M |
| Stockholders Equity | 701.31M | 701.31M | 631.96M | 569.47M | 299.05M | 256.98M |
Cash Flow | ||||||
| Free Cash Flow | 128.46M | 128.46M | 84.44M | 78.67M | 35.36M | 55.23M |
| Operating Cash Flow | 130.77M | 130.77M | 89.28M | 81.77M | 41.15M | 56.34M |
| Investing Cash Flow | -12.72M | -12.72M | -48.74M | -69.02M | -52.73M | -12.48M |
| Financing Cash Flow | -76.10M | -76.10M | -40.18M | -7.41M | -25.85M | -23.96M |
Wavestone Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:WAVE, the sentiment is Positive. The current price of 34.20 is above the 20-day moving average (MA) of 32.61, above the 50-day MA of 31.02, and below the 200-day MA of 39.69, indicating a neutral trend. The MACD of 0.95 indicates Negative momentum. The RSI at 63.84 is Neutral, neither overbought nor oversold. The STOCH value of 56.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:WAVE.
Wavestone Peers Comparison
Overall Rating
FR:NRO79.4Outperform
FR:WAVE78Outperform
FR:SOP77Outperform
FR:CAP76Outperform
FR:AUB73Outperform
FR:ATO42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 79Outperform | EUR 968.00M | 17.79 | 14.25% | 3.45% | 6.68% | 9.16% | |
| 78Outperform | EUR 840.72M | 10.24 | 12.19% | 1.46% | 1.13% | 8.32% | |
| 77Outperform | EUR 3.82B | 12.64 | 14.45% | 2.69% | 1.62% | 12.95% | |
| 76Outperform | EUR 20.89B | 15.21 | 11.82% | 2.74% | 6.23% | -11.48% | |
| 73Outperform | EUR 630.61M | 15.23 | 14.17% | 3.02% | 27.45% | 19.70% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| 42Neutral | EUR 492.44M | -0.40 | 117.34% | ― | -14.39% | -173.10% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FR:WAVE | Wavestone SA | 34.20 | -16.38 | -32.39% | |
| FR:ATO | Atos SE | 24.50 | -20.55 | -45.62% | |
| FR:AUB | Aubay Société Anonyme | 49.65 | 0.98 | 2.01% | |
| FR:CAP | Capgemini | 123.95 | -6.50 | -4.98% | |
| FR:NRO | Neurones | 40.55 | -0.25 | -0.62% | |
| FR:SOP | Sopra Steria | 196.70 | 68.71 | 53.69% |
Wavestone Corporate Events
Wavestone Reports Share Capital and Voting Rights
Wavestone reported 24,906,332 outstanding shares and 41,705,068 voting rights as of October 31, 2026, in a disclosure required under French company and financial-market regulations. The release provides shareholders with updated transparency on the c...
Wavestone pivots harder to AI as growth stalls and margins come under pressure
Wavestone reported second-quarter 2026/27 revenue of €230.2m, up 2% year on year, and stable first-half revenue of €457.2m, with performance mixed by region and underlying sales slightly down at constant scope and exchange rates. Utilization held at...
Wavestone Details Share Buyback Transaction on Euronext Paris
Wavestone has disclosed a transaction involving the purchase of its own shares on Euronext Paris, as part of a regulated share buyback program. On October 13, 2026, the firm acquired 3,000 shares under the ISIN FR0004036036 at a daily weighted averag...
Wavestone Steps Up Share Buybacks on Euronext Paris
Wavestone, a Paris-listed consulting firm specialized in digital and AI-driven business transformation for large enterprises, operates mainly in Europe and North America through a 6,000-strong workforce. The group focuses on end-to-end advisory servi...
Wavestone Updates Market on Share Capital and Voting Rights
Wavestone, a world‑class consulting firm focused on digital and artificial intelligence‑driven transformation, serves large enterprises in Europe and North America with end‑to‑end advisory services that blend business and technology expertise. Listed...
Wavestone steps up share buybacks as AI-led consulting growth strategy advances
Wavestone, a technology-focused consulting firm with a strong presence in Europe and North America, specializes in supporting large companies through AI-driven transformation and enterprise-wide change programs. The group positions itself as a partne...
Wavestone Steps Up Share Buybacks as It Deepens AI-Focused Consulting Strategy
Wavestone has conducted share buyback transactions on Euronext Paris over several consecutive days in late September 2026, purchasing a total of several thousand shares at weighted average prices around €29.30 to €29.50. The program underscores the c...
Wavestone Discloses New Share Buybacks on Euronext Paris
Wavestone has reported recent transactions in its own shares on Euronext Paris, disclosing purchases of a total of 25,281 shares over two days at weighted average prices just below €30 per share. The activity forms part of its regulated share buyback...
Wavestone Reports Share Buybacks on Euronext Paris
Wavestone disclosed transactions in its own shares on Euronext Paris, detailing buybacks conducted on 7 and 11 September 2026 under its share repurchase program. The company acquired 4,597 shares at a weighted average price of €31.90 and 26,152 share...
Wavestone buys Sand Cherry to accelerate U.S. expansion
Wavestone has agreed to acquire Sand Cherry, a Denver-based management consultancy specializing in complex business transformations for large U.S. clients, particularly in technology, media, telecoms, and energy. Sand Cherry, which employs about 130...
Wavestone Steps Up Share Buybacks on Euronext Paris
Wavestone has reported a series of share repurchases carried out on Euronext Paris between 1 and 4 September 2026 under its ongoing buyback program. Over these sessions, the consulting firm acquired several tranches of its own stock at daily weighted...
Wavestone Advances Share Buyback as AI-Focused Consulting Strategy Scales
Wavestone has reported activity under its ongoing share buyback program, disclosing the repurchase of 10,000 of its own shares on 26 August 2026 on Euronext Paris. The transaction was executed at a weighted average price of €33.85 per share, signalin...
Wavestone Updates Share Capital and Voting Rights Structure
Wavestone, a global consulting firm specialized in business and technology transformation, helps major companies in Europe and North America deploy artificial intelligence at scale and reinvent their operating models. With 6,000 employees and a listi...
Wavestone Details Share Buybacks on Euronext Paris
Wavestone reported transactions carried out under its share buyback program over the period from 17 to 21 August 2026. The company repurchased its own shares on Euronext Paris, with daily operations executed at weighted average prices in the mid-€30...
Wavestone Details August Share Buybacks on Euronext Paris
Wavestone has reported recent transactions under its ongoing share buyback program, detailing purchases of its own shares on the Euronext Paris market. The disclosure forms part of its regulated information obligations and shows the company continuin...
Wavestone Details August Share Buybacks on Euronext Paris
Wavestone has disclosed transactions executed under its share buyback program between 3 and 7 August 2026 on Euronext Paris. Over these sessions, the company repurchased tens of thousands of its own shares, with daily volumes ranging from just over 8...
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: Nov 05, 2026
