Eutelsat shares among the biggest gainers in the SBF 120, up 5.5%

A rebound that places the stock among the leaders of the SBF 120

Eutelsat shares rise 5.52% to €1.88 intraday, among the biggest gainers in the SBF 120, while the index gains 0.53%. This pickup in activity follows a very bullish month (+23.83%) and comes a few days after the publication of its first-quarter revenue.

The group reported sales of €286 million, down 2.4%.

When it published its annual results (on October 29, 2026), the company had also confirmed its targets for fiscal year 2028-29, relying on the sales momentum in low Earth orbit. Over the week, however, the stock remains down 4.25%, which puts the magnitude of today's move into perspective.

Above its short-term moving averages, still far from the MA200

The price is above the MA20 (€1.76, a gap of 7.02%) as well as the MA50 (€1.74, a gap of 8.25%), a sign that the November rebound has put the stock back above its short-term benchmarks.

The MA200, at €2.27, remains however 17.03% above the price, illustrating the extent of the decline accumulated over the quarter (-14.15%) and over one year (-27.73%).

The €2.03 resistance level is the closest level to watch in the data, roughly 8% above the current price.

Going forward, today's session should be viewed in the context of the broader market: the CAC 40 gains 0.5% while Wall Street rebounded sharply on Wednesday after the US midterm elections.