Eutelsat stock breaks through €2.03 and rises 5% in morning trading
The satellite operator accelerates in mid-morning, with a well-oriented SBF 120. The stock ranks among the best performers of its index on the same day it publishes its first quarter activity.
The €2.03 threshold reclaimed on the upside, becoming support during the session
The stock of Eutelsat Communications gains 5.19% to €2.07, among the strongest gains in the SBF 120, while the index advances 1.1%. It broke through its highest level of the last thirty sessions during the session, at €2.03, and remains above it, which transforms the former resistance into support.
The rebound extends an already well-oriented week (+8.95%) and a month up 25.17%. The price is clearly above its MA20 (+23.89%), but remains below its MA200, at €2.28, or 9.25% lower. The move follows Wednesday's decline session, which today's recovery largely erases.
First quarter revenue: the group's appointment for today
Eutelsat is publishing today its revenue for the first quarter of fiscal year 2026-2027. The deadline concentrates attention after several weeks of high volatility, with analyst opinions under revision and turbulent sessions.
Over one year, the stock is still down 21.55%, and over three months it is roughly back to its starting level (+0.15%), a sign of a very turbulent journey.
The MACD and RSI at 63 accompany today's rebound without signaling overbought conditions.
