Eutelsat Stock: The 74% Rally Over Three Months Takes a Breather
Eutelsat Communications stock pauses in the late afternoon in an upward trending Parisian market. The session interrupts a spectacular bullish sequence that had pushed the stock to multi-month highs.
Stock Loses Ground After a Weekly Surge of Over 36%
Eutelsat Communications drops 3.18% to €4.08 during the session, after having reached €4.21 the previous day. Today's decline only erases a fraction of the recent gains: over the week, the stock still holds a gain of 36.38%, and its progression reaches 74.15% over three months. The session breaks a momentum that had driven the value well beyond all its medium-term benchmarks, fueled by a shift towards low-orbit satellite connectivity. On the SBF 120, the stock is at the back of the pack while the index gains 0.74%. On the fundamentals side, the latest quarterly publication (9M 2025/2026, May 12, 2026) highlighted a 50% increase in LEO activity revenue year-on-year, offset by a negative currency effect of 42 million euros over the period.
RSI at 83 Indicates a Strong Overbought Condition After the Rally
The pullback occurs in a tense technical setup. The RSI climbs to 83, in a characterized overbought zone, following the acceleration of the last sessions. The stock price still remains well above its moving averages: 31.88% above the MM20 at €3.09, and nearly 55% above the MM50 at €2.63. The gap with these benchmarks illustrates the extent of the rally and the risk of profit-taking after such an extension. The resistance at €4.21, tested the previous day at the highest intraday, acted as a ceiling and triggered today's consolidation. On the downside, the MM20 at €3.09 remains the first technical reference, more than 24% below the current price, indicating the stock's distance from its recent equilibrium zone. The next fundamental agenda point will be the publication of the 2025/2026 annual results, traditionally expected in the summer.
