SES breaks through its €4.50 resistance and extends its rebound
The Luxembourg-based satellite operator extends its rebound during the session, in a Paris market trending higher. It published its nine-month accounts on November 5, which have already revived the stock.
A €4.50 resistance broken intraday and a lead over the moving averages
The stock gains 2.98% to €4.63 and is among the strongest gainers in the SBF 120, which rises 0.37%.
SES has moved above its €4.50 resistance and is holding above it, extending a move that began several weeks ago: the gain reaches 10.81% over seven days and 28.55% over one month, excluding the dividend detachment.
The share price trades 11.5% above its MM20 (€4.16), while the MM200 (€5.84) remains 20.7% above the share price, a sign that the underlying downtrend has not yet been fully absorbed.
The stock has been trading ex-dividend since October 13, following the detachment of an interim dividend of €0.25, which distorts raw price comparisons over three months and one year.
Nine-month accounts that confirm stable guidance for 2026
The accounts published on November 5 show adjusted EBITDA up 18.6% in the third quarter, to €413 million, on revenue of €870 million (+4.2%). Over nine months, the net loss attributable to the group widened to €175 million, compared with €48 million a year earlier.
At the time of this publication, the group maintained its guidance for stable revenue and adjusted EBITDA for 2026, with a order backlog of €10 billion, including €3.4 billion linked to IRIS2. The risks cited include the integration of Intelsat and the expected synergies.
Analyst opinions on the stock can be consulted on the analyst consensus page. The group has also launched a €31 million share buyback programme, executed at about 6% as of August 7.
