SES Shares Soar Nearly 6%, Reaching a High Since 2022
Luxembourg satellite operator SES saw its shares climb nearly 6% in Monday's trading session to €7.45, after hitting an intraday high of €7.46. The stock thus marks a high since 2022, ahead of its first quarter results scheduled for release on May 12. Over one year, the stock now shows a gain of 64%.
A New Multi-Year Peak Reached Before Results
The SES stock raised its intraday high to €7.46, surpassing the previous 2022 record. At €7.45 mid-session, the stock gained 5.97% compared to the last close at €7.03 and nearly 12% over the week. This acceleration extends a dynamic that began in mid-April when the stock had crossed the €6.32 threshold approaching the quarterly publication. The financial calendar confirms the publication of the first quarter 2026 results on May 12. In the last report covering the first nine months of 2025, the group had confirmed an annual revenue range of €2.60 to €2.70 billion and an adjusted EBITDA between €1.17 and €1.21 billion, on a basis including Intelsat since July 17, 2025. Among the opportunities mentioned at that time, the expansion of the Aviation activity, with more than 3,000 equipped aircraft and 200 new aircraft gained since the close.
A Tense Technical Setup After the Surge
Today's movement thrusts the price well above the upper boundary of the Bollinger Bands, set at €6.72, indicating a characteristic overflow of a buying phase. The RSI at 60 remains in the neutral zone, indicating that today's surge has not yet saturated the momentum indicator. The MM50 at €6.35 and the MM200 at €6.13 both evolve far below the price, reflecting the magnitude of the bullish break relative to the reference averages. However, the general context remains weak, with the CAC 40 down 0.49% and the SBF 120 losing 0.39% in the session. The next key date is now set for May 12 with the quarterly publication.