2026 Q1 -tulosraportti
64 päivää sitten28 min
0,7246 EUR/osake
Viimeisin osinko
Tarjoustasot
Xetra
Määrä
Osto
0
Myynti
Määrä
0
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
1,692VWAP
Alin
1,628VaihtoMäärä
0,1 60 449
VWAP
Ylin
1,692Alin
1,628VaihtoMäärä
0,1 60 449
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2026 Q2 -tulosraportti | 13.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| Vuosittainen yhtiökokous 2025 | 20.11. | |
| 2026 Q1 -tulosraportti | 21.10. | |
| 2025 Q4 -tulosraportti | 5.8. | |
| 2025 H2 -tulosraportti | 5.8. | |
| 2025 Q3 -tulosraportti | 15.5. |
Datan lähde: FactSet, Quartr
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
9 t sitten9 t sittenIn this exclusive conversation, Eutelsat OneWeb discusses its roadmap as it prepares to deploy nearly 340 satellites starting 2027. The company is also likely to consider partnering with ISRO to lift off a portion of its Gen-2 fleet. Whats in store for the next leg of expansion for the company? BTTV’s Aishwarya Patil caught up with Neha Idnani, Regional Vice President APAC, Eutelsat and Director, OneWeb India.... https://youtu.be/1huof2ZfXUI?si=duIOOvT2zXAuGnrD- ·14 t sitten
- ·1 päivä sittenBNP paribas price target 2.0 https://www.advanced-television.com/2025/12/22/bank-opportunities-for-ses-and-eutelsat/
- ·2 päivää sittenLatest article I have been able to find: Eutelsat Shares Face Dilution Pressure Despite Long-Term Satellite Ambitions 21.12.2025 - 16:02:04 While Eutelsat advances the next phase of its Eutelsat OneWeb satellite constellation, the immediate fallout from a significant equity raise is overshadowing its strategic vision on the trading floor. The company's stock experienced a sharp decline last week, weighed down by the dilutive impact of newly issued shares. This has created a stark divergence between the firm's future prospects and its present market valuation. Market sentiment is currently dominated by short-term technical factors. Eutelsat's share price closed at €1.61 on Friday, establishing a new low. This represented a weekly loss exceeding 20 percent. The catalyst was the recent completion of a capital increase. In a final step to bolster its balance sheet and fund investments into its second-generation satellites, Eutelsat secured approximately €670 million in fresh equity. Although the transaction was oversubscribed, the structure of the deal has led to considerable dilution: - The placement of nearly half a billion new shares - A subscription price for the new shares set at €1.35 - A consequent slide in the price of existing shares toward that subscription level The substantial influx of new paper continues to exert persistent selling pressure. From a technical perspective, the trend remains decidedly negative until the market fully absorbs this additional supply. Refined Gen-2 Timeline with ISRO Partnership Amid the market turbulence, Eutelsat OneWeb is firming up plans for its next-generation fleet. According to industry sources, the company is concretizing its collaboration with the Indian Space Research Organisation (ISRO), focusing on the second generation (Gen-2) of its low-Earth-orbit satellite network. The previously vague schedule has now been sharpened: - Integration of over 340 new LEO satellites commencing from 2027 - Full deployment of the Gen-2 constellation targeted for completion by 2030 - Utilization of ISRO's LVM3 rockets for launch missions Concurrently, Eutelsat and OneWeb are working to integrate the Gen-2 fleet into the European IRIS² program. Operationally, the focus is firmly set on the coming decade. A Disconnect Between Strategy and Valuation A pronounced gap has emerged between Eutelsat's long-term satellite strategy and its current equity valuation. Management is charting a course for the Gen-2 constellation build-out and its role in the IRIS² project through 2030. In contrast, many investors are presently fixated on the immediate effects of share dilution. The cooperation with ISRO secures cost-efficient launch capacity for Eutelsat starting in 2027, essential for deploying the planned 340-plus Gen-2 satellites. In the near term, however, this strategic perspective offers little momentum to counterbalance the share price decline triggered by the capital measure. As long as the shares created by the equity raise continue to burden the market technically, and the stock trades close to the €1.35 subscription price, the equity remains vulnerable to further setbacks. For now, the mathematical impact of the capital increase sets the tone for trading, while the long-term satellite initiative remains a project for the years ahead. https://www.ad-hoc-news.de/boerse/news/ueberblick/eutelsat-shares-face-dilution-pressure-despite-long-term-satellite/68429525#google_vignette
- ·19.12.Simply WallStreet analysis from 13.12.2025 Analysts have lowered their price target for Eutelsat Communications from €6.70 to €5.22, reflecting a higher required discount rate, slightly stronger expectations for revenue growth, profit margins, and a lower future price/earnings multiple. What's new Completed an equity offering (follow on equity rights offering) of €669.8 million, where 496.1 million new common shares were issued at €1.35 each to strengthen the balance sheet and finance growth initiatives (Key Developments). Concluded a separate private placement of 207 million shares at €4 per share, raising €828 million in gross proceeds from institutional investors (Key Developments). Announced a lock-up agreement for major shareholders, including the French state, Bharti, the British government, CMA CGM and FSP, with restrictions effective from December 9, 2025 to June 17, 2026 to support stock market stability (Key Developments). Confirmed mid-term guidance, targeting €1.5 billion to €1.7 billion in revenue by fiscal years 2028 to 2029, with low Earth orbit (LEO) activity expected to grow 50 percent year over year and outperform the broader market (Key Developments). Signed several strategic customer agreements, including the renewal of its Cinecolor Group cinema distribution agreement in Latin America and new partnerships to expand OneWeb connectivity in Greenland, support AfricaCom 2025 with Clear Blue Technologies, and support Hungary's HUSAT satellite program (Key Developments). Valuation Changes Fair Value: reduced from €6.70 to €5.22, a significant decrease to reflect a more conservative view. Discount Rate: increased from 9.98 percent to 11.19 percent, a moderate increase indicating a higher perceived risk profile. Revenue Growth: adjusted up from 4.29 percent to 4.58 percent, a small increase based on improved growth assumptions. Net Profit Margin: increased from 6.73 percent to 7.06 percent, a modest increase based on expectations of better operational efficiency. Future P/E: lowered from 44.51x to 33.84x, a marked decrease in line with a more cautious valuation multiple. Key Points LEO expansion, government contracts, and unique GEO/LEO positioning could drive revenue development, increased customer loyalty, and long-term margin improvements compared to competitors. Operational focus on next-generation terminals and regulatory advantages can support global growth, premium pricing, and monetization of the increasing demand for high-bandwidth connectivity. Declining core video revenues, increasing competition, high capital requirements, and rising regulatory costs threaten Eutelsat's revenue stability, profitability, and future financial flexibility. Catalysts About Eutelsat Communications Operates telecommunications satellites. What are the underlying business or industry changes driving this perspective? While analyst consensus already expects robust LEO-driven revenue growth from next-generation constellation deployment and large government contracts, this may still underestimate the incremental change in EBITDA margins and operational leverage possible as declines in legacy GEO are replaced by structurally higher LEO revenue share and increasing multi-year government and defense agreements. Analysts broadly agree that the strategic capital increase and sale of passive infrastructure will enable LEO expansion, but this could unlock even faster revenue acceleration – management now aims to achieve full global LEO coverage by 2026 with over 44 ground stations, which could enable a "first-mover premium" as governments and businesses rush to secure reliable low-latency access globally, driving revenue and order book far above consensus. Eutelsat's status as the only significant non-US LEO operator with a global hybrid GEO/LEO offering, strongly supported by the French and British governments, positions it to win a disproportionately large share of future European and allied sovereign digital infrastructure contracts, potentially resulting in revenue and customer loyalty far above competitors. Management's operational focus on next-generation terminals – including specialized hardware for government/military, aviation, and maritime – and rapid licensing in over 180 countries paves the way to monetize the explosive demand for always-on, high-bandwidth connectivity in remote, underserved, and mobile environments, driving both top-line growth and premium pricing. Industry consolidation and regulatory tailwinds are likely to lead to a much more favorable pricing environment for established players like Eutelsat – this, combined with the scaling of software-defined satellites and AI-driven network management, could enable sustained margin expansion and reduced delivery costs per bit in the long term.·19.12.The article was published the day after the capital increase went through, so the new shares are included in their analysis. When I read the article, the current price drop seems like a strong overreaction from the market.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
64 päivää sitten28 min
0,7246 EUR/osake
Viimeisin osinko
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- 9 t sitten9 t sittenIn this exclusive conversation, Eutelsat OneWeb discusses its roadmap as it prepares to deploy nearly 340 satellites starting 2027. The company is also likely to consider partnering with ISRO to lift off a portion of its Gen-2 fleet. Whats in store for the next leg of expansion for the company? BTTV’s Aishwarya Patil caught up with Neha Idnani, Regional Vice President APAC, Eutelsat and Director, OneWeb India.... https://youtu.be/1huof2ZfXUI?si=duIOOvT2zXAuGnrD
- ·14 t sitten
- ·1 päivä sittenBNP paribas price target 2.0 https://www.advanced-television.com/2025/12/22/bank-opportunities-for-ses-and-eutelsat/
- ·2 päivää sittenLatest article I have been able to find: Eutelsat Shares Face Dilution Pressure Despite Long-Term Satellite Ambitions 21.12.2025 - 16:02:04 While Eutelsat advances the next phase of its Eutelsat OneWeb satellite constellation, the immediate fallout from a significant equity raise is overshadowing its strategic vision on the trading floor. The company's stock experienced a sharp decline last week, weighed down by the dilutive impact of newly issued shares. This has created a stark divergence between the firm's future prospects and its present market valuation. Market sentiment is currently dominated by short-term technical factors. Eutelsat's share price closed at €1.61 on Friday, establishing a new low. This represented a weekly loss exceeding 20 percent. The catalyst was the recent completion of a capital increase. In a final step to bolster its balance sheet and fund investments into its second-generation satellites, Eutelsat secured approximately €670 million in fresh equity. Although the transaction was oversubscribed, the structure of the deal has led to considerable dilution: - The placement of nearly half a billion new shares - A subscription price for the new shares set at €1.35 - A consequent slide in the price of existing shares toward that subscription level The substantial influx of new paper continues to exert persistent selling pressure. From a technical perspective, the trend remains decidedly negative until the market fully absorbs this additional supply. Refined Gen-2 Timeline with ISRO Partnership Amid the market turbulence, Eutelsat OneWeb is firming up plans for its next-generation fleet. According to industry sources, the company is concretizing its collaboration with the Indian Space Research Organisation (ISRO), focusing on the second generation (Gen-2) of its low-Earth-orbit satellite network. The previously vague schedule has now been sharpened: - Integration of over 340 new LEO satellites commencing from 2027 - Full deployment of the Gen-2 constellation targeted for completion by 2030 - Utilization of ISRO's LVM3 rockets for launch missions Concurrently, Eutelsat and OneWeb are working to integrate the Gen-2 fleet into the European IRIS² program. Operationally, the focus is firmly set on the coming decade. A Disconnect Between Strategy and Valuation A pronounced gap has emerged between Eutelsat's long-term satellite strategy and its current equity valuation. Management is charting a course for the Gen-2 constellation build-out and its role in the IRIS² project through 2030. In contrast, many investors are presently fixated on the immediate effects of share dilution. The cooperation with ISRO secures cost-efficient launch capacity for Eutelsat starting in 2027, essential for deploying the planned 340-plus Gen-2 satellites. In the near term, however, this strategic perspective offers little momentum to counterbalance the share price decline triggered by the capital measure. As long as the shares created by the equity raise continue to burden the market technically, and the stock trades close to the €1.35 subscription price, the equity remains vulnerable to further setbacks. For now, the mathematical impact of the capital increase sets the tone for trading, while the long-term satellite initiative remains a project for the years ahead. https://www.ad-hoc-news.de/boerse/news/ueberblick/eutelsat-shares-face-dilution-pressure-despite-long-term-satellite/68429525#google_vignette
- ·19.12.Simply WallStreet analysis from 13.12.2025 Analysts have lowered their price target for Eutelsat Communications from €6.70 to €5.22, reflecting a higher required discount rate, slightly stronger expectations for revenue growth, profit margins, and a lower future price/earnings multiple. What's new Completed an equity offering (follow on equity rights offering) of €669.8 million, where 496.1 million new common shares were issued at €1.35 each to strengthen the balance sheet and finance growth initiatives (Key Developments). Concluded a separate private placement of 207 million shares at €4 per share, raising €828 million in gross proceeds from institutional investors (Key Developments). Announced a lock-up agreement for major shareholders, including the French state, Bharti, the British government, CMA CGM and FSP, with restrictions effective from December 9, 2025 to June 17, 2026 to support stock market stability (Key Developments). Confirmed mid-term guidance, targeting €1.5 billion to €1.7 billion in revenue by fiscal years 2028 to 2029, with low Earth orbit (LEO) activity expected to grow 50 percent year over year and outperform the broader market (Key Developments). Signed several strategic customer agreements, including the renewal of its Cinecolor Group cinema distribution agreement in Latin America and new partnerships to expand OneWeb connectivity in Greenland, support AfricaCom 2025 with Clear Blue Technologies, and support Hungary's HUSAT satellite program (Key Developments). Valuation Changes Fair Value: reduced from €6.70 to €5.22, a significant decrease to reflect a more conservative view. Discount Rate: increased from 9.98 percent to 11.19 percent, a moderate increase indicating a higher perceived risk profile. Revenue Growth: adjusted up from 4.29 percent to 4.58 percent, a small increase based on improved growth assumptions. Net Profit Margin: increased from 6.73 percent to 7.06 percent, a modest increase based on expectations of better operational efficiency. Future P/E: lowered from 44.51x to 33.84x, a marked decrease in line with a more cautious valuation multiple. Key Points LEO expansion, government contracts, and unique GEO/LEO positioning could drive revenue development, increased customer loyalty, and long-term margin improvements compared to competitors. Operational focus on next-generation terminals and regulatory advantages can support global growth, premium pricing, and monetization of the increasing demand for high-bandwidth connectivity. Declining core video revenues, increasing competition, high capital requirements, and rising regulatory costs threaten Eutelsat's revenue stability, profitability, and future financial flexibility. Catalysts About Eutelsat Communications Operates telecommunications satellites. What are the underlying business or industry changes driving this perspective? While analyst consensus already expects robust LEO-driven revenue growth from next-generation constellation deployment and large government contracts, this may still underestimate the incremental change in EBITDA margins and operational leverage possible as declines in legacy GEO are replaced by structurally higher LEO revenue share and increasing multi-year government and defense agreements. Analysts broadly agree that the strategic capital increase and sale of passive infrastructure will enable LEO expansion, but this could unlock even faster revenue acceleration – management now aims to achieve full global LEO coverage by 2026 with over 44 ground stations, which could enable a "first-mover premium" as governments and businesses rush to secure reliable low-latency access globally, driving revenue and order book far above consensus. Eutelsat's status as the only significant non-US LEO operator with a global hybrid GEO/LEO offering, strongly supported by the French and British governments, positions it to win a disproportionately large share of future European and allied sovereign digital infrastructure contracts, potentially resulting in revenue and customer loyalty far above competitors. Management's operational focus on next-generation terminals – including specialized hardware for government/military, aviation, and maritime – and rapid licensing in over 180 countries paves the way to monetize the explosive demand for always-on, high-bandwidth connectivity in remote, underserved, and mobile environments, driving both top-line growth and premium pricing. Industry consolidation and regulatory tailwinds are likely to lead to a much more favorable pricing environment for established players like Eutelsat – this, combined with the scaling of software-defined satellites and AI-driven network management, could enable sustained margin expansion and reduced delivery costs per bit in the long term.·19.12.The article was published the day after the capital increase went through, so the new shares are included in their analysis. When I read the article, the current price drop seems like a strong overreaction from the market.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Xetra
Määrä
Osto
0
Myynti
Määrä
0
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
1,692VWAP
Alin
1,628VaihtoMäärä
0,1 60 449
VWAP
Ylin
1,692Alin
1,628VaihtoMäärä
0,1 60 449
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2026 Q2 -tulosraportti | 13.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| Vuosittainen yhtiökokous 2025 | 20.11. | |
| 2026 Q1 -tulosraportti | 21.10. | |
| 2025 Q4 -tulosraportti | 5.8. | |
| 2025 H2 -tulosraportti | 5.8. | |
| 2025 Q3 -tulosraportti | 15.5. |
Datan lähde: FactSet, Quartr
2026 Q1 -tulosraportti
64 päivää sitten28 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2026 Q2 -tulosraportti | 13.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| Vuosittainen yhtiökokous 2025 | 20.11. | |
| 2026 Q1 -tulosraportti | 21.10. | |
| 2025 Q4 -tulosraportti | 5.8. | |
| 2025 H2 -tulosraportti | 5.8. | |
| 2025 Q3 -tulosraportti | 15.5. |
Datan lähde: FactSet, Quartr
0,7246 EUR/osake
Viimeisin osinko
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- 9 t sitten9 t sittenIn this exclusive conversation, Eutelsat OneWeb discusses its roadmap as it prepares to deploy nearly 340 satellites starting 2027. The company is also likely to consider partnering with ISRO to lift off a portion of its Gen-2 fleet. Whats in store for the next leg of expansion for the company? BTTV’s Aishwarya Patil caught up with Neha Idnani, Regional Vice President APAC, Eutelsat and Director, OneWeb India.... https://youtu.be/1huof2ZfXUI?si=duIOOvT2zXAuGnrD
- ·14 t sitten
- ·1 päivä sittenBNP paribas price target 2.0 https://www.advanced-television.com/2025/12/22/bank-opportunities-for-ses-and-eutelsat/
- ·2 päivää sittenLatest article I have been able to find: Eutelsat Shares Face Dilution Pressure Despite Long-Term Satellite Ambitions 21.12.2025 - 16:02:04 While Eutelsat advances the next phase of its Eutelsat OneWeb satellite constellation, the immediate fallout from a significant equity raise is overshadowing its strategic vision on the trading floor. The company's stock experienced a sharp decline last week, weighed down by the dilutive impact of newly issued shares. This has created a stark divergence between the firm's future prospects and its present market valuation. Market sentiment is currently dominated by short-term technical factors. Eutelsat's share price closed at €1.61 on Friday, establishing a new low. This represented a weekly loss exceeding 20 percent. The catalyst was the recent completion of a capital increase. In a final step to bolster its balance sheet and fund investments into its second-generation satellites, Eutelsat secured approximately €670 million in fresh equity. Although the transaction was oversubscribed, the structure of the deal has led to considerable dilution: - The placement of nearly half a billion new shares - A subscription price for the new shares set at €1.35 - A consequent slide in the price of existing shares toward that subscription level The substantial influx of new paper continues to exert persistent selling pressure. From a technical perspective, the trend remains decidedly negative until the market fully absorbs this additional supply. Refined Gen-2 Timeline with ISRO Partnership Amid the market turbulence, Eutelsat OneWeb is firming up plans for its next-generation fleet. According to industry sources, the company is concretizing its collaboration with the Indian Space Research Organisation (ISRO), focusing on the second generation (Gen-2) of its low-Earth-orbit satellite network. The previously vague schedule has now been sharpened: - Integration of over 340 new LEO satellites commencing from 2027 - Full deployment of the Gen-2 constellation targeted for completion by 2030 - Utilization of ISRO's LVM3 rockets for launch missions Concurrently, Eutelsat and OneWeb are working to integrate the Gen-2 fleet into the European IRIS² program. Operationally, the focus is firmly set on the coming decade. A Disconnect Between Strategy and Valuation A pronounced gap has emerged between Eutelsat's long-term satellite strategy and its current equity valuation. Management is charting a course for the Gen-2 constellation build-out and its role in the IRIS² project through 2030. In contrast, many investors are presently fixated on the immediate effects of share dilution. The cooperation with ISRO secures cost-efficient launch capacity for Eutelsat starting in 2027, essential for deploying the planned 340-plus Gen-2 satellites. In the near term, however, this strategic perspective offers little momentum to counterbalance the share price decline triggered by the capital measure. As long as the shares created by the equity raise continue to burden the market technically, and the stock trades close to the €1.35 subscription price, the equity remains vulnerable to further setbacks. For now, the mathematical impact of the capital increase sets the tone for trading, while the long-term satellite initiative remains a project for the years ahead. https://www.ad-hoc-news.de/boerse/news/ueberblick/eutelsat-shares-face-dilution-pressure-despite-long-term-satellite/68429525#google_vignette
- ·19.12.Simply WallStreet analysis from 13.12.2025 Analysts have lowered their price target for Eutelsat Communications from €6.70 to €5.22, reflecting a higher required discount rate, slightly stronger expectations for revenue growth, profit margins, and a lower future price/earnings multiple. What's new Completed an equity offering (follow on equity rights offering) of €669.8 million, where 496.1 million new common shares were issued at €1.35 each to strengthen the balance sheet and finance growth initiatives (Key Developments). Concluded a separate private placement of 207 million shares at €4 per share, raising €828 million in gross proceeds from institutional investors (Key Developments). Announced a lock-up agreement for major shareholders, including the French state, Bharti, the British government, CMA CGM and FSP, with restrictions effective from December 9, 2025 to June 17, 2026 to support stock market stability (Key Developments). Confirmed mid-term guidance, targeting €1.5 billion to €1.7 billion in revenue by fiscal years 2028 to 2029, with low Earth orbit (LEO) activity expected to grow 50 percent year over year and outperform the broader market (Key Developments). Signed several strategic customer agreements, including the renewal of its Cinecolor Group cinema distribution agreement in Latin America and new partnerships to expand OneWeb connectivity in Greenland, support AfricaCom 2025 with Clear Blue Technologies, and support Hungary's HUSAT satellite program (Key Developments). Valuation Changes Fair Value: reduced from €6.70 to €5.22, a significant decrease to reflect a more conservative view. Discount Rate: increased from 9.98 percent to 11.19 percent, a moderate increase indicating a higher perceived risk profile. Revenue Growth: adjusted up from 4.29 percent to 4.58 percent, a small increase based on improved growth assumptions. Net Profit Margin: increased from 6.73 percent to 7.06 percent, a modest increase based on expectations of better operational efficiency. Future P/E: lowered from 44.51x to 33.84x, a marked decrease in line with a more cautious valuation multiple. Key Points LEO expansion, government contracts, and unique GEO/LEO positioning could drive revenue development, increased customer loyalty, and long-term margin improvements compared to competitors. Operational focus on next-generation terminals and regulatory advantages can support global growth, premium pricing, and monetization of the increasing demand for high-bandwidth connectivity. Declining core video revenues, increasing competition, high capital requirements, and rising regulatory costs threaten Eutelsat's revenue stability, profitability, and future financial flexibility. Catalysts About Eutelsat Communications Operates telecommunications satellites. What are the underlying business or industry changes driving this perspective? While analyst consensus already expects robust LEO-driven revenue growth from next-generation constellation deployment and large government contracts, this may still underestimate the incremental change in EBITDA margins and operational leverage possible as declines in legacy GEO are replaced by structurally higher LEO revenue share and increasing multi-year government and defense agreements. Analysts broadly agree that the strategic capital increase and sale of passive infrastructure will enable LEO expansion, but this could unlock even faster revenue acceleration – management now aims to achieve full global LEO coverage by 2026 with over 44 ground stations, which could enable a "first-mover premium" as governments and businesses rush to secure reliable low-latency access globally, driving revenue and order book far above consensus. Eutelsat's status as the only significant non-US LEO operator with a global hybrid GEO/LEO offering, strongly supported by the French and British governments, positions it to win a disproportionately large share of future European and allied sovereign digital infrastructure contracts, potentially resulting in revenue and customer loyalty far above competitors. Management's operational focus on next-generation terminals – including specialized hardware for government/military, aviation, and maritime – and rapid licensing in over 180 countries paves the way to monetize the explosive demand for always-on, high-bandwidth connectivity in remote, underserved, and mobile environments, driving both top-line growth and premium pricing. Industry consolidation and regulatory tailwinds are likely to lead to a much more favorable pricing environment for established players like Eutelsat – this, combined with the scaling of software-defined satellites and AI-driven network management, could enable sustained margin expansion and reduced delivery costs per bit in the long term.·19.12.The article was published the day after the capital increase went through, so the new shares are included in their analysis. When I read the article, the current price drop seems like a strong overreaction from the market.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Xetra
Määrä
Osto
0
Myynti
Määrä
0
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
1,692VWAP
Alin
1,628VaihtoMäärä
0,1 60 449
VWAP
Ylin
1,692Alin
1,628VaihtoMäärä
0,1 60 449
Välittäjätilasto
Dataa ei löytynyt