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ETL: Multiple New Partnerships Will Drive Revenue Expansion Through 2029

Update shared on 28 Nov 2025

Fair value Decreased 12%
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AnalystConsensusTarget's Fair Value
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1Y
-28.4%
7D
-35.1%

Analysts have lowered their price target for Eutelsat Communications from approximately €3.39 to €2.97. This change reflects updated expectations for revenue growth and valuation multiples.

What's in the News

  • Eutelsat renewed its multi-year partnership with Cinecolor Group, enabling secure, high-quality delivery of feature films and live events to hundreds of cinemas across Latin America through the EUTELSAT 65 West A satellite (Key Developments).
  • Clear Blue Technologies will join Eutelsat at AfricaCom 2025 to showcase an integrated smart off-grid platform. This will expand connectivity solutions for remote and underserved regions via satellite technology (Key Developments).
  • Eutelsat signed a frequency license agreement with 4iG Space and Defence Technologies to support Hungary's HUSAT satellite program. The agreement grants exclusive use of designated frequencies and orbital positions for major geostationary and low Earth orbit missions (Key Developments).
  • Sébastien Rouge was appointed as Eutelsat's new Chief Financial Officer, effective February 2026. He brings over thirty years of international financial leadership to support the group's strategic growth (Key Developments).
  • Eutelsat confirmed its financial guidance for fiscal years 2025-2029, projecting revenues between €1.5 billion and €1.7 billion and a 50% year-on-year growth in low Earth orbit revenues (Key Developments).

Valuation Changes

  • Fair Value Estimate: Decreased from €3.39 to €2.97, reflecting a lower expected market price.
  • Discount Rate: Increased slightly from 9.98% to 10.39%, indicating a higher perceived risk in future cash flows.
  • Revenue Growth: Declined marginally, with expectations reduced from 2.72% to 2.64%.
  • Net Profit Margin: Rose slightly, increasing from 6.73% to 7.08%.
  • Future P/E Ratio: Fell from 23.56x to 19.88x, indicating a lower valuation multiple for projected earnings.

Disclaimer

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