Eutelsat Communications (ETL) Stock Overview
Operates telecommunication satellites. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ETL Community Fair Values
Create NarrativeSee what 59 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Media opportunity
CE
Fair Value from
US$7.4351.5% undervalued intrinsic discount
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Read full narrativeEutelsat Communications S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €2.79 |
| 52 Week High | €4.49 |
| 52 Week Low | €1.59 |
| Beta | 0.055 |
| 1 Month Change | 19.15% |
| 3 Month Change | 32.73% |
| 1 Year Change | -30.58% |
| 3 Year Change | -55.83% |
| 5 Year Change | -72.95% |
| Change since IPO | -76.60% |
Recent News & Updates
Narrative Update • May 04
ETL: Future P/E Reset Will Hinge On Refined Discount Rate Assumptions
Analysts have inched their Eutelsat Communications price targets higher overall, with moves such as Deutsche Bank's €0.10 uplift, partly offset by a cut to €2.40 elsewhere, reflecting updated views on discount rates, growth assumptions and valuation multiples. Analyst Commentary Recent research points to a mixed but generally constructive tone around Eutelsat Communications, with some price targets adjusted higher and others trimmed as models are refreshed.
Narrative Update • Apr 20
ETL: Recent Price Cut And Rich P/E Will Pressure Future Returns
Analysts have lowered their price target on Eutelsat Communications to about €2.39 from €2.69. This is broadly in line with recent Street research that moved targets toward €2.40, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels.Narrative Update • Apr 05
ETL: Reset Price View Will Rely On Revised P/E Assumptions
Analysts have trimmed their price target on Eutelsat Communications by €0.10 to €2.40, citing recent Street research that reflects updated assumptions on discount rates, revenue growth, profit margins and a lower future P/E multiple. Analyst Commentary Recent research points to a modest reset in expectations for Eutelsat Communications, with the latest move being a €0.10 adjustment to a €2.40 price target.Narrative Update • Mar 22
ETL: Refined Discount Rate And P/E Assumptions Will Support Future Upside
Analysts have trimmed their price target on Eutelsat Communications by €0.10 to €2.40, reflecting updated views on discount rates, margins and long term P/E assumptions following recent Street research. Analyst Commentary Recent Street research around the revised €2.40 price target points to a more balanced stance.Narrative Update • Mar 08
ETL: Rights Issue And Refining Of Discount Rate Will Drive Future Upside
Analysts have trimmed their price target on Eutelsat Communications by €0.23, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Even with the modest €0.23 trim to the price target, bullish analysts are still framing Eutelsat Communications as a story driven by refined assumptions rather than a major shift in their investment thesis.Narrative Update • Feb 22
ETL: Rights Issue And Satellite Partnerships Will Drive Future Upside Potential
Analysts have trimmed their price target on Eutelsat Communications by €0.23, linking the change to updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary While the latest adjustment trims the headline price target by €0.23, the underlying message from bullish analysts remains focused on how updated assumptions could still support the current valuation framework for Eutelsat Communications.Recent updates
Narrative Update • May 04
ETL: Future P/E Reset Will Hinge On Refined Discount Rate Assumptions
Analysts have inched their Eutelsat Communications price targets higher overall, with moves such as Deutsche Bank's €0.10 uplift, partly offset by a cut to €2.40 elsewhere, reflecting updated views on discount rates, growth assumptions and valuation multiples. Analyst Commentary Recent research points to a mixed but generally constructive tone around Eutelsat Communications, with some price targets adjusted higher and others trimmed as models are refreshed.Narrative Update • Apr 20
ETL: Recent Price Cut And Rich P/E Will Pressure Future Returns
Analysts have lowered their price target on Eutelsat Communications to about €2.39 from €2.69. This is broadly in line with recent Street research that moved targets toward €2.40, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels.Narrative Update • Apr 05
ETL: Reset Price View Will Rely On Revised P/E Assumptions
Analysts have trimmed their price target on Eutelsat Communications by €0.10 to €2.40, citing recent Street research that reflects updated assumptions on discount rates, revenue growth, profit margins and a lower future P/E multiple. Analyst Commentary Recent research points to a modest reset in expectations for Eutelsat Communications, with the latest move being a €0.10 adjustment to a €2.40 price target.Narrative Update • Mar 22
ETL: Refined Discount Rate And P/E Assumptions Will Support Future Upside
Analysts have trimmed their price target on Eutelsat Communications by €0.10 to €2.40, reflecting updated views on discount rates, margins and long term P/E assumptions following recent Street research. Analyst Commentary Recent Street research around the revised €2.40 price target points to a more balanced stance.Narrative Update • Mar 08
ETL: Rights Issue And Refining Of Discount Rate Will Drive Future Upside
Analysts have trimmed their price target on Eutelsat Communications by €0.23, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Even with the modest €0.23 trim to the price target, bullish analysts are still framing Eutelsat Communications as a story driven by refined assumptions rather than a major shift in their investment thesis.Narrative Update • Feb 22
ETL: Rights Issue And Satellite Partnerships Will Drive Future Upside Potential
Analysts have trimmed their price target on Eutelsat Communications by €0.23, linking the change to updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary While the latest adjustment trims the headline price target by €0.23, the underlying message from bullish analysts remains focused on how updated assumptions could still support the current valuation framework for Eutelsat Communications.
Narrative Update • Feb 08
ETL: Future P E Compression Will Likely Cap Upside Potential
Narrative Update: Eutelsat Communications Analysts have adjusted their fair value estimate for Eutelsat Communications from €1.20 to €1.40, citing updated assumptions on revenue growth, profit margins and future P/E. These revisions also informed a recent €0.23 reduction in the published price target.Narrative Update • Jan 25
ETL: Rights Issue And Satellite Demand Will Drive Future Upside Potential
Analysts have trimmed their price target for Eutelsat Communications by €0.23, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary While the headline move is a €0.23 trim to the price target, recent commentary continues to highlight areas that more optimistic voices in the market are watching closely.Narrative Update • Jan 10
ETL: New Equity Funding And Partnerships Will Support Revenue Expansion Through 2029
Analysts have reduced their price target for Eutelsat Communications from €2.97 to €2.69, citing updated assumptions around discount rates, long term revenue growth, profit margins and future P/E expectations. What's in the News Eutelsat Communications completed a follow on equity rights offering of €669.775133 million, issuing 496,129,728 new common shares at €1.35 per share (Follow on Equity Offerings).Narrative Update • Dec 27
ETL: Balance Sheet Strengthening Will Drive Future Upside Potential
Analysts have modestly raised their price target on Eutelsat Communications to €5.22 per share, reflecting slightly higher expected revenue growth and a marginally richer future earnings multiple, despite a small uptick in the assumed discount rate. What's in the News Completed a rights issue follow-on equity offering of approximately €670 million through the sale of about 496 million new common shares at €1.35, strengthening the balance sheet and funding growth plans (Key Developments) Closed a private placement of 207 million shares at €4 per share for gross proceeds of €828 million, adding further equity financing capacity (Key Developments) Confirmed financial guidance for fiscal 2025 to 2026 and 2028 to 2029, including targeted revenues of €1.5 billion to €1.7 billion by 2028 to 2029 and 50% year-on-year LEO revenue growth (Key Developments) Announced the appointment of Sébastien Rouge as Chief Financial Officer effective February 1, 2026, succeeding Christophe Caudrelier and signaling a renewed focus on financial resilience and strategic growth (Key Developments) Expanded and renewed strategic client partnerships, including a multi-year Greenland connectivity deal via OneWeb LEO, a renewed Latin American cinema distribution agreement with Cinecolor, and new technology collaborations with Clear Blue Technologies and 4iG for off-grid connectivity and the HUSAT satellite program (Key Developments) Valuation Changes Fair Value Estimate, unchanged at €5.22 per share, indicating no net impact from the updated assumptions on the intrinsic valuation.Narrative Update • Dec 13
ETL: Medium Term Revenue Ambitions And Balance Sheet Moves Will Drive Upside
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 to earnings multiple. What's in the News Completed a €669.8 million follow on equity rights offering, issuing 496.1 million new common shares at €1.35 each to strengthen the balance sheet and fund growth initiatives (Key Developments).Analysis Article • Dec 04
Some Eutelsat Communications S.A. (EPA:ETL) Shareholders Look For Exit As Shares Take 42% Pounding
Eutelsat Communications S.A. ( EPA:ETL ) shareholders won't be pleased to see that the share price has had a very rough...Narrative Update • Nov 28
ETL: Multiple New Partnerships Will Drive Revenue Expansion Through 2029
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.Analysis Article • Oct 04
Investors Appear Satisfied With Eutelsat Communications S.A.'s (EPA:ETL) Prospects As Shares Rocket 30%
Eutelsat Communications S.A. ( EPA:ETL ) shares have had a really impressive month, gaining 30% after a shaky period...Narrative Update • Aug 27
LEO Expansion And European Contracts Will Transform Connectivity
The slight rise in Eutelsat Communications’ Future P/E and discount rate suggests marginally increased growth expectations and perceived risk, resulting in a higher analyst price target from €3.24 to €3.39. What's in the News Eutelsat announced two major private placements, raising €716 million with participation from Agence des Participations de l’Etat, Bharti Space Limited, CMA CGM, and Le Fonds Stratégique de Participations, plus an additional €163.3 million with British Government involvement; both are pending approvals and expected to close by year-end 2025.Narrative Update • Aug 07
LEO Expansion And European Contracts Will Transform Connectivity
Despite a significant reduction in forecasted revenue growth, Eutelsat Communications’ consensus analyst price target has increased to €3.17, reflecting a higher future P/E multiple. What's in the News Eutelsat expects 50% year-on-year growth in LEO revenues for 2025-26, offsetting but not fully outweighing continuing GEO revenue decline due to additional Russian sanctions; revenue and EBITDA margin guidance is stable to slightly lower versus prior year.Analysis Article • Apr 26
Eutelsat Communications S.A.'s (EPA:ETL) 32% Cheaper Price Remains In Tune With Revenues
The Eutelsat Communications S.A. ( EPA:ETL ) share price has softened a substantial 32% over the previous 30 days...Analysis Article • Apr 09
Is Eutelsat Communications (EPA:ETL) Weighed On By Its Debt Load?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Mar 25
SpaceRISE And IRIS² Will Expand LEO Satellite Infrastructure
Strategic investments in LEO satellites and partnerships are set to boost long-term revenue growth and competitive positioning.Analysis Article • Mar 05
Why Investors Shouldn't Be Surprised By Eutelsat Group's (EPA:ETL) 106% Share Price Surge
Eutelsat Group ( EPA:ETL ) shares have had a really impressive month, gaining 106% after a shaky period beforehand. The...Analysis Article • Feb 18
Eutelsat Group (EPA:ETL) Just Reported Earnings, And Analysts Cut Their Target Price
There's been a major selloff in Eutelsat Group ( EPA:ETL ) shares in the week since it released its half-yearly report...Analysis Article • Jan 04
Eutelsat Group (EPA:ETL) Might Not Be As Mispriced As It Looks After Plunging 26%
To the annoyance of some shareholders, Eutelsat Group ( EPA:ETL ) shares are down a considerable 26% in the last month...Analysis Article • Dec 10
Here's Why Eutelsat Group (EPA:ETL) Is Weighed Down By Its Debt Load
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Nov 14
We Discuss Why Eutelsat Group's (EPA:ETL) CEO Compensation May Be Closely Reviewed
Key Insights Eutelsat Group to hold its Annual General Meeting on 21st of November CEO Eva Merete Berneke's total...Analysis Article • Nov 09
With Eutelsat Group (EPA:ETL) It Looks Like You'll Get What You Pay For
When close to half the companies in the Media industry in France have price-to-sales ratios (or "P/S") below 0.6x, you...Analysis Article • Aug 14
Eutelsat Group (EPA:ETL) Just Reported And Analysts Have Been Cutting Their Estimates
Shareholders might have noticed that Eutelsat Group ( EPA:ETL ) filed its annual result this time last week. The early...Analysis Article • Jul 27
Eutelsat Group's (EPA:ETL) 26% Price Boost Is Out Of Tune With Earnings
Eutelsat Group ( EPA:ETL ) shareholders have had their patience rewarded with a 26% share price jump in the last month...Analysis Article • Apr 28
Eutelsat Group (EPA:ETL) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Mar 30
Earnings Not Telling The Story For Eutelsat Group (EPA:ETL)
When close to half the companies in France have price-to-earnings ratios (or "P/E's") below 15x, you may consider...Analysis Article • Dec 23
Eutelsat Group's (EPA:ETL) Low P/E No Reason For Excitement
Eutelsat Group's ( EPA:ETL ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong buy right now...Analysis Article • Nov 26
Eutelsat Group (EPA:ETL) Has A Pretty Healthy Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Shareholder Returns
| ETL | FR Media | FR Market | |
|---|---|---|---|
| 7D | 2.8% | 1.0% | 0.5% |
| 1Y | -30.6% | -7.0% | 0.7% |
Return vs Industry: ETL underperformed the French Media industry which returned -4.5% over the past year.
Return vs Market: ETL underperformed the French Market which returned 4.2% over the past year.
Price Volatility
| ETL volatility | |
|---|---|
| ETL Average Weekly Movement | 8.2% |
| Media Industry Average Movement | 5.1% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in FR Market | 10.6% |
| 10% least volatile stocks in FR Market | 2.9% |
Stable Share Price: ETL's share price has been volatile over the past 3 months compared to the French market.
Volatility Over Time: ETL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of French stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | 1,632 | Jean-François Fallacher | www.eutelsat.com |
Eutelsat Communications S.A., together with its subsidiaries, operates telecommunication satellites. It operates geostationary satellites with a low Earth orbit constellation satellites. The company provides capacity for video, fixed and mobile connectivity, and government services.
Eutelsat Communications S.A. Fundamentals Summary
| ETL fundamental statistics | |
|---|---|
| Market cap | €3.35b |
| Earnings (TTM) | -€445.20m |
| Revenue (TTM) | €1.23b |
2.7x
P/S Ratio-7.4x
P/E RatioIs ETL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ETL income statement (TTM) | |
|---|---|
| Revenue | €1.23b |
| Cost of Revenue | €239.00m |
| Gross Profit | €990.10m |
| Other Expenses | €1.44b |
| Earnings | -€445.20m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 07, 2026
| Earnings per share (EPS) | -0.38 |
| Gross Margin | 80.55% |
| Net Profit Margin | -36.22% |
| Debt/Equity Ratio | 67.1% |
How did ETL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/08 23:31 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eutelsat Communications S.A. is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carl Murdock-Smith | Berenberg |
| Tack Kee Yoon | Bernstein |
| Aleksander Peterc | Bernstein |