OVH Groupe Past Earnings Performance
Past criteria checks 0/6
OVH Groupe has been growing earnings at an average annual rate of 46.4%, while the IT industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 11.3% per year.
Key information
46.38%
Earnings growth rate
48.86%
EPS growth rate
| IT Industry Growth | 13.19% |
| Revenue growth rate | 11.35% |
| Return on equity | -3.40% |
| Net Margin | -0.081% |
| Last Earnings Update | 28 Feb 2026 |
Recent past performance updates
Recent updates
Narrative Update • May 23
OVH: Weaker IT Spending And Geopolitics Will Pressure Shares Further
Analysts have trimmed their price target on OVH Groupe to €8.50 from €9.05, reflecting caution around challenging IT spending and geopolitical conditions. Analyst Commentary Bearish analysts have cut their stance on OVH Groupe, shifting to a more cautious view and lowering the price target to €8.50 from €9.05.Narrative Update • May 09
OVH: Weaker IT Spending Will Pressure Shares Despite Sovereign Cloud Initiatives
Analysts have lowered their price target for OVH Groupe from €9.05 to €8.50, citing challenging IT spending trends and geopolitical headwinds as key reasons for the reset in expectations. Analyst Commentary Recent research updates reflect a more cautious stance on OVH Groupe, with the stock now viewed as carrying higher execution and growth risks than previously assumed.Narrative Update • Apr 21
OVH: Weaker IT Spending And Geopolitical Risks Will Pressure Shares
Analysts have trimmed their price target on OVH Groupe to €8.50 from €9.05, reflecting updated fair value and margin assumptions, as well as concerns around softer IT spending and geopolitical risks. Analyst Commentary Bearish analysts have taken a more cautious stance on OVH Groupe, with the latest price target of €8.50 framed against softer IT spending trends and geopolitical uncertainty.Analysis Article • Apr 12
Analysts Have Made A Financial Statement On OVH Groupe S.A.'s (EPA:OVH) Half-Yearly Report
OVH Groupe S.A. ( EPA:OVH ) shareholders are probably feeling a little disappointed, since its shares fell 5.4% to...
Narrative Update • Apr 06
OVH: Challenging IT Spending And Geopolitics Will Pressure Earnings Outlook
Analysts have trimmed their price target for OVH Groupe from €9.05 to €8.50, reflecting a slightly lower fair value and profit margin outlook, as well as a higher assumed future P/E in light of challenging IT spending and geopolitical conditions. Analyst Commentary Recent research reflects a more cautious stance on OVH Groupe, with the lowered price target to €8.50 highlighting concerns around execution in a tougher IT spending backdrop and elevated geopolitical risk.
Narrative Update • Mar 23
OVH: New Server Rollout Will Support Long-Term Upside Despite Cautious Outlook
Analysts have trimmed their 12 month price target for OVH Groupe by €0.55 to €8.50. This reflects a more cautious stance on IT spending and geopolitical risks, while core valuation inputs such as fair value, growth, margins and P/E assumptions remain broadly consistent.Narrative Update • Mar 09
OVH: New Dedicated Servers Will Drive Long-Term European Cloud Upside
Analysts have maintained their €12.00 price target for OVH Groupe, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that they see as better aligned with the stock’s current risk and earnings profile. What's in the News OVHcloud introduced its Bare Metal 2026 generation of dedicated servers, built around the latest AMD Ryzen and AMD EPYC processors, aimed at cost-effective performance with high resiliency across a range of workloads, including machine learning, blockchain, large scale virtualization and online game hosting (Key Developments).Narrative Update • Feb 22
OVH: AI Infrastructure And Sovereign Cloud Agreements Will Support Measured Long Term Upside
Analysts have adjusted their price target for OVH Groupe to €8.64. The latest update reflects revised assumptions for discount rate, revenue growth, profit margin and future P/E, and they highlight these valuation inputs as the main drivers of their updated view.Narrative Update • Feb 08
OVH: AI And Sovereign Cloud Expansion Will Support Measured Long Term Upside
Analysts have trimmed their price target on OVH Groupe slightly to reflect a fair value of €8.64, supported by a lower assumed discount rate and a reduced future P/E multiple in their valuation work. What's in the News OVHcloud signed a cloud hosting agreement with clearing house LCH SA, providing SecNumCloud qualified hosting aimed at supporting regulatory compliance, operational resilience, security, scalability, and faster deployment across LCH SA services (Key Developments).Narrative Update • Jan 25
OVH: European Cloud Expansion And SecNumCloud Deals Will Drive Long-Term Upside
Analysts have kept their fair value estimate for OVH Groupe steady at €12.00. They cited updated assumptions of a lower discount rate, slightly higher revenue growth and profit margin projections, and a lower future P/E multiple as the key drivers behind the unchanged target.Analysis Article • Jan 20
Why Investors Shouldn't Be Surprised By OVH Groupe S.A.'s (EPA:OVH) 37% Share Price Surge
OVH Groupe S.A. ( EPA:OVH ) shareholders would be excited to see that the share price has had a great month, posting a...Narrative Update • Jan 11
OVH: New Leadership And AI Cloud Expansion Will Support Future Upside
Analysts have trimmed their fair value estimate for OVH Groupe from €9.06 to €8.81, citing slightly softer assumptions on revenue growth, profit margins and future P/E, alongside the application of a marginally lower discount rate. What's in the News OVHcloud signed a cloud hosting agreement with LCH SA, aiming to support LCH SA's operational resilience, security, scalability, and faster deployment, including migration of some services to a SecNumCloud qualified environment that complies with applicable regulations for the clearing house's activities (Key Developments).Narrative Update • Dec 27
OVH: Leadership Shift And Cloud Agreement Will Drive Resilient Upside
Analysts have slightly reduced their price target for OVH Groupe from €9.11 to €9.06, citing modestly lower long term revenue growth and profit margin expectations that are only partially offset by a higher anticipated future P/E multiple. What's in the News Signed a major cloud hosting agreement with LCH SA, migrating selected services to a SecNumCloud qualified environment to boost resilience, security, and scalability for the clearing house's global operations (Client Announcements).Analysis Article • Dec 15
Here's Why OVH Groupe (EPA:OVH) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Dec 13
OVH: New Leadership And Cloud Wins Will Drive Long-Term Upside
Narrative Update on OVH Groupe Analysts have reduced their price target on OVH Groupe from €15.90 to €12.00, citing slower expected revenue growth, softer profit margin assumptions, and a higher discount rate that more than offset a modest increase in projected future valuation multiples. What's in the News OVHcloud signed a cloud hosting agreement with clearing house LCH SA, migrating selected services to a SecNumCloud qualified environment to enhance resilience, security, and scalability while meeting strict regulatory requirements (client announcement).Narrative Update • Nov 29
OVH: Leadership Changes And Cloud Expansion Will Shape Resilient Outlook
Analysts have revised their price target for OVH Groupe to €9.11. They are maintaining their prior fair value estimate as updates to the discount rate and modest adjustments in profitability expectations support this stance.Analysis Article • Nov 16
OVH Groupe S.A. (EPA:OVH) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Last week, you might have seen that OVH Groupe S.A. ( EPA:OVH ) released its yearly result to the market. The early...Narrative Update • Nov 15
OVH: Leadership Changes And New Partnerships Will Drive Long-Term Opportunity
Analysts have lowered their price target for OVH Groupe from €10.85 to €9.11. They cite reduced revenue growth expectations and slimmer profit margins as the reasons for the adjustment.Analysis Article • Nov 04
Investors Give OVH Groupe S.A. (EPA:OVH) Shares A 32% Hiding
OVH Groupe S.A. ( EPA:OVH ) shareholders won't be pleased to see that the share price has had a very rough month...Analysis Article • Sep 19
OVH Groupe S.A.'s (EPA:OVH) P/S Is Still On The Mark Following 27% Share Price Bounce
Those holding OVH Groupe S.A. ( EPA:OVH ) shares would be relieved that the share price has rebounded 27% in the last...Narrative Update • Sep 12
Heightened Geopolitical Tensions Will Drive Data Sovereignty Amid Cloud Risks
The sharp rise in OVH Groupe’s Future P/E alongside a notable decline in Net Profit Margin signals deteriorating earnings expectations, prompting analysts to lower the fair value target from €11.62 to €10.85. What's in the News OVHcloud announced a strategic partnership with Crayon, enabling mutual access to cloud and IT solutions across more than 45 regions, enhancing offerings with a focus on sustainability and sovereignty.Analysis Article • Jul 02
What You Can Learn From OVH Groupe S.A.'s (EPA:OVH) P/S After Its 26% Share Price Crash
The OVH Groupe S.A. ( EPA:OVH ) share price has softened a substantial 26% over the previous 30 days, handing back much...New Narrative • May 16
Heightened Geopolitical Tensions Will Drive Data Sovereignty Amid Cloud Risks
OVHcloud's focus on data sovereignty and strategic autonomy could capture growth due to increased demand for secure data solutions amid geopolitical tensions.Analysis Article • Apr 05
Revenues Tell The Story For OVH Groupe S.A. (EPA:OVH) As Its Stock Soars 45%
OVH Groupe S.A. ( EPA:OVH ) shareholders would be excited to see that the share price has had a great month, posting a...Analysis Article • Nov 15
After Leaping 26% OVH Groupe S.A. (EPA:OVH) Shares Are Not Flying Under The Radar
Despite an already strong run, OVH Groupe S.A. ( EPA:OVH ) shares have been powering on, with a gain of 26% in the last...Analysis Article • Jun 01
OVH Groupe S.A. (EPA:OVH) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Unfortunately for some shareholders, the OVH Groupe S.A. ( EPA:OVH ) share price has dived 32% in the last thirty days...Analysis Article • Apr 03
Why Investors Shouldn't Be Surprised By OVH Groupe S.A.'s (EPA:OVH) P/S
When close to half the companies in the IT industry in France have price-to-sales ratios (or "P/S") below 0.8x, you may...Analysis Article • Nov 30
OVH Groupe S.A.'s (EPA:OVH) 38% Jump Shows Its Popularity With Investors
Those holding OVH Groupe S.A. ( EPA:OVH ) shares would be relieved that the share price has rebounded 38% in the last...Analysis Article • Oct 31
We Like These Underlying Return On Capital Trends At OVH Groupe (EPA:OVH)
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Analysis Article • Jul 16
OVH Groupe's (EPA:OVH) Returns On Capital Are Heading Higher
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How OVH Groupe makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Feb 26 | 1,104 | -1 | 370 | 0 |
| 30 Nov 25 | 1,099 | 0 | 376 | 0 |
| 31 Aug 25 | 1,085 | 0 | 369 | 0 |
| 31 May 25 | 1,064 | 7 | 375 | 0 |
| 28 Feb 25 | 1,043 | 14 | 371 | 0 |
| 30 Nov 24 | 1,017 | -5 | 356 | 0 |
| 31 Aug 24 | 993 | -10 | 353 | 0 |
| 31 May 24 | 969 | -21 | 347 | 0 |
| 29 Feb 24 | 944 | -31 | 341 | 0 |
| 30 Nov 23 | 917 | -29 | 335 | 0 |
| 31 Aug 23 | 897 | -40 | 330 | 0 |
| 31 May 23 | 871 | -35 | 313 | 0 |
| 28 Feb 23 | 845 | -29 | 296 | 0 |
| 30 Nov 22 | 817 | -29 | 286 | 0 |
| 31 Aug 22 | 788 | -29 | 277 | 0 |
| 31 May 22 | 753 | -15 | 260 | 0 |
| 28 Feb 22 | 711 | -52 | 252 | 0 |
| 30 Nov 21 | 687 | -42 | 241 | 0 |
| 31 Aug 21 | 663 | -32 | 231 | 0 |
| 31 May 21 | 655 | -51 | 228 | 0 |
| 31 Aug 20 | 632 | -11 | 208 | 0 |
| 31 Aug 19 | 580 | -41 | 218 | 0 |
| 31 Aug 18 | 512 | -28 | 176 | 0 |
Quality Earnings: OVH is currently unprofitable.
Growing Profit Margin: OVH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OVH is unprofitable, but has reduced losses over the past 5 years at a rate of 46.4% per year.
Accelerating Growth: Unable to compare OVH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OVH is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-4.1%).
Return on Equity
High ROE: OVH has a negative Return on Equity (-3.4%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 15:36 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/08/31 |
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 |
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| 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
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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
OVH Groupe S.A. is covered by 12 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 |
|---|---|
| Derric Marcon | Bernstein |
| Ines Mao | BNP Paribas |
| Stefan Julien Slowinski | BNP Paribas |