Seeking Alpha
13 Nov 2026, 10:52 UTC · 1h ago
SES S.A.: Q3 Recovery And C-Band Progress Support Our Strong Buy
Impact · against what's priced in
The upward revision of the 2026 EBITDA forecast to €1.5 billion serves as the primary catalyst, as it suggests a recovery in earnings power beyond current expectations. While Q3 results and backlog levels provide a stable foundation, the shift in annual guidance is the key driver for potential price appreciation.
- SES+0.60
No priced-in read yet
- In context
The raise of the 2026 EBITDA forecast to €1.5 billion provides a concrete upward shift in valuation targets, while Q3 revenue of €870 million and a €10 billion backlog confirm the operational stability required to hit those targets.
Read from the article alone
