Eutelsat shares rebound amid volatility as CEO outlines strategy against Starlink

Eutelsat Communications' shares on the Paris market surged 8.5% after a recent rebound, following a 10% drop that was triggered by a negative underweight rating and a €0.70 target price from JPMorgan. The stock has also recorded a 6.33% bounce toward a key technical resistance at €2.69, but remains about 28% lower than its level at the start of the year, with a major resistance barrier around €3.

CEO Jean‑François Fallacher explained that Eutelsat‑OneWeb is focusing on markets where conventional telecom networks cannot reach, positioning the satellite operator against rivals such as SpaceX’s Starlink and emphasizing ongoing innovations in the sector.