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Berenberg initiates Eutelsat coverage at Hold

Coverage begins with a Hold rating as concerns over higher capital expenditure and outlook for OneWeb and IRIS2 weigh on the assessment.

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Priya Anand · Equities & Earnings Desk · 2 Sept 2026 · 08:21 · 1 min read
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Berenberg initiates Eutelsat coverage at Hold

Berenberg has initiated coverage of Eutelsat with a Hold rating. The brokerage cited higher capital expenditure as a key factor influencing its view.

The outlook for OneWeb and the IRIS2 satellite program also contributed to the assessment.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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