Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Canal+ ( (GB:CAN) ) has issued an announcement.
Canal+ reported first-quarter 2026 revenue of €2.17 billion, broadly flat on a like-for-like basis including MultiChoice, but up 41% versus the prior year excluding that acquisition, underscoring the scale impact of its African expansion. Revenue excluding MultiChoice grew 1.8%, driven by pay-TV growth in French-speaking Africa and a 9% increase in content production and distribution, while Europe declined modestly due to channel closures, lost distribution deals, and prior divestments.
The group is in the operational phase of its strategy, rolling out a turnaround plan at MultiChoice with higher equipment subsidies, a halt to annual price hikes in South Africa, and expanded sales teams to stabilize performance and capture African growth. Canal+ is tightening costs and lifting margins in Europe, leveraging strong box office and library sales at STUDIOCANAL and rising Dailymotion advertising, while reiterating 2026 guidance and preparing a secondary Johannesburg listing that should deepen its African capital markets presence and cement its positioning across Europe and Africa.
The most recent analyst rating on (GB:CAN) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.
Spark’s Take on CAN Stock
According to Spark, TipRanks’ AI Analyst, CAN is a Neutral.
The score is held back primarily by weak technicals (price below all key moving averages with negative MACD) and loss-making profitability (negative P/E and net losses). Offsetting these, cash flow improved materially in 2025 and leverage is better than earlier years, but higher 2025 debt and margin pressure keep the risk profile elevated.
To see Spark’s full report on CAN stock, click here.
More about Canal+
Canal+ SA is a global media and entertainment group focused on pay television, streaming and content production, with strong positions in Europe and fast-growing African markets. Its operations span pay-TV platforms, OTT services, and STUDIOCANAL’s film and TV production and distribution, complemented by digital video platform Dailymotion and stakes in regional broadcasters.
Average Trading Volume: 1,427,980
Technical Sentiment Signal: Sell
Current Market Cap: £2.27B
See more insights into CAN stock on TipRanks’ Stock Analysis page.