<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/BT-Group.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/BT-Group.png"/></p>
<p>BT 集团的股价在今年表现良好，目前接近自 2017 年 1 月以来的最高点。它已从疫情低点 74.8 便士飙升至当前的 220 便士。随着公司准备在 5 月 21 日发布年度报告，这一涨势在可预见的未来可能会继续。</p>
<h2>BT 集团股价上涨的原因</h2>
<p>BT 集团的股票在过去几周处于强劲的上升趋势，因为投资者预测其业务将较少受到中东持续危机的影响。此外，它主要是一家国内公司，没有对该地区的暴露。</p>
<p>BT 集团股价的下一个重要催化剂将是本月晚些时候发布的年度报告。</p>
<p>预计这些数字将显示，尽管宽带客户流失量持续，但去年业务仍然承压。</p>
<p>其最近的交易声明指出，公司预计将失去 85 万宽带客户，低于之前的预期。第三季度失去了 21 万客户。</p>
<p>这一放缓被零售 FTTP 客户基础的增长所抵消，客户数量增长了 32%，达到了 420 万。它还记录了 OpenReach 客户的强劲增长。</p>
<p>BT 集团在财政第三季度的收入超过 15 亿美元，下降了 4%，但好于分析师的预期。这一下降主要是由于服务收入的持续下降，季度内下降了 2%。</p>
<p>城市分析师预计即将发布的结果将显示公司在最后一个季度的收入和利润适度下降。共识认为其第四季度收入下降了 3%，降至 48 亿英镑。</p>
<p>预计其消费者业务将带来 23 亿英镑的收入，而挣扎中的业务部门预计将带来 13 亿英镑。公司正在缩减的国际业务预计将产生 8.34 亿英镑的收入。</p>
<p>分析师认为，BT 集团的收入在未来几年将继续承压，因为缺乏潜在的增长动力。例如，预计去年财年的年收入为 196 亿英镑，比前一年下降 3%。今年和明年将分别达到 193 亿英镑。</p>
<p>从积极的一面来看，随着公司减少成本结构，其盈利能力和自由现金流预计将改善。预计其年度 EBITDA 将从去年的 82 亿英镑上升至今年的 82.5 亿英镑和未来两年的 83.6 亿英镑。</p>
<h2>BT 集团股价技术分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/BT-shaare-price.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/BT-shaare-price.png"/></p>
<p>BT 股价图表 | 来源：TradingView</p>
<p>周线图显示，BT 股价在过去几个月处于强劲的上升趋势，目前接近近十年来的最高水平。</p>
<p>它略微突破了 216 便士的重要阻力位，这是 8 月 26 日的最高点。这个水平很重要，因为它是杯柄形态的上边缘，这是技术分析中常见的持续信号。</p>
<p>该股票一直高于所有移动平均线和超级趋势指标。它还达到了 Murrey Math Lines 工具的极度超买水平。</p>
<p>因此，最可能的情况是，股票在接下来的几天继续上涨，牛市目标是下一个心理关口 250 便士。然而，跌破 Murrey Math Lines 工具的终极支撑位 200 便士将使看涨前景失效。</p>
<p>BT 集团股价突破关键水平：5 月 21 日将是关键，首次出现在 Invezz 上。</p>

BT.A

<p>BT 集团的股价飙升至 220 便士，为 2017 年 1 月以来的最高点，因投资者预期对中东危机的暴露减少。即将于 5 月 21 日发布的年度报告预计将显示收入小幅下降 3%，降至 48 亿英镑，但由于成本削减，盈利能力有所改善。分析师预测收入将持续承压，但由于股价徘徊在关键阻力位之上，目标为 250 便士，若跌破 200 便士则将否定这一趋势</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/BT-Group.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/BT-Group.png"/></p>
<p>BT Group share price has done well this year and is now hovering near its highest point since January 2017. It has soared from the pandemic low of 74.8p to the current 220p. This rally may continue in the foreseeable future as the company prepares to release its annual report on May 21.</p>
<div class="lb-trans"><p>BT 集团的股价在今年表现良好，目前接近自 2017 年 1 月以来的最高点。它已从疫情低点 74.8 便士飙升至当前的 220 便士。随着公司准备在 5 月 21 日发布年度报告，这一涨势在可预见的未来可能会继续。</p>
</div><h2>Why the BT Group share price is rising</h2>
<div class="lb-trans"><h2>BT 集团股价上涨的原因</h2>
</div><p>BT Group stock has been in a strong uptrend in the past few weeks as investors predict that its business will be less exposed to the ongoing crisis in the Middle East. Besides, it is largely a domestic company that has no exposure to the region.</p>
<div class="lb-trans"><p>BT 集团的股票在过去几周处于强劲的上升趋势，因为投资者预测其业务将较少受到中东持续危机的影响。此外，它主要是一家国内公司，没有对该地区的暴露。</p>
</div><p>The next important catalyst for the BT Group share price will be its annual report, which will come out later this month.</p>
<div class="lb-trans"><p>BT 集团股价的下一个重要催化剂将是本月晚些时候发布的年度报告。</p>
</div><p>These numbers are expected to show that the business remained under pressure last year as the amount of broadband churn continues.</p>
<div class="lb-trans"><p>预计这些数字将显示，尽管宽带客户流失量持续，但去年业务仍然承压。</p>
</div><p>Its recent trading statement noted that the company expects to lose 850k broadband customers, fewer than what it was expecting. It lost 210k customers in the third quarter.</p>
<div class="lb-trans"><p>其最近的交易声明指出，公司预计将失去 85 万宽带客户，低于之前的预期。第三季度失去了 21 万客户。</p>
</div><p>This slowdown has been offset by the retail FTTP customer base, which has jumped by 32% to 4.2 million. It also recorded a strong surge in OpenReach customers.</p>
<div class="lb-trans"><p>这一放缓被零售 FTTP 客户基础的增长所抵消，客户数量增长了 32%，达到了 420 万。它还记录了 OpenReach 客户的强劲增长。</p>
</div><p>BT Group made over $1.5 billion in revenue in the fiscal third quarter, down by 4%, but better than what analysts were expecting. This decline was mostly because of the ongoing drop in service revenue, which fell by 2% in the quarter.</p>
<div class="lb-trans"><p>BT 集团在财政第三季度的收入超过 15 亿美元，下降了 4%，但好于分析师的预期。这一下降主要是由于服务收入的持续下降，季度内下降了 2%。</p>
</div><p>City analysts expect the upcoming results to show that the company’s revenue and profits dropped modestly in the last quarter. The consensus is that its revenue dropped by 3% in the fourth quarter to £4.8 billion.</p>
<div class="lb-trans"><p>城市分析师预计即将发布的结果将显示公司在最后一个季度的收入和利润适度下降。共识认为其第四季度收入下降了 3%，降至 48 亿英镑。</p>
</div><p>Its consumer business is expected to bring in £2.3 billion in revenue, while the struggling business segment is expected to bring in £1.3 billion. The international business, which the company is scaling down, is expected to make £834 million.</p>
<div class="lb-trans"><p>预计其消费者业务将带来 23 亿英镑的收入，而挣扎中的业务部门预计将带来 13 亿英镑。公司正在缩减的国际业务预计将产生 8.34 亿英镑的收入。</p>
</div><p>Analysts believe that BT Group’s revenue will remain under pressure in the coming years as it lacks potential growth drivers. For example, its annual revenue in the last financial year is expected to be £19.6 billion, a 3% drop from a year earlier. It will then make £19.3 billion this year and £19.3 billion next year.</p>
<div class="lb-trans"><p>分析师认为，BT 集团的收入在未来几年将继续承压，因为缺乏潜在的增长动力。例如，预计去年财年的年收入为 196 亿英镑，比前一年下降 3%。今年和明年将分别达到 193 亿英镑。</p>
</div><p>On the positive side, its profitability and free cash flows are expected to improve as the company reduces its cost structure. Its annual EBITDA is expected to move from £8.2 billion last year to £8.25 billion and £8.36 billion in the next two financial years.</p>
<div class="lb-trans"><p>从积极的一面来看，随着公司减少成本结构，其盈利能力和自由现金流预计将改善。预计其年度 EBITDA 将从去年的 82 亿英镑上升至今年的 82.5 亿英镑和未来两年的 83.6 亿英镑。</p>
</div><h2>BT Group share price technical analysis</h2>
<div class="lb-trans"><h2>BT 集团股价技术分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/BT-shaare-price.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/BT-shaare-price.png"/></p>
<p>BT share price chart | Source: TradingView</p>
<div class="lb-trans"><p>BT 股价图表 | 来源：TradingView</p>
</div><p>The weekly timeframe chart shows that the BT share price has been in a strong uptrend in the past few months and is now hovering near its highest level in nearly a decade.</p>
<div class="lb-trans"><p>周线图显示，BT 股价在过去几个月处于强劲的上升趋势，目前接近近十年来的最高水平。</p>
</div><p>It moved slightly above the important resistance level at 216p, its highest point on August 26. This was an important level as it was the upper side of the cup-and-handle pattern, a common continuation sign in technical analysis.</p>
<div class="lb-trans"><p>它略微突破了 216 便士的重要阻力位，这是 8 月 26 日的最高点。这个水平很重要，因为它是杯柄形态的上边缘，这是技术分析中常见的持续信号。</p>
</div><p>The stock has remained above all moving averages and the Supertrend indicator. It has also moved to the extreme overbought level of the Murrey Math Lines tool.</p>
<div class="lb-trans"><p>该股票一直高于所有移动平均线和超级趋势指标。它还达到了 Murrey Math Lines 工具的极度超买水平。</p>
</div><p>Therefore, the most likely scenario is where the stock continues rising in the coming days as bulls target the next psychological level at 250p. However, a drop below the Ultimate Support level of the Murrey Math Lines tool at 200p will invalidate the bullish outlook.</p>
<div class="lb-trans"><p>因此，最可能的情况是，股票在接下来的几天继续上涨，牛市目标是下一个心理关口 250 便士。然而，跌破 Murrey Math Lines 工具的终极支撑位 200 便士将使看涨前景失效。</p>
</div><p>The post BT Group share price crossed a crucial level: May 21 will be critical appeared first on Invezz</p>
<div class="lb-trans"><p>BT 集团股价突破关键水平：5 月 21 日将是关键，首次出现在 Invezz 上。</p>
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BT 集团的股价突破了一个关键水平：5 月 21 日将是关键日期