{"id":48252,"date":"2026-03-25T11:35:31","date_gmt":"2026-03-25T11:35:31","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/25\/bt-share-price-cup-handle-pattern-forms-will-it-jump-to-250\/"},"modified":"2026-03-25T11:35:31","modified_gmt":"2026-03-25T11:35:31","slug":"bt-share-price-cup-handle-pattern-forms-will-it-jump-to-250","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/25\/bt-share-price-cup-handle-pattern-forms-will-it-jump-to-250\/","title":{"rendered":"BT share price cup & handle pattern forms: will it jump to 250?"},"content":{"rendered":"
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BT Group share price rose by over 3% after the company reached a new \u00a3200 million deal with Northern Ireland Electricity Networks (NIE). It jumped to 206p, up slightly from this week’s low of 198p. It has formed the bullish cup-and-handle pattern, pointing to a rebound this year.<\/p>\n

BT Group reaches major deal with NIE<\/h2>\n

BT share price rose on Tuesday after announcing a surprise deal with NIE, a top utility company in Northern Ireland. <\/p>\n

The deal, worth $200 million, will see it provide a suite of products, including network infrastructure and cybersecurity solutions. Also, it will be responsible for ensuring services and support across the business. The company\u2019s CEO said:<\/p>\n

\u201cWith our experience in supporting critical services and our long-standing presence in Northern Ireland, we are in a unique position to provide the secure, trusted connectivity and specialist expertise that will help strengthen the network for years to come.\u201d<\/p>\n

BT Group\u2019s business is continuing its turnaround efforts<\/h2>\n

The BT share price has jumped by over 20% from its lowest level in November last year, helped by the ongoing turnaround efforts. It is also facing some major challenges, including the loss of broadband subscribers.<\/p>\n

The most recent results<\/a> showed that the company’s revenue dropped to \u00a34.97 billion in the third quarter from \u00a35.13 billion in the same period a year earlier.<\/p>\n

This slowdown was mostly because of its international business, whose revenue dropped by 14% to \u00a3522 million. The company has been reducing its presence abroad in a bid to focus on its local business. For example, it sold its US business last year to 22nd Century Technologies.<\/p>\n

BT Group\u2019s business segment also continued slowing, with its revenue dropping by 6% to \u00a31.92 billion. This segment has been under pressure for years because of the rising competition and the struggling legacy voice business.<\/p>\n

BT Group’s consumer segment made \u00a32.468 billion, down by 1% from the same period a year earlier. Its profitability also retreated, with the consumer, business, and international EBITDA falling by 1%, 11%, and 7%, respectively.<\/p>\n

The company shed over 210k broadband customers, and now expects to lose 850k in the full year, lower than the previous guidance. This slowdown was offset by a surge in its Openreach business, whose customers jumped to 21 million.<\/p>\n

The most recent consensus document shows that its annual revenue will be \u00a319.6 billion, down by 3.4% YoY. Its annual EBITDA is expected to come in at \u00a38\u20192 billion, flat from the previous year.<\/p>\n

BT Group share price technical analysis<\/h2>\n
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BT stock price chart | Source: <\/em>TradingView<\/em><\/a> <\/p>\n

The daily chart shows that the BT Group stock price has rebounded in the past few months, moving from a low of 171p in November last year to the current 206p.<\/p>\n

A closer look shows that it has formed a cup-and-handle pattern, which is a common bullish continuation sign in technical analysis. It has already completed the cup section and is now in the handle section.<\/p>\n

The stock remains above the 100-day Exponential Moving Average (EMA). It has also formed a harami candle, which often leads to a recovery. Harami is a two-candle pattern that forms when a big bearish candle is followed by a smaller bullish one.<\/p>\n

If this happens, the next key target level to watch will be at 216p, the upper side of the cup. A move above that level will point to more gains, possibly to the next major target at 250p. This rebound will likely happen after its full-year earnings report in May.<\/p>\n

The post BT share price cup & handle pattern forms: will it jump to 250?<\/a> appeared first on Invezz<\/a><\/p>\n

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BT Group share price rose by over 3% after the company reached a new \u00a3200 million deal with Northern Ireland Electricity Networks (NIE). It jumped to 206p, up slightly from this week’s low of 198p. It has formed the bullish cup-and-handle pattern, pointing to a rebound this year. BT Group reaches major deal with NIE <\/p>\n","protected":false},"author":1,"featured_media":48253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48252","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48252"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48253"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}