Bernstein rates Elisa stock Sell at EUR 26.50

Published on 10/05/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue was EUR 550.80 million and net income EUR 88.90 million. Elisa stock costs EUR 36.44 on October 5, 2026 after EUR 36.77, down 0.90 percent.

Fotorealistisches Bild eines Mobilfunkmasts mit Glasfaserkabeln in winterlicher finnischer Landschaft bei Dämmerung — Elisa Oyj FI0009007832 betreibt moderne Mobilfunkmasten und Glasfasernetze in finnischer Winterlandschaft heute, Illustration mit AI erstellt.

Elisa Oyj (ISIN FI0009007884) was trading at EUR 36.44 at Lang & Schwarz on October 5, 2026 at 11:49 a.m. CEST, down 0.90 percent from the prior close of EUR 36.77. Investing.com listed Bernstein SocGen Group with a Sell rating and a EUR 26.50 12-month target on September 24, 2026, compared with a previous target of EUR 40.00. The target is a sharp counterweight to the current quote.

Analyst targets diverge

The EUR 26.50 Bernstein target sits 27.27 percent below the Lang & Schwarz price. By contrast, Investing.com showed an average 12-month target of EUR 38.94 from 19 analysts, which is 6.86 percent above the reference price.

The same analyst table listed six Buy ratings, nine Holds and four Sells. That distribution makes the EUR 38.94 average less decisive than the wide target spread, with Bernstein at EUR 26.50 and a high estimate of EUR 50.00.

Q2 results frame guidance

Elisa generated EUR 550.80 million of revenue and EUR 88.90 million of net income in the second quarter of 2026, according to Simply Wall St. Earnings per share were EUR 0.55 in the same quarter, down from EUR 0.56 a year earlier.

Cision reported on September 23, 2026 that Elisa expects full-year 2026 comparable EBITDA of EUR 815-845 million. The company also expects telecom service revenue growth of 0-2 percent and international software services organic revenue growth of more than 5-10 percent.

October results date approaches

Cision said Elisa will publish its third-quarter 2026 interim report on October 21, 2026. The release will test whether the second-quarter earnings base and the EUR 815-845 million comparable EBITDA outlook remain on track.

Elisa's market capitalization was EUR 5.9 billion on October 5, 2026. The 52-week range was EUR 33.70 to EUR 45.24, placing the Lang & Schwarz price 19.45 percent below the yearly high and 8.13 percent above the yearly low.

Stock stays below its yearly high

Elisa is listed on the Helsinki stock exchange, and its reference price remained above the 52-week low while the analyst targets pointed in sharply different directions. The next quantified test is the third-quarter report on October 21, 2026.

The further course of trading is shown by the continuously updated real-time quote of Elisa stock.