Caixa BI raised target for NOS stock from EUR 4.60 to EUR 6.40

Published on 10/14/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income hit EUR 77.50 million in the second quarter, up 34.10 percent. NOS stock costs EUR 5.22 on October 14, 2026.

Analyst target and reporting date

Caixa BI raised its NOS target from EUR 4.60 to EUR 6.40 on September 14, 2026.
NOS reported EUR 77.50 million net income in the second quarter of 2026, up 34.10 percent.
NOS stock trades at EUR 5.22 at 11:02 a.m. CEST at Lang & Schwarz on October 14, 2026.
NOS is scheduled to report third-quarter results on November 3, 2026.

Makroaufnahme leuchtender Glasfaserkabel-Stränge mit blauem Lichtschein im Dunkeln — Makroaufnahme leuchtender Glasfaserstränge veranschaulicht Netztechnik von NOS SGPS SA, ISIN PTZON0AM0006, Kabelnetzmarkt Portugal, Illustration mit AI erstellt.

Caixa BI had raised its target for NOS from EUR 4.60 to EUR 6.40 while maintaining a Buy recommendation on September 14, 2026, according to Ideal Investisseur. The revision puts the analyst target EUR 1.18 above the current Lang & Schwarz quote, but the target and the euro market price come from different reference points.

Second-quarter profit accelerates

NOS generated EUR 458.30 million in revenue and EUR 77.50 million in net income in the second quarter of 2026. Net income increased 34.10 percent from the second quarter of 2025 while revenue remained stable, according to XTB.

The earnings mix matters because profit growth outpaced revenue growth by a wide margin. XTB reported second-quarter EBITDA of EUR 206.00 million, up 1.50 percent, and linked the improvement to operating efficiency, mobile growth and lower costs.

What does the earnings mix show?

The second-quarter figures point to a margin-led result rather than a top-line expansion. XTB said NOS had completed next-generation fiber coverage in 100.00 percent of Portugal's municipalities, while fiber access reached 5.70 million homes and mobile contract customers increased by more than 72,000 during the quarter.

Cash generation also strengthened in the same period. XTB reported free cash flow of EUR 83.30 million, up 120.00 percent, while capital expenditure fell 8.20 percent; that combination gives the next report a clear test for whether efficiency gains can persist.

Three dates frame the stock

The recent chronology starts with the second-quarter earnings release on July 26, 2026, when earnings per share reached EUR 0.15 versus EUR 0.11 in the second quarter of 2025, according to Simply Wall St. The second date was September 14, 2026, when Caixa BI lifted its target to EUR 6.40. The current market date is October 14, 2026, when the Lang & Schwarz quote stood at EUR 5.22.

NOS is scheduled to publish third-quarter results on November 3, 2026, according to Deco Proteste. The report will show whether stable revenue can support further profit and cash-flow improvement.

Quote remains near yearly high

NOS was trading at EUR 5.22 at Lang & Schwarz on October 14, 2026, at 11:02 a.m. CEST. The market capitalization was EUR 2.7 billion, while the 52-week range stood at EUR 3.60 to EUR 5.71 as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of NOS stock.