Cellnex stock highlights 18.10 percent per share growth
Published on 09/30/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cellnex stock is tied to EUR 1,994 million of reported first-half 2026 revenue and 18.10 percent growth in recurring leveraged free cash flow per share. Cellnex published the figures on July 30, 2026, giving investors a cash-generation angle alongside the company's tower portfolio.
Cash flow changes the picture
Free cash flow reached EUR 301 million in H1 2026, compared with EUR 19 million in H1 2025, while adjusted EBITDA rose 6.40 percent and EBITDA after leases increased 7.70 percent. The comparison is material because it shows cash conversion improving faster than the underlying revenue base.
The Towers business generated EUR 1,625 million of first-half revenue and organic growth of 5.20 percent. Cellnex also reported 4.90 percent growth in Points of Presence, a commercial indicator linked to network densification and additional colocations.
Analysts lift operating forecasts
Bolsamania reported on September 3, 2026, that RBC kept its EUR 33.00 price target while raising its 2026 revenue forecast to EUR 4,161 million and its 2027 forecast to EUR 4,339 million, from EUR 4,141 million and EUR 4,335 million previously. RBC also lifted its adjusted EBITDA forecast for 2026 to EUR 3,480 million from EUR 3,463 million.
The next hard checkpoint is the third-quarter report. Capital.com states that Cellnex scheduled the release for November 5, 2026. That report can test whether the first-half pattern of revenue growth, lease-adjusted EBITDA expansion and stronger cash generation is continuing.
Buyback remains a capital signal
Cellnex's capital-return plan is another measurable part of the story. Its H1 release announced an additional EUR 200 million buyback for 2026, taking planned shareholder remuneration for the year to EUR 1.0 billion, while a CNMV filing dated September 28, 2026, listed a further execution notice for the program.
At Lang & Schwarz, Cellnex was trading at EUR 22.89 on September 30, 2026, at 11:07 a.m. CEST, plus 0.88 percent versus the prior close of EUR 22.69. The quote places the stock EUR 9.82 below its 52-week high of EUR 32.71 and EUR 0.57 above its 52-week low of EUR 22.32.
Cellnex stock at a glance
- Company: Cellnex Telecom, S.A.
- ISIN: ES0105066007
- Ticker: CLNX
- Primary exchange: Madrid
- Price Lang & Schwarz (as of September 30, 2026, 11:07 a.m. CEST): EUR 22.89
- Change versus prior close: plus 0.88 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 22.69
- Market capitalization: EUR 15.1 billion (as of September 30, 2026)
- 52-week range: EUR 22.32-EUR 32.71 (as of September 30, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Index membership: IBEX 35
- Next earnings date: November 5, 2026
