Deutsche Bank keeps EUR 40.00 target for Telekom stock

Published on 10/13/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached EUR 29.93 billion versus EUR 29.92 billion expected. Telekom stock costs EUR 25.31 on October 13, 2026, up 1.32 percent versus the Xetra close.

Deutsche Bank Research retained its Buy rating and EUR 40.00 target for Telekom on October 6, 2026.
Second-quarter revenue reached EUR 29.93 billion against EUR 29.92 billion expected.
Telekom stock costs EUR 25.31 at Lang & Schwarz on October 13, 2026 at 1:31 p.m. CEST, plus 1.32 percent versus the Xetra close of October 12, 2026.
Deutsche Telekom is scheduled to publish third-quarter 2026 results on November 5, 2026.

Makrofoto eines Glasfaserbündels mit leuchtenden Cyan- und Blaulicht-Signalen auf schwarzem Hintergrund — Extreme Makroaufnahme eines leuchtenden Glasfaserbündels mit intensiven Lichtsignalen – visualisiert die Hochgeschwindigkeits-Glasfaserinfrastruktur der Deutsche Telekom AG (ISIN DE0005557508), Illustration mit AI erstellt.

Deutsche Bank Research kept its Buy rating and EUR 40.00 price target for Telekom on October 6, 2026, according to FinanzNachrichten. Telekom stock was trading at EUR 25.31 at Lang & Schwarz on October 13, 2026 at 1:31 p.m. CEST, up 1.32 percent versus the Xetra close of EUR 24.98 on October 12, 2026.

Revenue met second-quarter expectations

Second-quarter revenue reached EUR 29.93 billion against EUR 29.92 billion expected, while earnings per share came to EUR 0.58 versus EUR 0.55 expected, according to TickerLandia. The narrow revenue gap contrasts with the wider earnings-per-share difference, making profitability the more informative point for the next results release.

Stock remains below its yearly high

The Lang & Schwarz price of EUR 25.31 was EUR 9.05 below the 52-week high of EUR 34.36, a gap of 26.34 percent, and EUR 1.78 above the 52-week low of EUR 23.53, based on the October 7, 2026 market snapshot. The stock was down 3.40 percent year to date in that snapshot, while the DAX was up 3.91 percent.

Valuation and November results date

Deutsche Telekom had a market capitalization of EUR 126.3 billion and a P/E ratio of 14.80 on October 7, 2026. Its dividend yield was 3.74 percent. The company lists November 5, 2026 as the date for publishing third-quarter 2026 results on its Investor Relations page.

Comparison with peers

Telekom: plus 1.32 percent, P/E 14.80, market capitalization EUR 126.3 billion

Vodafone (LSE, GBp): plus 1.46 percent, P/E minus 70.78, market capitalization GBP 27.3 billion

Orange (Euronext Paris, EUR): plus 1.13 percent, P/E 9.20, market capitalization EUR 36.9 billion

Price stays above the Xetra close

At EUR 25.31, the Lang & Schwarz quote stood EUR 0.33 above the Xetra close of October 12, 2026. The move keeps Telekom above its latest German exchange reference while the stock remains materially below its 52-week high.

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