Deutsche Telekom stock: Deutsche Bank holds EUR 40.00 target for Deutsche Telekom stock

Published on 10/20/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. Deutsche Telekom stock costs EUR 25.77 on October 20, 2026, up 0.78 percent versus the Xetra close.

Analyst targets and dates

On October 19, 2026, Deutsche Bank held its EUR 40.00 target for Deutsche Telekom.
Third-quarter results are scheduled for November 5, 2026.
Deutsche Telekom stock costs EUR 25.77 at Lang & Schwarz on October 20, 2026 at 4:32 p.m. CEST, 0.78 percent above the Xetra close of October 19, 2026 and 25.00 percent below the 52-week high.
The market capitalization was EUR 123.1 billion and the price-to-earnings ratio was 14.39 on October 20, 2026.

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Deutsche Telekom (ISIN DE0005557508) drew contrasting analyst views on October 19, 2026, as 4investors reported that Deutsche Bank retained its Buy rating and EUR 40.00 target while Bernstein Research kept Market-Perform with a EUR 28.10 target. At Lang & Schwarz, the stock was trading at EUR 25.77 on October 20, 2026 at 4:32 p.m. CEST, up 0.78 percent versus the Xetra close of October 19, 2026 at EUR 25.57.

What does the EUR 40.00 target imply?

Using the Lang & Schwarz price, Deutsche Bank's target is 55.22 percent above the stock, while Bernstein's target is 9.04 percent above it. The gap between the two targets is EUR 11.90, making the analysts' differing risk assessments the clearest investor signal for the session.

EUR 23.53 to EUR 34.36 range

Deutsche Telekom's October 20, 2026 trading range was EUR 25.53 to EUR 25.85, with volume of 2,406,580 shares. The 52-week range was EUR 23.53 to EUR 34.36, placing the stock 9.52 percent above its low and 25.00 percent below its high. The market capitalization was EUR 123.1 billion, and the price-to-earnings ratio was 14.39.

November 5, 2026 results date

Deutsche Telekom's investor-relations calendar schedules third-quarter results for November 5, 2026, and fourth-quarter and full-year 2026 results for February 25, 2027, according to Deutsche Telekom. The annual meeting is listed for April 14, 2027, giving investors three dated checkpoints for the next reporting cycle.

Comparison with peers

Vodafone (LSE, GBp): down 0.54 percent, price-to-earnings ratio minus 72.25, market capitalization GBP 27.8 billion.

Telefonica (BME, EUR): up 1.57 percent, price-to-earnings ratio minus 5.89, market capitalization EUR 19.3 billion.

Stock stays below its yearly high

The current quotation sits materially below Deutsche Telekom's 52-week high, while the two analyst targets remain above the market price. The November 5 results date is the next company-specific test for revenue trends and profitability.

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