Elisa stock edges lower as Citi keeps a Hold rating
Published on 08/20/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elisa Oyj (FI0009007832) traded at €35.70 on August 20, 2026, while Citi kept a Hold rating and a €38.00 target. The broader analyst average target stands at €40.23, or 12.69% above the last close.
Analyst setup
The latest note from Citi on August 20, 2026 sits inside a wider consensus that is still Hold, based on 19 analysts. MarketScreener also shows a 1-year range of €33.70 to €47.30, with the stock 5.27% lower year to date at the last close.
That gap matters for valuation. Elisa is trading 5.0% below Citi's target and 15.3% below the analyst average target, while the spread to the 1-year high is 24.2%.
What the numbers say
For context, the company had a last close of €35.70 and an average target of €40.23, while the low target in the consensus table is €33.40 and the high is €50.00. The same consensus page lists 19 analysts and an average volume of 412.7K shares.
In the first half of 2026, Elisa reported revenue of €962 million and operating income of €244 million, according to the latest interim reporting period visible in the market data snapshot. Those figures frame a business that is still producing solid cash-earning capacity even as the shares trade below the top end of the analyst range.
Elisa services
Elisa sells telecom services across Finland and Estonia, with mobile subscriptions, fixed broadband and corporate connectivity as core products. The mix matters because recurring service revenue tends to make earnings more resilient than one-off hardware sales.
Stock level
Elisa shares last closed at €35.70 on August 19, 2026, with the latest trade snapshot showing €35.64 on August 20, 2026. The stock therefore sits between the one-year low of €33.70 and the one-year high of €47.30.
Fact box
Company: Elisa Oyj
ISIN: FI0009007832
Ticker: ELISA.HE
Exchange: Helsinki
Price (as of August 20, 2026): EUR 35.64
Market cap: EUR 5.733 billion
Sector / Industry: Telecom Services / Integrated Telecommunications Services
Index membership: OMX Helsinki 25
Next earnings date: September 18, 2026
More on Elisa
Investor relations and company updates usually center on subscriptions, network quality and enterprise connectivity, which are the main drivers behind Elisa's recurring revenue base.
More on Elisa stock
Elisa stock last traded at €35.64, with the most recent snapshot dated August 20, 2026. The analyst average target is €40.23 and the 1-year range runs from €33.70 to €47.30.
