Elisa stock falls after JP Morgan trims target
Published on 09/18/2026 at 23:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elisa stock (ISIN FI0009007832) traded at EUR 38.50 on September 18, 2026, while JP Morgan cut its price target to EUR 34 from EUR 35 and kept an Underweight call, according to Placera. The stock was quoted at 1.00 percent above the prior session in that same update.
Q2 2026 revenue held firm
Elisa Oyj's half-year and quarterly figures still frame the story. In Q2 2026, revenue was EUR 551 million, up from EUR 552 million in Q2 2025, while operating profit reached EUR 118 million versus EUR 122 million a year earlier, according to Affarsvarlden.
That left the operating margin at 21.4 percent in Q2 2026, compared with 22.1 percent in Q2 2025. Net profit was EUR 89.0 million in Q2 2026 and EUR 90.1 million a year earlier, showing only a narrow move in the bottom line.
Price target meets margin pressure
The analyst cut fits a stock that has already softened. Affarsvarlden showed the share down 4.42 percent on the day to EUR 36.80, and the company carried a market value of SEK 6,161 million in that snapshot.
For investors, the key tension is clear: revenue stayed stable, but the operating margin slipped 70 basis points year on year, and JP Morgan now sees less upside with a EUR 34 target.
October reporting date
Elisa's next reported milestone is the interim report on October 21, 2026, according to Affarsvarlden. In the same calendar, Elisa also lists an ordinary dividend date on October 23, 2026.
Elisa stock at a glance
- Company: Elisa Oyj
- ISIN: FI0009007832
- Ticker: ELISA
- Trading venue: Nasdaq Helsinki
- Price (as of September 18, 2026): EUR 38.50
- Market capitalization: SEK 6,161 million (as of September 18, 2026)
- Sector / Industry: Telecommunications Services / Integrated Telecommunications Services
- Index membership: OMX Helsinki 25
- Next earnings date: October 21, 2026
