HSBC raises target for Magyar Telekom stock from HUF 2,250 to 3,140

Published on 10/15/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 0.80 percent to HUF 243.3 billion. Magyar Telekom stock costs EUR 7.32 on October 15, 2026 beside HUF 2,660.

Analyst target and company results

HSBC raised its target from HUF 2,250 to HUF 3,140 on September 22, 2026.
Second-quarter revenue increased 0.80 percent to HUF 243.3 billion in 2026.
Magyar Telekom stock trades at EUR 7.32 at 11:45 a.m. CEST at Lang & Schwarz on October 15, 2026.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

Magyar Telekom (ISIN HU0000073507) stock was trading at EUR 7.32 at Lang & Schwarz on October 15, 2026 at 11:45 a.m. CEST. On September 22, 2026, HSBC raised its 12-month target from HUF 2,250 to HUF 3,140 and upgraded the shares from Hold to Buy, as Vilaggazdasag reported.

The target reset

The HSBC action gives investors a concrete valuation reference after Magyar Telekom's strong 2026 share-price performance. The new target stands above the HUF 2,660 Budapest price shown for October 15, 2026, while the market page lists an average 12-month target of HUF 2,618.30 from eight analysts.

What does the target imply?

The operating picture is more measured than the target change. According to Magyar Telekom, second-quarter 2026 revenue rose 0.80 percent year over year to HUF 243.3 billion, while adjusted net income fell 1.50 percent to HUF 55.0 billion. EBITDA declined 0.80 percent to HUF 108.4 billion, showing why valuation depends on earnings conversion as well as sales growth.

Three dated signals

The chronology is clear: Magyar Telekom paid a HUF 154 dividend per share for fiscal year 2025 on May 20, 2026; it reported second-quarter 2026 revenue of HUF 243.3 billion on August 5, 2026; and HSBC lifted its target from HUF 2,250 to HUF 3,140 on September 22, 2026. The dividend and results dates come from Magyar Telekom, while the target action was reported by Vilaggazdasag.

Next reporting date

The next substantiated reporting date is November 4, 2026, according to Investing.com. That date gives the market its next scheduled test of revenue, earnings and the company's full-year financial goals.

Stock valuation and trading

For investors, the contrast is between a higher HSBC target and the softer adjusted profit trend in the second quarter. Magyar Telekom's Budapest market capitalization was HUF 2.31 trillion on October 15, 2026, and its 52-week range was HUF 1,696.00 to HUF 2,790.00.

Magyar Telekom was trading at EUR 7.32 at Lang & Schwarz on October 15, 2026 at 11:45 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Magyar Telekom stock.