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

Published on 10/12/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 0.80 percent to HUF 243.3 billion in the second quarter of 2026. Magyar Telekom stock was at EUR 6.96 on October 12, 2026.

Key points in brief

HSBC lifted its Magyar Telekom target from HUF 2,250 to HUF 3,140 and upgraded the rating to Buy on September 22, 2026.
Second-quarter revenue rose 0.80 percent to HUF 243.3 billion, while adjusted profit fell 1.50 percent to HUF 55.0 billion.
Magyar Telekom stock was trading at EUR 6.96 at Lang & Schwarz on October 12, 2026 at 9:16 a.m. CEST.
The company paid a HUF 154 dividend for business year 2025 starting May 20, 2026.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

Magyar Telekom (HU0000073507) was trading at EUR 6.96 at Lang & Schwarz on October 12, 2026 at 9:16 a.m. CEST. The key recent event was HSBC's September 22, 2026 decision to raise its 12-month target from HUF 2,250 to HUF 3,140 and upgrade the shares from Hold to Buy, as Világgazdaság reported.

Three dated milestones

Magyar Telekom paid HUF 154 per ordinary share for business year 2025 from May 20, 2026, according to its investor-relations page. On August 5, 2026, it reported second-quarter results. On September 22, 2026, HSBC raised its target to HUF 3,140.

The second-quarter revenue increased 0.80 percent year over year to HUF 243.3 billion, while EBITDA declined 0.80 percent to HUF 108.4 billion and adjusted profit attributable to shareholders fell 1.50 percent to HUF 55.0 billion, according to Világgazdaság.

What does the target imply?

The HSBC target increase from HUF 2,250 to HUF 3,140 represents 39.56 percent, calculated against the former target. The company also reaffirmed its 2026 financial objectives, including low-single-digit revenue growth, mid-single-digit EBITDA AL growth and adjusted net profit 10.00 percent above the prior-year level, while expected free cash flow was set at HUF 200.0 billion, the report said.

The euro quote at 9:16 a.m.

For German-market investors, the live reference was EUR 6.96 at Lang & Schwarz on October 12, 2026 at 9:16 a.m. CEST. The quote provides the immediate euro-based market context while the latest operating figures show modest revenue growth alongside lower profitability.

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