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

Published on 10/14/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Magyar Telekom stock trades at EUR 7.22 on October 14, 2026. Second-quarter revenue rose 0.80 percent to HUF 243.3 billion on August 5, 2026.

Catalyst and operating figures

HSBC raised its Magyar Telekom target from HUF 2,250 to HUF 3,140 on September 22, 2026.
Second-quarter revenue reached HUF 243.3 billion on August 5, 2026, up 0.80 percent year over year.
Magyar Telekom stock trades at EUR 7.22 at 10:29 a.m. CEST at Lang & Schwarz on October 14, 2026.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

Magyar Telekom (ISIN HU0000073507) was trading at EUR 7.22 at Lang & Schwarz on October 14, 2026, at 10:29 a.m. CEST. On September 22, 2026, HSBC raised its 12-month target from HUF 2,250 to HUF 3,140 and upgraded its recommendation from Hold to Buy, as Vilaggazdasag reported. The target increase amounts to 39.56 percent, giving the analyst revision a clear numerical dimension.

Three dated stock markers

Magyar Telekom paid a gross dividend of HUF 154 per ordinary share from May 20, 2026, according to the company's investor-relations page. On August 5, 2026, the company reported second-quarter results, including revenue of HUF 243.3 billion, up 0.80 percent year over year, while EBITDA fell 0.80 percent to HUF 108.4 billion, as Vilaggazdasag reported. On September 22, 2026, HSBC then lifted its target to HUF 3,140, putting the analyst action after the latest reported quarter.

What does the target change mean?

The HUF 890 increase in HSBC's target is significant relative to its previous HUF 2,250 level, but the operating picture is more balanced: revenue grew 0.80 percent in the second quarter while EBITDA declined by the same percentage. The reported 2026 outlook still called for low-single-digit revenue growth, mid-single-digit EBITDA AL growth and adjusted net income growth of 10 percent, with free cash flow expected at HUF 200 billion, according to Vilaggazdasag. That combination makes margin delivery and cash generation the key numerical tests for the valuation case.

EUR quote in Budapest context

The Budapest listing trades under ticker MTELEKOM.BD in HUF, while the German investor perspective is represented by the EUR 7.22 Lang & Schwarz quote. The master-data listing, including the Budapest venue, HUF quotation currency and ISIN, is identified by Global Banking and Finance. The further course of trading is shown by the continuously updated real-time quote of Magyar Telekom stock.