HSBC raises target to MXN 75 for Megacable stock

Published on 10/22/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was MXN 9.33 billion and earnings per share beat consensus 1.31 percent. Results are due October 29 for Megacable stock.

Analyst view before quarterly results

HSBC lifted its target from MXN 67.00 to MXN 75.00 on October 13, 2026.
Second-quarter revenue reached MXN 9.33 billion on July 30, 2026.
Megacable's market capitalization was MXN 48.0 billion as of October 21, 2026.

Megacable, telecommunications, analyst target, quarterly results, Mexico, Illustration mit AI erstellt.

HSBC raised its Megacable target from MXN 67.00 to MXN 75.00 on October 13, 2026, according to Investing.com. The upgrade gives the telecommunications company a fresh analyst catalyst ahead of its next quarterly report.

Three dated signals shape the stock

On October 23, 2025, Megacable reported quarterly revenue of MXN 8.92 billion, according to Investing.com. On July 30, 2026, second-quarter revenue reached MXN 9.33 billion and earnings per share came to MXN 0.993 versus MXN 0.980 expected, a 1.31 percent positive surprise, according to Investing.com. On October 13, 2026, HSBC raised its target to MXN 75.00 from MXN 67.00, the latest dated event in the sequence.

What does the target imply?

The MXN 75.00 HSBC target sits within the wider analyst picture. Investing.com lists an average 12-month target of MXN 70.24 across 13 analyst views, with nine Buy, four Hold and one Sell rating. The average target is MXN 15.56 above HSBC's earlier MXN 54.68 reference price, equivalent to 28.46 percent.

Quarterly results arrive October 29

Investing.com lists October 29, 2026 as the next reporting date and puts the consensus revenue estimate at MXN 9.55 billion. That would be MXN 0.22 billion above the MXN 9.33 billion reported for the second quarter, or 2.36 percent higher. The comparison makes revenue growth the clearest test for the next update.

Market value remains the counterweight

Megacable's market capitalization was MXN 48.0 billion as of October 21, 2026. Its reported 52-week range was MXN 49.21 to MXN 69.32 on October 17, 2026, according to Investing.com. The upcoming result therefore has two measurable reference points: revenue against MXN 9.55 billion consensus and the market's response to the HSBC target.

Company and market context

Megacable Holdings, S.A.B. de C.V. operates cable television, internet and telephone networks in Mexico. Its principal operating segments include Cable, Internet, Telephony and Business, while the company continues to develop broadband infrastructure and connectivity services.