J.P. Morgan sets EUR 3.70 target for Telefonica stock

Published on 10/16/2026 at 15:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results fall on November 12, 2026. Telefonica stock costs EUR 3.38 on October 16, 2026, up 1.50 percent versus the Xetra close of October 15, 2026.

Analyst target and trading date

J.P. Morgan analyst Akhil Dattani set a EUR 3.70 target for Telefonica on October 12, 2026.
Telefonica publishes January-September 2026 results on November 12, 2026.
Telefonica stock costs EUR 3.38 at 3:03 p.m. CEST at Lang & Schwarz on October 16, 2026, 1.50 percent above the Xetra close of October 15, 2026.
Telefonica has a trailing price-to-earnings ratio of minus 5.79 and a market capitalization of EUR 19.0 billion.

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J.P. Morgan analyst Akhil Dattani maintained a Hold rating and set a EUR 3.70 price target for Telefonica on October 12, 2026, according to Markets Insider. At EUR 3.38, the target is 9.47 percent above the Lang & Schwarz price.

Telefonica's next scheduled reporting date is November 12, 2026, when it will publish January-September 2026 results. The date is listed in the company's investor calendar, which identifies the release as the January-September 2026 results publication.

Price position below the yearly high

Telefonica stock traded at EUR 3.38 at Lang & Schwarz on October 16, 2026, at 3:03 p.m. CEST. That was EUR 0.05, or 1.50 percent, above the Xetra close of October 15, 2026 at EUR 3.33. The bid was EUR 3.38 and the ask EUR 3.39.

The stock remains 26.99 percent below its 52-week high of EUR 4.63 and 5.30 percent above its 52-week low of EUR 3.21. The figures come from the same German-listed quote context and place the current euro price inside that one-year band.

Valuation and reporting date

Telefonica's market capitalization was EUR 19.0 billion on October 16, 2026. Its trailing price-to-earnings ratio was minus 5.79 and its dividend yield was 0.08 percent. The combination gives the scheduled November 12 results a clear numerical reference point, because investors will have a fresh period figure to compare with the current valuation.

Comparison with peers

Telefonica: plus 1.50 percent, P/E minus 5.79, market capitalization EUR 19.0 billion
Orange (Euronext Paris, EUR): plus 0.55 percent, P/E 9.62, market capitalization EUR 38.6 billion
Vodafone (LSE, GBp): plus 1.00 percent, P/E minus 72.68, market capitalization GBP 28.1 billion

Trading level and next date

The market places Telefonica below its yearly high while the next company-specific date is already fixed for November 12, 2026. The upcoming results should provide the next substantial operating reference for revenue, earnings and cash generation.

Telefonica stock was trading at EUR 3.38 at Lang & Schwarz on October 16, 2026 at 3:03 p.m. CEST, 1.50 percent above the Xetra close of October 15, 2026 at EUR 3.33. The further course of trading is shown by the continuously updated real-time quote of Telefonica stock.