KPN stock: Barclays cuts target for KPN stock from EUR 4.75 to EUR 4.50

Published on 10/21/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KPN's third-quarter results come on October 28, 2026. KPN stock costs EUR 4.04 on October 21, 2026, down 1.22 percent on Euronext Amsterdam.

Barclays target cut

Barclays lowered its KPN target from EUR 4.75 to EUR 4.50 on October 20, 2026.
KPN's third-quarter results are scheduled for October 28, 2026.
KPN stock costs EUR 4.04 at Lang & Schwarz on October 21, 2026 at 4:45 p.m. CEST, down 1.22 percent from the October 20, 2026 Euronext Amsterdam close.
KPN trades at a price-to-earnings ratio of 17.57 with a EUR 15.2 billion market capitalization.

Isometrische 3D-Illustration eines leuchtenden Telekom-Netzwerk-Backbones — Isometrisches 3D-Diagramm des Netzwerk-Backbones illustriert die digitale Infrastruktur von Koninklijke KPN N.V. NL0000009082, Illustration mit AI erstellt.

Barclays upgraded KPN from equal-weight to overweight but lowered its price target from EUR 4.75 to EUR 4.50 on October 20, 2026, according to Ideal Investisseur. KPN was trading at EUR 4.04 at Lang & Schwarz on October 21, 2026 at 4:45 p.m. CEST, down 1.22 percent from the EUR 4.09 Euronext Amsterdam close of October 20, 2026.

Barclays changes the balance

The recommendation change gives KPN a more constructive rating while the lower target leaves the new valuation at EUR 0.46 above the Lang & Schwarz price. That equals 11.39 percent upside from EUR 4.04 to EUR 4.50, calculated in euros and based on the October 21, 2026 quote.

Stock stays below its high

KPN's 52-week range was EUR 3.75 to EUR 4.91 as of October 21, 2026. The price therefore stood EUR 0.87, or 17.72 percent, below the 52-week high and EUR 0.29 above the low. Trading volume reached 3,180,902 shares by 4:43 p.m. CEST.

Results date sets the next test

KPN's next reporting date is October 28, 2026, according to Yahoo Finance. The same source lists second-quarter 2026 revenue of USD 1.46 billion, earnings of USD 207.0 million and a 14.14 percent profit margin. The reporting figures are shown in the source's currency, while KPN's Euronext quote is in euros.

KPN's market capitalization was EUR 15.2 billion and its price-to-earnings ratio was 17.57 as of October 21, 2026. Its trailing dividend yield was 5.00 percent. The valuation gives Barclays' EUR 4.50 target a concrete comparison point, but the target cut remains the more immediate change for the stock.

Comparison with peers

KPN: down 1.22 percent, price-to-earnings ratio 17.57, market capitalization EUR 15.2 billion.

AT&T (NYSE, USD): down 5.96 percent, price-to-earnings ratio 7.33, market capitalization USD 150.9 billion.

Vodafone (LSE, GBp): down 0.59 percent, price-to-earnings ratio minus 71.47.

Target cut meets a dated quote

Barclays' new EUR 4.50 target sits above the current euro quote, while the scheduled October 28 results offer the next company-specific date for investors. KPN was trading at EUR 4.04 at Lang & Schwarz on October 21, 2026 at 4:45 p.m. CEST, down 1.22 percent from the EUR 4.09 Euronext Amsterdam close of October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of KPN stock.