Megacable reached 6.02 million users: Megacable stock sits 15.45 percent below target

Published on 10/09/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Megacable revenue rose 7.20 percent in the second quarter of 2026. Megacable stock stood at MXN 52.61 on October 8 versus MXN 52.36.

Key points in brief

Megacable reached 6.02 million broadband subscribers in the second quarter of 2026, up 8.50 percent year over year.
Second-quarter revenue rose 7.20 percent to MXN 9.33 billion, while net income increased 11.00 percent to MXN 852.0 million.
Megacable stock was last quoted at MXN 52.61 on October 8, 2026, versus a prior close of MXN 52.36 on the BMV.
A 17-analyst median target of MXN 62.22 places the stock 15.45 percent below the target.

Megacable stock, telecommunications, broadband growth, second-quarter results, BMV, Illustration mit AI erstellt.

Megacable reached 6.02 million broadband subscribers in the second quarter of 2026, while Megacable stock stood 15.45 percent below a reported median analyst target of MXN 62.22. Prensario reported on September 11, 2026 that the broadband base grew 8.50 percent from the second quarter of 2025, while Eulerpool listed a 17-analyst median target of MXN 62.22.

Revenue growth reaches 7.20 percent

Megacable generated MXN 9.33 billion of consolidated revenue in the second quarter of 2026, an increase of 7.20 percent from the same quarter of 2025, according to Prensario. Net income rose 11.00 percent to MXN 852.0 million, giving investors a clearer measure of earnings growth than subscriber additions alone.

The company added 112,000 internet accesses during the quarter. Fiber accounted for 88.00 percent of broadband subscribers, compared with 80.00 percent in the second quarter of 2025, showing that customer growth was accompanied by network migration.

What does the expansion mean for cash flow?

Megacable invested MXN 2.185 billion in capital expenditure during the second quarter, equal to 23.40 percent of quarterly revenue, according to Prensario. The spending supported a network exceeding 110,000 kilometers and reaching nearly 19.7 million Mexican homes, linking the 8.50 percent broadband growth rate to a sizeable infrastructure program.

Three dates frame the results

Eulerpool lists April 23, 2026 for first-quarter results with revenue of MXN 9.32 billion, July 30, 2026 for second-quarter results with revenue of MXN 9.46 billion in its earnings table, and October 22, 2026 as the scheduled third-quarter reporting date with a revenue estimate of MXN 9.57 billion. The calendar places the next reporting milestone after the second-quarter operating figures.

Stock stays below the analyst target

Megacable stock was last quoted at MXN 52.61 on the BMV on October 8, 2026, compared with a prior close of MXN 52.36. The 0.48 percent increase is a neutral market move beside the company's operating expansion, while the MXN 62.22 median target from 17 analysts implies that the price lies 15.45 percent below the target.