Nordea keeps Telia Company stock at Hold with SEK 47 target

Published on 10/07/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Telia posted SEK 20.70 billion revenue in the second quarter, up from the first quarter. Telia Company stock costs EUR 3.91 on October 7, 2026, plus 1.30 percent.

Aquarell der Stockholmer Skyline bei Dämmerung, Telia Company AB, SE0000667925 — Aquarell der Stockholmer Skyline mit Antennen, Telia Company AB, ISIN SE0000667925, sanfte Pastellfarben abends, Illustration mit AI erstellt.

Telia Company stock (ISIN SE0000667925) was trading at EUR 3.91 at Lang & Schwarz on October 7, 2026 at 9:14 a.m. CEST, up 1.30 percent from the prior close of EUR 3.86. According to Borskollen on October 7, 2026, Nordea reiterated a Hold rating and a SEK 47.00 price target for Telia.

Nordea sees limited upside

Nordea's current target is paired with a cautious valuation view. The bank said its free cash flow outlook toward more than SEK 10.00 billion in 2027 was developing well, but noted that consensus already stood at SEK 10.60 billion and that the 2026 dividend yield was 4.90 percent, according to Borskollen.

The same report said Nordea lifted its EBITDA estimates for 2027 and 2028 by 1.00 percent because of currency effects, while its third-quarter forecasts remained broadly in line with consensus. For investors, the key tension is clear: cash generation is improving, but the income profile leaves less room for an earnings surprise.

Second-quarter revenue moves higher

Inderes lists Telia's second-quarter 2026 revenue at SEK 20,704.60 million, up 3.69 percent from SEK 19,969.40 million in the first quarter. The same table shows EBITDA of SEK 7,989.70 million in the second quarter, compared with SEK 7,389.10 million in the first quarter, a 8.13 percent increase.

Telia's next reporting date is October 22, 2026, according to Investing.com. That date gives the market a near-term test for Nordea's view on third-quarter estimates and for the company's cash flow trajectory.

Stock remains below yearly high

Telia is listed on Nasdaq Stockholm under the ticker TELIA, according to Investing.com. Its 52-week range was SEK 35.07 to SEK 51.68, while the latest market capitalization supplied by the finance quote was SEK 173.4 billion as of October 7, 2026. The euro quote therefore provides the German investor perspective, while the Swedish figures frame the home-market valuation.

Trading stays firmly dated

At Lang & Schwarz, Telia Company stock was trading at EUR 3.91 on October 7, 2026 at 9:14 a.m. CEST, plus 1.30 percent versus the EUR 3.86 prior close from October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Telia Company stock.