NOS stock trades 4.90 percent below its 52-week high

Published on 10/06/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income rose 34.10 percent to EUR 77.50 million. NOS stock costs EUR 5.43 on October 6, 2026 versus EUR 5.44, minus 0.18 percent.

Schwarzweiß-Fotoreportage von Glasfaserverlegung in einer europäischen Stadtstraße — Schwarzweiß-Reportage zeigt Glasfaser-Verlegung als Sinnbild für NOS SGPS SA (PTZON0AM0006), portugiesischer Telekommunikationsausbau landesweit, Illustration mit AI erstellt.

NOS (ISIN PTZON0AM0006) was trading at EUR 5.43 at Lang & Schwarz on October 6, 2026 at 3:33 p.m. CEST, 4.90 percent below its 52-week high of EUR 5.71. The latest operating picture combines flat revenue with a sharp increase in second-quarter 2026 net income, giving profitability and cash generation more weight than top-line growth.

Profit grows while revenue stays flat

In its review of the second-quarter 2026 results published in July 2026, XTB reports revenue of EUR 458.30 million, EBITDA of EUR 206.00 million and net income of EUR 77.50 million. Net income increased 34.10 percent, while revenue remained stable, showing that the earnings improvement came from efficiency rather than sales expansion.

The same review says NOS completed next-generation fiber coverage across 100.00 percent of Portugal's municipalities and had 5.70 million homes covered by its fiber network. Those infrastructure figures shift attention toward extracting higher returns from an already broad network.

Cash flow improves after lower investment

Free cash flow rose 120.00 percent to EUR 83.30 million in the second quarter of 2026, while capital expenditure fell 8.20 percent, according to XTB. The combination matters because lower network investment can leave more operating cash for debt management and shareholder distributions.

NOS also reported a 2.90 percent average debt cost and net debt equal to 1.60 times EBITDA in the second quarter of 2026, the same review says. The main operating test is whether profit and cash flow can keep improving while revenue growth remains limited.

Stock remains below yearly high

The finance snapshot puts NOS market capitalization at EUR 2.8 billion on October 6, 2026, with a 52-week range of EUR 3.60 to EUR 5.71. The EUR 5.43 Lang & Schwarz price therefore sits closer to the top of that range than to its low, despite the intraday move of minus 0.18 percent versus the prior close.

NOS states that its shares trade on Euronext Lisbon, while Simply Wall St lists November 3, 2026 as the next earnings date. That report should show whether the second-quarter margin and cash-flow gains are carrying into the second half.

NOS was trading at EUR 5.43 at Lang & Schwarz on October 6, 2026 at 3:33 p.m. CEST, versus the prior close of EUR 5.44, a minus 0.18 percent change. The further course of trading is shown by the continuously updated real-time quote of NOS stock.