Tele2 B, SE0005190238

Tele2 stock gained 1.80 percent on October 2 ahead of Q3 results

Published on 10/04/2026 at 21:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tele2 stock heads toward its October 20 report after Q2 service revenue rose 2 percent and underlying EBITDA increased 4 percent. Consensus is Neutral from 19 analysts.

Börsen-Editorialfoto mit Kurscharts und Handelsbildschirmen im Fokus — Editorial-Aufnahme eines Börsenparketts mit Kurscharts symbolisiert Handel der Tele2 AB, ISIN SE0005190238, Nasdaq Stockholm, Illustration mit AI erstellt.

Tele2 stock (ISIN SE0005190238) was last at SEK 160.85 on Nasdaq Stockholm on October 2, 2026, at 5:29 p.m. CEST, up 1.80 percent from the prior session. Tele2 will publish its third quarter results on October 20, 2026, at 7:00 a.m. CEST. The date gives the recent share move a clear checkpoint.

Q2 growth supports the calendar

Tele2's second-quarter 2026 end-user service revenue increased 2 percent year over year, while underlying EBITDA rose 4 percent. The figures came despite tougher comparisons with the prior year, according to Yahoo Finance on July 16, 2026.

The company also reported SEK 1.5 billion in Q2 equity free cash flow, while the last twelve months produced SEK 6.2 billion. Tele2's 2026 guidance calls for low single-digit organic growth in end-user service revenue and low to mid-single-digit organic growth in underlying EBITDA, with capital expenditure at 10 percent to 11 percent of sales, Yahoo Finance reported.

Consensus stays above the share price

The analyst consensus is Neutral from 19 analysts, with an average 12-month price target of SEK 175.62. That target lies 9.18 percent above the October 2 price of SEK 160.85, while the published high and low targets are SEK 215 and SEK 140, respectively, according to Investing.com.

The latest named analyst action points to a more cautious tone. BNP Paribas cut Tele2 to Neutral from Outperform and set a SEK 180 price target on September 10, 2026, according to MarketScreener. The contrast between that downgrade and the higher consensus target leaves the October report as the next test for the growth case.

Tele2 stock remains below its yearly high

Tele2 stock was last at SEK 160.85 on October 2, 2026, with a 52-week range of SEK 143.05 to SEK 198.30. The market capitalization was SEK 110.0 billion and trading volume reached 1,336,087 shares on the same session.