Tele2 stock heads toward Q3 results as analysts split
Published on 10/05/2026 at 22:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tele2 (ISIN SE0005190238) was last at SEK 160.55 on Nasdaq Stockholm on October 5, 2026, down 0.19 percent from SEK 160.85. The company is scheduled to publish third quarter 2026 results on October 20, 2026, giving investors a concrete checkpoint after a quarter of 2 percent service-revenue growth and 4 percent underlying EBITDA growth.
Q3 results set the next test
According to Nasdaq on September 29, 2026, Tele2 will release its third quarter figures at 7:00 a.m. CEST on October 20, 2026, followed by a webcast at 9:00 a.m. CEST.
The second-quarter operating picture gives that date substance. Tele2's Q2 end-user service revenue grew 2 percent year over year, while underlying EBITDA rose 4 percent, according to the Yahoo Finance transcript dated July 16, 2026. Equity free cash flow reached SEK 1.5 billion in the quarter, while management maintained 2026 guidance for low single-digit organic service-revenue growth and low to mid-single-digit underlying EBITDA growth.
Analyst targets remain divided
On October 4, 2026, Borskollen reported that Berenberg cut its Tele2 rating to Sell from Hold and reduced its target to SEK 140 from SEK 146. The bank cited Tele2's lack of operations in Denmark and a lower probability of a full takeover by Iliad as factors behind the change.
Investing.com listed a Neutral consensus from 19 analysts on October 5, 2026, with an average target of SEK 175.62, a high target of SEK 215 and a low target of SEK 140. The spread between the highest and lowest target is SEK 75, showing that the next results must be read against unusually wide expectations.
Stock sits below yearly high
Tele2 B's October 5 price stood 19.03 percent below its 52-week high of SEK 198.30 and SEK 17.50 above its 52-week low of SEK 143.05. The session range was SEK 160.20 to SEK 161.95, and volume reached 1,121,984 shares.
For investors, the central balance is visible in the numbers: operating growth continued in Q2, but the share price remains well below its yearly peak and analyst views stretch from SEK 140 to SEK 215.
Tele2 stock remains below SEK 200
Tele2 B was last at SEK 160.55 on Nasdaq Stockholm on October 5, 2026, with a market capitalization of SEK 109.8 billion. The next material company date is October 20, 2026.
Tele2 stock at a glance
- Company: Tele2 AB (publ)
- ISIN: SE0005190238
- Ticker: TEL2 B
- Trading venue: Nasdaq Stockholm
- Price (as of October 5, 2026, 5:29 p.m. CEST): SEK 160.55
- Market capitalization: SEK 109.8 billion (as of October 5, 2026)
- 52-week range: SEK 143.05-198.30 (as of October 5, 2026)
- Sector / Industry: Communication services / Wireless telecommunications services
Upcoming dates for Tele2 stock
- October 20, 2026: Third quarter 2026 results and webcast
