Telia Company stock faces a lower target before Q3 results
Published on 10/06/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Telia Company stock was trading at SEK 43.68 on Nasdaq Stockholm at 4:46 p.m. CEST on October 6, 2026, down 0.84 percent from the prior close. The immediate catalyst is a fresh warning from ABG Sundal Collier that the telecom operator's third-quarter growth will slow, alongside a lower price target.
ABG cuts target before results
According to Placera on October 6, 2026, ABG repeated its Sell recommendation and reduced the target to SEK 41 from SEK 42. ABG expects slower third-quarter revenue and earnings growth because projects have shifted, while it expects Telia to repeat its 2026 forecast and medium-term targets.
The target cut places the analyst view below the current market price by SEK 2.68, or 6.1 percent. That gap matters because ABG also said the improved execution is already reflected in Telia's valuation, limiting room for further revaluation.
Q2 growth sets the comparison
Telia entered the third quarter with a stronger second-quarter base. Simply Wall St reported that Q2 2026 revenue increased 4.6 percent year over year to SEK 20.7 billion, while net income rose 14 percent to SEK 2.23 billion. Adjusted EBITDA grew 3.4 percent, with the margin reaching 40.5 percent, according to the same Q2 summary.
That contrast gives investors a concrete test for the October report: whether the project timing described by ABG produces a temporary slowdown or a broader loss of operating momentum. Telia's Q2 earnings per share were SEK 0.57, up from SEK 0.50 in Q2 2025, according to Simply Wall St.
Consensus stays above the market
The broader analyst picture is less negative than ABG's call. Investing.com lists a Neutral consensus from 20 analysts, with an average 12-month target of SEK 46.63, a high estimate of SEK 57 and a low estimate of SEK 34. At SEK 43.68, the average target lies 6.8 percent above the price.
The next scheduled checkpoint is October 22, 2026, when Telia is set to release its third-quarter results, according to Investing.com. The report will show whether the company can keep its full-year service revenue and EBITDA outlook while navigating the project timing effect.
Stock trades below yearly high
Telia's market value was SEK 171.8 billion on October 6, 2026, with 2,890,901 shares traded by 4:46 p.m. CEST. The session range was SEK 43.60 to SEK 44.33, while the 52-week range stood at SEK 35.07 to SEK 51.68.
Telia Company stock key figures
- Company: Telia Company AB (publ)
- ISIN: SE0000667925
- Ticker: TELIA
- Trading venue: Nasdaq Stockholm
- Price (as of October 6, 2026, 4:46 p.m. CEST): SEK 43.68
- Market capitalization: SEK 171.8 billion (as of October 6, 2026)
- 52-week range: SEK 35.07-51.68 (as of October 6, 2026)
- Sector / Industry: Communication Services / Integrated Telecommunications Services
Upcoming dates for Telia Company stock
- October 22, 2026: Q3 2026 results
