Telia Company stock falls 1.26 percent as targets reset

Published on 09/30/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNP Paribas cut its Telia target to SEK 57 from SEK 60 on September 10, 2026. Telia Company stock stood at EUR 3.93 after Q2 EBITDA rose 13.40 percent sequentially.

Techniker bei Glasfaserverlegung in Nordstadt, Telia Company AB, SE0000667925 — Schwarzweiß-Reportage zeigt Techniker bei Glasfaserverlegung, Telia Company AB, ISIN SE0000667925, nordische Straße, Illustration mit AI erstellt.

Telia Company stock (ISIN SE0000667925) was trading at EUR 3.93 at Lang & Schwarz on September 30, 2026 at 3:34 p.m. CEST, down 1.26 percent versus the prior close of EUR 3.98. The decline comes as recent analyst changes leave the Swedish telecom operator facing a tighter valuation debate before its next quarterly report.

Analysts trim valuation targets

According to MarketScreener on September 10, 2026, BNP Paribas reduced its Telia price target to SEK 57 from SEK 60 and retained an Outperform rating. The revised target is SEK 53.07 above the Lang & Schwarz euro quote only in a different currency, so no direct distance calculation is appropriate.

Handelsbanken also raised its recommendation from Sell to Hold and lifted its target to SEK 47 from SEK 45 on September 14, 2026, according to MarketScreener. The two revisions point to a market still divided between income appeal and concerns about growth quality.

Q2 earnings improved sequentially

Telia reported Q2 2026 net sales of SEK 20.705 billion, up 3.69 percent from SEK 19.969 billion in Q1 2026, while EBITDA climbed 13.40 percent to SEK 8.378 billion from SEK 7.388 billion. The figures and quarterly comparison are listed by MarketScreener in its Telia financial calendar.

Operating profit in the standardized Q2 statement was SEK 3.661 billion, compared with SEK 3.081 billion in Q1, while net income reached SEK 2.230 billion versus SEK 1.664 billion. The sequential gains give investors a concrete benchmark for the earnings quality that analysts are now using to reassess their targets.

Market value and earnings date

Telia's market capitalization stood at SEK 174.5 billion on September 30, 2026. The Nasdaq Stockholm share remained inside a 52-week range of SEK 35.07 to SEK 51.68, placing the latest primary-exchange quote below the yearly high while the euro reference price reflected the separate Lang & Schwarz market.

Telia Company is scheduled to release its Q3 2026 earnings on October 20, 2026, according to MarketScreener. That report will test whether the sequential improvement in revenue, EBITDA and net income can support the more constructive analyst view.

Telia stock falls in trading

Telia Company stock was trading at EUR 3.93 at Lang & Schwarz on September 30, 2026 at 3:34 p.m. CEST, down 1.26 percent versus the Lang & Schwarz prior close of EUR 3.98 on September 29, 2026. The company is listed on Nasdaq Stockholm under the ticker TELIA.