Telia targets SEK 1 billion savings. Handelsbanken targets Telia Company stock at SEK 47
Published on 10/12/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Telia targets SEK 1 billion in annual savings through a planned reduction of 900 positions.
- Handelsbanken lifted its Telia target from SEK 45 to SEK 47 and raised its rating to Hold on September 14, 2026.
- Second-quarter revenue rose 4.60 percent year on year to SEK 20.71 billion, while net income reached SEK 2.23 billion.
- Telia Company stock was EUR 3.86 at Lang & Schwarz on October 12, 2026 at 10:47 a.m. CEST.
- Telia will publish third-quarter results on October 22, 2026.
Telia Company (ISIN SE0000667925) targets SEK 1 billion in annual gross savings through a planned reduction of 900 positions, while Handelsbanken targets Telia Company stock at SEK 47. TradingView reported the savings plan on October 12, 2026, while MarketScreener reported Handelsbanken's move on September 14, 2026.
SEK 1 billion savings plan
Telia said it intends to move 220 positions from its common Technology unit into country operations and reduce 900 positions across the group. The company expects the restructuring to be completed by December 31, 2026, with the full run-rate benefit arriving from 2028, according to TradingView.
The same report said estimated restructuring charges are not expected to affect Telia's 2026 financial outlook. It also described a net positive free-cash-flow effect once the savings program reaches its full run rate.
What does the target signal?
Handelsbanken raised its rating from Sell to Hold and lifted its target from SEK 45 to SEK 47 on September 14, 2026, MarketScreener reported. The target change puts cost control and cash generation at the center of the near-term valuation debate.
Telia's second-quarter 2026 revenue rose 4.60 percent to SEK 20.71 billion, while net income increased 14.00 percent to SEK 2.23 billion, according to Simply Wall St. Earnings per share rose to SEK 0.57 from SEK 0.50 in the second quarter of 2025, giving the savings plan a financial backdrop beyond staffing numbers.
Three dated Telia developments
On July 17, 2026, Telia reported second-quarter revenue of SEK 20.71 billion and net income of SEK 2.23 billion, according to Simply Wall St. On September 14, 2026, Handelsbanken raised its target from SEK 45 to SEK 47, as MarketScreener reported. On October 12, 2026, Telia announced the SEK 1 billion savings target and 900 planned position reductions, according to TradingView.
Upcoming dates and market context
Telia will publish its third-quarter 2026 results on October 22, 2026, with the presentation scheduled for 9:00 a.m. CET, according to Telia Company. The next listed dividend date is October 27, 2026, according to Affarsvarlden.
Telia Company was trading at EUR 3.86 at Lang & Schwarz on October 12, 2026 at 10:47 a.m. CEST. On Nasdaq Stockholm, the primary listing was at SEK 43.43 at 10:52 a.m. CEST, with a market capitalization of SEK 170.8 billion and a 52-week range of SEK 35.07 to SEK 51.68.
The further course of trading is shown by the continuously updated real-time quote of Telia Company stock.
Telia Company stock facts
- Company: Telia Company AB (publ)
- ISIN: SE0000667925
- Ticker: TELIA
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 12, 2026, 10:47 a.m. CEST): EUR 3.86
- Market capitalization: SEK 170.8 billion (as of October 12, 2026)
- 52-week range: SEK 35.07-51.68 (as of October 12, 2026)
- Sector / Industry: Communication Services / Integrated Telecommunications Services
- Index membership: OMXS30
- Next earnings date: October 22, 2026
Market context: Market report OMXS30.
