TIM stock gained 2.12 percent as Q2 profit rose 6 percent

Published on 10/04/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TIM stock gained 2.12 percent on October 2 after Q2 net income rose 6 percent year over year. H1 service revenue grew 6 percent and cash flow topped BRL 3 billion.

TIMB, US88706T1088, Illustration mit AI erstellt.

TIM stock (ISIN US88706T1088) was last at USD 17.83 on the NYSE on October 2, 2026, up 2.12 percent from the prior session. The move followed second-quarter results showing net income above BRL 1 billion, a 6 percent year-over-year increase, according to ScanX on September 17, 2026.

Q2 profit tops BRL 1 billion

The Q2 2026 result gives TIM a stronger earnings base for the second half. First-half service revenue increased 6 percent, while EBITDA after lease grew 8 percent, according to ScanX in its September 17, 2026 report.

Operating cash flow exceeded BRL 3 billion in the first half of 2026, giving the result a cash-generation element alongside the profit growth. Postpaid customers represented close to 70 percent of mobile service revenue, while business-to-business revenue contributed 7 percent of total service revenue, according to ScanX.

Hold consensus targets USD 24.82

The valuation picture is more measured than the quarterly profit trend. MarketBeat reported on October 4, 2026, that 13 brokerages carried an average Hold rating, with one Sell, nine Hold, two Buy and one Strong Buy rating. The average 12-month target of USD 24.82 lies 39.2 percent above the NYSE price of USD 17.83.

Analyst views include Barclays lowering its target from USD 28.00 to USD 24.00 on July 10, 2026, while Morgan Stanley kept a Market Perform rating and a USD 22.00 target on August 20, 2026, according to MarketBeat. The spread between those targets and the consensus shows that earnings momentum has not produced a uniform valuation view.

Stock remains below its yearly high

TIM stock was 36.8 percent below its 52-week high of USD 28.22 on October 2, 2026, while its 52-week low stood at USD 17.14. The USD 8.5 billion market capitalization and 426,000-share volume frame a session in which the stock gained 2.12 percent without erasing its broader distance from the yearly high.

For investors, the central contrast is clear: Q2 net income and first-half cash generation improved, while the Hold consensus still places the average target materially above the latest NYSE price.