Goldman Sachs cuts target to NOK 145 for Telenor stock

Published on 10/15/2026 at 12:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Telenor reported NOK 18.14 billion revenue for the second quarter. Telenor stock costs EUR 11.62 on October 15, 2026, with NOK 168.9 billion market value.

Analyst caution and company dates

Goldman Sachs cut its Telenor target to NOK 145 on October 14, 2026.
Telenor reported NOK 18.14 billion in revenue and NOK 2.52 billion in net profit for the second quarter of 2026.
Telenor stock was trading at EUR 11.62 at 12:52 p.m. CEST at Lang & Schwarz on October 15, 2026.
The 52-week range stood at NOK 121.00 to NOK 178.70 on October 15, 2026.

Telenor, NO0010063308, Illustration mit AI erstellt.

Telenor (ISIN NO0010063308) was trading at EUR 11.62 at Lang & Schwarz on October 15, 2026 at 12:52 p.m. CEST. The latest analyst move came from Goldman Sachs, which cut its price target to NOK 145 from NOK 150 on October 14, 2026, while keeping a neutral view, according to MarketScreener.

Why the target matters

The target reduction adds a cautious signal before Telenor publishes its third-quarter results. JPMorgan had already cut its target to NOK 145 from NOK 160 on October 13, 2026 and placed the stock on negative Catalyst Watch, citing competitive pressure in Norway and Finland, according to Investing.com. The same report said JPMorgan was 2 percent below consensus on earnings before interest, taxes, depreciation and amortization and 6 percent below on free cash flow.

Telenor's second-quarter revenue was NOK 18.14 billion and net profit was NOK 2.52 billion, compared with NOK 20.32 billion and NOK 3.73 billion a year earlier. Those figures were reported for the quarter ended June 30, 2026 by Markets Insider.

What comes next for Telenor

Telenor's investor-relations calendar lists October 28, 2026 as the date for its third-quarter 2026 results. The company said the release will cover the period ending September 30, 2026, giving investors a scheduled test for the competitive pressures cited by JPMorgan.

Trading range and market value

Telenor's 52-week range was NOK 121.00 to NOK 178.70 on October 15, 2026. Its market capitalization was NOK 168.9 billion at the latest quote timestamp, while the current euro indication remained at EUR 11.62 at Lang & Schwarz on October 15, 2026 at 12:52 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Telenor stock.