MTN Group stock holds a 61.4 percent one year gain

Published on 09/23/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MTN Group stock stood at ZAR 225.97 on September 23, 2026, with a ZAR 414.2 billion market value. Its 2026 results show ZAR 4.092 billion net profit.

MTN Group, ZAE000042164, Illustration mit AI erstellt.

MTN Group Limited (ZAE000042164) stood at ZAR 225.97 on September 23, 2026, while its one-year return reached 61.4 percent and its market capitalization was ZAR 414.2 billion. The combination places the South African telecom operator near a major valuation checkpoint after a strong twelve-month advance.

Stock performance sets the tone

According to Simply Wall St on September 23, 2026, MTN traded at ZAR 225.97, with a seven-day return of negative 2.0 percent and a one-year return of 61.4 percent. The short-term pullback therefore sits against a much larger annual gain, a quantified contrast that matters more than a single-session move.

The same September 23, 2026 market snapshot placed the average analyst target at ZAR 226.67, only ZAR 0.70 above the quoted price. That narrow gap makes the latest operating figures and the next outlook update important valuation tests rather than background statistics.

Results show a sharp earnings gap

MTN Group's latest results calendar lists the second-quarter 2026 results for August 24, 2026. The published net profit figure was ZAR 4.092 billion against a forecast of ZAR 24.448 billion, an 83.26 percent shortfall, while earnings per share came in at ZAR 2.23 versus a forecast of ZAR 3.47, or 35.81 percent below expectations, according to MarketScreener on September 23, 2026.

The figures create a clear tension in the investment case. MTN's share price still shows a 61.4 percent annual increase, but the latest reported earnings miss leaves less room for execution setbacks to be absorbed by the current valuation.

Price remains near the analyst target

MTN Group's listed reference venue is the Johannesburg Stock Exchange, with the primary ticker MTN and the telecommunications industry classification. The September 23, 2026 quotation of ZAR 225.97 and the ZAR 226.67 average target provide a concrete market comparison, while the ZAR 414.2 billion capitalization shows the scale already reflected in the share price.

Valuation meets the latest figures

MTN Group closed at ZAR 225.97 on the Johannesburg Stock Exchange as of September 23, 2026. The price, the ZAR 414.2 billion market value and the 61.4 percent one-year return frame the stock, while the August 24, 2026 net profit and earnings-per-share misses identify the operating figures that will shape the next reassessment.