Optima sets EUR 22.50 target for OTE stock

Published on 10/15/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Optima forecasts adjusted EBITDA AL up 3.00 percent in 2026. OTE stock costs EUR 19.27 on October 15, 2026, below its EUR 20.48 high.

Investor reference points

Optima Bank restarted coverage with a EUR 22.50 target on October 13, 2026.
Adjusted EBITDA AL is forecast to rise 3.00 percent in 2026.
OTE stock traded at EUR 19.27 at 1:36 p.m. CEST at Lang & Schwarz on October 15, 2026.

OTE, GRS260333000, Illustration mit AI erstellt.

OTE (GRS260333000) was priced at EUR 19.27 at Lang & Schwarz on October 15, 2026 at 1:36 p.m. CEST, while its market capitalization stood at EUR 7.6 billion on October 14, 2026. Euro2day reported on October 13, 2026 that Optima Bank restarted coverage with a Buy rating and a EUR 22.50 target.

What does the target imply for returns?

Using the Lang & Schwarz price as the reference, Optima's target is 16.76 percent above EUR 19.27. The brokerage expects adjusted EBITDA AL to rise 3.00 percent in 2026 and then grow at a 2.50 percent compound annual rate, according to Euro2day. Optima also expects the regular dividend to reach EUR 0.90 per share in 2026, compared with EUR 0.57 in 2022.

OTE's recent financing milestones

OTE issued a EUR 350 million bond on September 22, 2026, and the securities carried a 3.853 percent yield, according to xrimatistirio.com. The company also bought 523,621 of its own shares between September 21 and September 25, 2026, taking treasury shares to 1.096 percent.

When are the next results?

Investegate reported on October 5, 2026 that OTE will publish its third-quarter 2026 results on October 30, 2026, before the market opens. Management is scheduled to discuss the figures at 1:00 p.m. Athens time on that date.

Stock remains below its yearly high

OTE's Athens-listed shares closed at EUR 19.38 on October 14, 2026, while the documented 52-week range was EUR 15.38 to EUR 20.48. The EUR 19.27 Lang & Schwarz indication therefore sits below the documented high, while the upcoming results date gives the next clear company-specific checkpoint. The stock's business mix includes fixed and mobile services, fiber broadband, pay television and information technology services.

OTE was trading at EUR 19.27 at Lang & Schwarz on October 15, 2026 at 1:36 p.m. CEST.

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