PKO BP raises target for Orange Polska stock as Nexera deal closes

Published on 10/05/2026 at 01:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PKO BP lifted its target to PLN 17.00 on September 30, 2026. Orange Polska stock stood at PLN 15.18 on October 2, 2026, below PLN 17.00.

Orange Polska, PLTLKPL00017, Illustration mit AI erstellt.

PKO BP raised its target for Orange Polska stock from PLN 15.50 to PLN 17.00 on September 30, 2026, according to Parkiet. Orange Polska completed the Nexera acquisition with APG on the same date, with the transaction assigning PLN 0.5 billion to the purchase price, Wirtualne Media reports.

Nexera expands the fiber platform

The acquisition adds Nexera to the jointly controlled ?wiat?owód Inwestycje venture. Nexera reaches approximately 800,000 households and serves approximately 300,000 retail customers through its fiber network, according to Wirtualne Media. Orange Polska said the company will be consolidated from October 2026 using the equity method, making network scale the central strategic benefit of the deal.

The transaction follows a strong operating first half. Yahoo Finance reports that first-half 2026 revenue increased 7.50 percent year over year, while EBITDA grew 6.00 percent and net income rose 24.00 percent. Organic cash flow increased 43.00 percent during the same period, giving management room to raise its full-year targets.

Guidance and analyst expectations rise

Orange Polska's updated full-year 2026 outlook calls for EBITDA growth above 6.00 percent and operating cash flow of at least PLN 1.20 billion, according to the company's earnings-call transcript published by Yahoo Finance. The guidance matters because the first-half cash-flow increase was partly supported by real-estate disposals, while the fiber transaction creates a longer-term infrastructure platform.

PKO BP expects third-quarter 2026 EBITDAaL to increase 12.00 percent and raised its recommendation from Hold to Buy alongside the target increase, Parkiet reports. Orange Polska is scheduled to publish third-quarter 2026 results on October 26, 2026, according to Orange Polska.

GPW valuation ahead of results

On the GPW, Orange Polska was last at PLN 15.18 on October 2, 2026 at 5:00 p.m. CEST. Its market capitalization was PLN 19.9 billion, and the 52-week range was PLN 8.46 to PLN 16.51 on that date, putting the share 8.06 percent below its yearly high. The next results date and the raised PLN 17.00 target give the stock a clear event calendar before the October report.