Elisa consensus picture stays clear, analysts see limited upside for the shares
23.06.2026 - 11:35:13 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 11:32.
Elisa (FI0009007832) sits firmly in the Helsinki large-cap universe, with the stock trading on Nasdaq Helsinki in the telecoms segment. Recent analyst overviews from European broker platforms show a concentrated consensus around Hold and Reduce recommendations, with average price targets only modestly above the current share price.
What recent analyst data show
Zonebourse aggregates several broker views on Elisa, with the latest consensus table indicating an average target price around 37.50 euros, close to yesterday's estimated real-time quote of 37.50 euros for the shares. The 5-day variation on Zonebourse is slightly negative at around -0.40 percent, while the year-to-date performance stands near -4.16 percent, suggesting a muted trend.
In the same summary, most participating houses classify Elisa in the defensive Nordic telecom peer group alongside Telia and Telenor, but with a more cautious expected return profile based on the limited upside versus target prices. The compiled analyst data reflect a modest valuation premium compared to some regional peers, backed by Elisa's stable cash generation and dividend history, yet without strong momentum signals in the short term.
How Elisa compares in its sector
European telecom commentary from market platforms notes that Elisa shares have tended to trade at a higher earnings multiple than broader European telecom indices such as STOXX Europe 600 Telecommunications, reflecting the company's focus on value-added digital services. However, the recent slight share price decline and flat consensus target movement indicate that analysts currently expect only limited outperformance compared with the sector.
In Nordic sector comparisons, Elisa is often contrasted with Telia Company and Telenor, where analysts point to Elisa's stronger domestic market position in Finland but also to a narrower geographic footprint. This balance between local strength and limited international exposure appears to underpin the more cautious consensus stance at present, with valuation seen as fair rather than compelling.
All news and analysis on the Elisa shares
For more background, historical price data and additional analyst commentary on Elisa, the following resources provide consolidated information.
The business behind the Elisa stock
Elisa generates most of its revenue from mobile and fixed broadband services in Finland, complemented by digital services under the Elisa IndustrIQ and entertainment offerings such as Elisa Viihde. The company positions itself as a provider of cloud-based network solutions and analytics for industrial customers, supporting recurring service revenue streams beyond traditional connectivity.
Where the Elisa shares trade today
The Elisa shares (FI0009007832) most actively trade on Nasdaq Helsinki, with recent indicative prices around 37.50 euros per share as of 2026-06-22, 09:54 Helsinki time according to Zonebourse.
Elisa at a glance
- Company: Elisa Oyj
- ISIN: FI0009007832
- WKN: 853260
- Ticker: ELISA
- Trading venue: Nasdaq Helsinki
- Price (as of 2026-06-22, 09:54): 37.50 EUR
- Market cap: approximately 6.0 billion EUR (as of 2026-06-22, based on recent price and shares outstanding)
- Sector / industry: Telecommunications services
- Index membership: OMX Helsinki 25
- Next earnings date: not officially scheduled
Disclaimer: This article provides factual information and context on the Elisa shares and does not constitute investment advice or a recommendation to buy or sell securities.
