Deutsche Bank raises target for Telia Company stock to SEK 50

Published on 10/16/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached SEK 20.71 billion, up 4.60 percent year over year. Telia Company stock costs EUR 4.14 on October 16, 2026 before Q3 results.

Restructuring and reporting milestones

On October 15, 2026, Deutsche Bank raised its Telia target from SEK 34 to SEK 50.
Telia plans 900 position reductions and SEK 1 billion in annual gross savings.
Telia Company stock trades at EUR 4.14 at 10:42 a.m. CEST at Lang & Schwarz on October 16, 2026.
Telia is scheduled to publish its third-quarter report on October 22, 2026.

Architektur-Render eines modernen Rechenzentrums, Telia Company AB, SE0000667925 — Architektur-Render eines modernen Rechenzentrums, Telia Company AB, ISIN SE0000667925, nachhaltige Glasfassade Grünflächen, Illustration mit AI erstellt.

Telia Company (ISIN SE0000667925) was trading at EUR 4.14 at Lang & Schwarz on October 16, 2026 at 10:42 a.m. CEST. On October 15, Deutsche Bank raised its rating to Buy from Hold and lifted its target from SEK 34 to SEK 50, according to Borskollen.

Cost savings set the immediate test

Telia proposed reducing 900 positions across its operations and targeting SEK 1 billion in annual gross savings on October 12, 2026. The company also expects SEK 600 million in restructuring charges in the fourth quarter of 2026, with the cash flow effect mainly in 2027, according to Cision.

The proposal includes transferring 220 positions, primarily from the common Technology unit to country operations. Telia said the full run-rate benefit should appear from 2028, while its 2026 financial outlook remained unchanged.

What does the SEK 1 billion target change?

The answer depends on execution before the next report. A consensus compiled by Modular Finance from 19 contributors puts third-quarter 2026 revenue at SEK 20.725 billion, adjusted EBITDA at SEK 8.792 billion and earnings per share at SEK 0.65, according to Placera. Those estimates give the savings plan a measurable operating backdrop rather than leaving it as a personnel announcement.

Three recent milestones

On October 12, 2026, Telia proposed 900 position reductions and SEK 1 billion in annual gross savings. On October 15, 2026, Modular Finance published consensus from 19 contributors, including SEK 20.725 billion in expected third-quarter revenue. On October 15, 2026, Deutsche Bank raised its target from SEK 34 to SEK 50 and changed its rating from Hold to Buy, as Borskollen reported.

Reporting dates ahead

Telia is scheduled to publish its third-quarter report on October 22, 2026, followed by a dividend date on October 27, 2026, according to Affarsvärlden.

Stock price and investor reading

The restructuring plan gives Telia a cost-cutting catalyst, while the October 22 report will show whether operating performance supports the higher target. Telia Company stock was trading at EUR 4.14 at Lang & Schwarz on October 16, 2026 at 10:42 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Telia Company stock.