Deutsche Telekom stock: Deutsche Bank keeps EUR 40.00 target for Deutsche Telekom stock

Published on 10/19/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. Deutsche Telekom stock costs EUR 25.62 on October 19, 2026, down 1.04 percent versus the Xetra close.

Analyst view and trading date

Deutsche Bank retained its EUR 40.00 target for Deutsche Telekom on October 19, 2026.
Deutsche Telekom will publish third-quarter results on November 5, 2026.
Telekom stock costs EUR 25.62 at 3:39 p.m. CEST at Lang & Schwarz on October 19, 2026, 1.04 percent below the Xetra close of October 16, 2026.
Deutsche Telekom had a P/E ratio of 14.31 and market capitalization of EUR 122.5 billion as of October 19, 2026.

Mehrere Handelsbildschirme zeigen TLK-Index Candlestick-Charts und Telekommunikationsmarktdaten — Finanz-Editorial-Fotografie von Handelsmonitor-Bildschirmen mit Kerzencharts und Telekommunikations-Sektorindex – illustriert die Börsenbewertung der Deutsche Telekom AG (ISIN DE0005557508) im Kapitalmarktkontext, Illustration mit AI erstellt.

According to 4investors on October 19, 2026, Deutsche Bank retained its EUR 40.00 target and Buy rating for Deutsche Telekom. The target lies 56.13 percent above the EUR 25.62 price. At 3:39 p.m. CEST, the stock was trading at EUR 25.62 at Lang & Schwarz, down 1.04 percent versus the Xetra close of October 16, 2026.

November 5 sets the next date

Deutsche Telekom will publish its third-quarter 2026 financial results on November 5, 2026. The date is listed in the company's investor-relations calendar, which also names February 25, 2027 for fourth-quarter and full-year 2026 results.

That calendar gives the market a defined checkpoint after the current debate over the telecom group's earnings potential. The October 19 analyst view therefore meets a clear reporting date rather than an open-ended timetable.

Range and trading activity

The 52-week range was EUR 23.53 to EUR 34.36 as of October 19, 2026. The price stood 25.44 percent below the high and 8.88 percent above the low. Trading volume reached 2,441,472 shares, versus an average of 6,139,043 shares.

The current quote sits inside the annual range, while the daily move remains smaller than the target distance highlighted by Deutsche Bank. That contrast puts the analyst valuation and the November reporting date at the center of the market picture.

Valuation and market comparison

Deutsche Telekom had a market capitalization of EUR 122.5 billion, a P/E ratio of 14.31 and a dividend yield of 0.04 percent as of October 19, 2026. Its sector profile is telecommunications services, with the primary listing on Xetra.

Comparison with peers

Telekom: minus 1.04 percent, P/E 14.31, market capitalization EUR 122.5 billion

Orange (Euronext Paris, EUR): minus 2.03 percent, P/E 9.45, market capitalization EUR 37.9 billion

Vodafone (LSE, GBp): minus 1.15 percent, dividend yield 0.03 percent, market capitalization GBP 28.0 billion

Quote remains below the close

The Lang & Schwarz price of EUR 25.62 at 3:39 p.m. CEST on October 19, 2026 was 1.04 percent below the Xetra close of EUR 25.89 from October 16, 2026. The next dated company event is the third-quarter results release on November 5, 2026.

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