HSBC upgrades target for Megacable stock to MXN 75.00

Published on 10/14/2026 at 15:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC set a MXN 75.00 target on October 13, 2026. Megacable stock last traded at MXN 53.34 versus MXN 52.57 on the BMV.

Analyst target and operating growth

HSBC upgraded Megacable from Hold to Buy and raised its target from MXN 67.00 to MXN 75.00 on October 13, 2026.
Thirteen analysts set an average target of MXN 70.24 in the latest three-month consensus.
Megacable stock last traded at MXN 53.34 on October 13, 2026, versus MXN 52.57 previously.

Megacable, Communication Services, analyst upgrade, BMV, telecommunications, Illustration mit AI erstellt.

Megacable Holdings had its HSBC rating upgraded from Hold to Buy, while the target rose from MXN 67.00 to MXN 75.00 on October 13, 2026. According to Investing.com, the change places the new target 40.61 percent above the quoted share price used in the analyst table.

Target rises by 11.94 percent

The move from MXN 67.00 to MXN 75.00 represents an 11.94 percent increase in HSBC's target. The updated rating gives the latest analyst action a clear numerical anchor, but the target remains an estimate rather than a company operating result.

Investing.com lists 13 analyst opinions in its latest three-month consensus, including nine Buy ratings, four Holds and one Sell. The average 12-month target is MXN 70.24, while the published target range runs from MXN 52.00 to MXN 84.00.

Second-quarter growth supports the case

Megacable's operating picture also supplied a measurable backdrop. EMIS reported that net sales revenue increased 7.97 percent in the second quarter of 2026, while net profit for the period rose 11.41 percent. The same source recorded a 0.29 percent increase in net profit margin for 2026.

The company operates in cable, subscription programming and wired telecommunications, according to EMIS. For investors, the key distinction is between the improved reported revenue and profit metrics for the second quarter and HSBC's forward-looking valuation view.

Last BMV quote stays dated

The last quoted BMV price was MXN 53.34 on October 13, 2026 at 1:59 p.m. CST, versus the previous session's MXN 52.57. The 52-week range was MXN 49.21 to MXN 69.32, and market capitalization stood at MXN 46.2 billion on the quoted date.