TV, US40049J2069

New Street upgrades Grupo Televisa stock to Hold

Published on 10/26/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 segment revenue fell 3.00 percent. Grupo Televisa stock costs EUR 2.08 on October 26, 2026, plus 0.97 percent versus Frankfurt close.

Analyst view and operating figures

New Street Research upgraded Grupo Televisa from Strong Sell to Hold on October 22, 2026.
Second-quarter segment revenue fell 3.00 percent year over year to MXN 14.30 billion.
Grupo Televisa stock costs EUR 2.08 at Lang & Schwarz on October 26, 2026 at 5:04 p.m. CEST, 0.97 percent above the Frankfurt close of October 23, 2026.
TelevisaUnivision revenue rose 10.00 percent year over year to USD 1.30 billion in the second quarter of 2026.

TV, US40049J2069, Illustration mit AI erstellt.

Grupo Televisa (ISIN US40049J2069) stock costs EUR 2.08 at Lang & Schwarz on October 26, 2026 at 5:04 p.m. CEST, 0.97 percent above the Frankfurt close of October 23, 2026 at EUR 2.06. New Street Research upgraded the stock from Strong Sell to Hold in a report dated October 22, 2026, as reported by MarketBeat.

Telecom revenue remains mixed

The second-quarter 2026 operating picture was uneven. Grupo Televisa's cable and Sky segment revenue fell 3.00 percent year over year to MXN 14.30 billion, while operating segment income increased 5.00 percent to MXN 6.00 billion. The operating segment margin reached 41.80 percent, up 3.10 percentage points year over year, according to the company's second-quarter earnings call transcript published by Yahoo Finance.

What is driving the margin?

Management tied the improvement to lower operating expenses and the integration of Izzi and Sky. Residential and enterprise revenue reached MXN 23.70 billion in the first half of 2026, an increase of 2.60 percent from the same period a year earlier. The company also said its fiber network had passed 12.00 million homes by the second quarter, with full coverage targeted for the second quarter of 2027.

Acquisition adds a strategic date

On October 13, 2026, Grupo Televisa filed an information statement describing the planned acquisition of AT&T Mexico together with Fintech Mercury. Televisa would hold a 50.00 percent economic interest in the buyer group. The transaction details and date appear in the company's Form 6-K filed with the SEC.

TelevisaUnivision generated USD 1.30 billion of revenue in the second quarter of 2026, up 10.00 percent year over year. Adjusted EBITDA declined 3.00 percent to USD 388.00 million, reflecting higher sports-related costs.

Valuation and trading position

MarketBeat reported a consensus Reduce rating from six analysts and an average 12-month target of USD 6.55 on October 18, 2026. The same report listed a USD 1.27 billion market capitalization, a negative price-to-earnings ratio of 2.62, and a 52-week range of USD 2.18 to USD 3.49.

Stock stays near its yearly low

At EUR 2.08, the German quotation remains below the USD 2.18 52-week low cited for the NYSE listing only because the quotations use different currencies and venues. On the NYSE, Grupo Televisa stock last opened at USD 2.37 on October 22, 2026, according to the cited MarketBeat report. The next confirmed company reporting date is not included here.

Grupo Televisa combines cable, broadband, fixed-line telecommunications and satellite television operations in Mexico with its stake in TelevisaUnivision. The latest figures show stronger operating income despite lower segment revenue, while the analyst change adds a new rating signal to the stock's current trading picture.

Current price and investor view

The EUR 2.08 Lang & Schwarz quotation on October 26, 2026 at 5:04 p.m. CEST stands 0.97 percent above the Frankfurt close of October 23, 2026 at EUR 2.06. The operating margin and the AT&T Mexico transaction are the concrete points investors will weigh alongside the revised analyst view. The further course of trading is shown by the continuously updated real-time quote of Grupo Televisa stock.