OTP spots uptrend above HUF 2,578 for Magyar Telekom stock

Published on 10/26/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Magyar Telekom stock costs EUR 7.30 on October 26, 2026. Q2 revenue reached HUF 243.31 billion and Q3 results are due November 4, 2026.

Operating figures and timing

OTP Bank identified HUF 2,578 as the level marking Magyar Telekom's uptrend on October 20, 2026.
Second-quarter revenue reached HUF 243.31 billion, up 2.21 percent from the prior quarter.
Magyar Telekom stock trades at EUR 7.30 at 10:33 a.m. CET at Lang & Schwarz on October 26, 2026.
Third-quarter results are scheduled for November 4, 2026.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

OTP Bank identified HUF 2,578 as the level at which Magyar Telekom's uptrend began in a technical analysis dated October 20, 2026, while the stock was trading at EUR 7.30 at Lang & Schwarz on October 26, 2026 at 10:33 a.m. CET.

The breakout level is HUF 2,578

According to OTP Bank, the share broke out of its consolidation range after closing above HUF 2,578. The report placed stronger resistance around HUF 2,734 and HUF 2,813, giving the technical view two clearly defined levels to monitor.

What does the Q2 comparison show?

TradingView lists second-quarter 2026 revenue at HUF 243.31 billion, up HUF 5.26 billion or 2.21 percent from the prior quarter. Its second-quarter net income was HUF 56.21 billion, down HUF 2.77 billion or 4.69 percent from the preceding quarter, so the revenue trend was stronger than the earnings trend.

The company's investor-relations page dates the second-quarter 2026 financial report to August 5, 2026. That report remains the latest reported operating period cited here, while the next scheduled update provides the nearer event for investors following the stock.

Three dated milestones

On May 20, 2026, Magyar Telekom began paying a HUF 154 dividend per ordinary share, according to Magyar Telekom. On August 5, 2026, it reported second-quarter results with revenue of HUF 243.31 billion, as listed by TradingView. On October 20, 2026, OTP Bank set HUF 2,578 as the technical breakout threshold.

Next reporting date

The next dated company event is the third-quarter 2026 earnings release scheduled for November 4, 2026, according to RTTNews. The release will give investors a fresh operating comparison against the second-quarter revenue and earnings figures.

Stock price in euros

Magyar Telekom stock was trading at EUR 7.30 at Lang & Schwarz on October 26, 2026 at 10:33 a.m. CET. The Budapest Stock Exchange remains the company's primary listing venue, and the ordinary share trades under the ticker MTELEKOM.

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