Swisscom stock trades at EUR 682.00 after SMI exit

Published on 09/29/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Swisscom stock generated CHF 1.202 billion in H1 2026 operating free cash flow, up 21.6 percent. The shares moved from SMI to SMIM on September 21, 2026.

Photorealistic mobile phone tower standing on an alpine meadow with snow-capped Swiss mountain peaks in the background under a dramatic orange and pink sunset sky — Swisscom AG (CH0008742519) – Mobilfunkmast in Schweizer Alpenlandschaft bei goldenem Sonnenuntergang über schroffen Bergspitzen, Illustration mit AI erstellt.

Swisscom (ISIN CH0008742519) was trading at EUR 682.00 at Lang & Schwarz on September 29, 2026 at 1:33 p.m. CEST. The telecommunications group delivered CHF 1.202 billion in operating free cash flow for H1 2026, up 21.6 percent year over year, making cash generation the clearest support for its investment case.

Cash flow improves in H1 2026

According to WorldReview1989, Swisscom reported H1 2026 revenue of CHF 7.221 billion, down 3.0 percent, while EBITDAaL rose 3.3 percent to CHF 2.557 billion. Net income increased 6.9 percent to CHF 668 million.

The combination of lower revenue and higher profitability points to efficiency gains rather than broad-based top-line expansion. Operating free cash flow of CHF 1.202 billion therefore matters more than revenue alone for assessing dividend capacity and the integration of the Italian business.

SMI exit reshapes the listing profile

wallstreetONLINE reported that Swisscom left the SMI and entered the SMIM effective September 21, 2026, after SIX changed the index composition. The move changes index classification, but it does not alter the companys SIX listing or its Swiss and Italian operating footprint.

MarketScreener listed a CHF 573.70 average analyst target and a CHF 654.00 last cited close in its September 10, 2026 report on Sadif Investment Analytics. The target was below that cited close, while the latest Swisscom quote in CHF was CHF 643.50 on SIX at 1:19 p.m. CEST on September 29, 2026.

Swisscom stock trades at EUR 682.00

Swisscom stock was trading at EUR 682.00 at Lang & Schwarz on September 29, 2026 at 1:33 p.m. CEST. Its market capitalization was CHF 33.3 billion on September 29, 2026, and the CHF 545.00 to CHF 727.00 52-week range places the SIX quote in the upper half of its annual band.