Telekom targets EUR 2.5 billion AI savings: Telekom stock sits 27.76 percent below its high

Published on 10/12/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Telekom expects EUR 1.1 billion in AI savings outside the U.S. in 2027. Telekom stock is EUR 24.82 on October 12, 2026 versus the Xetra close EUR 24.70.

Key points in brief

Telekom targets EUR 2.5 billion in indirect cost savings from AI and automation by 2030.
The company expects EUR 1.1 billion in gross savings outside the U.S. in 2027.
Telekom stock was at EUR 24.82 at Lang & Schwarz on October 12, 2026, plus 0.49 percent versus the Xetra close of EUR 24.70.
The stock remains 27.76 percent below its 52-week high of EUR 34.36.

Makrofoto eines Glasfaserbündels mit leuchtenden Cyan- und Blaulicht-Signalen auf schwarzem Hintergrund — Extreme Makroaufnahme eines leuchtenden Glasfaserbündels mit intensiven Lichtsignalen – visualisiert die Hochgeschwindigkeits-Glasfaserinfrastruktur der Deutsche Telekom AG (ISIN DE0005557508), Illustration mit AI erstellt.

Telekom (ISIN DE0005557508) targets EUR 2.5 billion in indirect cost savings from artificial intelligence and automation by 2030, according to Deutsche Telekom in its October 5, 2026 release. The company also expects EUR 1.1 billion in gross savings outside the U.S. in 2027, giving the stock a measurable efficiency theme beyond its traditional network business.

Three dated signals shape the stock

On October 5, 2026, Goldman Sachs cut its Deutsche Telekom price target from EUR 40.00 to EUR 38.00 while retaining a Buy rating, according to FinanzNachrichten. On October 6, 2026, Deutsche Bank Research kept a Buy rating and a EUR 40.00 target, according to FinanzNachrichten. On October 7, 2026, UBS retained Buy with a EUR 35.10 target after the AI capital markets event, as reported by FinanzNachrichten.

What does AI mean for Telekom?

The October 5 release puts the savings target beside a separate revenue ambition: AI-related business revenue outside the U.S. is expected to reach EUR 800 million by 2030, compared with EUR 250 million expected for 2026. The comparison matters because the strategy combines cost reduction with a new revenue stream rather than relying on efficiency alone.

Telekom said AI and automation had already handled approximately 2.6 million customer-service calls in the first half of 2026. In the U.S., AI agents handled 40 percent of customer contacts, while the number of customer-service calls fell 55 percent. These operating figures provide concrete markers for judging whether the long-term savings target is progressing.

Next dates and valuation context

Deutsche Telekom's investor-relations calendar sets November 5, 2026, for third-quarter results and February 25, 2027, for fourth-quarter and full-year 2026 results, according to Deutsche Telekom. The November release will give investors a new test of the company's guidance and of the cash-flow effect from the AI program.

At Lang & Schwarz, Telekom stock was trading at EUR 24.82 on October 12, 2026 at 10:52 a.m. CEST, up EUR 0.12 or 0.49 percent versus the Xetra close of October 9, 2026 at EUR 24.70. The stock's 52-week range was EUR 23.53 to EUR 34.36, leaving the current price 27.76 percent below the high, while market capitalization stood at EUR 120.1 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Telekom stock.