Telia Company stock: Deutsche Bank raises target to SEK 50

Published on 10/20/2026 at 15:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 EBITDA forecast is SEK 8,792 million for October 22, 2026. Telia Company stock is EUR 4.18 on October 20, 2026, 0.24 percent above Frankfurt close.

Analyst target and reporting date

Deutsche Bank upgraded Telia Company on October 15, 2026.
Adjusted EBITDA is forecast at SEK 8,792 million for the third quarter of 2026.
Telia Company stock stands at EUR 4.18, 0.24 percent above the Frankfurt close.
Telia Company is scheduled to report on October 22, 2026.

Aquarell der Stockholmer Skyline bei Dämmerung, Telia Company AB, SE0000667925 — Aquarell der Stockholmer Skyline mit Antennen, Telia Company AB, ISIN SE0000667925, sanfte Pastellfarben abends, Illustration mit AI erstellt.

Telia Company (ISIN SE0000667925) remains the subject of a fresh Deutsche Bank call after the bank raised its price target from SEK 34 to SEK 50 and upgraded its rating from Hold to Buy on October 15, 2026, according to MarketScreener. The new target is 7.83 percent above the SEK 46.37 home-market price. At Lang & Schwarz, the stock was EUR 4.18 on October 20, 2026 at 3:03 p.m. CEST, up 0.24 percent versus the Frankfurt close of October 19, 2026 at EUR 4.17.

Third-quarter expectations set the next test

Telia Company is scheduled to release its third-quarter report on October 22, 2026. The compiled consensus cited by MarketScreener calls for adjusted EBITDA of SEK 8,792 million, compared with SEK 8,458 million in the same period last year. That implies a 3.95 percent year-over-year increase. The same consensus expects sales of SEK 20,725 million, versus SEK 19,861 million previously, a 4.35 percent increase.

Stock sits below its yearly high

The Nasdaq Stockholm quote stood at SEK 46.37 at 3:07 p.m. CEST on October 20, 2026. Telia Company's 52-week range is SEK 35.07 to SEK 51.68, putting the price 10.28 percent below the high and 32.22 percent above the low. The market capitalization was SEK 182.3 billion, while the trailing price-to-earnings ratio was 37.10.

Valuation remains central to the target

Deutsche Bank's SEK 50 target places the stock 7.83 percent above the latest Stockholm price. The broader consensus cited by MarketScreener covers 20 analysts and has an average target of SEK 47.35, which is 2.11 percent above SEK 46.37. The range of views is wide, from SEK 39.00 to SEK 57.00, making the October 22 report the next quantified test of the valuation.

Comparison with peers

Telia Company: up 0.24 percent versus the Frankfurt close, P/E 37.10, market capitalization SEK 182.3 billion.

Tele2: up 1.88 percent, P/E 11.21, market capitalization SEK 110.9 billion.

Elisa: unchanged at 0.00 percent, P/E 16.77, market capitalization EUR 5.7 billion.

Price and reporting date

Telia Company combines a modest euro-market gain with a sharply higher Deutsche Bank target and a near-term earnings date. The focus now shifts to whether adjusted EBITDA can approach the SEK 8,792 million consensus for the third quarter. Telia Company was trading at EUR 4.18 at Lang & Schwarz on October 20, 2026 at 3:03 p.m. CEST, up 0.24 percent versus the Frankfurt close of October 19, 2026 at EUR 4.17. The further course of trading is shown by the continuously updated real-time quote of Telia Company stock.