Telefónica Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Telefónica stock has a consensus rating of "Hold" and an average price target of €4.00. The average 1-year stock price forecast is 0.98% higher than the current stock price, while the lowest is €3.00 (-24.26%) and the highest is €5.00 (+26.23%).

Price Target: €4.00 (+0.98%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	€3.00	€4.00	€4.00	€5.00
Change	-24.26%	+0.98%	+0.98%	+26.23%

Analyst Ratings

The average analyst rating for Telefónica stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	13	13	13	13	13	13
Sell	2	2	2	2	2	2
Strong Sell	4	4	4	4	3	3
Total	22	22	22	22	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Lee Goldman Sachs	Goldman Sachs	Buy Maintains n/a	Buy	Maintains	n/a	n/a	May 21, 2026
Javier Borrachero Kepler Capital	Kepler Capital	Hold Maintains €3.90 → €4.00	Hold	Maintains	€3.90 → €4.00	+0.98%	Apr 29, 2026
Mathieu Robilliard Barclays	Barclays	Hold Maintains €3.80 → €4.00	Hold	Maintains	€3.80 → €4.00	+0.98%	Apr 28, 2026
Carl Murdock Smith Citi	Citi	Hold Maintains €3.70 → €4.00	Hold	Maintains	€3.70 → €4.00	+0.98%	Apr 27, 2026
Keval Khiroya Deutsche Bank	Deutsche Bank	Sell Maintains €3.30 → €3.20	Sell	Maintains	€3.30 → €3.20	-19.21%	Mar 17, 2026

More Analyst Ratings

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.