Telekom Malaysia Berhad (KLSE:TM)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
7.27
+0.03 (0.41%)
At close: Jun 11, 2026

Telekom Malaysia Berhad Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Telekom Malaysia Berhad stock has a consensus rating of "Buy" and an average price target of RM 8.08. The average 1-year stock price forecast is 11.14% higher than the current stock price, while the lowest is RM 4.50 (-38.10%) and the highest is RM 9.60 (+32.05%).

Price Target: RM 8.08 (+11.14%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
PriceRM 4.50RM 8.08RM 8.36RM 9.60
Change-38.10%+11.14%+14.99%+32.05%

Analyst Ratings

The average analyst rating for Telekom Malaysia Berhad stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy131210111212
Buy222233
Hold456533
Sell111111
Strong Sell111111
Total212120202020

Financial Forecast

Revenue This Year
12.35B
from 11.87B
Increased by 4.05%
Revenue Next Year
12.63B
from 12.35B
Increased by 2.22%
EPS This Year
0.45
from 0.45
Decreased by -0.79%
EPS Next Year
0.48
from 0.45
Increased by 7.66%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
11.53B12.12B11.69B11.71B11.87B12.35B
Revenue Growth
6.35%5.11%-3.53%0.19%1.36%4.05%
Gross Profit
4.40B4.99B4.67B4.47B4.03B9.09B
Gross Margin
38.13%41.14%39.96%38.13%33.96%73.57%
Operating Income
1.85B2.08B2.21B2.31B2.02B2.28B
Net Income
895.20M1.14B1.87B2.02B1.71B1.67B
EPS
----0.450.45
EPS Growth
-----15.56%-0.79%
Forward PE
18.1914.3412.9215.3216.8116.16
Dividend / Share
0.130.170.250.250.270.33
Dividend Growth
-26.92%51.52%-8.00%23.20%
Free Cash Flow
1.16B1.07B1.02B2.10B1.93B1.67B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue202620272028
High13.9B
Avg12.4B
Low11.8B

Revenue Growth

Revenue Growth202620272028
High
17.4%
Avg
4.1%
Low
-1.0%

EPS Forecast

EPS202620272028
High0.49
Avg0.45
Low0.38

EPS Growth

EPS Growth202620272028
High
7.8%
Avg
-0.8%
Low
-15.8%