Deutsche Telekom AG Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Deutsche Telekom AG stock has a consensus rating of "Strong Buy" and an average price target of $40.53. The average 1-year stock price forecast is 26.42% higher than the current stock price, while the lowest is $38.01 (+18.56%) and the highest is $41.99 (+30.97%).

Price Target: $40.53 (+26.42%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$38.01	$40.53	$41.58	$41.99
Change	+18.56%	+26.42%	+29.69%	+30.97%

Analyst Ratings

The average analyst rating for Deutsche Telekom AG stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	2
Buy	2	2	2	2	2	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Hans Engel Erste Group	Erste Group	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Jun 5, 2026

Financial Forecast

Revenue This Year

122.37B

from 121.82B

0.46%

from 121.82B

Revenue Next Year

126.42B

from 122.37B

3.31%

from 122.37B

EPS This Year

2.23

from 2.00

11.45%

from 2.00

EPS Next Year

2.49

from 2.23

11.92%

from 2.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	110.47B	117.07B	114.73B	118.43B	121.82B	122.37B
Revenue Growth	7.55%	5.98%	-2.00%	3.22%	2.86%	0.46%
Gross Profit	43.28B	45.95B	49.77B	52.95B	54.26B	69.75B
Gross Margin	39.18%	39.25%	43.38%	44.71%	44.54%	57.00%
Operating Income	13.54B	14.55B	21.99B	24.40B	25.78B	28.30B
Net Income	4.18B	8.00B	17.79B	11.21B	9.61B	9.75B
EPS	-	-	-	-	2.00	2.23
EPS Growth	-	-	-	-	5.26%	11.45%
Forward PE	-	-	-	-	-	12.45
Dividend / Share	0.64	0.70	0.77	0.90	1.00	1.13
Dividend Growth	-	9.37%	10.00%	16.88%	11.11%	13.23%
Free Cash Flow	1.08B	10.07B	14.82B	15.86B	14.99B	20.29B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	125.9B
Avg	122.4B
Low	119.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.3%
Avg	0.5%
Low	-2.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	2.23
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	11.5%
Low	-