Tele2 AB Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Tele2 AB stock has a consensus rating of "Hold" and an average price target of kr 181.54. The average 1-year stock price forecast is 3.21% higher than the current stock price, while the lowest is kr 140.00 (-20.41%) and the highest is kr 225.00 (+27.91%).

Price Target: kr 181.54 (+3.21%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	kr 140.00	kr 181.54	kr 183.85	kr 225.00
Change	-20.41%	+3.21%	+4.52%	+27.91%

* Price targets were last updated on Apr 23, 2026.

Analyst Ratings

The average analyst rating for Tele2 AB stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	7	6	4	3	3
Buy	4	4	4	4	3	3
Hold	6	6	7	10	11	11
Sell	2	2	1	1	1	1
Strong Sell	0	0	1	1	1	1
Total	20	19	19	20	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Hold Maintains kr 165.00	Hold	Maintains	kr 165.00	-6.20%	Apr 23, 2026
Kristoffer Carleskar Kepler Capital	Kepler Capital	Hold Maintains kr 195.00	Hold	Maintains	kr 195.00	+10.86%	Apr 22, 2026
Maurice Patrick Barclays	Barclays	Buy Maintains kr 170.00 → kr 200.00	Buy	Maintains	kr 170.00 → kr 200.00	+13.70%	Mar 30, 2026
Andrew Lee Goldman Sachs	Goldman Sachs	Buy Maintains kr 225.00	Buy	Maintains	kr 225.00	+27.91%	Mar 10, 2026

Financial Forecast

Revenue This Year

30.33B

from 29.89B

1.48%

from 29.89B

Revenue Next Year

30.94B

from 30.33B

2.00%

from 30.33B

EPS This Year

8.61

from 7.27

18.55%

from 7.27

EPS Next Year

8.58

from 8.61

-0.34%

from 8.61

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	26.79B	28.10B	29.10B	29.58B	29.89B	30.33B
Revenue Growth	0.89%	4.90%	3.55%	1.66%	1.04%	1.48%
Gross Profit	10.99B	11.29B	11.90B	12.77B	13.04B	13.33B
Gross Margin	41.01%	40.16%	40.91%	43.15%	43.62%	43.94%
Operating Income	4.88B	5.09B	5.73B	6.21B	7.19B	10.09B
Net Income	4.31B	5.57B	3.74B	3.87B	4.59B	9.57B
EPS	-	-	-	-	7.27	8.61
EPS Growth	-	-	-	-	21.88%	18.55%
Forward PE	20.72	15.95	14.02	15.87	23.56	20.42
Dividend / Share	6.75	6.80	6.90	6.35	10.50	10.85
Dividend Growth	-	0.74%	1.47%	-7.97%	65.35%	3.36%
Free Cash Flow	-1.40B	10.69B	6.33B	5.31B	6.48B	10.13B
No. Analysts	-	-	-	-	-	14

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

Revenue Forecast

Revenue	2026	2027	2028
High	30.5B
Avg	30.3B
Low	30.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.9%
Avg	1.5%
Low	0.7%

EPS Forecast

EPS	2026	2027	2028
High	10.97
Avg	8.61
Low	7.07

EPS Growth

EPS Growth	2026	2027	2028
High	51.0%
Avg	18.6%
Low	-2.7%