Telefónica, S.A. (TEF)

Telefónica Stock Forecast

Stock Price Forecast

There have not been any analyst price target forecasts for Telefónica in the last 12 months.

Price Target: n/a

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

According to 1 stock analyst, the rating for Telefónica is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	1	1	1	1	1	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carl Murdock-Smith Citigroup	Citigroup	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Dec 1, 2025
Carl Murdock-Smith Berenberg	Berenberg	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 23, 2021
Mathieu Robilliard Barclays	Barclays	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Oct 15, 2021
Carl Murdock-Smith Berenberg	Berenberg	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Jun 10, 2021
David Wright B of A Securities	B of A Securities	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Mar 31, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

37.16B

Decreased by -11.80%

from 42.14B

Revenue Next Year

37.36B

Increased by 0.52%

from 37.16B

EPS This Year

0.26

from -0.06

EPS Next Year

0.33

Increased by 28.68%

from 0.26

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	43.95B	39.28B	40.78B	41.46B	42.14B	37.16B	37.36B
Revenue Growth	-10.88%	-10.63%	3.82%	1.67%	1.64%	-11.80%	0.52%
EPS	0.22	1.34	0.31	-0.20	-0.06	0.26	0.33
EPS Growth	48.22%	509.09%	-76.87%	-	-	-	28.68%
Forward PE	-	-	-	-	-	13.91	10.81
No. Analysts	-	-	-	-	-	24	24

Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	43.1B	43.3B
Avg	37.2B	37.4B
Low	34.5B	34.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	2.3%	16.6%
Avg	-11.8%	0.5%
Low	-18.1%	-6.5%

EPS Forecast

EPS	2025	2026	2027	2028
High	0.45	0.46
Avg	0.26	0.33
Low	-0.05	0.22

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-	76.9%
Avg	-	28.7%
Low	-	-16.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.