Tele2 (TEL2 B) Stock Overview
Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
TEL2 B Community Fair Values
Create NarrativeSee what 29 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Tele2 AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 186.55 |
| 52 Week High | SEK 198.30 |
| 52 Week Low | SEK 132.85 |
| Beta | 0.34 |
| 1 Month Change | -4.48% |
| 3 Month Change | 9.03% |
| 1 Year Change | 29.82% |
| 3 Year Change | 77.50% |
| 5 Year Change | 68.44% |
| Change since IPO | 578.36% |
Recent News & Updates
Narrative Update • Apr 30
TEL2 B: Higher Payout Policy And Retail Expansion Will Support Future Returns
Analysts have lifted the average price target for Tele2 by SEK 10 to SEK 225, with recent SEK 7 to SEK 34 target hikes balanced by several downgrades and slightly lower revenue growth and profit margin assumptions, alongside a marginally higher future P/E multiple in updated models. Analyst Commentary Recent Street research on Tele2 shows a split view, with several bullish analysts lifting price targets while others turn more cautious or downgrade their ratings.Narrative Update • Apr 16
TEL2 B: Elevated Payout Policy Will Drive Future Return Profile
The analyst price target for Tele2 has been raised from SEK 210.00 to SEK 225.00. This change reflects updated views from analysts who are weighing mixed recent research, including several downgrades alongside selective target increases around the sector.Recent updates
Narrative Update • Apr 30
TEL2 B: Higher Payout Policy And Retail Expansion Will Support Future Returns
Analysts have lifted the average price target for Tele2 by SEK 10 to SEK 225, with recent SEK 7 to SEK 34 target hikes balanced by several downgrades and slightly lower revenue growth and profit margin assumptions, alongside a marginally higher future P/E multiple in updated models. Analyst Commentary Recent Street research on Tele2 shows a split view, with several bullish analysts lifting price targets while others turn more cautious or downgrade their ratings.Narrative Update • Apr 16
TEL2 B: Elevated Payout Policy Will Drive Future Return Profile
The analyst price target for Tele2 has been raised from SEK 210.00 to SEK 225.00. This change reflects updated views from analysts who are weighing mixed recent research, including several downgrades alongside selective target increases around the sector.
Narrative Update • Apr 02
TEL2 B: Limited Upside Will Constrain Returns Despite Supportive Capital Actions
The analyst price target for Tele2 has increased by about SEK 6 to SEK 170, reflecting recent mixed research updates in which some analysts raised their targets while others became more cautious on the stock’s upside potential. Analyst Commentary Recent research on Tele2 presents a split picture, with some bullish analysts lifting price targets and others turning more cautious or stepping back from high conviction ratings.Narrative Update • Mar 19
TEL2 B: Mixed Ratings And Rich Dividend Policy Will Shape Returns
Analysts now place Tele2's fair value at about SEK 210, up from SEK 200, as they weigh slightly higher long term revenue growth, profit margins and future P/E expectations against a mixed set of recent price target revisions and rating changes across the Street. Analyst Commentary Recent Street research provides a mixed but generally constructive view on Tele2, with some firms trimming price targets or shifting ratings, while others see enough support to justify higher valuation levels.Narrative Update • Mar 05
TEL2 B: Mixed Street Views And High Dividend Will Shape Returns
The analyst fair value estimate for Tele2 has moved from SEK 190 to SEK 200. This reflects mixed recent price target changes from several banks and adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E multiples by analysts.Analysis Article • Feb 13
Tele2 AB (publ)'s (STO:TEL2 B) 25% Price Boost Is Out Of Tune With Earnings
The Tele2 AB (publ) ( STO:TEL2 B ) share price has done very well over the last month, posting an excellent gain of...
Narrative Update • Feb 04
TEL2 B: Rich P/E And Dividend Payout Will Likely Limit Future Upside
The analyst price target for Tele2 has increased from SEK 122.0 to approximately SEK 128.4, reflecting updated views from analysts who have recently adjusted their targets in both directions based on revised expectations for revenue growth, profit margins and future P/E assumptions. Analyst Commentary Recent research updates around Tele2 show a mix of views, with some analysts raising their targets and others trimming them by small amounts.Analysis Article • Feb 01
Tele2's (STO:TEL2 B) Dividend Will Be Increased To SEK5.25
Tele2 AB (publ) ( STO:TEL2 B ) will increase its dividend from last year's comparable payment on the 25th of May to...Analysis Article • Jan 31
Tele2 AB (publ) (STO:TEL2 B) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
As you might know, Tele2 AB (publ) ( STO:TEL2 B ) recently reported its yearly numbers. Tele2 reported in line with...Narrative Update • Jan 21
TEL2 B: Sector Mergers Will Drive Near-Term Outperformance With Stable Fairly Priced Outlook
Analysts have nudged their fair value estimate for Tele2 to SEK164.33 from SEK161.63 as small tweaks to assumptions on long term revenue growth, profit margin and future P/E filter through their models. Valuation Changes The fair value estimate has increased modestly from SEK161.63 to SEK164.33 per share.Narrative Update • Jan 07
TEL2 B: Lower Revenue Assumptions Will Likely Cap Upside At Current Levels
Analysts have revised their price target on Tele2 to SEK 122.0. This reflects updated assumptions for slightly lower revenue growth, a modestly higher profit margin, and a small adjustment to the future P/E multiple. Valuation Changes Fair Value: Unchanged at SEK 122.0 per share.Analysis Article • Dec 30
Here's Why Tele2 (STO:TEL2 B) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Dec 17
Earnings Not Telling The Story For Tele2 AB (publ) (STO:TEL2 B)
When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 21x, you may consider Tele2...Narrative Update • Dec 15
TEL2 B: Merger Driven Upside Will Likely Disappoint At Current Levels
Analysts have raised their price target on Tele2 to SEK 190, reflecting stronger expected revenue growth, higher profit margins, and a richer merger-driven outlook for telecom operators compared to previous forecasts. Analyst Commentary The latest upgrade to Outperform with a SEK 190 price target underscores a more constructive stance on Tele2's ability to benefit from sector consolidation and merger related synergies.Analysis Article • Dec 03
Returns At Tele2 (STO:TEL2 B) Are On The Way Up
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Dec 01
TEL2 B: Sector Mergers Will Drive Near-Term Outperformance Amid Fair Valuation
Analysts have raised their price target for Tele2 from SEK 161.02 to SEK 161.63, citing expectations of favorable industry conditions and improved margins, which they believe could support near-term share performance. Analyst Commentary Recent analyst activity reflects evolving sentiment on Tele2, with upward revisions and renewed attention to potential sector tailwinds.Narrative Update • Nov 17
TEL2 B: Sector Mergers Will Shape Near-Term Outperformance Amid Stable Outlook
Narrative Update on Tele2 Analysts have revised Tele2's fair value price target to SEK 161.02, maintaining their outlook as positive in light of recent sector upgrades and expectations that upcoming telecom mergers will drive outperformance. Analyst Commentary Bullish Takeaways Bullish analysts have upgraded Tele2's rating, reflecting increased confidence in the company's growth prospects.Narrative Update • Nov 03
TEL2 B: Sector Mergers And Baltic Tower Deal Will Shape Outlook
Tele2's analyst price target has been raised from SEK 160 to SEK 161.02, as analysts cite expectations of revenue growth and improved profit margins due to anticipated sector consolidation. Analyst Commentary Following recent sector reviews, analysts have updated their views on Tele2, highlighting both encouraging prospects and areas of caution regarding the company's path forward.Narrative Update • Oct 20
Digitalization And 5G Will Shape Future Connectivity Markets
Analysts have raised their fair value estimate for Tele2 from SEK 159.26 to SEK 160.00. They cite anticipated benefits from industry mergers expected to boost performance in the near term.Narrative Update • Oct 05
Digitalization And 5G Will Shape Future Connectivity Markets
Analysts have raised their price target for Tele2 from SEK 154 to SEK 159, citing expectations of higher profit margins and improved shareholder returns as key drivers for the upgrade. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent upgrades reflect confidence in Tele2's ability to capture near-term outperformance, especially in the wake of potential telecom sector mergers.Narrative Update • Sep 20
Digitalization And 5G Will Shape Future Connectivity Markets
Analysts have raised Tele2’s price target to SEK153.98, driven by improved shareholder return catalysts and operational stability, though some reservations persist among bearish analysts. Analyst Commentary Bullish analysts cite improved shareholder return catalysts as a key reason for increased optimism.Narrative Update • Sep 05
Digitalization And 5G Will Shape Future Connectivity Markets
Analysts have turned more optimistic on Tele2 due to enhanced shareholder return catalysts and improved confidence in capital allocation, leading to upward price target revisions, with the consensus Analyst Price Target remaining effectively unchanged at SEK152.14. Analyst Commentary Bullish analysts highlight enhanced shareholder return catalysts as a key reason for an upgraded outlook.Analysis Article • Aug 31
Are Investors Undervaluing Tele2 AB (publ) (STO:TEL2 B) By 26%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Tele2 fair value estimate is kr226 Tele2's kr167 share price...Analysis Article • Jul 30
Earnings Not Telling The Story For Tele2 AB (publ) (STO:TEL2 B) After Shares Rise 35%
Tele2 AB (publ) ( STO:TEL2 B ) shareholders have had their patience rewarded with a 35% share price jump in the last...Analysis Article • Jul 12
We Like These Underlying Return On Capital Trends At Tele2 (STO:TEL2 B)
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • Jun 26
Tele2's (STO:TEL2 B) Dividend Will Be Reduced To SEK3.15
Tele2 AB (publ) ( STO:TEL2 B ) is reducing its dividend from last year's comparable payment to SEK3.15 on the 15th of...Analysis Article • Jun 10
Tele2 (STO:TEL2 B) Is Reducing Its Dividend To SEK3.15
Tele2 AB (publ) ( STO:TEL2 B ) has announced that on 15th of October, it will be paying a dividend ofSEK3.15, which a...Analysis Article • May 27
Tele2's (STO:TEL2 B) Shareholders Will Receive A Smaller Dividend Than Last Year
Tele2 AB (publ)'s ( STO:TEL2 B ) dividend is being reduced from last year's payment covering the same period to SEK3.15...Analysis Article • May 13
Tele2 (STO:TEL2 B) Will Pay A Smaller Dividend Than Last Year
Tele2 AB (publ)'s ( STO:TEL2 B ) dividend is being reduced from last year's payment covering the same period to SEK3.20...Analysis Article • May 09
Tele2 AB (publ)'s (STO:TEL2 B) Shareholders Might Be Looking For Exit
With a price-to-earnings (or "P/E") ratio of 25x Tele2 AB (publ) ( STO:TEL2 B ) may be sending bearish signals at the...
New Narrative • Nov 30
Unified IT Stack And 5G Expansion Set To Elevate Revenue And Drive Competitive Edge
Unified IT stack and 5G expansion enhance customer experience, competitive position, and revenue through improved offerings and service expansion.Shareholder Returns
| TEL2 B | SE Wireless Telecom | SE Market | |
|---|---|---|---|
| 7D | 0.6% | 2.7% | 3.7% |
| 1Y | 29.8% | 54.2% | 15.7% |
Return vs Industry: TEL2 B underperformed the Swedish Wireless Telecom industry which returned 49.6% over the past year.
Return vs Market: TEL2 B exceeded the Swedish Market which returned 12.8% over the past year.
Price Volatility
| TEL2 B volatility | |
|---|---|
| TEL2 B Average Weekly Movement | 2.9% |
| Wireless Telecom Industry Average Movement | 3.0% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in SE Market | 13.1% |
| 10% least volatile stocks in SE Market | 3.7% |
Stable Share Price: TEL2 B has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: TEL2 B's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 3,904 | Jean-Marc Harion | www.tele2.com |
Tele2 AB (publ) provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers handset related data services, linear and streaming services, mobile telephony and data, fixed broadband and telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services. It also provides data network services, including dark fiber, dedicated wavelength, ethernet and IP VPN, and internet services; and unified communications comprising service provider, mobile virtual network operator, and carrier SIP-interconnect services.
Tele2 AB (publ) Fundamentals Summary
| TEL2 B fundamental statistics | |
|---|---|
| Market cap | SEK 129.37b |
| Earnings (TTM) | SEK 10.09b |
| Revenue (TTM) | SEK 29.98b |
12.8x
P/E Ratio4.3x
P/S RatioIs TEL2 B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TEL2 B income statement (TTM) | |
|---|---|
| Revenue | SEK 29.98b |
| Cost of Revenue | SEK 16.89b |
| Gross Profit | SEK 13.10b |
| Other Expenses | SEK 3.01b |
| Earnings | SEK 10.09b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 16, 2026
| Earnings per share (EPS) | 14.55 |
| Gross Margin | 43.67% |
| Net Profit Margin | 33.65% |
| Debt/Equity Ratio | 80.3% |
How did TEL2 B perform over the long term?
See historical performance and comparisonDividends
5.6%
Current Dividend Yield72%
Payout RatioDoes TEL2 B pay a reliable dividends?
See TEL2 B dividend history and benchmarks| Tele2 dividend dates | |
|---|---|
| Ex Dividend Date | May 19 2026 |
| Dividend Pay Date | May 25 2026 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 17 days |
Does TEL2 B pay a reliable dividends?
See TEL2 B dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/06 12:24 |
| End of Day Share Price | 2026/05/06 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tele2 AB (publ) is covered by 32 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Maurice Patrick | Barclays |
| Jonathan Dann | Barclays |