Tele2 TEL2 B
This picture changes. Follow Tele2 free — email when the signal or risk changes + a Sunday weekly brief.
Follow Tele2 freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Full analysis: 20 Jul 2026
Latest news check: 4 Aug 2026
General analysis — not personal advice.
HOLD
7/10
Confidence
Existing position can be maintained for the dividend yield.
Stable profitability, strong cash flow and attractive dividend support the hold signal.
Market sentiment
6/10
→
Trend: Stable
The market focuses on stable growth in the Baltics and the upcoming dividend, with neutral sentiment around core operations.
Price context
The share trades at 167.7 SEK, below the average analyst target of around 176 SEK, indicating limited near-term upside but stability if the company delivers in line with guidance.
Risk assessment
4/10
Dilution:
Low
Strong cash flow covers dividend
Jurisdiction:
Low
Sweden and Baltics are stable EU markets
Execution:
Medium
New CEO must prove ability in competitive market
Recent changes
- ▲ Dilution risk is lowered to low as cash flow covers the dividend without requiring new issuance.
The full analysis is open. Follow the company free for the full change history — and email next time the picture changes.
Show all changes (6) — follow the company freeAbout the company
Tele2 provides mobile and fixed connectivity, broadband, TV and IoT solutions to consumers and businesses. Operations are focused on Sweden and the Baltics with emphasis on stable profitability and dividends.
Sector:
Telecom services
Type:
Other
Next report
20 Oct 2026
Q3
Catalysts
12 Oct 2026
Dividend
High
Horizon:
Bull case
Stable eFCF growth and attractive dividend provide support for the share.
Bear case
Tough competition in the domestic market and EPS miss limit upside.
Signal rationale (informational)
Stable profitability, strong cash flow and attractive dividend support the hold signal.
Recent news
- Insider transactions linked to the chairman and Freya Investissements/Xavier Niel were registered at the end of July. Analysts have slightly lowered price targets but maintain a positive underlying view. The ex-dividend date for the half-year dividend is 12 October.
Key figures
Revenue
Q2 2026
SEK 7.4B
EBITDA
Q2 2026
SEK 3.0B
Net income
Q2 2026
SEK 1.2B
Price & valuation
Last close
SEK 162
1 week
+0.4 %
3 months
-8.3 %
12 months
+8.1 %
From 52w high
-15.7 %
From 52w low
+15.3 %
Exchange
Stockholm
Sector
Telecom services
This picture changes. Follow Tele2 free — email when the signal or risk changes + a Sunday weekly brief.
Follow 3 companies freeEmail when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.