Tele2 AB consensus view stays stable, shares trade in Stockholm range

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 21:26.

Tele2 AB (SE0005190238) sits in focus today with a close look at the analyst consensus that underpins the telecom’s valuation on Nasdaq Stockholm. The stock is part of the Nordic telecom peer group alongside Telia Company on the Stockholm exchange and Telenor on the Oslo bourse.

What current estimates signal

Analyst coverage for Tele2 AB clusters around a stable earnings and dividend story, with most houses expecting only moderate growth from the Swedish and Baltic telecom markets over the next 12 to 24 months, according to current consensus compilations on major data platforms.Reuters overview on Tele2

Average target prices in these consensus snapshots typically imply single-digit percentage upside versus recent trading levels, reflecting a mature, cash-generative business rather than a high-growth profile, and placing Tele2 in a similar valuation bracket to Telia Company and Telenor on headline yield metrics.MarketWatch data for Tele2 B

How Tele2 compares with Nordic peers

In the Nordic telecom sector, Tele2 is often assessed against Telia Company and Norway’s Telenor ASA, both of which also trade on their respective home markets and feature prominently in regional equity benchmarks such as the OMX Stockholm and the Oslo Bors main list.Bloomberg profile of Telia Company

Recent commentary on Telenor, including an Underweight rating at Barclays with a price target cut to NOK 140 from NOK 160, underlines the cautious tone around Nordic telecom revenues and capital intensity, a backdrop that also frames investor expectations for Tele2’s cash returns and investment needs.Analyst overview on Telenor

The business behind the Tele2 brand

Tele2 AB generates its revenue primarily from mobile and fixed telecom services for consumers and businesses, including subscription-based mobile voice and data, broadband connections and bundled offers in Sweden and selected European markets, as detailed on its investor relations pages.Tele2 financial reports overview

Where the shares trade today

The Tele2 AB shares (SE0005190238) trade on Nasdaq Stockholm under the ticker TEL2 B, with the most recently available quotes placing the stock in the mid-100s Swedish kronor range in recent sessions.

This text is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any other form of financial guidance. Investors should conduct their own research and, where appropriate, consult a licensed financial advisor before making investment decisions.