Telefónica, S.A. (TEF) Price Target Analysis

Analyst Rating: Buy

Based on 20 analysts

No Target Data

TEF trades at Wall Street's consensus target of —.

Current Price$4.33

Average Target—

Low—

Median—

High—

Analyst Target Range

Forward P/E12.5x

(Value)

PEG Ratio—

Implied Growth+192.4%

(High Growth)

Analyst Spread—

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$4.33

Consensus—

High—

Low—

Consensus Scenario Assumptions

The base valuation assumes TEF achieves its forward estimates and maintains a stable P/E multiple of 12.5x. This scenario reflects the blended consensus of 20 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 20 published analyst recommendations for TEF

35% hold / mixed conviction

BearishBullish

Weighted analyst sentiment score based on 20 ratings

ConsensusBuy

Coverage20 Analysts

Net Score+8

Bull / Bear40% / 25%

Strong Buy00%

Buy840%

Hold735%

Sell525%

Strong Sell00%

Strong Buy

00%

Buy

840%

Hold

735%

Sell

525%

Strong Sell

00%

Recommendation Mix40% Buy · 35% Hold · 25% Sell

Buy (8)Hold (7)Sell (5)

TEF Price Target Analysis

Updated June 21, 2026

As of June 21, 2026, Telefónica, S.A. (TEF) has a Wall Street consensus price target of N/A, based on estimates from 20 covering analysts. The company has a market capitalization of $24.41B.

Analyst price targets range from a low of N/A to a high of N/A.

The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 5 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.

From a valuation perspective, TEF trades at a trailing P/E of -65.1x and forward P/E of 12.5x. Analysts expect EPS to grow +192.4% over the next year.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Communication Services stocks.

Analyst Sentiment Comparison

Industry Peer Analysis

Avg Peer Upside

+24.2%

Industry Consensus

Avg Forward P/E

13.4x

(Value)

Peers with Coverage

10 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
TAT&T Inc.	$153.7B	$22.01	$29.32	+33.2%	Hold	9.5x	62
VZVerizon Communications Inc.	$191.4B	$45.37	$51.56	+13.6%	Hold	9.2x	60
VODVodafone Group Public Limited Company	$33.0B	$14.30	$11.58	-19.0%	Buy	15.8x	25
TUTELUS Corporation	$18.0B	$11.54	$22.59	+95.8%	Buy	17.6x	23
BCEBCE Inc.	$21.7B	$23.28	$26.00	+11.7%	Hold	9.0x	21
TMUST-Mobile US, Inc.	$196.6B	$181.67	$248.45	+36.8%	Buy	17.4x	54
LILALiberty Latin America Ltd.	$961M	$4.80	$8.00	+66.7%	Buy	—	15
AMXAmérica Móvil, S.A.B. de C.V.	$79.6B	$26.46	$29.78	+12.5%	Buy	0.8x	24
ERICTelefonaktiebolaget LM Ericsson (publ)	$35.0B	$11.38	$6.94	-39.0%	Hold	2.0x	40
NOKNokia Oyj	$77.2B	$13.49	$17.50	+29.7%	Buy	39.7x	52

TEF — Frequently Asked Questions

Quick answers to the most common questions about buying TEF stock.

What is the TEF stock price target for 2026?

The consensus price target for TEF is $N/A, close to the current price of $4.33 (N/A% implied move). Based on 20 analyst estimates, the stock appears fairly valued near current levels.

Is TEF a buy, sell, or hold?

TEF has a consensus rating of "Buy" based on 20 Wall Street analysts. The rating breakdown is mixed, with 7 Hold ratings making up the largest segment. The consensus 12-month price target of $N/A implies N/A% upside from current levels.

Is TEF stock overvalued or undervalued?

With a forward P/E of 12.4712x, TEF trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.

How high can TEF stock go?

The most bullish Wall Street analyst has a price target of $N/A for TEF, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. These targets typically reflect 12-month expectations.

How many analysts cover TEF stock?

TEF is well covered by analysts, with 20 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 7 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the TEF stock forecast?

The 12-month TEF stock forecast based on 20 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Buy".

What is TEF's forward P/E ratio?

TEF trades at a forward P/E ratio of 12.5x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy TEF stock?

TEF appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do TEF price targets vary so much?

TEF analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground.

Consensus-Based Analysis Tools