Telefónica stock
TEF.MCBMETelefónica, S.A., Communication ServicesISIN ES0178430E18
42Score 42 out of 100, Weak
Price and trend
63 / 100
Price history
−4.4% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.7% below it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 54).
The price is 15% below its 52-week high. Largest decline in 20 years: 88% (November 2007 to November 2020).
Chart figures for advanced users
- SMA 50$3.82
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$4.06
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)54
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.56
- The lowest closing price of the last twelve months.
- Resistance$4.56
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Telefónica, S.A. belongs to the Telecommunications Services industry (Spain) and, with a market value of $21.79B, is number 18 of 90 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $39.08B (down 15% year on year) and a loss of $4.8B.
- For fiscal 2026, analysts expect on average revenue of $37.23B (down 4.7%) and adjusted earnings per share of $0.35 (up 4.8%).
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- MEQIRI Score 42 out of 100 (Weak): rank 198 of 232 in Communication Services, median 58.
- Our model puts fair value at $5.43, with the price 28% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High dividend yieldDividend yield 7.74%, Telecommunications Services median 4.3%.
- Analysts expect strong earnings growthUp 16.7% a year through 2028 (estimates from 13 analysts).
Weaknesses
- High debtDebt 4.57 times equity (latest quarter), Telecommunications Services median 1.15.Stability 31
- Interest barely coveredOperating profit covers interest only 0.8 times.Stability 31
- Margin fallingOperating margin 4.2%, average of the prior years 10.1% (to 2024).Profitability 23
Its standout strength is valuation, while growth and profitability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 41 to 42.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- calm price action
Valuation
Valuation signal
Possible value trapClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $4.18 and expensive above $7.76 (uncertainty medium, based on the price swings of the past year).
Calculated with a cost of equity of 11.4%. At 12.4% the fair value would be $5.02, at 10.4% it would be $5.95.
Possible value trap: looks cheap, but score below 50, high risk, weak growth.
Valuation metrics
From the cash-flow model alone; without earnings there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue fell 10.3% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 7%, operating 4%, net not measured.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 12 Nov 2026EPS reported $0.11 (expected $0.14)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $0.35−2.4%
- Revenue
- $37.23B0.0%
- Earnings per share
- $0.46−0.4%
- Revenue
- $37.97B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook mixed
Share price after the results: −3.5%Adjusted operating cash flow after leases guidance raised to over 3% (previously over 2%), but revenue growth is now expected at the low end of the range.
“The improvement in operating leverage and in Spain and in Brazil gives us the confidence to upgrade our group 2026 guidelines for adjusted operating cash flow after leases from our previous guidance of over 2% to over 3%.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Telefónica
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
232 rated companies in Communication Services
- This company
- 42
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Telecommunications Services
The next larger and next smaller companies by market value
- OrangeORA.PA $45.6B59
- SwisscomSCMN.SW $44.41B62
- Chunghwa TelecomCHT $37.67B68
- Vodafone Group PublicVOD $36.24B47
- China Unicom (Hong Kong)0762.HK $21.57B50
- China Tower0788.HK $20.3B55
- BCEBCE $20.06B60
- China United Network Communications600050.SS $19.91B45
ETFs that hold Telefónica
Held by 118 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares STOXX Europe 600 Telecommunications UCITS ETF (DE)EXV2 | 3.89% | 0.46% | €256.65M |
| Xtrackers MSCI Europe Communication Services Screened UCITS ETF 1CDXSG | 3.30% | 0.17% | €15.77M |
| State Street SPDR MSCI Europe Communication Services UCITS ETFSPYT | 3.20% | 0.18% | €72.29M |
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| Deka EURO iSTOXX ex Fin Dividend+ UCITS ETFELFC | 3.14% | 0.31% | €385.1M |
| Amundi IBEX 35 UCITS ETF AccAMES | 1.97% | 0.30% | €929.16M |
| Ossiam Europe ESG Machine LearningOSX4 | 1.72% | 0.65% | €67.94M |
| Xtrackers Spain UCITS ETF 1DXESD | 1.60% | 0.30% | €509.27M |
| iShares Inclusion and Diversity UCITS ETFOPEN | 0.92% | 0.25% | €76.52M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 3 Oct 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.