Telia Company stock reports Q2 revenue above forecast

Telia Company stock stood at SEK 45.39 on Nasdaq Stockholm on September 23, 2026, down 0.94 percent for the session and 12.2 percent below its 52-week high of SEK 51.68. The company also delivered Q2 revenue of SEK 20.705 billion against a forecast of SEK 20.593 billion, a 0.54 percent beat.

Q2 revenue beats forecast

Telia's second-quarter revenue gives the stock a measurable operating reference. According to MarketScreener, Q2 2026 net sales were SEK 20.705 billion, compared with a SEK 20.593 billion consensus forecast. The difference was 0.54 percent, making the revenue result positive but modest relative to the share price distance from its yearly high.

Operating income reached SEK 3.661 billion in Q2 2026, while net income was SEK 2.230 billion. Telia generated SEK 6.203 billion in operating cash flow during the same quarter, giving investors a second lens beyond the revenue comparison.

Target price moves to SEK 47

Handelsbanken raised its Telia recommendation from Sell to Hold and increased its price target from SEK 45 to SEK 47 on September 14, 2026, according to MarketScreener. The new target stands 3.5 percent above the September 23 price, so the change represents a measured reassessment rather than a large valuation reset.

Telia's market capitalization was SEK 178.478 billion on September 23, 2026. Trading volume reached 5,349,575 shares, below the 30-day average volume of 6,027,202 shares, which puts the session decline in a lower-volume setting.

Q3 date sets the next checkpoint

Telia is scheduled to release its Q3 2026 results on October 20, 2026, according to MarketScreener. Until then, the key comparison remains the SEK 20.705 billion Q2 revenue result against the SEK 20.593 billion forecast, while the stock remains SEK 6.29 below its 52-week high.