Telecom Argentina (TEO) Stock Forecast and Price Target (2026)

The average target of $17.12 sits well above the $10.43 price, +64.1%. The median is $17.00, and where the two differ the median is the steadier read, because one unusually high or low target cannot drag it.

The published targets span $9.20 to $22.00. That gap is 75% of the average target, which counts as wide disagreement. A spread that wide is the most informative number on this page: analysts who all follow the company closely cannot agree within a factor that large, which means the outcome depends on assumptions nobody can settle yet.

The useful move is to read the high target as one bull scenario and the low target as one bear scenario, then ask which set of assumptions you find more plausible. Both cases are worked through on the TEO is it a buy page.

In the last six months there have been 4 raises and 1 cut among these actions. The direction of revisions is often more telling than the level, because it shows which way informed opinion is moving.

Of the analysts with a published rating, 5 say buy, 0 say hold, and 1 says sell, so 83% carry a buy. That buy share has risen over the last three months, so sentiment is drifting more positive.

The distribution says more than the label. Sell ratings are rare across the entire market for structural reasons, so a stock with no sell ratings is unremarkable, while even a handful of them is worth understanding.

• It is a 12-month model output. An analyst picks assumptions for revenue, margin, and a multiple, and the target falls out of the arithmetic. Change one assumption and the target moves a lot.
• The distribution is skewed. Sell-side coverage carries far more buy ratings than sell ratings across the whole market, so the average is not a balanced vote.
• Targets follow price as often as they lead it. Revisions frequently arrive after a move, not before, which is why a rising target is weak evidence on its own.
• Nobody is scored on it. There is no cost to a target that never gets close, so treat accuracy as unverified unless you check the firm's record yourself.

For the fiscal year ending Dec 2026, the 6 analysts publishing estimates on TEO expect earnings of $1.75 per share and revenue of $6.9 billion (+17%).

Estimates are the most widely published forecast there is: many more analysts model a company's earnings than publish a price target on it. They are also revised constantly, and the direction of those revisions into a report is often more informative than the level. Telecom Argentina next reports around November 9, 2026 (an estimated date), which is when these figures get tested against actual results.

Not a published one. Analyst price targets run to about twelve months, occasionally two years, and the firms covering TEO do not put out a 2030 number. Anything presenting one is extrapolating a growth rate of its own, and a figure produced that way tells you about the assumption chosen, not about the company.

The furthest-out consensus that exists is for the fiscal year ending Dec 2027: analysts expect earnings of $0.91 per share, -48% on the fiscal year ending Dec 2026 estimate of $1.75. Beyond that, nobody publishes estimates, so any later number is an extrapolation.

On the figures we hold as of November 2026, TEO trades at about 8.2 times trailing earnings and 11.4 times forward earnings. A forward multiple at or above the trailing one means the market is not pricing in earnings growth over the next year. Keep that in mind before assuming a long-horizon rise.

For a ten-year question, that frame is more useful. A share price is the market’s estimate of future cash flows discounted to today, so the multiple is already a statement about growth. The long-horizon question is whether Telecom Argentina can deliver what is priced in, and what would have to change for that to break. Both are answerable from the drivers and risks below. A number for 2030 is not.

In short: the drivers cited most often are Integrating Movistar Argentina while giving part of it away, Pricing above inflation as disinflation takes hold, Network spending and the convergent bundle. The risk cited most often against it is the single largest risk is that the reported numbers are an artifact of Argentine macro rather than operations: IAS 29 restatement, the inflation index chosen and the peso-versus-dollar path can move net income by hundreds of billions of pesos in either direction without a single subscriber changing behavior, and the 2025 full-year loss versus the 2026 first-half profit is the clearest illustration.

Both sides are worked through properly, with the high and low targets used as the bull and bear anchors, on the TEO is it a buy page.