Cellnex Telecom stock forecast: Third-party price targets
Cellnex Telecom is a European wireless infrastructure operator listed in Spain, focused on mobile towers and connectivity assets across multiple markets. Explore third-party CLNX price targets and technical analysis.
Cellnex Telecom, S.A. (CLNX) is trading around €25.36 in intraday European dealing, moving within a session range of approximately €24.96–€25.65 as of 4:09pm UTC on 28 January 2026, based on Capital.com pricing data. The stock is fluctuating near the middle of this intraday band, suggesting relatively contained price movement within the day’s established high and low levels. Past performance is not a reliable indicator of future results.
The move comes amid ongoing portfolio streamlining after Cellnex agreed to sell its French data centre unit Towerlink to Vauban Infra Fibre for about €391 million in cash, a step framed by the company as part of a broader effort to concentrate on core tower assets and reduce leverage (Data Center Dynamics, 26 January 2026). This follows previously announced plans to return up to €1 billion to shareholders via dividends and buybacks through 2026 (The Corner, 7 November 2025).
Cellnex Telecom stock forecast 2026–2030: Third-party price targets
As of 28 January 2026, third-party Cellnex Telecom stock predictions reflect a broad range of views on the stock’s potential, shaped by differing assumptions around interest rates, tower demand, balance-sheet priorities and wider European equity sentiment. The following summaries outline selected third-party 12-month price objectives and the context behind them.
Yahoo Finance (aggregated broker data)
Data on one-year price objectives collated by Yahoo Finance indicates an average 12-month target of €37.95 for Cellnex, with individual broker estimates ranging from approximately €21 to €49.70. The service highlights a spread of analyst recommendations around a 'Strong Buy' aggregate, while also noting sensitivity to assumptions around cash-flow development and eurozone interest-rate conditions (Yahoo Finance, 28 January 2026).
Investing.com (consensus estimates page)
Investing.com’s CLNX stock forecast consensus page shows an average 12-month Cellnex price target of around €37.95, with a stated high estimate of €49.70 and a low of €21 from 24 analysts. The platform presents this range as reflecting analyst perspectives on European tower demand, inflation trends and discount-rate assumptions applied to infrastructure cash flows (Investing.com, 28 January 2026).
Fintel (target-price summary)
Fintel summarises an average one-year Cellnex target price of about €40.49, with underlying broker forecasts ranging from €24.20 to €52.10. The service notes that its monthly updates aggregate published broker research and that targets may shift as earnings results, funding costs or corporate actions change over time (Fintel, 28 January 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
CLNX stock price: Technical overview
The CLNX stock price is holding near €25.36 as of 4:09pm UTC on 28 January 2026, trading below a broad moving-average cluster, with the 20-, 50-, 100- and 200-day simple moving averages around €26, €26, €27 and €30 respectively. The 14-day RSI sits near 41, placing momentum in lower-neutral territory, while the ADX around 21 suggests a trend that is present but not strongly established.
On the topside, the nearest classic pivot above spot is R1 near €28.43, with R2 around €29.43 coming into focus only after a sustained daily close above the first resistance level. On the downside, the classic pivot at €26.65 acts as an initial reference, followed by the 100-day SMA near €27.36 as a key moving-average area, while S1 around €25.65 represents additional support if the price weakens further (TradingView, 28 January 2026).
This technical commentary is provided for informational purposes only and does not constitute financial advice or a recommendation to trade.
Cellnex Telecom share price history (2024–2026)
CLNX’s stock price has undergone a clear shift over the past two years, moving from the mid-€30s in early 2024 to the mid-€20s by late January 2026. Through much of 2024, the stock traded in a €33–€36 range, with several moves above €36 in October before easing back into the low-€30s by spring 2025.
In 2025, the price briefly rose above €35 in early May, before trending lower into the high-€20s and low-€30s over the summer and autumn. The decline extended towards €25–€27 into year-end. By 28 January 2026, Cellnex closed at about €25.43, marking a notable pullback from the prior year’s highs while remaining above the session’s intraday low near €24.99.
Past performance is not a reliable indicator of future results.
Cellnex Telecom (CLNX): Capital.com analyst view
Cellnex Telecom’s share price has retreated from the low- to mid-€30s seen for much of 2024 and early 2025 to trade closer to the mid-€20s by late January 2026. This shift reflects a combination of higher interest-rate expectations and a broader de-rating across tower and infrastructure-focused equities. For some traders, this adjustment may make the stock appear more accessible relative to earlier peaks, while also underscoring the sensitivity of longer-duration assets to changes in financing conditions and sector sentiment.
From a fundamentals perspective, Cellnex continues to highlight organic growth and asset rotation. Recent results point to mid-single-digit revenue and EBITDA growth, improving free cash flow and ongoing use of disposals and shareholder returns within its capital-allocation framework. Longer-term demand for wireless infrastructure and 5G densification is often cited as a potential structural support, while a more cautious view focuses on execution risks around deleveraging, future tower contract terms and the possibility that renewed interest-rate pressures could limit upside or weigh on the share price.
Summary – Cellnex Telecom 2026
- Cellnex Telecom traded largely in the low- to mid-€30s through early 2025 before trending lower into the high-€20s by the end of the year.
- The share closed around €27.43 on 31 December 2025, down from levels above €35 seen in late April and early May.
- Intraday ranges during 2025 were relatively contained, with most daily lows holding above €29 in the first half of the year before easing towards the mid-€20s in the final quarter.
- By January 2026, the price had moved further into the mid-€20s, marking a clear step down from the previous year’s highs while remaining above the period’s lowest levels.
- Technical readings show the spot price trading below key moving-average groupings, with the 20- to 200-day SMAs clustered in the mid- to high-€20s, pointing to a more cautious near-term technical configuration rather than a clearly defined trend.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Cellnex Telecom stock?
Cellnex Telecom has a widely distributed shareholder base, with significant ownership held by institutional investors such as pension funds, asset managers and sovereign-related investment vehicles. These shareholders typically adopt longer-term positions linked to infrastructure exposure, rather than short-term price movements. The company also has a broad free float across European and global markets, meaning no single shareholder exerts full control over the stock’s direction or the company’s strategic decisions.
What is the five-year Cellnex Telecom share price forecast?
There is no single agreed five-year CLNX stock forecast. Longer-term projections vary widely and depend on assumptions around interest rates, refinancing costs, tower demand, asset sales and regulatory conditions. While some analysts model gradual recovery linked to infrastructure-related growth themes, others remain cautious due to leverage and interest-rate sensitivity. For this reason, longer-term forecasts are often best viewed as scenario-based estimates rather than precise expectations.
Is Cellnex Telecom a good stock to buy?
Whether Cellnex Telecom is considered attractive depends on individual objectives, risk tolerance and time horizon. Some market participants focus on the company’s recurring revenue profile and long-term demand for wireless infrastructure, while others highlight sensitivity to financing conditions and execution-related risks. The stock has experienced notable price volatility in recent years, illustrating that potential opportunities and risks may exist at the same time rather than pointing to a single directional conclusion.
Could Cellnex Telecom stock go up or down?
Cellnex Telecom’s share price can move both higher and lower, influenced by factors such as earnings updates, interest-rate expectations, asset sales, regulatory developments and broader equity-market sentiment. As an infrastructure-focused business, the stock has shown sensitivity to changes in funding costs and valuation assumptions. Short-term price movements may also reflect technical factors and market positioning, rather than shifts in the company’s underlying operating performance.
Should I invest in Cellnex Telecom stock?
This article does not provide investment advice or recommendations. Deciding whether to invest in Cellnex Telecom involves assessing personal financial circumstances, risk appetite and understanding of equity-market risks. Share prices can fluctuate, and past performance does not predict future outcomes. Many market participants choose to carry out additional research or seek independent professional guidance before making decisions involving individual shares or equity-linked products.
Can I trade Cellnex Telecom CFDs on Capital.com?
Yes, you can trade Cellnex Telecom CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.