Deutsche Telekom stock forecast: Third-party price targets
Deutsche Telekom AG is a German-listed telecommunications group with operations across Europe and the US, providing mobile, fixed-line, broadband and digital services. Explore third-party DTE price targets and technical analysis.
Deutsche Telekom AG (DTE) is trading around €28.69 as of 11:07am UTC on 2 February 2026, within an intraday range of approximately €27.25–€28.77, according to prices quoted on the Capital.com platform. Past performance is not a reliable indicator of future results.
The move comes amid continued focus on Deutsche Telekom’s latest reported quarterly figures, after the group reported third-quarter 2025 net revenue of €28.9bn, up 1.5% year-on-year in organic terms. Service revenue increased 2.2%, while adjusted EBITDA AL rose 0.2%. At the same time, free cash flow AL for the quarter declined 9.2% to €5.6bn, reflecting ongoing network and digital infrastructure investment. Investor attention is also on the company’s financial calendar, with Deutsche Telekom stating it plans to publish full-year 2025 results on 26 February 2026 (Deutsche Telekom, 13 November 2025).
Deutsche Telekom stock forecast 2026–2030: Third-party price targets
As of 2 February 2026, third-party Deutsche Telekom stock predictions indicate a range of medium-term views that reflect differing assumptions around earnings expectations, sector regulation and broader European telecom valuations. These targets typically refer to 12-month horizons and are not guarantees of future performance, instead reflecting each institution’s own methodologies and outlooks.
UBS (broker research)
UBS maintains a 12-month price target of €35.70 for Deutsche Telekom, reiterating its rating in a report that highlights recent share-price weakness since mid-2025. The broker notes potential scope for sentiment to improve around upcoming capital-markets events at Verizon and T-Mobile US, alongside Deutsche Telekom’s scheduled results release at the end of February 2026 (MarketScreener, 27 January 2026).
Stockscan.io (model-based forecast)
Stockscan.io’s latest update shows an average 12-month target of about $28.35 for Deutsche Telekom’s US-listed shares (DTEGF), with individual analyst estimates ranging from roughly $26.93 to $28.60. The service states that these figures reflect an aggregation of analyst projections alongside its in-house modelling of expected share performance over the coming year (Stockscan.io, 1 February 2026).
StocksGuide (valuation snapshot)
StocksGuide’s dividend and valuation overview reports that Deutsche Telekom is trading on a price/earnings ratio of 11.12 and a price/sales ratio of 1.15. It also cites a 2026 'stock forecast' consistent with a forward P/E of 13.72 and a P/S of 1.14 for the current financial year. The site indicates that these implied valuation metrics are derived from analyst estimates for earnings and revenue growth as the group continues its investment and payout policy (StocksGuide, 5 January 2026).
MarketScreener (consensus compilation)
MarketScreener’s consensus page for Deutsche Telekom shows broker targets averaging in the high-€30s, with individual 12-month objectives clustered between the low-€30s and low-€40s. The platform explains that its consensus is calculated from a panel of covering analysts and incorporates their assumptions on margins, cash flow and regulatory developments within the European telecom sector (MarketScreener, 29 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.
DTE stock price: Technical overview
The DTE stock price is trading around €28.69 as of 11:07am UTC on 2 February 2026, holding above a closely grouped set of moving averages, with the 20-, 50-, 100- and 200-day SMAs near 27.6, 27.4, 28.1 and 29.8 respectively. The 14-day RSI, around 62.8, sits in upper-neutral territory, while an ADX reading near 16.4 points to a developing trend rather than a strongly directional move.
On the topside, the nearest classic pivot above price is R1 around 29.4, with R2 near 30.6 only becoming relevant on a sustained daily close above initial resistance. On pullbacks, the classic pivot at 27.7 provides initial support, while the 100-day SMA near 28.1 marks a notable moving-average reference. A sustained break below this area could open the way toward the S1 zone near 26.5 if downside pressure were to extend (TradingView, 2 February 2026)
This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Deutsche Telekom share price history (2024–2026)
DTE’s stock price has trended higher overall over the past two years, moving from the low-€20s in mid-2024 to the high-€20s by early 2026. The stock traded around €22–€23 in spring 2024 before gradually advancing through the summer, breaking above €25 in August and moving into the €26–€29 range by late 2024 as broader market conditions improved.
Momentum accelerated in early 2025, with DTE trading above €30 in January and reaching a closing high near €35 in early April. The price then eased back into the low-€30s over the summer and into the high-€20s towards year-end, with the stock trading just below €28 by 30 December 2025. Through January 2026, price action has stabilised, with prices largely between €27 and €28.80, including a most recent close of €28.78 on 2 February 2026.
Past performance is not a reliable indicator of future results.
Deutsche Telekom (DTE): Capital.com analyst view
Deutsche Telekom AG’s share price has spent much of the past two years moving higher overall, rising from the low-€20s in mid-2024 to the high-€20s by early 2026. A strong run through 2024 saw the T-Share close the year at €28.89, representing a 32.8% annual gain. This performance has coincided with steady service-revenue growth, expanding free cash flow and ongoing share buy-backs. However, the pullback from levels above €34 in early 2025 into the current €27–€29 range also illustrates how sentiment can soften when valuations appear stretched or when results and guidance are already widely anticipated.
From a fundamentals perspective, Deutsche Telekom’s raised guidance for 2025 and continued investment in 5G and fibre build-out are often cited as potential supports for the equity story. Its history of dividend growth and buy-backs may also appeal to income-focused and longer-term investors. At the same time, elevated capital-expenditure requirements, competitive pressure in core European markets and any shortfall versus guidance could weigh on the share price. The stock also tends to move with broader risk sentiment and sector trends, meaning changes in interest rates, regulation or telecom-sector outlooks can influence price performance over shorter horizons, independent of company-specific delivery.
Capital.com’s client sentiment for Deutsche Telekom CFDs
As of 2 February 2026, Capital.com client positioning in Deutsche Telekom CFDs shows 96.7% buyers versus 3.3% sellers, representing a heavily one-sided long bias that places buyers ahead by around 93.4 percentage points. This data reflects a snapshot of open positions on the Capital.com platform and can change over time.
Summary – Deutsche Telekom 2026
- Deutsche Telekom AG (DTE) is quoted around €28.69 as of 11:07am UTC on 2 February 2026, following a two-year trading range that has spanned roughly €22 to €35.
- The share price rose strongly through 2024 and early 2025, reaching closing levels above €34 in April 2025, before easing back into the high-€20s towards the end of 2025 and into early 2026.
- Technical indicators show DTE holding above a 20-, 50- and 100-day moving-average cluster around €27–€28, with the 14-day RSI near 63 in upper-neutral territory and ADX suggesting a developing, but not strong, trend.
- Recent fundamentals include third-quarter 2025 revenue of €28.9bn, modest organic growth in service revenue and adjusted EBITDA AL, and lower free cash flow AL linked to ongoing investment.
- Third-party commentary points to guidance, capital expenditure on 5G and fibre, dividends and buy-backs as potential influences on valuation, while competition, regulation and broader market risk appetite remain factors that could move the share price in either direction.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Deutsche Telekom stock?
Deutsche Telekom AG has a shareholder structure that combines public and institutional ownership. The largest single shareholder is the German federal government, which holds a significant stake both directly and through the state-owned development bank KfW. The remainder of the shares are widely held among institutional investors, funds and private shareholders. This ownership mix means the stock may be influenced by both market dynamics and longer-term public-sector considerations.
What is the five-year Deutsche Telekom share price forecast?
There is no single, definitive five-year share price forecast for Deutsche Telekom. Most publicly available forecasts focus on 12-month horizons and tend to be based on assumptions around earnings, cash flow, capital expenditure and regulation. Over longer periods, the share price can also be influenced by factors such as network investment returns, competitive pressures and broader market conditions. As a result, longer-term projections remain inherently uncertain and are generally treated as indicative rather than predictive.
Is Deutsche Telekom a good stock to buy?
Whether Deutsche Telekom is considered a 'good' stock depends on an individual’s objectives, risk tolerance and time horizon. Some market participants focus on the company’s scale, service-revenue growth and shareholder returns, while others highlight its capital intensity, competitive markets and regulatory exposure as ongoing risks. Share price performance may also reflect wider telecom-sector sentiment and macroeconomic conditions. Any assessment should consider both potential opportunities and the possibility of adverse outcomes.
Could Deutsche Telekom stock go up or down?
Like all listed shares, Deutsche Telekom’s stock price can move in either direction. Changes in earnings, guidance, capital expenditure, regulation or competitive dynamics can influence valuation, while broader factors such as interest rates, risk appetite and overall equity-market trends may also play a role. Short-term price movements do not always align with longer-term fundamentals, meaning the share price can fluctuate even when company performance remains relatively stable.
Should I invest in Deutsche Telekom stock?
This article does not provide investment advice or recommendations. Deciding whether to invest in Deutsche Telekom stock requires consideration of personal financial circumstances, risk appetite and investment goals. Equity investments carry the risk of loss as well as the potential for returns, and past performance is not a reliable indicator of future results. Some investors may also seek independent financial advice before making decisions involving individual shares or complex market exposure.
Can I trade Deutsche Telekom CFDs on Capital.com?
Yes, you can trade Deutsche Telekom 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.