Freenet stock forecast: Third-party price targets
Freenet is a German-listed telecoms company whose shares trade on the Frankfurt Exchange, with operations focused on mobile communications, TV services and related digital offerings. Explore third-party FNTN price targets and technical analysis.
Freenet AG (FNTN) is trading around €30.72 as of 2:02pm UTC on 2 February 2026, positioned near the upper end of its intraday range between €30.05 and €30.75 based on Capital.com pricing. This places the share close to recently reported levels in external data feeds, where the stock last closed near €30.44 on the German market. Past performance is not a reliable indicator of future results.
The stock is trading amid continued attention on Freenet’s 2025 financial performance, after the company confirmed its 2025 guidance and reported year-on-year adjusted EBITDA growth in the third quarter of 2025. That performance was supported by postpaid customer additions and IPTV-driven gross profit (Freenet, 5 November 2025). At the same time, investors are monitoring developments across Germany’s telecoms landscape, where policy initiatives such as the national gigabit and fibre rollout strategy aim to expand high-speed connectivity, potentially influencing the operating environment for telecom and connectivity providers (Prysmian, 2 February 2026). Freenet has scheduled the publication of its preliminary 2025 results for late February 2026, which could offer further insight into cash flow, dividend expectations, and segment-level trends (Yahoo Finance, 6 November 2025).
Freenet stock forecast 2026–2030: Third-party price targets
As of 2 February 2026, third-party Freenet stock predictions generally cluster between the mid-€20s and high-€30s on a 12-month horizon, based on broker research compiled in January 2026. The figures below summarise selected published targets and consensus indicators; they reflect third-party views rather than outcomes and are not guarantees.
UBS (broker target)
UBS maintains a 12-month target price of €28.50 for Freenet with a Hold recommendation. The bank’s stance reflects a balanced assessment of Freenet’s cash generation and dividend profile, set against competitive and regulatory considerations in the German telecoms market (MarketScreener, 13 January 2026).
Barclays (broker target)
Barclays sets a target price of €32 and a Hold recommendation for Freenet. The bank highlights stable mobile and TV revenue streams as supportive factors, while also noting that sector competition and broader macro conditions may limit valuation upside (Freenet, 2 February 2026).
Yahoo Finance / multi-broker (aggregated target)
Yahoo Finance reports an average 12-month price target for Freenet of €31.06, with a low of €26 and a high of €37.60 based on contributing brokers. This aggregation combines multiple banks’ models and is updated as new research is published, reflecting evolving assumptions around earnings, capital returns, and sector conditions (Yahoo Finance, 30 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.
FNTN stock price: Technical overview
The FNTN stock price is trading near €30.72 as of 2:02pm UTC on 2 February 2026, holding above a cluster of rising moving averages. The 20-, 50-, 100- and 200-day simple moving averages sit around €29.47, €28.87, €28.06 and €28.90 respectively, with a 20-over-50 alignment still intact. The 14-day RSI is near 69, placing it in an upper-neutral range rather than an extreme reading. Meanwhile, ADX around 21 suggests a developing but not yet strong trend environment, with MACD and short-term momentum indicators leaning positive rather than overstretched.
On the topside, the nearest classic pivot above spot is R1 around €31.27. A sustained daily close above this level would bring the €32.17 R2 zone into focus as the next resistance area. On pullbacks, the classic pivot near €29.67 marks initial support, while the 100-day SMA around €28.06 forms a deeper moving-average base. A decisive break below that region could expose the S1 area near €28.77 as the next downside reference (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.
Freenet share price history (2024–2026)
FNTN’s stock price spent much of 2024 trading in the mid-€20s, with the stock closing near €24.80 in late February 2024 before gradually moving higher through the summer and autumn into a €26–€27 range. By December 2024, the price had shifted into the high-€20s, with several sessions around €29 as attention turned towards full-year results and dividend considerations.
In 2025, price action became more volatile. The share climbed from around €28 in January towards the mid-€30s by May, briefly trading above €37 in early May, before retreating back into the high-€20s to low-€30s range by year-end. Through January 2026, the price has shown signs of stabilisation within that upper band, with Freenet closing near €29.63 at the start of the month and around €30.70 on 2 February 2026. This leaves the stock modestly higher year on year, while still below its 2025 highs.
Past performance is not a reliable indicator of future results.
Freenet (FNTN): Capital.com analyst view
Freenet’s share price has moved from the mid-€20s in early 2024 to trade around the low-€30s at the start of February 2026, reflecting a gradual, stepwise progression rather than a sustained one-directional rally. That path included a sharp advance into the mid-€30s in May 2025, followed by a pullback towards €30. This pattern highlights how periods of stronger momentum have alternated with phases of consolidation and volatility as market sentiment has shifted.
From a fundamental perspective, Freenet’s record EBITDA and free cash flow reported for 2024, alongside AGM approval of a higher €1.97 per-share dividend for that year, have drawn attention to its cash-generation profile and shareholder returns. At the same time, these factors can introduce sensitivity: higher payouts may raise expectations for future distributions, while any shortfall in cash flow, increased competition within Germany’s telecom and TV markets, or changes in interest rates and broader risk appetite could weigh on the shares. This remains relevant even as structural growth areas such as mobile data and connectivity continue to feature in longer-term sector narratives.
Summary – Freenet 2026
- Freenet’s share price traded mostly in the mid-€20s during early 2024 before gradually advancing into the high-€20s by year-end, reflecting a measured, stepwise move rather than a sharp re-rating.
- In 2025, the stock briefly moved into the mid-€30s, reaching highs above €37 in May, before retreating towards the high-€20s to low-€30s range. This period illustrated stronger momentum alongside recurring phases of volatility and consolidation.
- As of 2 February 2026, Freenet is quoted around €30.72 on Capital.com, near the upper end of its recent trading range, which has broadly spanned approximately €25 to €31 over much of the past year on this dataset.
- On the fundamental side, Freenet reported record 2024 EBITDA of about €521.5 million and free cash flow of €292.3 million, in line with or above guidance ranges that were revised higher during the year.
- Company guidance for 2025 points to adjusted EBITDA of €520–€540 million and free cash flow of €300–€320 million, with management also reiterating longer-term ambitions for higher EBITDA and cash flow by 2028, subject to market conditions and execution.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Freenet stock?
Freenet’s shareholder base includes a mix of institutional investors and retail shareholders, with no single owner holding an outright controlling stake. Larger positions are generally held by German and international asset managers, pension funds, and other investment vehicles, while company insiders and management also hold shares. Ownership levels can change over time as institutions rebalance portfolios, meaning reported holdings represent snapshots rather than permanent positions.
What is the five-year Freenet share price forecast?
There is no single, widely agreed five-year share price forecast for Freenet. Most published analyst research tends to focus on 12-month price targets rather than longer-term horizons. Over multi-year periods, Freenet’s share price is likely to reflect a combination of earnings performance, dividend policy, competitive dynamics within the German telecoms sector, regulatory developments, and broader market conditions. Longer-term outcomes remain uncertain and subject to changing assumptions and external influences.
Is Freenet a good stock to buy?
Whether Freenet is considered 'good' depends on an individual’s objectives, risk tolerance, and market outlook. The company has attracted attention for its cash generation and dividend payments, but it also operates in a competitive and regulated telecoms environment. Share prices can be influenced by earnings results, guidance updates, and sector-wide trends. This content is provided for general informational purposes only and should not be interpreted as a recommendation.
Could Freenet stock go up or down?
Like any listed share, Freenet’s stock price can move both up and down. Price movements may be driven by company-specific factors such as earnings releases or dividend announcements, as well as wider influences including interest rates, economic conditions, and sentiment towards telecom and media stocks. Short-term volatility may occur around results or news events, while longer-term performance depends on how expectations evolve over time.
Should I invest in Freenet stock?
Deciding whether to invest in Freenet stock requires careful consideration of your financial situation, objectives, and risk appetite. Shares can provide exposure to dividends and potential capital growth, but they also carry the risk of losses if prices fall. This article offers background information and analysis only and does not provide investment advice. You may wish to conduct further research or seek independent professional guidance.
Can I trade Freenet CFDs on Capital.com?
Yes, you can trade Freenet 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.