Telenor ASA (TELNY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Telenor ASA (TELNY) trades at $14.21 with AI Score 46/100 (Grade C). Telenor ASA is a global telecommunications company based in Norway, providing mobile, fixed-line, and broadcasting services. Market cap: $19.4B, Sector: Communication services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for TELNY: TELNY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TELNY against Communication Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TELNY: this read rests on a single discipline (MoonshotScore) — the other council disciplines have no scored data yet.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Telenor ASA (TELNY) Media & Communications Profile
Telenor ASA, a Norwegian telecommunications giant, delivers mobile, fixed, and broadcasting services globally. With a strong foothold in Scandinavia and Asia, Telenor distinguishes itself through its extensive network infrastructure and diverse service offerings, navigating a competitive landscape with a focus on innovation and customer satisfaction.
What Is the Investment Thesis for TELNY?
Telenor ASA presents a compelling investment case based on its established market position, robust dividend yield of 5.55%, and strategic focus on digital transformation. The company's extensive network infrastructure and diverse service offerings provide a solid foundation for future growth. Key value drivers include expanding its presence in high-growth Asian markets and capitalizing on the increasing demand for data and digital services. However, investors may want to evaluate potential risks such as regulatory changes and intense competition. With a P/E ratio of 28.72 and a profit margin of 10.2%, Telenor demonstrates financial stability and growth potential.
Based on FMP financials and quantitative analysis
TELNY Key Highlights
Market capitalization of $19.4B reflects Telenor's significant presence in the telecommunications industry.
- Gross margin of 66.7% indicates efficient cost management and strong pricing power.
- Dividend yield of 5.55% offers an attractive income stream for investors.
- Beta of 0.31 suggests lower volatility compared to the overall market.
- Profit margin of 10.2% demonstrates profitability and operational efficiency.
Who Are TELNY's Competitors?
TELNY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AVIFY Advanced Info Service Public Company Limited | $11.70 | -7.51% | $34.8B | 49 |
| AVIVF Advanced Info Service Public Company Limited | $10.20 | +0.00% | $30.3B | 51 |
| BTGOF BT Group plc | $2.77 | +2.41% | $26.9B | 50 |
| CHWRF China Tower Corporation Limited | $1.14 | +0.00% | $19.9B | 56 |
| KKPNF Koninklijke KPN N.V. | $4.71 | +0.21% | $18.1B | 54 |
| RCI Rogers Communications Inc. | $36.13 | -1.09% | $19.5B | 55 |
| VIV Telefônica Brasil S.A. | $11.49 | +1.77% | $18.4B | 54 |
| VDMCY Vodacom Group Limited | $9.22 | -1.21% | $17.8B | 54 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TELNY's Key Strengths?
Strong market position in Scandinavia and Asia.
- Extensive network infrastructure and technological capabilities.
- Diversified service portfolio including mobile, fixed-line, and broadcasting.
- Robust financial performance and dividend yield.
What Are TELNY's Weaknesses?
Exposure to regulatory risks and political instability in certain markets.
- Intense competition from other telecommunications providers.
- Dependence on legacy technologies and infrastructure.
- Slower growth in mature markets.
What Could Drive TELNY Stock Higher?
TELNY catalyst: Expansion of 5G network infrastructure across key markets, driving increased data consumption and revenue growth.
- Digital transformation initiatives aimed at improving customer experience and operational efficiency.
- Potential strategic partnerships or acquisitions to expand market reach and service offerings.
- Development and launch of new IoT solutions for various industries.
- Regulatory approvals for new services and technologies in key markets.
What Are the Key Risks for TELNY?
Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 8 reported quarters.
- Regulatory changes and political instability in certain markets.
- Intense competition from other telecommunications providers and over-the-top (OTT) service providers.
- Cybersecurity threats and data breaches.
- Economic downturns and currency fluctuations.
- Dependence on legacy technologies and infrastructure.
What Are the Growth Opportunities for TELNY?
- Expansion in Asian Markets: Telenor has a significant presence in Asia, particularly in markets like Thailand, Malaysia, and Pakistan. These markets offer substantial growth potential due to increasing mobile penetration, rising disposable incomes, and growing demand for data services. Telenor can capitalize on this opportunity by expanding its network coverage, introducing innovative products and services, and targeting underserved populations. The Asian telecommunications market is projected to reach $500 billion by 2028, presenting a significant growth avenue for Telenor.
- Digital Transformation: Telenor is investing heavily in digital transformation to enhance its customer experience, improve operational efficiency, and develop new revenue streams. This includes initiatives such as cloud migration, automation, and the development of digital platforms. By embracing digital technologies, Telenor can streamline its processes, reduce costs, and offer personalized services to its customers.
- 5G Technology: The rollout of 5G technology presents a significant growth opportunity for Telenor. 5G offers faster speeds, lower latency, and greater network capacity, enabling new applications such as IoT, autonomous vehicles, and augmented reality. Telenor is investing in 5G infrastructure and developing new services to capitalize on this technology. The global 5G market is projected to reach $667.90 billion by 2030, driven by increasing demand for high-speed connectivity and innovative applications.
- IoT Solutions: The Internet of Things (IoT) is creating new opportunities for telecommunications companies to provide connectivity and data analytics services to businesses and consumers. Telenor is developing IoT solutions for various industries, including healthcare, transportation, and manufacturing. By leveraging its network infrastructure and expertise in data analytics, Telenor can help businesses optimize their operations, improve efficiency, and create new revenue streams. The global IoT market is expected to reach $1.46 trillion by 2027, presenting a significant growth opportunity for Telenor.
- Financial Services: Telenor is expanding its presence in the financial services sector by offering mobile payment solutions, microloans, and insurance products to its customers. This is particularly relevant in emerging markets where access to traditional banking services is limited. By leveraging its mobile network and customer base, Telenor can provide convenient and affordable financial services to underserved populations. The global mobile payment market is projected to reach $4.8 trillion by 2030, highlighting the potential for Telenor to capitalize on this trend.
What Are TELNY's Competitive Advantages?
- Extensive network infrastructure providing wide coverage and reliable connectivity.
- Strong brand recognition and customer loyalty in key markets.
- Strategic partnerships with technology providers and content creators.
- Regulatory licenses and spectrum rights providing competitive advantages.
What Does TELNY Do?
Founded in 1855 as a telegraph service, Telenor ASA has evolved into a leading telecommunications company with operations spanning across Scandinavia, Eastern Europe, and Asia. Headquartered in Fornebu, Norway, Telenor provides a comprehensive suite of services, including mobile communication, fixed-line communication, and broadcasting. Its mobile communication services encompass voice, data, internet, content, customer equipment, and messaging. The company's fixed-line services include telephony, internet and TV, leased lines, and data and managed services. Telenor also offers broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. Furthermore, Telenor is involved in machine-to-machine communication, internet-based services, and financial services. Telenor's strategic focus includes expanding its digital services and strengthening its network infrastructure to meet the growing demand for connectivity and data. With a history rooted in innovation and a commitment to providing reliable communication solutions, Telenor continues to adapt to the evolving needs of its customers and the dynamic telecommunications landscape.
What Products and Services Does TELNY Offer?
- Provides mobile communication services including voice, data, and internet.
- Offers fixed-line communication services such as telephony and internet.
- Delivers broadcasting services through satellite and terrestrial transmission.
- Provides machine-to-machine (M2M) communication solutions.
- Offers internet-based services and digital solutions.
- Provides financial services through mobile platforms.
How Does TELNY Make Money?
- Generates revenue from mobile subscriptions and data usage.
- Earns income from fixed-line internet and telephony services.
- Derives revenue from broadcasting and data communication services.
- Monetizes machine-to-machine (M2M) communication solutions.
What Industry Does TELNY Operate In?
Telenor operates in the highly competitive telecommunications industry, characterized by rapid technological advancements and evolving customer demands. The industry is witnessing a shift towards 5G technology, increasing data consumption, and the convergence of communication and digital services. Telenor competes with other major players like AVIVF (Telefonica Deutschland Holding AG) and BTGOF (BT Group plc), focusing on differentiation through network quality, service innovation, and customer experience. The global telecommunications market is expected to continue growing, driven by increasing mobile penetration and the adoption of digital technologies.
Who Are TELNY's Key Customers?
- Individual mobile subscribers.
- Businesses requiring fixed-line and internet services.
- Broadcasting companies utilizing satellite and terrestrial transmission.
- Enterprises adopting machine-to-machine (M2M) communication.
- Consumers using internet-based and financial services.
Company Profile
Telenor ASA operates in the Telecommunications Services industry within the Communication Services sector. It is headquartered in Fornebu, NO. The company is led by CEO Benedicte Schilbred Fasmer. TELNY has traded publicly since 2000.
Telenor ASA Financial Trajectory
Telenor ASA (TELNY) reported $18.14B in revenue for Q2 2026, a decline of 0.3% compared to the prior quarter. The company recorded net income of $2.52B, with diluted EPS of $1.85. Revenue has contracted over three consecutive quarters, which investors in this large-cap Communication Services stock should monitor closely. Across the four most recent quarters, TELNY averaged $2.37 in diluted EPS.
How Telenor ASA Is Valued
Telenor ASA carries a market capitalization of $19.4B, placing it in the large-cap category. Relative to its peer group, TELNY's quantitative score of 46/100 is roughly in line with the peer average of 52/100.
Key Financial Metrics
Return on equity for Telenor ASA stands at 18.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.3%, showing how much profit it generates from its asset base. TELNY trades at a trailing price-to-earnings ratio of 14.04, below the Communication Services sector average of ~18x. Its free cash flow yield is 9.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.32 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.1%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Telenor ASA's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.20 places it in the grey zone, a middle ground that warrants monitoring.
Earnings Track Record
Telenor ASA has missed Wall Street's EPS estimate in 6 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 4.5% below estimates on average.
Forward Outlook
Wall Street analysts project Telenor ASA revenue of about $76.20B for fiscal 2026, with EPS near $10.69. The estimate reflects 8 contributing analysts.
TELNY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Telenor's strategic direction, indicating potential growth.
- Community sentiment has shifted positively, with discussions highlighting Telenor's strong market position in the Nordic region.
- The company's focus on digital transformation and 5G expansion resonates well with tech-savvy investors seeking future growth.
- Recent partnerships in emerging markets are seen as a strong move to diversify revenue streams and enhance market presence.
Bear Case
- Concerns about regulatory challenges in Asian markets have surfaced, potentially impacting growth projections.
- Community discussions reflect skepticism about Telenor's ability to compete against aggressive local players in key markets.
- Recent earnings reports have shown mixed results, leading to doubts about the company's short-term performance.
- The overall telecom sector is facing headwinds from rising operational costs, which could pressure margins moving forward.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $18.14B | $2.52B | $1.85 |
| Q1 2026 | $18.20B | $8.21B | $6.00 |
| Q4 2025 | $19.84B | -$761M | -$0.56 |
| Q3 2025 | $20.00B | $2.98B | $2.19 |
Based on FMP financials and quantitative analysis
TELNY Latest News
No recent news available for TELNY.
TELNY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TELNY.
Price Targets
Wall Street price target analysis for TELNY.
TELNY MoonshotScore
What does this score mean?
The MoonshotScore rates TELNY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Benedicte Schilbred Fasmer
CEO
Benedicte Schilbred Fasmer is the CEO of Telenor ASA. Her background includes extensive experience in the financial services industry. Before joining Telenor, she held leadership positions at SpareBank 1 SR-Bank, a leading Norwegian financial institution, where she served as CEO. She also has experience from DNB, the largest financial services group in Norway. Fasmer holds a Master's degree in Business Administration from the Norwegian School of Economics (NHH).
Track Record: Since assuming the role of CEO, Benedicte Schilbred Fasmer has focused on driving Telenor's digital transformation and strengthening its position in key markets. Key initiatives include investments in 5G technology, expansion of digital services, and streamlining operations. Her leadership has been instrumental in navigating the evolving telecommunications landscape and positioning Telenor for future growth.
Telenor ASA ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. TELNY functions as a Level 1 ADR, meaning it trades on the over-the-counter (OTC) market. This allows U.S. investors to invest in Telenor ASA without directly dealing with foreign exchanges.
- Home Market Ticker: Oslo Stock Exchange (TELN), Norway
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: TELN
TELNY OTC Market Information
TELNY trades on the OTC Other tier, which represents the lowest tier of the OTC market. Companies on this tier often have limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. This means that investors may have less access to reliable financial information and face higher risks associated with transparency and disclosure.
- OTC Tier: OTC Other
- Limited regulatory oversight and reporting requirements.
- Potential for price manipulation and fraud.
- Lower trading volumes and wider bid-ask spreads.
- Higher risk of delisting or suspension of trading.
- Limited access to reliable financial information.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Monitor the company's news and announcements for any red flags.
- Established operating history and market presence.
- Reputable management team with relevant industry experience.
- Positive news coverage and analyst ratings.
- Compliance with applicable regulations and reporting requirements.
- Active investor relations and communication.
Common Questions About TELNY (Communication Services)
What does the AI Score mean for TELNY?
TELNY holds an AI Score of 46/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Telenor ASA is a global telecommunications company based in Norway, providing mobile, fixed-line, and broadcasting services. With a significant presence in the Nordic region and Asia, Telenor …
What does Telenor ASA do?
Telenor ASA is a global telecommunications company that provides a wide range of services, including mobile communication, fixed-line communication, and broadcasting. The company operates primarily in Scandinavia and Asia, offering voice, data, internet, and content services to individual subscribers and businesses. Telenor also provides machine-to-machine (M2M) communication solutions and internet-based services, positioning itself as a key player in the evolving digital landscape.
What do analysts say about TELNY stock?
Analyst consensus on TELNY stock is mixed, reflecting the challenges and opportunities in the telecommunications industry. Key valuation metrics include a P/E ratio of 28.72 and a dividend yield of 5.55%. Growth considerations include the company's expansion in Asian markets, investments in 5G technology, and digital transformation initiatives. Investors should conduct their own research and consider their individual risk tolerance before making any investment decisions.
What are the main risks for TELNY?
The main risks for Telenor ASA include regulatory changes, political instability in certain markets, intense competition from other telecommunications providers, cybersecurity threats, and economic downturns. The company's exposure to currency fluctuations and dependence on legacy technologies also pose challenges. Investors should carefully consider these risks and their potential impact on Telenor's financial performance and future growth prospects.
What are the key factors to evaluate for TELNY?
Telenor ASA (TELNY) holds an AI score of 46/100 (low). Telenor ASA presents a compelling investment case based on its established market position, robust dividend yield of 5.55%, and strategic focus on digital transformation. Not financial advice.
How frequently does TELNY data refresh on this page?
TELNY's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TELNY's recent stock price performance?
Telenor ASA (TELNY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market position in Scandinavia and Asia. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TELNY overvalued or undervalued right now?
Telenor ASA (TELNY) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research TELNY before investing?
Before investing in Telenor ASA (TELNY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and analysis as of March 16, 2026.
- Investment decisions should be made based on individual circumstances and risk tolerance.