Telenor (TEL.OL)

Telenor stock price today, ATLAS forecast and fair value

Communication Services · Telecom Services · Oslo Børs · Norway

NOK 127.70▲ +1.03%

Prices as of Oct 27, 2026 · NOK

ATLAS fair value

NOK 128.30

Close to fair value · 0% discount

Chance of rising in 1 month

54%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Telenor in ATLAS

ATLAS's own quantitative analysis, all in one place.

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
See everything included
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.

On Telenor

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.
Get started →

Plans from €3.99 a month.

ATLAS estimates Telenor's fair value at about NOK 128.30 per share (reasonable range: NOK 98.47 to NOK 165.50). At NOK 127.70, the stock trades within 8% of that figure: close to fair value.

It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Telenor a 54% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between NOK 124.04 and NOK 132.59; in 9 out of 10, between NOK 116.92 and NOK 140.67. Estimated annual volatility is 19%.

Price, last 12 months (weekly close)

Telenor (TEL.OL) — Price, last 12 months (weekly close)Oct 24, 2025: NOK 164.00. Oct 27, 2026: NOK 127.70. ▼Fair value NOK 128.30NOK 177.00NOK 124.50Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
NOK 166B
Market cap (USD)
$17.7B
P/E ratio
10.7
Dividend yield
7.72%
52-week high
NOK 178.70
52-week low
NOK 121.00
Revenue (12 months)
NOK 75.3B
Gross margin
64.9%
Operating margin
22.8%
Net margin
15.7%
Beta
0.26

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Telenor sits close to fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks TEL.OL has traded between NOK 121.00 and NOK 178.70. Today it is 28.5% below that high and 6% above its low.

On the business: net margin is 15.7%; it trades at 10.7 times earnings.

Its beta is 0.26: it tends to move less than the market.

About the company

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp.

Want to see everything about Telenor?

Get started →

Plans from €3.99 a month.

Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Telenor (TEL.OL) fair value?

About NOK 128.30 per share according to ATLAS (reasonable range: NOK 98.47 to NOK 165.50). With the stock at NOK 127.70, it is close to that value.

What is the chance TEL.OL goes up next month?

54%: close to a coin flip. In half of the simulated outcomes, TEL.OL ends the month between NOK 124.04 and NOK 132.59.

How big is Telenor and what is its P/E ratio?

Telenor's market capitalization is NOK 166B. Its price-to-earnings (P/E) ratio is 10.7: you pay NOK 10.7 for each NOK 1.00 of yearly earnings.

Does Telenor pay a dividend?

Yes. TEL.OL's current dividend yield is 7.72% at today's price (NOK 127.70).

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

ATLAS Signals

ATLAS Signals, every week

The week in the market, three stocks on ATLAS’s radar and what comes next. Get it every Monday.

By subscribing you agree to receive ATLAS Signals by email every Monday. You can unsubscribe with one click at any time. Privacy