Telefonica Stock Forecast 2026–2030 | Future Outlook
Telefónica, S.A. (TEF) is trading around €3.36 in intraday European dealing on 23 January 2026, within a session range of approximately €3.26–€3.37 on Capital.com’s platform as of 10:51am UTC. Past performance is not a reliable indicator of future results.
Price action is unfolding amid several recent corporate and capital-market developments, including Telefónica’s move to voluntarily deregister from the US Securities and Exchange Commission and delist its American Depositary Shares from the NYSE (Reuters, 17 December 2025), a step expected to end SEC reporting obligations following a transition period (MarketScreener, 20 January 2026). The stock is also trading in the context of the company’s latest available…
