The price of TEO is predicted to go up 8.56%, based on the high correlation periods with GECC. The similarity of these two price pattern on the periods is 96.58%.
TEO
GECC
Up: 8.56%Similarity: 96.58%
TEO Revenue Forecast
TEO EPS Forecast
TEO FAQs
What is bull’s view on TEO?
TEO stock closed at $12.20 on January 31, 2025, down 5.21% during regular trading but showed a pre-market gain of 2.41%. The bull case hinges on its oversold RSI of 29.7, indicating potential buying opportunities as selling pressure may be exhausted. Additionally, its focus on 4G/5G expansion and reduced financial debt supports a recovery outlook.
What is bear's view on TEO?
TEO stock is bearish due to weak fundamentals and technicals. The stock trades near $5.99, close to its 52-week low of $4.50, reflecting poor investor sentiment despite being oversold (RSI 29.7). Revenue declines (-10.4% YTD 2024) and inflationary challenges overshadow its recovery efforts in service revenues and debt reduction.
What is TEO revenue forecast for next quarter?
The market consensus for TEO's revenue in the upcoming quarter is projected to be approximately $991.648M ARS.
What is TEO eps forecast for next quarter?
The market consensus for TEO's eps in the upcoming quarter is projected to be approximately $0.03 ARS.
Scotiabank analyst Andres Coello downgraded Telecom Argentina to Underperform from Sector Perform with a price target of $6.10, up from $5.70. The 45% shared rally since mid-August more likely reflects the macro sentiment, not fundamentals, the analyst tells investors in a research note. The firm says Telecom Argentina's equity yield at 9.1% is below funding costs at 9.8%.