Should You Buy Telecom Argentina SA (TEO) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
13.730
1 Day change
0.73%
52 Week Range
13.730
Analysis Updated At
2026/01/26
Telecom Argentina SA (TEO) is not a strong buy at this moment for a beginner investor with a long-term strategy. Despite positive financial growth trends and reduced macro risk, the stock's technical indicators suggest it is overbought, and there are no strong proprietary trading signals or significant catalysts to justify an immediate purchase. A hold position is recommended until a better entry point arises.
Technical Analysis
The MACD is positive and expanding (0.16), indicating bullish momentum. The RSI is at 81.666, signaling overbought conditions. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading above its pivot point (11.703) and nearing resistance levels (R1: 12.599, R2: 13.153).
Options Data
Bearish
Open Interest Put-Call Ratio
Neutral
Option Volume Put-Call Ratio
Technical Summary
Sell
5
Buy
9
Positive Catalysts
Net income improved significantly, up 765.87% YoY. Morgan Stanley upgraded the stock with a higher price target of $11, citing reduced macro risk in Argentina.
Neutral/Negative Catalysts
The RSI indicates the stock is overbought, suggesting a potential pullback. Net income is still negative (-$150.64M), and EPS remains in the negative territory (-0.07). No recent news or significant trading trends from hedge funds or insiders.
Financial Performance
In Q3 2025, Telecom Argentina showed strong growth with a 48.52% YoY revenue increase and a 765.87% YoY improvement in net income. EPS improved by 600% YoY but remains negative at -0.07. Gross margin rose to 63.89%, up 43.12% YoY.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Morgan Stanley upgraded the stock from Underweight to Equal Weight with a price target increase from $7 to $11, citing reduced macroeconomic risk in Argentina and improved risk-reward.
Wall Street analysts forecast TEO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEO is 10 USD with a low forecast of 9 USD and a high forecast of 11 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast TEO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TEO is 10 USD with a low forecast of 9 USD and a high forecast of 11 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
2 Hold
0 Sell
Hold
Current: 13.630
Low
9
Averages
10
High
11
Current: 13.630
Low
9
Averages
10
High
11
Morgan Stanley
Underweight -> Equal Weight
upgrade
$7 -> $11
AI Analysis
2025-10-28
Reason
Morgan Stanley
Price Target
$7 -> $11
AI Analysis
2025-10-28
upgrade
Underweight -> Equal Weight
Reason
Morgan Stanley upgraded Telecom Argentina to Equal Weight from Underweight with a price target of $11, up from $7. The firm believes that electoral results in Argentina reduce macro risk and improve the risk reward, the analyst tells investors.
JPMorgan
Neutral
downgrade
$11 -> $10
2025-10-15
Reason
JPMorgan
Price Target
$11 -> $10
2025-10-15
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Telecom Argentina to $10 from $11 and keeps a Neutral rating on the shares. The firm reduced estimates post the Q2 report on a combination of lower growth expectations for TMA and a slower margin ramp-up for TEO.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TEO