Telenor ASA
TEL.OL · OSL
Market closed134.406.10 (+4.75%)
Key statistics
Previous close128.30
Open130.50
Day high135.40
Day low130.10
52-week high178.70
52-week low125.20
Market cap183.34B
Volume6.66M
Average volume1.74M
P/E ratio16.10
Forward P/E—
EPS8.35
Dividend yield+7.14%
Market context
Why it moved
TEL.OL (Telenor) surged as rising oil prices driven by escalating U.S.-Iran conflict and the near-closure of the Strait of Hormuz boosted energy-linked Norwegian market sentiment, while investors rotated out of tech stocks into more defensive and energy-adjacent sectors.
What is happening
Recent company-specific developments and publisher coverage.
The Globe and Mail · July 18, 2026Telenor ASA Earnings Call: Cautious Now, Big Bets AheadGuruFocus · July 17, 2026Telenor ASA (TELNY) Reports Q2 Revenue of NOK 14.679 BillionSmartkarma · July 17, 2026Telenor ASA (TEL) Earnings: 2Q Net Income Falls Short, Business Outlook Moderated for 2026Simply Wall Street · July 17, 2026TEL: Nordics Expansion And IoT Proceeds Will Support Upside Potentialwww.marketscreener.com · July 17, 2026Pareto Securities upgrades Telenor to buy (hold), target price NOK 150 (155)TradingView · July 16, 2026Key facts: Telenor Q2 net profit NOK 2.524bn; revises FCF to NOK 10bnBenzinga · July 16, 2026Transcript: Telenor Q2 2026 Earnings Conference CallMoomoo · July 16, 2026Telenor Says 2026 Is Transition Year on Several Fronts as It Delivers on Its Strategy Mt Newswire · July 17, 2026Danske Bank Upgrades Telenor to Buy Rating Mt Newswire · July 17, 2026Pareto Securities Upgrades Telenor to Buy, Trims PT Mt Newswire · July 8, 2026Telenor to Buy Controlling Stake in Sweden's Bahnhof Mt Newswire · June 25, 2026Telenor Unit Becomes Approved Supplier for UK Tactical Communication Systems Framework Mt Newswire · June 23, 2026Barclays Downgrades Telenor to Underweight, Cuts PT Mt Newswire · June 23, 2026Techstep, Telenor Land NOK200 Million Mobile Services Frame Deal in Norway Mt Newswire · June 22, 2026Svenska Handelsbanken Trims Telenor PT, Keeps Buy Rating Mt Newswire · June 11, 2026Berenberg: Telenor's Q2 Set to Further Weaken Amid Middle East, Spectrum Uncertainty; Price Target Up