Cellnex Telecom SA stock analysis
Cellnex Telecom SA (0R9C) Share Price & Analysis
0R9C Stock Chart & Stats
- Day’s Range
- EUR 26.26 - EUR 26.98
- 52-Week Range
- EUR 21.85 - EUR 32.62
- Previous Close
- EUR 26.58
- Volume
- N/A
- Average Volume (3M)
- 190.03K
- Market Cap
- EUR 17.61B
- Enterprise Value
- EUR 36.37B
- Total Cash (Recent Filing)
- EUR 1.50B
- Total Debt (Recent Filing)
- EUR 22.13B
- Price to Earnings (P/E)
- ―
- Beta
- 1.26
- Next Earnings
- Mar 03, 2027 (Est.)
- EPS Estimate
- 0.2
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 2.72%
Bulls Say, Bears Say
Bulls Say
Organic Growth And High Margins
Cellnex is converting steady demand into revenue and EBITDA growth while expanding margins, indicating operating leverage in its infrastructure model. High EBITDA margins and lower cost per tower can support durable cash generation and strengthen resilience across the next several quarters.
Improving Free Cash Flow And Liquidity
The sharp improvement in free cash flow after investment, combined with substantial cash and undrawn committed facilities, improves funding flexibility. This gives Cellnex greater capacity to service debt, support operations, and sustain strategic investment through the medium term.
Recurring Contracted Infrastructure Model
Multi-year infrastructure contracts create recurring revenue visibility, while adding customers to existing sites can raise revenue with comparatively limited incremental operating cost. Network densification and rising mobile data usage provide structural demand support for this model.
Bears Say
High And Rising Leverage
Debt has increased materially faster than the company’s ability to absorb it, leaving leverage elevated and rising. Persistent losses make deleveraging harder, while higher obligations can reduce financial flexibility and constrain investment or shareholder-return decisions.
Persistent Net Losses
Although EBITDA performance is strong, recurring net losses show that operating profitability has not yet translated into bottom-line earnings. The deterioration in 2025 raises questions about earnings durability and limits the company’s ability to strengthen equity through retained profits.
Potentially Material Italian Investment Burden
Potential Italian coverage obligations could require a large increase in site deployment and related investment, adding execution complexity and pressure on capital allocation. If proposals lead to substantial spending, they could delay deleveraging and reduce free cash flow available for other uses.
Cellnex Telecom SA News
0R9C FAQ
What was Cellnex Telecom SA’s price range in the past 12 months?
What is Cellnex Telecom SA’s market cap?
When is Cellnex Telecom SA’s upcoming earnings report date?
How were Cellnex Telecom SA’s earnings last quarter?
Is Cellnex Telecom SA overvalued?
Does Cellnex Telecom SA pay dividends?
What is Cellnex Telecom SA’s EPS estimate?
How many shares outstanding does Cellnex Telecom SA have?
What happened to Cellnex Telecom SA’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Cellnex Telecom SA?
What is the TipRanks Smart Score and how is it calculated?
Cellnex Telecom SA Stock Smart Score
Company Description
Cellnex Telecom SA
Cellnex Telecom, S.A. is a leading provider and operator of wireless telecommunications infrastructure, with extensive operations spanning across several European countries, including Austria, Denmark, France, Ireland, Italy, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Its business is structured into three distinct divisions: Telecom Infrastructure Services, Broadcasting Networks, and a comprehensive Network Services and Others segment. Under Telecom Infrastructure, Cellnex provides co-location facilities, enabling mobile network operators to house their telecommunications and wireless broadcasting apparatus. It also deploys advanced Distributed Antenna Systems (DAS) and small cells – integrated networks of geographically dispersed antenna nodes that deliver seamless wireless connectivity. The Broadcasting Networks division encompasses a wide range of offerings, from various forms of Digital Terrestrial Television (DTT) – including standard, hybrid, satellite, and premium DTT – to FM and digital radio broadcasts. Furthermore, it delivers internet-based media services, such as multi-screen video platforms, digital business support tools, and efficient content distribution. Its Network Services and Others segment is broad, extending to critical data transportation, which includes satellite links, digital terrestrial circuits, direct connections to Amazon services, and general internet throughput. This segment also manages security and control solutions, comprising dedicated security and emergency networks, specialized terminals, forest fire early warning systems, and central control facilities. Additionally, it develops smart communication networks, offering wireless broadband, innovative irrigation management for rural areas, and a suite of Internet of Things (IoT) services. Complementing these, Cellnex provides smart city management solutions, expert engineering and consulting, and comprehensive operation and maintenance services. The company is also active in the construction and management of fiber optic telecommunication networks. Cellnex caters to a diverse clientele, including mobile network operators, broadcast media companies, and public administrations. Founded in 2008, the company was originally known as Abertis Telecom Terrestre, S.A.U., before rebranding as Cellnex Telecom, S.A. in April 2015. Its corporate headquarters are situated in Madrid, Spain.
- Sector
- Realestate
- Industry
- Telecommunications Services
- CEO
- Marco Emilio Angelo Patuano
- Employees
- 2,494
- Website
- www.cellnex.com
- Address
- Juan EsplandiU, 11-13, Madrid, CT, 28007, ES
Cellnex Telecom SA (0R9C) Earnings & Revenues
0R9C Company Deck
0R9C Earnings Call
Earnings Call SentimentPositive
The call emphasized clear and measurable operational and financial progress: predictable organic PoP growth (~+4.9%), margin expansion (~+200 bps), significant free cash flow improvement (FCF after expansion/BTS CapEx ~EUR 301m versus ~EUR 19m prior year), strong liquidity (~EUR 5.3bn) and active shareholder returns (EUR 1bn total in 2026). Commercial momentum was evidenced by multiple contract renewals and new Build‑to‑Suit/neutral‑host wins. Challenges include regulatory uncertainty (notably in France and potential obligations in Italy), slower-than-expected consolidation-driven densification in the U.K., normalization of Build‑to‑Suit activity reducing a prior growth tailwind, and some market/valuation noise. On balance, the positives — improved margins, cash generation, liquidity and shareholder returns — materially outweigh the listed headwinds, which are important but manageable or longer‑term in nature.
View all GB:0R9C earnings summaries0R9C Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 6 | 2 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 11 | 0 | 1 |
