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Cellcom Israel (IL:CEL)
TASE:CEL
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Cellcom (CEL) AI Stock Analysis

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IL:CEL

Cellcom

(TASE:CEL)

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Outperform 74 (OpenAI - Gpt-5.6Sol)
Rating:74Outperform
Price Target:
3,683.00
▲(4.96% Upside)
Action:Upgraded
Date:08/19/26
The score is driven primarily by improved financial performance (stronger margins, better leverage metrics, and solid free cash flow) and supportive valuation (low P/E with a high dividend yield). Offsetting these strengths, technicals are mixed with the price still below longer-term moving averages and a negative MACD, indicating momentum is not yet strongly positive.
Positive Factors
Improved Profitability
The sharp improvement in net and operating margins strengthens earnings capacity and provides greater resilience. If maintained, better profitability can support reinvestment, debt service and shareholder returns over the next several periods.
Negative Factors
Volatile Revenue Growth
The sharp swing from contraction to rebound makes the growth profile difficult to assess and raises questions about consistency. Uneven revenue can complicate capacity planning and leave future earnings more sensitive to pricing and customer trends.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Profitability
The sharp improvement in net and operating margins strengthens earnings capacity and provides greater resilience. If maintained, better profitability can support reinvestment, debt service and shareholder returns over the next several periods.
Read all positive factors

Cellcom (CEL) vs. iShares MSCI Israel ETF (EIS)

Cellcom Business Overview & Revenue Model

Company Description
Cellcom Israel Ltd. provides cellular communications services in Israel. The company offers wired communication services, including internet access and infrastructure, television services over the Internet, fixed telephony, and transmission servic...
How the Company Makes Money
Cellcom primarily makes money by charging recurring service fees for telecommunications access and usage. Key revenue streams typically include: (1) Mobile services revenue from monthly subscription plans (postpaid and prepaid), which may bundle v...

Cellcom Financial Statement Overview

Summary
Financial performance is improved but not fully stable: profitability stepped up sharply in the latest TTM (net margin ~14.5%, EBIT margin ~11.0%), leverage metrics improved (debt-to-equity ~0.69) and ROE strengthened (~21.9%), and free cash flow is healthy (~810M). The main constraint is volatility—revenue has been uneven (2025 decline followed by a large TTM rebound) and cash flow/debt coverage is good but not exceptionally fast (OCF ~56% of total debt).
Income Statement
74
Positive
Balance Sheet
67
Positive
Cash Flow
71
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.16B4.24B4.44B4.40B4.30B4.10B
Gross Profit1.52B1.13B1.41B1.34B1.27B1.14B
EBITDA1.40B1.35B1.31B1.22B1.20B1.10B
Net Income604.00M564.00M173.00M134.00M157.00M27.00M
Balance Sheet
Total Assets6.20B6.50B6.50B6.62B7.00B6.57B
Cash, Cash Equivalents and Short-Term Investments247.00M487.00M371.00M497.00M773.00M644.00M
Total Debt1.93B2.21B2.66B2.99B3.61B3.42B
Total Liabilities3.39B3.67B4.05B4.36B4.89B4.65B
Stockholders Equity2.81B2.83B2.45B2.26B2.10B1.92B
Cash Flow
Free Cash Flow810.00M740.00M530.00M510.00M484.00M454.00M
Operating Cash Flow1.16B1.15B1.20B1.17B1.08B1.05B
Investing Cash Flow-53.00M-95.00M-654.00M-525.00M-704.00M-192.00M
Financing Cash Flow-1.17B-946.00M-642.00M-949.00M-243.00M-933.00M

Cellcom Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3509.00
Price Trends
50DMA
3249.02
Positive
100DMA
3397.18
Positive
200DMA
3497.07
Positive
Market Momentum
MACD
71.24
Negative
RSI
64.01
Neutral
STOCH
80.78
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:CEL, the sentiment is Positive. The current price of 3509 is above the 20-day moving average (MA) of 3318.70, above the 50-day MA of 3249.02, and above the 200-day MA of 3497.07, indicating a bullish trend. The MACD of 71.24 indicates Negative momentum. The RSI at 64.01 is Neutral, neither overbought nor oversold. The STOCH value of 80.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:CEL.

Cellcom Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₪5.97B9.849.92%5.36%-4.74%154.35%
74
Outperform
₪266.11M9.154.87%68.18%
67
Neutral
₪21.59B18.0754.58%5.47%-1.62%-1.00%
63
Neutral
₪6.95B21.926.30%-3.67%7.73%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:CEL
Cellcom
3,517.00
684.66
24.17%
IL:BEZQ
Bezeq
777.80
198.28
34.21%
IL:SCC
Space Com
159.00
52.87
49.82%
IL:PTNR
Partner
3,715.00
768.03
26.06%
IL:GLTL
Gilat Telecom
225.40
126.80
128.60%
IL:NXTM
Nextcom
1,298.00
442.80
51.78%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 19, 2026