TEO · NYSE · Telecommunications Services

Telecom Argentina (ADR) (TEO)

Connects Argentine customers through fixed, mobile, broadband, and video services.

$14.34
vs last close+0.25 (+1.77%)
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Telecom Argentina S.A.TEO
Communication Services

Combines fixed and mobile telecommunications with broadband and video services in Argentina. The business was reshaped by the Cablevisión merger and the TMA purchase, whose integration remains subject to regulatory approval.

Combines fixed and mobile telecommunications with broadband and video services in Argentina. Cablevisión's transfer created the converged operator by bringing cable and broadband operations together with mobile and internet services.

TMA, a nationwide provider of mobile and fixed telephony, broadband, and video services, joined the group. The companies continued to operate separately while regulatory approvals proceeded, making the approval process and operating separation defining constraints on consolidation.

The NYSE security is an ADS representing five Class B shares, while the underlying Class B share trades in Buenos Aires as TECO2.

Company facts

CEORoberto D. Nóbile
ListedDec 9, 1994
ExchangeNYSE
HeadquartersBuenos Aires, Argentina
CountryArgentina
Employees27,818
CIK0000932470
ISINUS8792732096

Market cap$6.04B
EPS (ttm)$1.12
P/E (ttm)12.60
ROE9.7%
P/B1.04
P/S0.9445
Dividend yieldDiv yield
Beta1.51vs XLC 0.58

Price target$16.50+17.1%Average of 13 analysts
ConsensusBuy6 of 13 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 12, 2026UBSReiterate
Rating: Target: $17
Rating: BuyTarget: $16.50
Jun 24, 2026Morgan StanleyUpgrade
Rating: ReduceTarget: $11
Rating: OverweightTarget: $17
May 27, 2026ScotiabankReiterate
Rating: Target: $8.60
Rating: Sector UnderperformTarget: $9.20
Apr 29, 2026JP MorganUpgrade
Rating: Neutral
Rating: Overweight
Mar 30, 2026ScotiabankDowngrade
Rating: Sector Perform
Rating: Sector Underperform

Next report
Nov 9, 26
in 48 days
EPS estimate
$0.32
Revenue estimate
$1.76B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.17$0.20−$0.36−$0.36$0.19$1.04$0.28Pending
Estimate−$0.47−$0.24−$0.01−$0.49$0.02$0.28$0.27$0.32
Surprise+136.2%+183.3%−4,503.6%+26.5%+773.2%+271.4%+4.6%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.02B$1.21B$1.45B$1.65B$1.61B$1.70B$1.71BPending
Estimate$1.00B$1.24B$1.58B$1.50B$1.47B$1.60B$1.72B$1.76B
Surprise+2.1%−2.5%−8.0%+10.0%+9.7%+6.0%−0.6%
Estimate$0.32
ReportedDue Nov 9, 2026
Estimate$1.76B
ReportedDue Nov 9, 2026
View details

Debt to equity68.10%
Current ratio57.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$649.4M$848.9M$1.19B$1.26B$1.36B$1.79B$1.56B$1.69B
Net income−$10.8M$48.7M$78.0M−$117.7M−$132.3M$78.7M$420.5M$115.0M
Net margin0.0%5.7%6.5%0.0%0.0%4.4%27.0%6.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$24.3M−$26.5M$355.9M$371.9M$428.7M−$570.9M$544.1M$608.5M
YoY growthLoss narrowedLoss narrowedTurned profitTurned profitTurned profitLoss widened+52.9%+63.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $631.9M · Total debt $3.97B · Total assets $12.72B · Shareholders' equity $5.83B

Revenue
$1.69B
Operating income
$608.5M
Net income
$115.0M

Reported in ARS, converted at the latest exchange rate

View details

Dividend yield
Next ex-date
Annual dividend
Schedule
View details

Institutions3.45%14.88M ADS
70 holders · as of Jun 30, 2026
Other96.55%415.86M ADS
remainder

430.74M ADS (1 ADS = 5 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 4 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
SPX Gestao de Recursos LtdaInstitution
0.54%2.32M ADSas of Jun 30, 2026
Mirae Asset Global Etfs Holdings Ltd.Institution
0.47%2.04M ADSas of Jun 30, 2026
RWC Asset Management LLPInstitution
0.30%1.28M ADSas of Jun 30, 2026
Morgan StanleyInstitution
0.23%996,252 ADSas of Jun 30, 2026
Capital Wealth Planning, LLCInstitution
0.22%947,500 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 2026Baruki Luis Alberto Gonzalezdirector−188,500$2.78
Jun 2, 2026Alejandro Alberto Urricelquidirector+38,890$13.43
View details

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Compare

CompanyPriceChange
Telecom Argentina (ADR)$14.34+1.77%$6.04B12.625.40.9+18.1%
América Móvil (ADR)$22.28−0.78%$67.37B12.914.21.2+10.5%
Netflix$72.07−1.76%$305.47B23.120.86.3+13.4%
Walt Disney$104.14−0.09%$180.96B21.513.91.8+7.1%
Amazon$256.29−0.84%$2.78T20.827.53.6+19.6%
Median21.117.52.7+11.9%