Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 731,644 shares, a growth of 221.6% from the July 30th total of 227,485 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 762,119 shares, the days-to-cover ratio is currently 1.0 days.
Wall Street Analysts Forecast Growth
DTEGY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Kepler Capital Markets lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday. Erste Group Bank cut Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Finally, Zacks Research raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on DTEGY
Deutsche Telekom Stock Performance
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.11%. The firm had revenue of $34.53 billion during the quarter, compared to analysts’ expectations of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Equities research analysts anticipate that Deutsche Telekom will post 2.63 earnings per share for the current year.
Deutsche Telekom Company Profile
Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.
Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.
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