Overview
Cellnex Telecom, S.A. is a Spain-based telecommunications company specialising in wireless telecommunication infrastructure. As Europe's leading wireless telecommunications and broadcasting infrastructure operator, Cellnex operates over 70,000 sites across Spain, Italy, Netherlands, France, Switzerland, the UK, Ireland, Portugal, and Denmark. Key projects include the acquisition of Hutchison's European towers, making it one of the largest independent tower companies globally. Cellnex is also involved in the rollout of 5G networks across Europe, positioning it at the forefront of the next generation of telecommunications. Its operations also extend to security and emergency service networks and smart urban infrastructure and services management solutions.
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Basic Stats
The share price of Cellnex Telecom, S.A. as of 5 September 2025 is €30.32 / share. This is a decrease of -0.46% from the prior week. The market cap (or net worth) of Cellnex Telecom, S.A. as of 5 September 2025 is €20,460.45 MM.
The Factor Analysis chart (below right) shows a view of Cellnex Telecom, S.A. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 20,460.45 MM |
| EV | 38,959.79 MM |
| Shares Out. | 681.56 MM |
| Earnings Date | |
| EPS (TTM) | 0.40 |
| Dividend Yield | 20.89 % |
| Ex-Dividend Date | 2025-06-16 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -15.11 % |
| Volatility (1 yr) | 0.27 |
| Beta | 0.56 |
| Sharpe Ratio (1 yr) | -0.73 |
| Sortino Ratio (1 yr) | -1.14 |
| PE Ratio | 74.42 |
| Price/Book | 1.43 |
| Price/TBV | -2.57 |
| Book/Market | 0.70 |
| EBIT/EV | -0.02 |
| EBIT(3yr avg)/EV | -0.02 |
| ROA | 0.01 |
| ROE | 0.02 |
| ROIC | 0.01 |
| CROIC | 0.03 |
| OCROIC | 0.06 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 61.79 /100 |
| Profitability | 51.60 /100 |
| Quality Score | 56.94 /100 |
| Value Score | 26.00 /100 |
| Momentum Score | 26.96 /100 |
| Stability (Low Vol) Score | 78.62 /100 |
| Analyst Sentiment | 77.05 /100 |
| Fund Sentiment | 59.25 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | 82.87 /100 |
| QVM Score | |
| Piotroski F-SCORE | 7.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Cellnex Telecom, S.A. is €42.87. The forecasts range from a low of €24.09 to a high of €55.30. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Cellnex Telecom, S.A.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-18 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2023-12-01 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2023-11-27 | HSBC | Buy | Buy | Maintains |
| 2023-11-27 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-11-27 | EQUITA SIM | Buy | Buy | Maintains |
| 2023-11-20 | BERENBERG | Hold | Hold | Maintains |
| 2023-11-13 | ODDO BHF | Buy | Buy | Maintains |
| 2023-11-12 | NEXTGEN RESEARCH LTD | Outperform | Outperform | Maintains |
| 2023-11-10 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-11-10 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-10-04 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-10-02 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2023-09-06 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2023-08-31 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-08-30 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-08-14 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-08-13 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-08-07 | DAY BY DAY | Sell | Sell | Maintains |
| 2023-08-06 | DAY BY DAY | Sell | Sell | Maintains |
| 2023-08-04 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2023-07-30 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2023-08-03 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2023-07-31 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2023-07-31 | EQUITA SIM | Buy | Buy | Maintains |
| 2023-05-29 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2021-12-16 | ALANTRA EQUITIES | Buy | Neutral | Downgrade |
| 2021-10-29 | BANCO SANTANDER | Buy | Buy | Maintains |
| 2021-10-28 | BANCO SANTANDER | Buy | Buy | Maintains |
| 2021-07-21 | ALANTRA EQUITIES | Neutral | Buy | Upgrade |
| 2021-07-21 | ALANTRA EQUITIES | Buy | Buy | Maintains |
| 2023-12-18 | MIRABAUD SECURITIES | Hold | Sell | Downgrade |
| 2023-12-18 | DAY BY DAY | Sell | Sell | Maintains |
| 2023-05-31 | REDBURN LIMITED | Neutral | Neutral | Maintains |
| 2023-05-30 | BERENBERG | Buy | Hold | Downgrade |
| 2023-05-30 | BANCO SANTANDER | Buy | Outperform | Maintains |
| 2023-05-30 | REDBURN LIMITED | Neutral | Neutral | Maintains |
| 2022-07-25 | DAY BY DAY | Sell | Hold | Upgrade |
| 2022-07-24 | DAY BY DAY | Sell | Hold | Upgrade |
| 2022-07-22 | BERENBERG | Buy | Buy | Maintains |
| 2022-07-21 | BERENBERG | Buy | Buy | Maintains |
| 2022-07-20 | REDBURN LIMITED | Buy | Neutral | Downgrade |
| 2022-07-19 | REDBURN LIMITED | Buy | Neutral | Downgrade |
| 2022-07-11 | DAY BY DAY | Hold | Sell | Downgrade |
| 2022-07-10 | DAY BY DAY | Hold | Sell | Downgrade |
| 2022-03-29 | REDBURN LIMITED | Buy | Buy | Maintains |
| 2022-01-02 | DAY BY DAY | Buy | Buy | Maintains |
| 2021-12-17 | ALANTRA EQUITIES | Buy | Neutral | Downgrade |
| 2023-07-30 | EQUITA SIM | Buy | Buy | Maintains |
| 2023-07-28 | ODDO BHF | Buy | Buy | Maintains |
| 2023-07-28 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-07-27 | ODDO BHF | Buy | Buy | Maintains |
| 2023-07-27 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-07-27 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-07-26 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-07-18 | BERENBERG | Hold | Hold | Maintains |
| 2023-07-17 | BERENBERG | Hold | Hold | Maintains |
| 2023-07-03 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2023-07-02 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2023-06-06 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2023-06-05 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2023-05-31 | BERENBERG | Buy | Hold | Downgrade |
| 2023-05-31 | BANCO SANTANDER | Buy | Outperform | Maintains |
| 2023-05-28 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-05-26 | ALANTRA EQUITIES | Buy | Strong Buy | Upgrade |
| 2023-05-25 | ALANTRA EQUITIES | Buy | Strong Buy | Upgrade |
| 2023-05-22 | HSBC | Buy | Buy | Maintains |
| 2023-05-21 | HSBC | Buy | Buy | Maintains |
| 2023-05-16 | EQUITA SIM | Hold | Buy | Upgrade |
| 2023-05-15 | EQUITA SIM | Hold | Buy | Upgrade |
| 2023-04-27 | ODDO BHF | Buy | Buy | Maintains |
| 2023-04-27 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-04-27 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-04-26 | ODDO BHF | Buy | Buy | Maintains |
| 2023-04-26 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-04-26 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-04-17 | ALANTRA EQUITIES | Buy | Strong Buy | Upgrade |
| 2023-04-06 | BANCO SANTANDER | Buy | Outperform | Maintains |
| 2023-04-03 | ODDO BHF | Buy | Buy | Maintains |
| 2023-04-03 | CREDIT SUISSE - EUROPE | Outperform | Outperform | Maintains |
| 2023-04-02 | CREDIT SUISSE - EUROPE | Outperform | Outperform | Maintains |
| 2023-03-28 | EQUITA SIM | Hold | Buy | Upgrade |
| 2023-03-27 | HSBC | Buy | Buy | Maintains |
| 2023-03-22 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-03-22 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2023-03-15 | BERENBERG | Buy | Hold | Downgrade |
| 2023-03-08 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-03-01 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2023-03-01 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-02-28 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2022-12-22 | NORBOLSA | Buy | Buy | Maintains |
| 2022-12-21 | NORBOLSA | Buy | Buy | Maintains |
| 2022-12-06 | DAY BY DAY | Hold | Sell | Downgrade |
| 2022-12-05 | DAY BY DAY | Hold | Sell | Downgrade |
| 2022-08-22 | HSBC | Buy | Buy | Maintains |
| 2022-08-21 | HSBC | Buy | Buy | Maintains |
| 2022-03-28 | REDBURN LIMITED | Buy | Buy | Maintains |
| 2022-02-28 | ALANTRA EQUITIES | Neutral | Buy | Upgrade |
| 2022-02-27 | ALANTRA EQUITIES | Neutral | Buy | Upgrade |
| 2022-01-17 | DAY BY DAY | Buy | Hold | Downgrade |
| 2022-01-16 | DAY BY DAY | Buy | Hold | Downgrade |
| 2022-01-03 | DAY BY DAY | Buy | Buy | Maintains |
| 2021-07-20 | ALANTRA EQUITIES | Buy | Buy | Maintains |
| 2021-04-01 | EQUITA SIM | Hold | Hold | Maintains |
| 2021-03-31 | EQUITA SIM | Hold | Hold | Maintains |
| 2020-12-04 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2020-12-03 | STIFEL EUROPE | Buy | Buy | Maintains |
| 2024-08-04 | EQUITA SIM | Buy | Buy | Maintains |
| 2024-08-01 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2024-08-01 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2024-07-31 | ODDO BHF | Buy | Buy | Maintains |
| 2024-07-31 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2024-07-29 | BERENBERG | Hold | Buy | Upgrade |
| 2024-07-23 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2024-07-07 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2024-07-02 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2024-05-26 | HSBC | Buy | Buy | Maintains |
| 2024-04-30 | NEXTGEN RESEARCH LTD | Outperform | Neutral | Downgrade |
| 2024-04-24 | MIRABAUD SECURITIES | Sell | Sell | Maintains |
| 2024-04-07 | BERENBERG | Hold | Hold | Maintains |
| 2024-03-27 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2024-02-18 | NEXTGEN RESEARCH LTD | Outperform | Outperform | Maintains |
| 2024-01-25 | DAY BY DAY | Sell | Sell | Maintains |
| 2023-12-17 | MIRABAUD SECURITIES | Hold | Sell | Downgrade |
| 2023-12-17 | DAY BY DAY | Sell | Sell | Maintains |
| 2023-12-17 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2023-11-30 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2023-11-26 | HSBC | Buy | Buy | Maintains |
| 2023-11-26 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2023-11-26 | EQUITA SIM | Buy | Buy | Maintains |
| 2023-11-19 | BERENBERG | Hold | Hold | Maintains |
| 2023-11-12 | ODDO BHF | Buy | Buy | Maintains |
| 2023-11-11 | NEXTGEN RESEARCH LTD | Outperform | Outperform | Maintains |
| 2023-11-09 | SOCIETE GENERALE | Buy | Buy | Maintains |
| 2023-11-09 | ANALISIS BANCO SABADELL | Buy | Buy | Maintains |
| 2023-10-03 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2023-10-01 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2023-09-05 | MIRABAUD SECURITIES | Hold | Hold | Maintains |
| 2024-12-29 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2024-12-08 | BNP PARIBAS EXANE | Outperform | Outperform | Maintains |
| 2024-11-27 | BERENBERG | Buy | Buy | Maintains |
| 2024-11-24 | HSBC | Buy | Buy | Maintains |
| 2024-11-12 | EQUITA SIM | Buy | Buy | Maintains |
| 2024-11-11 | ALANTRA EQUITIES | Strong Buy | Buy | Downgrade |
| 2024-11-11 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2024-11-10 | ODDO BHF | Buy | Buy | Maintains |
| 2024-11-10 | ANALISIS BANCO SABADELL | Buy | Overweight | Maintains |
| 2024-10-01 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2024-09-01 | ALANTRA EQUITIES | Strong Buy | Strong Buy | Maintains |
| 2024-08-11 | MIRABAUD SECURITIES | Sell | Sell | Maintains |
| 2025-04-01 | ALANTRA EQUITIES | Buy | Buy | Maintains |
| 2025-03-27 | EQUITA SIM | Buy | Hold | Downgrade |
| 2025-03-23 | HSBC | Buy | Buy | Maintains |
| 2025-03-21 | REDBURN ATLANTIC | Neutral | Neutral | Maintains |
| 2025-03-17 | JEFFERIES | Buy | Buy | Maintains |
| 2025-03-11 | INTESA SANPAOLO EQUITY RESEARCH | Buy | Buy | Maintains |
| 2025-02-25 | ODDO BHF | Buy | Buy | Maintains |
| 2025-02-25 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2025-02-25 | ANALISIS BANCO SABADELL | Overweight | Overweight | Maintains |
| 2025-02-23 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2025-02-11 | ESN/GVC GAESCO BEKA | Buy | Buy | Maintains |
| 2025-02-09 | EQUITA SIM | Buy | Buy | Maintains |
| 2025-07-10 | JEFFERIES | Buy | Buy | Maintains |
| 2025-07-07 | ALANTRA EQUITIES | Buy | Buy | Maintains |
| 2025-06-30 | BERENBERG | Buy | Buy | Maintains |
| 2025-06-29 | CAIXABANK BPI | Buy | Buy | Maintains |
| 2025-06-02 | EQUITA SIM | Hold | Hold | Maintains |
| 2025-05-27 | ESN/GVC GAESCO BEKA | Buy | Buy | Maintains |
| 2025-05-25 | HSBC | Buy | Buy | Maintains |
| 2025-05-08 | ODDO BHF | Buy | Buy | Maintains |
| 2025-05-08 | ANALISIS BANCO SABADELL | Overweight | Overweight | Maintains |
| 2025-05-08 | BANCO SANTANDER | Outperform | Outperform | Maintains |
| 2025-05-04 | DAY BY DAY | Sell | Hold | Upgrade |
| 2025-04-09 | ROTHSCHILD & CO REDBURN | Neutral | Neutral | Maintains |
