Deutsche Telekom Stock (DTE) Moves Green YTD – Added to Goldman Sachs’ Conviction List

Deutsche Telekom AG (ETR:DTE) has garnered increased attention from analysts, highlighted by its recent inclusion in Goldman Sachs' European Conviction List. This decision reflects growing optimism about the company's financial health, particularly driven by the robust performance of its U.S. subsidiary, T-Mobile US, which is expected to translate into enhanced shareholder returns.

The markets have responded positively to Deutsche Telekom's strategic moves, with the share price reflecting investor confidence. The stock is trading at €29.32, up 1.1% on the day, returning positive on a YTD basis, up 0.58%.

The company projects adjusted EBITDA AL to reach approximately €44.9 billion in 2025, consistent with its mid-term targets. This growth has been bolstered by strong results across all business segments, especially in the U.S. market, where T-Mobile US has demonstrated industry-leading subscriber growth.

Strategic investments further cement Deutsche Telekom's market position. In May, the company secured broadcasting rights for the 2026 FIFA Men's World Cup in Germany, a move expected to significantly enhance its MagentaTV platform and attract a broader subscriber base. This acquisition contributed to a 0.96% increase in Deutsche Telekom's share price, indicating positive market reception of the deal.

Analyst ratings reflect confidence in Deutsche Telekom's growth trajectory. J.P. Morgan maintained a ‘Buy' rating for the company in just last month, reinforcing the positive sentiment surrounding the stock.