KPN.AS Koninklijke KPN (EURONEXT) Q4 results after hours at €3.96: key earnings takeaways
KPN.AS stock closed the trading session at €3.96 after hours after Q4 results that showed service revenue growth but missed some analyst metrics. The report released on 28 Jan 2026 flagged service revenues up by 2.7% and EPS at €0.19, which leaves valuation at PE 21.08. Investors in Europe on EURONEXT are parsing the numbers and the yield math as KPN balances dividend policy and debt. We summarise the earnings, key ratios, and what our model sees next for Koninklijke KPN N.V.
KPN.AS stock: Q4 earnings snapshot and price reaction
KPN reported Q4 service revenue growth of 2.7% and EPS of €0.19. Market reaction pushed the share price to €3.96 in after hours trading, down modestly from a previous close €3.94.
Trading volume reached 7,660,674 shares versus an average of 8,800,244, showing slightly lower participation on the earnings day. The day range printed €3.85 low and €3.98 high, reflecting intra-day volatility around the results.
Revenue, margins and cash flow: what moved the earnings
KPN posted steady revenue per share of €1.38 and an operating profit margin of 25.38%, which kept core profitability intact. Free cash flow per share is €0.24, indicating continued cash generation even as capex remains elevated.
Net debt to EBITDA is 2.54x, and interest coverage is 3.76x, highlighting leverage as the key balance-sheet risk. The payout ratio sits above 100% at 106.49%, so dividend sustainability will be a watch point for investors.
Valuation and sector context for KPN.AS stock
KPN trades at PE 21.08, above the Communication Services sector average PE 15.68, which signals a premium relative to peers. Price-to-sales is 2.67 and price-to-book is 4.91, showing investors are pricing growth and cash returns into the stock.
Against European telecom peers, KPN’s dividend yield of 4.37% is attractive, but its debt-to-equity of 2.06 is materially higher than many peers, raising funding and refinancing sensitivity.
Technical and trading indicators after hours
Momentum indicators are neutral: RSI 46.55 and ADX 9.95 imply no strong trend after the report. Bollinger bands show a tight range with middle band €3.94 and upper band €4.00, suggesting low volatility in the immediate term.
Short-term support is near the 50-day average €3.91 and resistance around the 200-day average €4.03. A close above €4.03 would shift the technical picture toward recovery.
Meyka AI grade and forecast for KPN.AS stock
Meyka AI rates KPN.AS with a score out of 100: 68.02 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a yearly price of €4.42, implying an upside of 11.74% versus the current €3.96. Forecasts are model-based projections and not guarantees. See full data and model drivers on the KPN.AS profile on Meyka AI.
News flow and analyst signals impacting KPN.AS stock
Recent coverage noted the Q4 call and commentary on softer service revenue growth, which pressured the stock in pre-market and after hours trading. Market headlines include the earnings transcript and a short-interest update that may increase volatility source.
MarketBeat reported KPN earnings figures on 28 Jan 2026 and highlighted mixed analyst ratings that range from Hold to Buy, keeping near-term consensus unclear source.
Final Thoughts
KPN.AS stock closed after hours at €3.96 on 28 Jan 2026 after a mixed Q4 showing. The company delivered modest service revenue growth and maintained profit margins, while leverage and a payout ratio above 100% are the primary risks for income investors. Sector comparison shows KPN trades at a premium on PE 21.08 versus Communication Services average PE 15.68, reflecting expectations for steady cash returns and operational stability. Meyka AI’s forecast model projects a yearly price of €4.42, an implied upside of 11.74% versus the current price, but the model is sensitive to margin and free cash flow trends. For traders, near-term technical pivots sit at the 50-day €3.91 and 200-day €4.03 averages. We view KPN as a hold for dividend-focused portfolios, with monitoring on net-debt metrics and management commentary on capital allocation. Forecasts are model-based projections and not guarantees.
FAQs
What drove the KPN.AS stock move after the Q4 report?
The after hours move followed mixed Q4 results: service revenue rose 2.7% but EPS of €0.19 and higher leverage raised investor caution. Volume was light at 7,660,674 versus average 8,800,244.
What is Meyka AI’s outlook and price forecast for KPN.AS stock?
Meyka AI’s forecast model projects a yearly price of €4.42, implying 11.74% upside from €3.96. Forecasts are model-based projections and not guarantees.
Is KPN.AS stock a reliable dividend play now?
KPN offers a yield near 4.37%, but a payout ratio above 100% and net debt to EBITDA 2.54x mean dividend sustainability depends on continued free cash flow. Monitor cash flow and debt metrics.
How does KPN.AS valuation compare with telecom peers?
KPN trades at PE 21.08, higher than the Communication Services average PE 15.68. Price-to-book 4.91 and price-to-sales 2.67 show investors pay a premium for yield and stability.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
