Bullish Case: Telefonica shows recent positive earnings surprises and anticipated growth. E-Plus acquisition could create market-leading operator, rejuvenating competitive position, supported by spectrum divestment strategy.


Bearish Case: EU merger scrutiny, German competition concerns, and market volatility indicate regulatory and operational risks. Past restructuring struggles suggest long-term transformation challenges.


Potential Outcomes:

1) Merger approval creates synergies: 40%;

2) Merger delayed/denied: 35%;

3) Restructured operations yield profit: 15%;

4) Market share loss continues: 10%.


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April 09, 2024


Telefonica Forecast

TEF        Telefonica
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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SMG Forecast + Options Trading Strategies   [SMG]  Scotts Miracle-Gro (0.59)


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GDXJ Forecast + Options Trading Strategies   [GDXJ]  VanEck Vectors Junior Gold Miners (0.56)



Uncorrelated Stock Forecasts

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HACK Forecast + Options Trading Strategies   [HACK]  ETFMG Prime Cyber Security (0.0)


IR Forecast + Options Trading Strategies   [IR]  Ingersoll-Rand (0.0)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.0)


MCHP Forecast + Options Trading Strategies   [MCHP]  Microchip Technology (0.0)


CVNA Forecast + Options Trading Strategies   [CVNA]  Carvana (0.0)



Anticorrelated Stock Forecasts

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JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (-0.49)


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.49)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (-0.53)


GLL Forecast + Options Trading Strategies   [GLL]  ProShares UltraShort Gold (-0.54)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.59)





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