Telefónica's Share Price Cools Amid Market Uncertainty

Telefónica's share price has seen a modest climb year-to-date but sentiment has cooled recently with a 1.81% drop in the past day and a 3.98% fall over the last week. The one-year total shareholder return stands at a solid 6.9%. With a fair value estimate of €4.45, the market may be undervaluing the company, with ongoing acceleration in fiber network and 5G deployment expected to capture greater customer lifetime value, expand premium service offerings, and improve operational efficiency.