Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) is considered one of the best undervalued European stocks to buy now. BofA Securities lowered Turkcell’s price target to TRY126.40 on January 12, expecting a 7% revenue increase in 2026 with strong 43% margins. The commercial release of 5G in April 2026 could boost performance.

BofA highlights Turkcell’s unique data center presence, expected to contribute 10% of revenue in the next five years. The firm also praises the company’s solid financial position, projecting a 0.9x net debt to EBITDA ratio in 2026. Turkcell’s leverage level and low net foreign exchange exposure could sustain a 50% dividend payment ratio.

Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) is a Turkish telecom and technology service provider, offering tower and satellite services, fixed data services, international roaming services, and voice services. While TKC shows investment potential, other AI stocks may offer greater upside with less risk. Consider exploring opportunities in the AI sector for potential growth.

Read more at Yahoo Finance: Turkcell (TKC) 5G Launch in 2026 Seen as Major Growth Catalyst, BofA Retains Buy Rating