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Helios Towers lifts 2026 guidance as tenancy growth boosts earnings

Story Highlights
  • Helios Towers posted double-digit Q1 revenue and EBITDA growth, driven by an 11% rise in tenancies and stronger margins amid robust data demand in Africa and the Middle East.
  • The group upgraded its 2026 outlook, planning up to 3,500 new tenancies, higher capex and sustained shareholder returns, backed by improved leverage and over $500 million in liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Helios Towers lifts 2026 guidance as tenancy growth boosts earnings

Meet Samuel – Your Personal Investing Prophet

Helios Towers ( (GB:HTWS) ) has shared an update.

Helios Towers reported an 11% year-on-year increase in tenancies to 33,350 and a 14% rise in adjusted EBITDA to $127.2 million for the first quarter of 2026, supported by strong demand for data and connectivity in Africa and the Middle East. Revenue grew 12% to $229.2 million, adjusted EBITDA margin improved to 56%, and return on invested capital rose to 14.5%, while net leverage fell to 3.5x despite a dip in recurring free cash flow due to working capital timing.

The company upgraded its 2026 guidance on the back of a strengthened tenancy pipeline, now targeting 3,000–3,500 tenancy additions and adjusted EBITDA of $515–$530 million, alongside higher discretionary capex of $180–$210 million to fund growth. Recent debt refinancings, including new senior notes and an undrawn term loan, have lowered the cost of debt, extended maturities and left Helios Towers with more than $500 million in liquidity, supporting both accelerated organic expansion and ongoing shareholder distributions via buybacks and dividends.

The most recent analyst rating on (GB:HTWS) stock is a Buy with a £250.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on HTWS Stock

According to Spark, TipRanks’ AI Analyst, HTWS is a Neutral.

The score is primarily driven by improving financial performance (return to profitability and positive free cash flow) but is held back by significant balance-sheet leverage risk. Technical indicators are currently bearish, and valuation appears relatively expensive with no dividend yield provided.

To see Spark’s full report on HTWS stock, click here.

More about Helios Towers

Helios Towers is a leading independent mobile tower company operating nearly 15,000 sites across nine countries in Africa and the Middle East, providing mission-critical telecoms infrastructure and power services to major mobile network operators. Its colocation model enables multiple operators to share tower sites, improving network economics and environmental impact in one of the world’s fastest-growing mobile regions.

Average Trading Volume: 2,325,337

Technical Sentiment Signal: Buy

Current Market Cap: £2.06B

For detailed information about HTWS stock, go to TipRanks’ Stock Analysis page.

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