Sunrise Communications AG Class A (CH:SUNN)
:SUNN
Want to see CH:SUNN full AI Analyst Report?
Top Page
Sunrise Communications AG Class A
(SUNN)
Select Model
Select Model
Rating:56Neutral
Price Target:
CHF44.00
▼(-3.64% Downside)
Action:Reiterated
Date:05/19/26
The score is driven primarily by strong cash flow resilience, but held back by recurring net losses and elevated leverage. Valuation is supported by a very high dividend yield, while technical signals are neutral-to-weak. The latest earnings call was balanced: reiterated guidance and progressive dividend targets help, but near-term headwinds (fixed revenue pressure, negative Q1 adjusted FCF phasing, and higher Q1 CapEx intensity) temper conviction.
Positive Factors
Strong cash generation
Consistent operating cash flow and sizable free cash flow provide durable financial flexibility. This recurring cash generation supports interest and debt servicing, funds dividends and necessary network investment, and cushions the business against cyclical revenue or profitability dips over the medium term.
Negative Factors
Elevated leverage
High and persistent leverage leaves the company sensitive to interest rates and refinancing cycles. Debt exceeding equity historically constrains strategic flexibility, increases fixed financial charges, and raises the risk that sustained weak profitability would force tougher tradeoffs between capex, dividends, and deleveraging.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent operating cash flow and sizable free cash flow provide durable financial flexibility. This recurring cash generation supports interest and debt servicing, funds dividends and necessary network investment, and cushions the business against cyclical revenue or profitability dips over the medium term.
Read all positive factors
Sunrise Communications AG Class A (SUNN) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF3.09B
Dividend Yield7.96%
Average Volume (3M)210.56K
Price to Earnings (P/E)―
Beta (1Y)0.48
Revenue GrowthN/A
EPS GrowthN/A
CountryCH
Employees2,850
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-2.11
Shares Outstanding71,259,705
10 Day Avg. Volume168,628
30 Day Avg. Volume210,560
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)0.75
Price to Sales (P/S)1.02
P/FCF Ratio5.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
CHF44.80Price Target Upside-1.88% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering5
EPS Forecast (FY)-0.62
Revenue Forecast (FY)CHF2.96B
Sunrise Communications AG Class A Business Overview & Revenue Model
Company Description
Sunrise Communications AG engages in the provision of telecommunications solutions. It offers mobile, broadband, television, and fixed-line telephony services to residential customers. It also provides mobile and broadband services, as well as a r...
How the Company Makes Money
Sunrise Communications AG primarily makes money by selling subscription-based telecommunications services. A major revenue stream comes from mobile service plans (monthly recurring fees for voice, SMS, and data), including premium tiers and add-on...
Sunrise Communications AG Class A Earnings Call Summary
Earnings Call Date:May 13, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 19, 2026
Earnings Call Sentiment Neutral
The call was broadly balanced. Management reported modest positive operating and profitability trends (stable revenue, +2.5% adjusted EBITDAaL, strong adjusted EBITDAaL less CapEx additions) and reiterated full‑year guidance while rolling out strategic initiatives — a loyalty programme and a sovereign B2B AI/cloud partnership — and announcing a price increase to support midterm revenue. Offsetting these positives are ongoing pressure in fixed/consumer revenues, a seasonally negative cash and service‑revenue phasing (notably in Q2), Q1 CapEx above the full‑year target, a negative adjusted FCF in Q1, and one‑off restructuring charges. Overall, positives and negatives are roughly balanced, with management confident in execution and guidance but with clear near‑term headwinds to monitor.Positive Updates
Mobile Net Additions
Delivered 10,000 postpaid mobile net additions in Q1 2026 (versus 12,000 in prior year, ~‑16.7% YoY), showing solid trading momentum in a seasonally softer quarter.
Negative Updates
Fixed/Residential Revenue Pressure
Fixed consumer revenues remain a drag on service revenue; management highlighted continued negative contribution from fixed (internet/broadband), with Internet broadband net adds at -1,000 in Q1.
Read all updates
Q1-2026 Updates
Positive
Negative
Mobile Net Additions
Delivered 10,000 postpaid mobile net additions in Q1 2026 (versus 12,000 in prior year, ~‑16.7% YoY), showing solid trading momentum in a seasonally softer quarter.
Read all positive updates
Company Guidance
Sunrise fully reiterated its FY2026 guidance: revenue broadly stable, adjusted EBITDAaL around CHF 1.0 billion and adjusted free cash flow of CHF 380–400 million, supporting a progressive dividend per share of CHF 3.49 for 2026 (≈+2% vs CHF 3.42 for 2025). Q1 underlying results that back the guidance included revenue +0.1% YoY, adjusted EBITDAaL +2.5% YoY, adjusted EBITDAaL less P&E additions growth ~16%, adjusted FCF of -CHF111m (broadly flat YoY), mobile net adds of 10,000 and broadband net adds of -1,000; Q1 CapEx/Sales was 18.5% but management expects full‑year CapEx/Sales below 15%. Management also flagged a general price increase effective 1 August (up to CHF 1.50 on main brand, ~CHF 1 on flanker brands) as a potential upside to be clearer after Q3 results.Sunrise Communications AG Class A Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
44
Neutral
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.98B | 2.98B | 3.02B | 3.04B | 3.04B | 3.04B |
| Gross Profit | 1.40B | 656.00M | 2.19B | 2.20B | 2.22B | 2.21B |
| EBITDA | 1.15B | 1.10B | 1.10B | 1.18B | 1.55B | 1.33B |
| Net Income | -150.90M | -112.20M | -365.80M | -316.10M | 80.50M | -71.80M |
Balance Sheet | ||||||
| Total Assets | 11.52B | 11.72B | 12.06B | 12.61B | 13.21B | 12.86B |
| Cash, Cash Equivalents and Short-Term Investments | 151.60M | 273.20M | 351.80M | 4.80M | 2.30M | 5.50M |
| Total Debt | 5.68B | 6.71B | 5.90B | 6.68B | 7.16B | 7.93B |
| Total Liabilities | 7.48B | 7.65B | 7.68B | 9.03B | 9.16B | 9.80B |
| Stockholders Equity | 4.01B | 4.05B | 4.36B | 3.55B | 4.03B | 3.04B |
Cash Flow | ||||||
| Free Cash Flow | 806.80M | 600.20M | 738.00M | 733.50M | 835.30M | 911.30M |
| Operating Cash Flow | 1.01B | 995.80M | 1.28B | 1.20B | 1.25B | 1.27B |
| Investing Cash Flow | -475.60M | -503.80M | -478.70M | -760.60M | -543.00M | -333.20M |
| Financing Cash Flow | -608.20M | -566.60M | -454.40M | -440.10M | -714.00M | -945.40M |
Sunrise Communications AG Class A Technical Analysis
Negative
45.66
Price Trends
42.91
Negative
42.30
Negative
41.94
Negative
Market Momentum
-0.15
Positive
38.03
Neutral
23.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:SUNN, the sentiment is Negative. The current price of 45.66 is above the 20-day moving average (MA) of 42.87, above the 50-day MA of 42.91, and above the 200-day MA of 41.94, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 38.03 is Neutral, neither overbought nor oversold. The STOCH value of 23.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:SUNN.
Sunrise Communications AG Class A Peers Comparison
UnderperformOutperform
Sector (60)
CH:SUNN
Sunrise Communications AG Class A
41.58
1.93
4.86%
CH:SCMN
Swisscom AG
656.00
110.21
20.19%
Sunrise Communications AG Class A Corporate Events
Sunrise Posts Solid Q1 as Loyalty Push and AI Deal Underpin 2026 Outlook
May 13, 2026
Sunrise Communications reported a seasonally muted but solid first quarter, with stable revenue and higher adjusted EBITDAaL despite a wider net loss. Mobile postpaid subscriptions grew by 10,000 and internet losses narrowed, while lower capital e...
Sunrise Partners with PHOENIQS to Launch Sovereign Swiss AI for Regulated Sectors
May 11, 2026
Sunrise has entered an exclusive strategic partnership with Swiss AI infrastructure provider PHOENIQS to deliver sovereign, Switzerland-based artificial intelligence solutions for business customers. The offering targets large enterprises, SMEs an...
National League Final Drives Record Viewership for MySports and Sunrise
May 8, 2026
The decisive National League ice hockey final between HC Davos and HC Fribourg-Gottéron drew an average TV audience of more than 500,000 viewers across Switzerland on MySports and a broad network of free-TV partners. The nationwide live broad...
Sunrise Backs UZH Study Revealing Swiss Public’s Ambivalent Attitude Toward Generative AI
May 8, 2026
Sunrise is supporting a new Universität Zürich research project, “ai-dentities,” which explores how people in German- and French-speaking Switzerland perceive and use generative artificial intelligence. Based on a nationally ...
Sunrise Shareholders Approve All AGM Proposals and Confirm Leadership
May 7, 2026
Sunrise Communications AG held its ordinary General Meeting in Zurich, where shareholders representing 78.53% of registered shares approved all agenda items in line with the Board of Directors’ proposals. The 2025 consolidated and statutory ...
Sunrise to Raise Mobile and Internet Subscription Prices to Fund Network Investments
Apr 30, 2026
Sunrise Communications AG will raise monthly basic fees for its Sunrise-branded mobile and internet subscriptions for private and business customers by CHF 1.50 per subscription from 1 August 2026, with multi-line and combined packages seeing a lo...
Sunrise appoints McKinsey partner Veit Kment to lead flanker brands as executive reshuffle unfolds
Apr 15, 2026
Sunrise Communications AG announced that, effective 1 June 2026, Veit Kment will join the Executive Committee as Chief Consumer Officer Flanker Brands, taking over leadership of the company’s secondary brands. Kment, a former McKinsey partne...
Sunrise Opens Streaming Platform to All Subscription Customers in Switzerland
Mar 31, 2026
Sunrise Communications AG is expanding its role in Switzerland’s entertainment market by decoupling streaming services from its TV subscriptions, allowing any customer with a mobile, internet or home security plan to book popular entertainme...
Sunrise Sets May 7 Date for 2026 General Meeting and Publishes 2025 Reports
Mar 27, 2026
Sunrise Communications AG has called shareholders to its Ordinary General Meeting on 7 May 2026 at the Kongresshaus Zürich, with participation restricted to investors registered with voting rights by 29 April 2026. The company has made its 20...
Sunrise Prioritizes Existing Customers With New Sunrise Rewards Loyalty Program
Mar 23, 2026
Sunrise has launched Sunrise Rewards, a new loyalty program that prioritizes existing customers by improving offers the longer they stay and the more products they use, reversing the industry norm of favoring new-customer discounts. The scheme int...
Sunrise boosts roaming data and cuts prices with new global travel options
Mar 19, 2026
Sunrise Communications AG is enhancing its roaming portfolio by adding data volume and cutting prices across popular travel regions, while keeping or improving the value of existing options. The company aims to strengthen its appeal to Swiss trave...
Sunrise Named Top Overall Provider in Switzerland’s 2026 connect Komplettcheck
Feb 26, 2026
Sunrise Communications has been named the dominant test winner in the 2026 connect Komplettcheck for Switzerland, earning the highest overall rating of “outstanding” across all seven evaluated user profiles and taking first place in si...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.