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Cellcom Israel (IL:CEL)
TASE:CEL
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Cellcom (CEL) AI Stock Analysis

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IL:CEL

Cellcom

(TASE:CEL)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
3,651.00
▼(-5.59% Downside)
Action:Reiterated
Date:07/16/26
The score is driven primarily by improved financial performance (stronger margins/returns and declining leverage) and supportive valuation (low P/E and high dividend yield). These positives are tempered by mixed technicals, with the stock still below key longer-term moving averages and a negative MACD.
Positive Factors
Profitability improvement
Sustained margin expansion to the mid-teens reflects stronger operating leverage and cost control versus prior years. Durable higher margins raise cash generation and return potential, supporting dividends and reinvestment even if revenue growth is muted.
Negative Factors
Revenue weakness
A persistent top-line decline erodes scale advantages and limits upside from margin gains. If subscriber additions or pricing do not recover, revenue contraction can make current profitability levels harder to sustain and restrict funding for growth or network investment.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability improvement
Sustained margin expansion to the mid-teens reflects stronger operating leverage and cost control versus prior years. Durable higher margins raise cash generation and return potential, supporting dividends and reinvestment even if revenue growth is muted.
Read all positive factors

Cellcom (CEL) vs. iShares MSCI Israel ETF (EIS)

Cellcom Business Overview & Revenue Model

Company Description
Cellcom Israel Ltd. provides cellular communications services in Israel. The company offers wired communication services, including internet access and infrastructure, television services over the Internet, fixed telephony, and transmission servic...
How the Company Makes Money
Cellcom primarily makes money by charging recurring service fees for telecommunications access and usage. Key revenue streams typically include: (1) Mobile services revenue from monthly subscription plans (postpaid and prepaid), which may bundle v...

Cellcom Financial Statement Overview

Summary
Fundamentals have improved meaningfully: margins and profitability rose sharply in 2024–TTM and leverage declined (debt-to-equity down to ~0.71x TTM). Cash generation is solid with expanding free cash flow, though cash conversion metrics softened in TTM vs 2025. The main constraint is a flat-to-slightly-declining revenue trend in 2025 and TTM.
Income Statement
73
Positive
Balance Sheet
64
Positive
Cash Flow
70
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.14B4.24B4.44B4.40B4.30B4.10B
Gross Profit1.48B1.13B1.41B1.34B1.27B1.14B
EBITDA1.40B1.35B1.31B1.22B1.20B1.10B
Net Income576.00M564.00M173.00M134.00M157.00M27.00M
Balance Sheet
Total Assets6.20B6.50B6.50B6.62B7.00B6.57B
Cash, Cash Equivalents and Short-Term Investments311.00M487.00M371.00M497.00M773.00M644.00M
Total Debt1.93B2.21B2.66B2.99B3.61B3.42B
Total Liabilities3.49B3.67B4.05B4.36B4.89B4.65B
Stockholders Equity2.71B2.83B2.45B2.26B2.10B1.92B
Cash Flow
Free Cash Flow727.00M740.00M530.00M510.00M484.00M454.00M
Operating Cash Flow1.18B1.15B1.20B1.17B1.08B1.05B
Investing Cash Flow-110.00M-95.00M-654.00M-525.00M-704.00M-192.00M
Financing Cash Flow-982.00M-946.00M-642.00M-949.00M-243.00M-933.00M

Cellcom Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price3867.00
Price Trends
50DMA
3425.10
Negative
100DMA
3496.95
Negative
200DMA
3466.79
Negative
Market Momentum
MACD
-69.89
Negative
RSI
56.33
Neutral
STOCH
44.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:CEL, the sentiment is Neutral. The current price of 3867 is above the 20-day moving average (MA) of 3137.20, above the 50-day MA of 3425.10, and above the 200-day MA of 3466.79, indicating a neutral trend. The MACD of -69.89 indicates Negative momentum. The RSI at 56.33 is Neutral, neither overbought nor oversold. The STOCH value of 44.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IL:CEL.

Cellcom Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₪278.65M9.784.87%68.18%
70
Outperform
₪6.70B21.113.49%-3.92%9.33%
69
Neutral
₪5.24B9.069.92%3.18%-6.29%151.91%
59
Neutral
₪19.29B14.7754.58%5.00%-2.57%22.49%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:CEL
Cellcom
3,307.00
551.34
20.01%
IL:BEZQ
Bezeq
725.00
112.76
18.42%
IL:SCC
Space Com
208.40
183.37
732.47%
IL:PTNR
Partner
3,784.00
908.67
31.60%
IL:GLTL
Gilat Telecom
229.30
132.20
136.15%
IL:NXTM
Nextcom
1,499.00
575.70
62.35%
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.Date of analysis: Jul 16, 2026