Neutral TLS.AX, TLS AU Price (06 Aug 26):A$4.98 Price Target (Dec-26):A$5.45 J P M O R G A N Asia Pacific Equity Research 07 August 2026 Telstra FY26 result preview - Mobile pricing to underpin FY26 result, Satellite overhang to remain - we assume coverage at Neutral We assume coverage of TLS with a Neutral rating and Dec-26 PT of $5.45. Expectations into the result: TLS will report FY26 results on Thursday 13th August. We sit in line with BBG consensus and company guidance on key metrics, and see limited r ...