Koninklijke KPN NV

KPN: XAMS (NLD)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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KPN Earnings: We See Operational Outperformance Extending Into 2026, but Shares Look Overvalued

Javier Correonero

Oct 28, 2025

KPN maintained its commercial momentum in the third quarter, adding 6,000 net consumer broadband subscribers and 47,000 postpaid mobile subscribers sequentially. Service revenue rose 1.7% year on year, reflecting strength in both consumer and business segments.

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Koninklijke KPN NV

KPN Earnings: We See Operational Outperformance Extending Into 2026, but Shares Look Overvalued

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