Here’s What You Need to Know About Turkcell Iletisim Hizmetleri (TKC)

​Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is one of the Most Undervalued Foreign Stocks to Buy According to Analysts. Wall Street is bullish on the stock, with all 9 analysts covering the stock having a Buy rating. Analysts’ 12-month price target reflects more than 27% upside from the current levels.

​Recently, on January 12, Bank of America Securities maintained a Buy rating on Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) with a $7.56 price target. BofA noted that it expects the company to grow revenue by 7% and maintain margins at 43% throughout 2026. The firm noted that the company is set to commercially launch 5G in April this year, which is expected to act as a tailwind for its future performance.

​Moreover, the firm highlighted that Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) differentiates from its competitors due to its exposure to the data centers. This segment is expected to account for roughly 10% of the company’s total revenue within the next 5 years.

​Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a Turkish provider of converged telecommunication and technology services. The company’s core offerings include tower and satellite services, fixed data services, international roaming services, and voice services.

While we acknowledge the potential of TKC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TKC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.