--- title: "Televisa Q1 2026: Profits Surge as Fiber and Enterprise Offset Satellite Decline" type: "News" locale: "en" url: "https://longbridge.com/en/news/284657375.md" description: "Grupo Televisa, S.A.B. reported a 3.1% revenue decline to Ps.14.5 billion in Q1 2026, primarily due to a drop in satellite services. However, net income tripled to Ps.1.03 billion, supported by higher contributions from associates and lower expenses. The company is shifting towards fiber and enterprise solutions, achieving a 30% increase in enterprise revenue. Analysts rate the stock as a Hold with a price target of $3.70, citing weak financial performance but positive signals around margin improvement and cash flow." datetime: "2026-04-29T23:12:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284657375.md) - [en](https://longbridge.com/en/news/284657375.md) - [zh-HK](https://longbridge.com/zh-HK/news/284657375.md) --- # Televisa Q1 2026: Profits Surge as Fiber and Enterprise Offset Satellite Decline ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from Grupo Televisa, S.A.B. ( (TV) ). On April 28, 2026, Televisa reported first-quarter 2026 results showing a 3.1% year-on-year revenue decline to Ps.14.5 billion, largely due to a steep drop in satellite services revenue tied to a 27.6% contraction in its revenue-generating units. Despite softer top-line performance, operating segment income rose 5.2% with margin expanding to 41.4%, while net income attributable to shareholders more than tripled to Ps.1.03 billion, helped by higher contributions from associates, lower other expenses and reduced taxes. The company continued shifting its telecom mix toward higher-value connectivity, upgrading over 1.5 million homes to fiber-to-the-home, reaching more than 20 million homes passed, and posting gains in broadband and mobile subscribers that supported modest 0.9% residential revenue growth and a strong 30.0% jump in enterprise revenue. The contrasting trends underscore an ongoing strategic pivot away from declining satellite services toward fiber-based and enterprise solutions, a move that is helping sustain profitability and could reshape Televisa’s competitive position in Mexico’s telecom market despite rising finance costs. The most recent analyst rating on (TV) stock is a Hold with a $3.70 price target. To see the full list of analyst forecasts on Grupo Televisa, S.A.B. stock, see the TV Stock Forecast page. **Spark’s Take on TV Stock** According to Spark, TipRanks’ AI Analyst, TV is a Neutral. The score is held down primarily by weak financial performance (ongoing net losses and declining revenue) and bearish technical momentum (below key moving averages with weak RSI/MACD). Partially offsetting this are positive earnings-call signals around margin improvement, free cash flow and deleveraging, plus a moderate dividend yield, though guidance implies sustained elevated CapEx and the dividend suspension is a notable negative. To see Spark’s full report on TV stock, click here. **More about Grupo Televisa, S.A.B.** Grupo Televisa, S.A.B. is a Mexico-based telecommunications and media company that now reports its Cable and Sky operations as a single Telecom segment, encompassing residential, satellite and enterprise services. Its core offerings include broadband, pay TV, mobile virtual network operations and enterprise connectivity, with a network that passes more than 20 million homes. **Average Trading Volume:** 1,413,203 **Technical Sentiment Signal:** Sell **Current Market Cap:** $1.41B For an in-depth examination of TV stock, go to TipRanks’ Overview page. ### Related Stocks - [TV.US](https://longbridge.com/en/quote/TV.US.md) ## Related News & Research - [Grupo Televisa Q2 Earnings Call Highlights](https://longbridge.com/en/news/293792727.md) - [Televisa renews Santander market-maker contract for TLEVISA CPO shares through Aug. 2027](https://longbridge.com/en/news/294744926.md) - [Kentucky Benefits From 14,000 New Kinetic Fiber Builds | UNIT Stock News](https://longbridge.com/en/news/294975865.md) - [Uniti Group’s Kinetic adds 8,000 Oklahoma fiber locations in Q2 2026 expansion](https://longbridge.com/en/news/294975155.md) - [German factory orders unexpectedly jumped in June](https://longbridge.com/en/news/295067143.md)