kr2.06
0.48%
Oslo, Oct 02, 09:01 am CEST. Market open.
ISIN
NO0010081235
Symbol
NEL

Nel ASA Target price 2026 - Analyst rating & recommendation

Nel ASA Classifications & Recommendation

Buy
5%
Hold
43%
Sell
52%

Nel ASA Price Target

Target Price kr2.04
Price kr2.07
Deviation
Number of Estimates 15
15 Analysts have issued a price target Nel ASA 2027 . The average Nel ASA target price is kr2.04. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 1 Analysts recommend Nel ASA to buy, 9 to hold and 11 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Nel ASA stock has an average upside potential 2027 of . Most analysts recommend the Nel ASA stock at Sale.

Sales and Margin forecast 2026, 2027 to 2033

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Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Revenue Million kr 963.11 758.48
30.71% 21.25%
EBITDA Margin -28.53% -56.54%
129.31% 98.17%
Net Margin -131.36% -76.85%
647.22% 41.50%

13 Analysts have issued a sales forecast Nel ASA 2026 . The average Nel ASA sales estimate is

kr758m
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. This is
18.91% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
kr952m 1.82%
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, the lowest is
kr627m 32.97%
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.

This results in the following potential growth metrics:

Revenue Estimates

2025 kr963m 30.71%
2026
kr758m 21.25%
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2027
kr1.4b 79.44%
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2028
kr1.7b 23.66%
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2029
kr1.6b 4.99%
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2030
kr2.2b 34.96%
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2031
kr2.9b 35.03%
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2032
kr3.9b 34.97%
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2033
kr5.5b 39.36%
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13 Analysts have issued an Nel ASA EBITDA forecast 2026. The average Nel ASA EBITDA estimate is

kr-429m
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. This is
61.97% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
kr-295m 73.80%
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, the lowest is
kr-496m 56.03%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2025 kr-275m 58.89%
2026
kr-429m 56.05%
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2027
kr-211m 50.85%
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2028
kr-125m 40.84%
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2029
kr-285m 128.46%
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2030
kr113m 139.79%
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2031
kr378m 233.85%
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2032
kr904m 138.96%
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2033
kr1.3b 45.42%
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EBITDA Margin

2025 -28.53% 129.31%
2026
-56.54% 98.17%
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2027
-15.49% 72.60%
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2028
-7.41% 52.16%
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2029
-17.81% 140.35%
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2030
5.25% 129.48%
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2031
12.99% 147.43%
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2032
22.99% 76.98%
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2033
23.99% 4.35%
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13 Nel ASA Analysts have issued a net profit forecast 2026. The average Nel ASA net profit estimate is

kr-583m
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. This is
54.72% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
kr-502m 61.02%
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, the lowest is
kr-630m 51.03%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2025 kr-1.3b 417.77%
2026
kr-583m 53.92%
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2027
kr-392m 32.80%
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2028
kr-304m 22.41%
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Net Margin

2025 -131.36% 647.22%
2026
-76.85% 41.50%
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2027
-28.78% 62.55%
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2028
-18.06% 37.25%
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Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2033

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Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Earnings Per Share kr -0.76 -0.32
406.67% 57.89%
P/E negative
EV/Sales 3.60

13 Analysts have issued a Nel ASA forecast for earnings per share. The average Nel ASA EPS is

kr-0.32
unlock
. This is
54.29% higher
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than earnings per share in the financial year 2025. The highest EPS forecast is
kr-0.27 61.43%
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, the lowest is
kr-0.34 51.43%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2025 kr-0.76 406.67%
2026
kr-0.32 57.89%
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2027
kr-0.21 34.38%
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2028
kr-0.17 19.05%
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P/E ratio

Current -2.96 63.49%
2026
-6.53 120.82%
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2027
-9.71 48.70%
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2028
-12.52 28.94%
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Based on analysts' sales estimates for 2026, the Nel ASA stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.92 36.45%
2026
3.60 23.35%
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2027
2.01 44.27%
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2028
1.62 19.13%
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2029
3.39 109.09%
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2030
2.51 25.90%
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2031
1.86 25.95%
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2032
1.38 25.91%
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2033
0.50 63.88%
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P/S ratio

Current 4.11 12.30%
2026
5.06 23.32%
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2027
2.82 44.27%
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2028
2.28 19.13%
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2029
4.16 82.05%
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2030
3.08 25.90%
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2031
2.28 25.95%
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2032
1.69 25.91%
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2033
0.70 58.51%
unlock

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