Update shared on08 Oct 2025
Fair value Increased 3.20%SalMar's analyst price target has been raised from NOK 535.71 to NOK 552.86, as analysts cite recent valuation reviews and evolving market conditions in their updated outlook.
Analyst Commentary
Analysts have provided a balanced view on SalMar's outlook in light of recent ratings adjustments and price target revisions.
Bullish Takeaways
- Bullish analysts highlight SalMar's strong position in its core markets, underpinned by resilient demand for seafood products.
- There is confidence in the company’s ability to execute on operational improvements. Expectations for enhanced efficiency and cost management are driving potential margin expansion.
- Ongoing investments in growth projects are seen as catalysts for long-term value creation. These factors support upward revisions in price targets.
Bearish Takeaways
- Bearish analysts express concerns about the limited upside following recent valuation gains, which has led to more cautious rating adjustments.
- Competitive pressures and potential regulatory challenges could impact future profit growth and market share.
- Uncertainty in global seafood markets, including fluctuations in demand and pricing, is noted as a potential risk to SalMar's growth trajectory.
What's in the News
- SalMar ASA has begun a significant share repurchase program with up to 13,375,557 shares targeted, representing 10% of issued share capital. This is under an authorization expiring in 2026 or until June 30, 2026 (Key Developments).
- An additional share repurchase initiative was launched on August 21, 2025, to buy back up to 100,000 shares for NOK 65 million. This initiative specifically supports the company’s share-based employee incentive programs and is valid no later than September 30, 2025 (Key Developments).
- SalMar ASA raised its 2025 production guidance, projecting a total harvest of 298,000 tonnes, which is an 18% increase versus 2024. This is driven by growth in Northern Norway and the inclusion of Wilsgård (Key Developments).
- For the second quarter of 2025, SalMar reported a harvest volume of 64,500 tonnes (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has risen slightly from NOK 535.71 to NOK 552.86. This reflects a modest increase following recent outlook revisions.
- Discount Rate remains unchanged at 6.16%, which suggests stable risk assessments by analysts.
- Revenue Growth projection is essentially stable, shifting marginally from 12.55% to 12.55% year-over-year.
- Net Profit Margin is nearly unchanged, moving from 22.53% to 22.53%.
- Future P/E has increased modestly from 11.08x to 11.43x. This indicates slightly higher valuation expectations for projected earnings.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.