Norwegian Top Stock Picks from Analysts

Cadeler

Market Cap: NOK 18.8b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

TGS

Market Cap: NOK 14.5b

Provides geoscience data services to the oil and gas industry in Norway and internationally.

Sea1 Offshore

Market Cap: NOK 3.3b

Owns and operates offshore support vessels for the offshore energy service industry.

Akastor

Market Cap: NOK 3.1b

Operates as an oilfield services investment company in Norway and internationally.

Shelf Drilling (North Sea)

Market Cap: NOK 2.9b

Operates as a shallow water offshore drilling contractor in Denmark, Qatar, the United Kingdom, and Norway.

Hexagon Composites

Market Cap: NOK 2.6b

Provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide.

Agilyx

Market Cap: NOK 2.6b

Provides plastic waste solutions in Europe, the United States, and the Asia pacific.

Panoro Energy

Market Cap: NOK 2.6b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

Ventura Offshore Holding

Market Cap: NOK 2.6b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Salmon Evolution

Market Cap: NOK 2.4b

Operates as a land-based salmon farming company in Norway and internationally.

Kaldvik

Market Cap: NOK 2.2b

Engages in the salmon farming business in Iceland.

Archer

Market Cap: NOK 2.0b

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally.

Magnora

Market Cap: NOK 1.4b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Norse Atlantic

Market Cap: NOK 1.2b

Provides long-haul airline services in Norway, the United Kingdom, rest of Europe, the United States, and internationally.

Nekkar

Market Cap: NOK 1.0b

Operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally.

Elliptic Laboratories

Market Cap: NOK 979.2m

An artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan.

Hexagon Purus

Market Cap: NOK 732.7m

Provides hydrogen and battery energy storage solutions.

Vow

Market Cap: NOK 614.2m

Produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy.

Nykode Therapeutics

Market Cap: NOK 533.9m

A clinical-stage biopharmaceutical company, discovers and develops novel immunotherapies for the treatment of cancer and autoimmune diseases.

Capsol Technologies

Market Cap: NOK 493.8m

Provides carbon capture technology solutions using hot potassium carbonate solvent in the Europe, the United States, and internationally.

Lytix Biopharma

Market Cap: NOK 491.5m

A clinical stage biotech company, develops novel cancer immunotherapies for cancer therapy in the United States.

Cyviz

Market Cap: NOK 480.1m

Operates as a technology provider for conference and control rooms and command and experience centers in Europe, the Middle East, the Asia Pacific, and North America.

Arribatec Group

Market Cap: NOK 424.7m

A software and consulting company, provides digital business solutions in Norway, Europe, the Americas, and internationally.

Navamedic

Market Cap: NOK 379.7m

A pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Norway, Sweden, Denmark, Finland, the Netherlands, and internationally.

Cavendish Hydrogen

Market Cap: NOK 273.7m

A hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, the United States, South Korea, and Austria.

Petrolia NOCO

Market Cap: NOK 204.0m

An exploration and production company, exploration, development, and production of oil and gas in the Norwegian continental shelf.

MPC Energy Solutions

Market Cap: NOK 202.9m

An independent power producer, develops, builds, owns, and operates renewable energy assets in Latin America and the Caribbean.

Desert Control

Market Cap: NOK 170.6m

Provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in Norway, and the United States.

Lifecare

Market Cap: NOK 131.5m

Operates as a medical sensor company that develops technology for sensing and monitoring of various body analytes in Norway.

Aker Carbon Capture

Market Cap: NOK 104.9m

Operates as a carbon capture company.