Nordnet AB (publ)

OM:SAVE 株式レポート

時価総額：SEK 91.7b

Nordnet 将来の成長

Future 基準チェック /46

Nordnet利益と収益がそれぞれ年間10.9%と7.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に38.9% 11.1%なると予測されています。

主要情報

10.9%

収益成長率

11.14%

EPS成長率

Capital Markets 収益成長25.4%
収益成長率7.5%
将来の株主資本利益率38.86%
アナリストカバレッジ

Good

最終更新日27 Jul 2026

今後の成長に関する最新情報

Recent updates

ナラティブ更新 • Aug 17

SAVE: Future Returns Will Rely On Customer Growth And Steady Savings Inflows

Nordnet's updated analyst price target has shifted slightly higher to around SEK 368 per share, as analysts factor in modest adjustments to key inputs, such as a slightly lower discount rate, a small change in revenue growth assumptions, a marginally higher profit margin and a slightly lower future P/E multiple. What’s in the News for Nordnet Nordnet reported monthly statistics for July 2026, covering trading activity, customer growth, savings flows and lending.
ナラティブ更新 • Jul 24

SAVE: Higher Future P/E Assumptions Will Signal Elevated Downside Risk

Analysts have modestly lifted their Nordnet price target from SEK 260 to about SEK 275, reflecting updated assumptions for discount rate, revenue, profit margin and future P/E levels in their valuation models. What’s in the News for Nordnet Nordnet reported monthly statistics for April 2026, with 5,635,700 trades in listed financial instruments, corresponding to 295,600 trades per day.
新しいナラティブ • Jul 10

Rapid Customer Growth And Deposits Will Support Long-Term Earnings Power

Catalysts About Nordnet Nordnet operates a digital savings and investments platform focused on retail customers across the Nordic region and Germany. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Jul 09

SAVE: Future Returns Will Depend On Customer Growth And Capital Allocation

Analysts have raised their price target for Nordnet from SEK 332.75 to SEK 360.43, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. What’s in the News for Nordnet Nordnet reported April 2026 operating statistics, including 5,635,700 trades in listed financial instruments, equal to 295,600 trades per day, with total customers reaching 2,446,000 and an annual customer growth rate of 11.8% (company announcement).
新しいナラティブ • Jun 26

AI Costs And Passive Investing Shift Will Pressure Margins And Future Returns

Catalysts About Nordnet Nordnet operates a digital savings and investment platform focused on retail investors across the Nordic region and is preparing to enter Germany. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Jun 25

SAVE: Future Returns Will Rely On Capital Allocation And Shareholder Distributions

The Analyst Price Target for Nordnet has been revised from SEK 321.50 to SEK 332.75 as analysts incorporate updated assumptions for discount rates, revenue growth, profit margins and future P/E into their valuation work. What's in the News Nordnet reported April 2026 monthly statistics, with 5,635,700 trades in listed financial instruments, equal to 295,600 trades per day.
ナラティブ更新 • Jun 05

SAVE: Future Returns Will Depend On CEO Transition And Capital Allocation

Analysts have made a small upward adjustment to Nordnet's fair value estimate, moving the price target from SEK 320.46 to SEK 321.50. This reflects updated views on discount rates, revenue growth and profit margins.
ナラティブ更新 • May 12

SAVE: Future Returns Will Hinge On CEO Transition And Capital Returns

Analysts have trimmed their Nordnet price target slightly to about SEK320, reflecting updated assumptions for discount rates, revenue growth and profit margins, while keeping future P/E expectations broadly in line with prior views. What's in the News Nordnet reported April 2026 monthly statistics, with 5,635,700 trades in listed instruments, equal to 295,600 trades per day, and 17,400 new customers, bringing the customer base to 2,446,000 and an annual customer growth rate of 11.8% (company announcement).
ナラティブ更新 • Apr 20

SAVE: Future Returns Will Hinge On CEO Transition And Dividend Policy

Analysts have adjusted their price target for Nordnet to SEK 320.58 from SEK 299.36. They cite updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as key drivers of the change.
ナラティブ更新 • Apr 04

SAVE: Future Returns Will Depend On Dividend Plans And CEO Succession

Analysts have maintained their SEK 299.36 price target for Nordnet, citing only small tweaks to inputs such as a slightly lower discount rate and marginally adjusted future P/E assumptions, rather than any major change in the underlying outlook. What's in the News Lars-Åke Norling plans to resign as CEO of Nordnet, with his tenure set to conclude on March 31, 2026 (Key Developments).
ナラティブ更新 • Mar 20

SAVE: Future Returns Will Depend On Dividend Policy And Leadership Transition

Analysts have kept their SEK price target for Nordnet broadly unchanged at SEK 299.36. They highlight only slight tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that fine tune rather than reset their view on the shares.
ナラティブ更新 • Mar 06

SAVE: Future Returns Will Rely On Dividend Policy And Trading Activity

Analysts have increased their fair value estimate for Nordnet slightly, from SEK 298.45 to SEK 299.36, citing small adjustments to the discount rate, revenue growth assumptions and future P/E expectations. What's in the News The Board of Directors intends to propose a dividend of SEK 8.60 per share for 2025, signaling a clear payout plan for shareholders ahead of the next annual meeting (Key Developments).
ナラティブ更新 • Feb 20

SAVE: Future Returns Will Rely On Trading Activity And Dividend Payout Framework

Analysts have made a small upward adjustment to their Nordnet fair value estimate, moving it from about SEK 297.27 to around SEK 298.45. This change reflects slightly higher modeled revenue growth, profit margin and a marginally lower future P/E assumption.
ナラティブ更新 • Feb 06

SAVE: Future Returns Will Rely On Trading Activity And Cash Distribution Framework

Analysts have raised their fair value estimate for Nordnet to SEK 297.27 from SEK 284.64, citing updated assumptions for revenue growth, discount rate and future P/E that they state better reflect the company’s current risk and earnings profile. What's in the News The Board of Directors intends to propose a dividend of SEK 8.60 per share for 2025, signalling a planned cash return framework for shareholders if approved (Key Developments).
分析記事 • Jan 31

Nordnet (STO:SAVE) Is Increasing Its Dividend To SEK8.60

Nordnet AB (publ)'s ( STO:SAVE ) dividend will be increasing from last year's payment of the same period to SEK8.60 on...
ナラティブ更新 • Jan 21

SAVE: Future Returns Will Rely On Sustained Trading And Customer Activity

Analysts have nudged their Nordnet fair value estimate higher to SEK 284.64 from SEK 278.70, citing slightly stronger assumptions on revenue growth, profit margin and future P/E, as well as a marginally lower discount rate. What's in the News November 2025 monthly statistics showed 5,054,900 customer trades in listed instruments, equal to 252,700 trades per day, with net savings of SEK 5.5b and total savings capital of SEK 1,168b at month end (company report).
分析記事 • Jan 07

Here's Why We Think Nordnet (STO:SAVE) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
ナラティブ更新 • Jan 07

SAVE: Future Returns Will Depend On Sustained Trading And Customer Activity

Analysts have kept their fair value estimate for Nordnet steady at €278.70, with only marginal tweaks to the discount rate, long term revenue growth, profit margin assumptions and future P/E. This reflects fine tuning of their models rather than a change in their overall view.
ナラティブ更新 • Dec 19

SAVE: Future Returns Will Rely On Stable Trading Activity And Profitability

Analysts have raised their price target on Nordnet slightly to SEK 278.70 from SEK 275.30, reflecting modestly lower perceived risk, marginally improved long term profitability assumptions, and a slightly higher expected valuation multiple. What's in the News November 2025 monthly statistics showed 5,054,900 customer trades, with 252,700 trades per day and net savings of SEK 5.5 billion, bringing 2025 year to date net savings to SEK 73.4 billion (company data).
ナラティブ更新 • Dec 05

SAVE: Future Returns Will Depend On Stable Activity And Profitability Dynamics

Analysts have slightly reduced their price target for Nordnet to approximately SEK 275 per share from about SEK 278, citing modestly higher discount rate assumptions. Long term growth and profitability expectations are broadly unchanged.
ナラティブ更新 • Nov 21

SAVE: Future Performance Will Depend On Steady Discount Rate And Profit Margins

Analysts have made a minor upward revision to Nordnet's price target, reflecting incremental adjustments in discount rate and future earnings expectations. The fair value estimate remains unchanged at SEK 277.89.
ナラティブ更新 • Nov 06

SAVE: Future Performance Will Depend On Discount Rate And Profit Margins Remaining Stable

Analysts have slightly raised their price target for Nordnet, increasing it from SEK 276.78 to SEK 277.89. They cite modest improvements in revenue growth projections and a lower discount rate as key factors supporting this update.
ナラティブ更新 • Oct 22

Analysts Lift Nordnet Price Target as Profit Margins and Revenue Growth Accelerate

Analysts have raised their price target for Nordnet from SEK 271.78 to SEK 276.78, citing expectations of higher revenue growth and improving profit margins. What's in the News The Federal Aviation Administration experienced staffing shortages, which led to flight delays for a third consecutive day as the government shutdown continues.
ナラティブ更新 • Oct 08

Digital Transformation And German Expansion Will Shape Success

Nordnet Analyst Price Target Raised as Growth Outlook Improves Analysts have increased their price target on Nordnet from SEK 267.22 to SEK 271.78, citing stronger revenue growth projections that compensate for a slight decline in expected profit margins. Valuation Changes Fair Value: Increased modestly from SEK 267.22 to SEK 271.78 Discount Rate: Edged up slightly from 8.58% to 8.67% Revenue Growth: Forecast revised upward, rising from 3.64% to 4.23% Net Profit Margin: Declined from 55.89% to 53.40% Future P/E: Increased from 22.86x to 23.97x
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新しいナラティブ • Dec 10

Robust Customer Growth And Danish Pension Launch Drive Revenue And Margin Expansion

Strong customer growth and increased savings highlight revenue potential, with higher-margin branded funds bolstering profitability as customer preferences shift.

業績と収益の成長予測

OM:SAVE - アナリストの将来予測と過去の財務データ ( )SEK Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/20287,7204,4814,5955,39512
12/31/20277,0294,0344,0984,96512
12/31/20266,3663,6136776,17911
6/30/20266,5993,3529,1449,413N/A
3/31/20266,2103,11614,01014,296N/A
12/31/20256,0923,07512,27012,546N/A
9/30/20256,0583,00915,06415,331N/A
6/30/20255,9622,98616,76017,026N/A
3/31/20255,9162,99515,05115,293N/A
12/31/20245,7462,9005,8526,096N/A
9/30/20245,4972,726504764N/A
6/30/20245,4052,672-1,849-1,597N/A
3/31/20245,1802,520-5,537-5,306N/A
12/31/20235,0652,457-12,815-12,598N/A
9/30/20234,8572,312-16,241-16,046N/A
6/30/20234,5302,070-12,464-12,287N/A
3/31/20234,2191,726-7,198-7,031N/A
12/31/20224,0101,5876,3336,493N/A
9/30/20223,9421,55013,17913,339N/A
6/30/20223,9311,56718,25918,412N/A
3/31/20224,0631,77716,33316,490N/A
12/31/20214,3341,94713,44513,612N/A
9/30/20214,2311,77210,79610,947N/A
6/30/20214,0411,6401,9102,055N/A
3/31/20213,8201,502-7,060-6,928N/A
12/31/20203,2301,13711,79611,899N/A
9/30/20202,76091211,77711,939N/A
6/30/20202,45571615,09915,236N/A
3/31/20202,113487N/A23,647N/A
12/31/20191,826313N/A2,536N/A
9/30/20191,591290N/A2,917N/A
6/30/20191,515244N/A1,613N/A
3/31/20191,451207N/A3,046N/A
12/31/20181,375118N/A3,513N/A
9/30/20181,38889N/A1,644N/A
6/30/20181,363106N/A2,040N/A
3/31/20181,338117N/A2,131N/A
12/31/20171,325167N/A2,585N/A
9/30/20171,327249N/A3,786N/A
6/30/20171,320274N/A1,310N/A
3/31/20171,317306N/A2,154N/A
12/31/20161,287297N/A3,889N/A
9/30/20161,279298N/A-51N/A
6/30/20161,284304N/A2,473N/A
3/31/20161,298322N/A1,698N/A
12/31/20151,330358N/A2,545N/A
9/30/20151,383351N/A5,457N/A

アナリストによる今後の成長予測

収入対貯蓄率: SAVEの予測収益成長率 (年間10.9% ) は 貯蓄率 ( 2.1% ) を上回っています。

収益対市場: SAVEの収益 ( 10.9% ) はSwedish市場 ( 7.2% ) よりも速いペースで成長すると予測されています。

高成長収益: SAVEの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: SAVEの収益 ( 7.5% ) Swedish市場 ( -1.3% ) よりも速いペースで成長すると予測されています。

高い収益成長: SAVEの収益 ( 7.5% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: SAVEの 自己資本利益率 は、3年後には高くなると予測されています ( 38.9 %)

成長企業の発掘

7D

1Y

7D

1Y

7D

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企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/08/23 03:35
終値2026/08/21 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Nordnet AB (publ) 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22

アナリスト機関
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Grace DarganBarclays
Michael SandersonBarclays