Cadeler (CADLR) Stock Overview
Operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CADLR Community Fair Values
Create NarrativeSee what 77 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
NOK 95.36
FV
30.9% undervalued intrinsic discount30.00%
Revenue growth p.a.
2.1k
users have viewed this narrative4users have liked this narrative
3users have commented on this narrative
27users have followed this narrative
Cadeler A/S Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 65.90 |
| 52 Week High | NOK 68.75 |
| 52 Week Low | NOK 39.64 |
| Beta | 0.71 |
| 1 Month Change | 6.46% |
| 3 Month Change | 7.50% |
| 1 Year Change | 26.37% |
| 3 Year Change | 35.21% |
| 5 Year Change | 112.58% |
| Change since IPO | 180.43% |
Recent News & Updates
Narrative Update • May 11
CADLR: Balanced Broker Views And Taiwan Contracts Will Shape Forward Returns
Analysts now see Cadeler’s fair value aligning with a revised price target of NOK 65.85, a shift influenced by a higher discount rate of 10.16% and updated views that balance recent downgrades with a fresh Buy rating and NOK 74 target from Nordea, as well as a Hold rating and NOK 59 target from SEB Equities. Analyst Commentary Recent research on Cadeler highlights a split view, with some analysts becoming more optimistic while others take a more cautious stance on the stock’s risk and reward profile.Narrative Update • Apr 24
CADLR: Mixed Broker Views And Taiwan Contracts Will Shape Future Outlook
Narrative Update on Cadeler The analyst price target for Cadeler has been adjusted slightly lower, from NOK 67.47 to NOK 65.85, as analysts factor in mixed recent ratings changes and a modest reset in assumed future P/E multiples while keeping revenue growth and profit margin assumptions broadly unchanged. Analyst Commentary Recent research on Cadeler points to a mixed but engaged analyst view, with differing opinions on upside potential and the balance of risk around execution and valuation.Narrative Update • Apr 09
CADLR: Mixed Broker Views And Taiwan Contracts Will Shape Future Earnings Profile
Analysts have trimmed their Cadeler price target to about NOK 67 from around NOK 68, reflecting slightly lower fair value and profit margin assumptions, partly offset by a modestly lower discount rate and a higher future P/E multiple, along with mixed recent broker ratings. Analyst Commentary Recent research on Cadeler shows a split view, with some bullish analysts turning more positive on the shares and bearish analysts taking a more cautious stance on upside from current levels.Analysis Article • Mar 31
Cadeler (OB:CADLR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Cadeler A/S ( OB:CADLR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might be...Narrative Update • Mar 26
CADLR: Nexra Taiwan Contracts Will Support Re Rated Earnings Potential
Analysts have raised the Cadeler price target to NOK 68 from NOK 66. This reflects updated views on fair value, a slightly higher discount rate, and adjusted assumptions for revenue growth, profit margins, and future P/E after recent rating changes from Fearnley, Nordea, and SEB Equities.Recent updates
Narrative Update • May 11
CADLR: Balanced Broker Views And Taiwan Contracts Will Shape Forward Returns
Analysts now see Cadeler’s fair value aligning with a revised price target of NOK 65.85, a shift influenced by a higher discount rate of 10.16% and updated views that balance recent downgrades with a fresh Buy rating and NOK 74 target from Nordea, as well as a Hold rating and NOK 59 target from SEB Equities. Analyst Commentary Recent research on Cadeler highlights a split view, with some analysts becoming more optimistic while others take a more cautious stance on the stock’s risk and reward profile.Narrative Update • Apr 24
CADLR: Mixed Broker Views And Taiwan Contracts Will Shape Future Outlook
Narrative Update on Cadeler The analyst price target for Cadeler has been adjusted slightly lower, from NOK 67.47 to NOK 65.85, as analysts factor in mixed recent ratings changes and a modest reset in assumed future P/E multiples while keeping revenue growth and profit margin assumptions broadly unchanged. Analyst Commentary Recent research on Cadeler points to a mixed but engaged analyst view, with differing opinions on upside potential and the balance of risk around execution and valuation.Narrative Update • Apr 09
CADLR: Mixed Broker Views And Taiwan Contracts Will Shape Future Earnings Profile
Analysts have trimmed their Cadeler price target to about NOK 67 from around NOK 68, reflecting slightly lower fair value and profit margin assumptions, partly offset by a modestly lower discount rate and a higher future P/E multiple, along with mixed recent broker ratings. Analyst Commentary Recent research on Cadeler shows a split view, with some bullish analysts turning more positive on the shares and bearish analysts taking a more cautious stance on upside from current levels.Analysis Article • Mar 31
Cadeler (OB:CADLR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Cadeler A/S ( OB:CADLR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might be...Narrative Update • Mar 26
CADLR: Nexra Taiwan Contracts Will Support Re Rated Earnings Potential
Analysts have raised the Cadeler price target to NOK 68 from NOK 66. This reflects updated views on fair value, a slightly higher discount rate, and adjusted assumptions for revenue growth, profit margins, and future P/E after recent rating changes from Fearnley, Nordea, and SEB Equities.Narrative Update • Mar 12
CADLR: Nexra Contracts And Hold Rating Will Support More Balanced Future Returns
Analysts have lowered their Cadeler price target to NOK 59, reflecting slightly reduced fair value estimates along with updated assumptions for the discount rate, revenue growth, profit margins and forward P/E. This adjustment is also consistent with a recent move to a Hold rating in Street research.Narrative Update • Feb 26
CADLR: Larger Fleet And New Offshore Contracts Will Support Balanced Future Earnings
Analysts have adjusted their price target for Cadeler to NOK 67.19, with the updated view mainly tied to a slightly higher assumed discount rate and a higher future P/E multiple, while keeping fair value, revenue growth, and profit margin expectations broadly unchanged. What's in the News Nexra, Cadeler's dedicated service concept, signed a firm contract for an offshore wind Operations & Maintenance campaign in Taiwan, with expected value above €20 million.Narrative Update • Feb 12
CADLR: Expanded Vessel Fleet And O&M Contracts Will Support Balanced Future Earnings Potential
Analysts have adjusted their view on Cadeler with a small increase in the NOK price target to NOK 67.19. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E expectations.Narrative Update • Jan 28
CADLR: Enlarged Installation Fleet Will Support Future Offshore Contract Earnings Power
Analysts have slightly reduced their price target on Cadeler to €66.92. The adjustment reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E multiples.Narrative Update • Jan 11
CADLR: Expanded Ten Vessel Fleet And New Contracts Will Drive Earnings Power
Analysts have nudged their price target on Cadeler slightly higher, citing a small uplift in fair value to about 67.24 and a modestly lower discount rate, while keeping revenue growth, profit margin and future P/E assumptions broadly unchanged. What's in the News Cadeler delivered Wind Mover, its tenth next generation wind turbine installation vessel, ahead of schedule and within budget.Analysis Article • Jan 08
Why Investors Shouldn't Be Surprised By Cadeler A/S' (OB:CADLR) P/S
When you see that almost half of the companies in the Construction industry in Norway have price-to-sales ratios (or...Narrative Update • Dec 18
CADLR: Expanded Next-Generation Fleet Will Drive Future Earnings Power
Analysts have modestly lowered their price target on Cadeler, trimming valuation assumptions in light of a slightly reduced discount rate and future P E expectations, while maintaining their long term growth and margin outlook. This keeps estimated fair value effectively unchanged at around 66.74.Narrative Update • Dec 04
CADLR: New Long-Term Offshore Contracts Will Drive Future Earnings Power
Analysts have trimmed their price target on Cadeler to approximately $66.74 from about $75.16. This reflects expectations for slower revenue growth and slightly lower profit margins, which are only partly offset by a higher assumed future P/E multiple and a modestly higher discount rate.Analysis Article • Nov 23
Cadeler A/S Just Recorded A 9.1% EPS Beat: Here's What Analysts Are Forecasting Next
It's been a sad week for Cadeler A/S ( OB:CADLR ), who've watched their investment drop 13% to kr40.10 in the week...Narrative Update • Nov 20
CADLR: Upcoming Wind Project Contracts Will Drive Long-Term Profitability
Cadeler's analyst price target was recently revised downward from $83.62 to $75.16, as analysts adjusted forecasts to reflect a higher discount rate. This change comes despite expectations for improved revenue growth and profit margins.Analysis Article • Sep 05
Weekly Picks: 💸 A fintech heavyweight with even more upside potential and 2 more picks
This week’s picks cover: Why Venmo and merchant solutions are driving PayPal’s upside potential, how IREN’s pivot from Bitcoin mining to AI infrastructure is adding value, and how Cadeler’s fleet expansion rides offshore wind growth.Analysis Article • Sep 03
There May Be Underlying Issues With The Quality Of Cadeler's (OB:CADLR) Earnings
Investors were disappointed with Cadeler A/S' ( OB:CADLR ) earnings, despite the strong profit numbers. We think that...
Narrative Update • Aug 31
Cadeler set to grow with market.
Q2 2025 Update Cadeler reported very strong revenue growth in H1, with EUR 298 million (vs. EUR 82 million in the prior year), including a one-off payment of EUR 110–120 million related to the Ørsted cancellation.Analysis Article • Aug 29
Cadeler A/S Just Beat Revenue By 61%: Here's What Analysts Think Will Happen Next
Cadeler A/S ( OB:CADLR ) investors will be delighted, with the company turning in some strong numbers with its latest...Analysis Article • Jul 09
Cadeler A/S (OB:CADLR) Not Lagging Industry On Growth Or Pricing
When you see that almost half of the companies in the Construction industry in Norway have price-to-sales ratios (or...Analysis Article • May 24
Cadeler A/S Just Missed EPS By 78%: Here's What Analysts Think Will Happen Next
Cadeler A/S ( OB:CADLR ) just released its latest quarterly report and things are not looking great. The analysts look...Analysis Article • Apr 16
This Is The Reason Why We Think Cadeler A/S' (OB:CADLR) CEO Might Be Underpaid
Key Insights Cadeler to hold its Annual General Meeting on 22nd of April Salary of €592.3k is part of CEO Mikkel...Analysis Article • Mar 28
Cadeler A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
As you might know, Cadeler A/S ( OB:CADLR ) recently reported its yearly numbers. It looks like a credible result...
New Narrative • Mar 14
New Vessels Like Wind Peak Will Strengthen Future Renewable Energy Operations
Securing multivessel contracts and expanding the fleet with new vessels are expected to boost revenue and operational capacity.Analysis Article • Feb 14
Revenues Tell The Story For Cadeler A/S (OB:CADLR)
When close to half the companies in the Construction industry in Norway have price-to-sales ratios (or "P/S") below...Analysis Article • Jan 10
These 4 Measures Indicate That Cadeler (OB:CADLR) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Dec 04
Cadeler's (OB:CADLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems
A lackluster earnings announcement from Cadeler A/S ( OB:CADLR ) last week didn't sink the stock price. Our analysis...Analysis Article • Aug 27
Cadeler's (OB:CADLR) Returns Have Hit A Wall
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Analysis Article • Apr 06
Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings
We didn't see Cadeler A/S' ( OB:CADLR ) stock surge when it reported robust earnings recently. We think that investors...Analysis Article • Apr 01
Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Cadeler A/S ( OB:CADLR ) just released its full-year report and things are looking bullish. The company beat both...Analysis Article • Feb 28
Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like
A look at the shareholders of Cadeler A/S ( OB:CADLR ) can tell us which group is most powerful. Institutions often own...Shareholder Returns
| CADLR | NO Construction | NO Market | |
|---|---|---|---|
| 7D | -0.7% | -2.1% | -3.0% |
| 1Y | 26.4% | 11.6% | 22.3% |
Return vs Industry: CADLR exceeded the Norwegian Construction industry which returned 11.6% over the past year.
Return vs Market: CADLR exceeded the Norwegian Market which returned 22.3% over the past year.
Price Volatility
| CADLR volatility | |
|---|---|
| CADLR Average Weekly Movement | 4.9% |
| Construction Industry Average Movement | 4.1% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in NO Market | 11.7% |
| 10% least volatile stocks in NO Market | 3.3% |
Stable Share Price: CADLR has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: CADLR's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 1,073 | Mikkel Gleerup | www.cadeler.com |
Cadeler A/S, together with its subsidiaries, operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company engages in the transport and installation of offshore wind turbine generators, foundations, and topsides and substations; maintenance of offshore wind turbine generators, and offshore structures and platforms; and offshore construction within the renewable space. It is also involved offshore decommissioning within the renewable space; salvage assistance; and heavy lift and project cargo.
Cadeler A/S Fundamentals Summary
| CADLR fundamental statistics | |
|---|---|
| Market cap | NOK 26.30b |
| Earnings (TTM) | NOK 3.01b |
| Revenue (TTM) | NOK 6.67b |
8.4x
P/E Ratio3.8x
P/S RatioIs CADLR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CADLR income statement (TTM) | |
|---|---|
| Revenue | €620.35m |
| Cost of Revenue | €240.12m |
| Gross Profit | €380.23m |
| Other Expenses | €100.05m |
| Earnings | €280.18m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 20, 2026
| Earnings per share (EPS) | 0.73 |
| Gross Margin | 61.29% |
| Net Profit Margin | 45.17% |
| Debt/Equity Ratio | 107.1% |
How did CADLR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/12 17:16 |
| End of Day Share Price | 2026/05/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cadeler A/S is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mattias Karlkjell | ABG Sundal Collier |
| Daniel Vårdal Haugland | ABG Sundal Collier |
| Jørgen Lande | Danske Bank |