Nel (NEL) Stock Overview
A hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NEL Community Fair Values
Create NarrativeSee what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.
Nel ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 2.14 |
| 52 Week High | NOK 5.19 |
| 52 Week Low | NOK 1.95 |
| Beta | 1.59 |
| 1 Month Change | -7.27% |
| 3 Month Change | -17.42% |
| 1 Year Change | -57.07% |
| 3 Year Change | -82.38% |
| 5 Year Change | -88.09% |
| Change since IPO | -99.21% |
Recent News & Updates
Nel (OB:NEL) Is In A Good Position To Deliver On Growth Plans
Sep 27
US Tax Incentives Will Unlock Green Hydrogen Potential
Key Takeaways Growing demand, favorable policies, and strong partnerships are expanding Nel's order backlog and supporting robust long-term revenue opportunities in the green hydrogen market. Ongoing technology improvements and cost-cutting measures are expected to boost profitability, improve margins, and strengthen Nel's competitive position.Recent updates
Nel (OB:NEL) Is In A Good Position To Deliver On Growth Plans
Sep 27US Tax Incentives Will Unlock Green Hydrogen Potential
Key Takeaways Growing demand, favorable policies, and strong partnerships are expanding Nel's order backlog and supporting robust long-term revenue opportunities in the green hydrogen market. Ongoing technology improvements and cost-cutting measures are expected to boost profitability, improve margins, and strengthen Nel's competitive position.Bearish: Analysts Just Cut Their Nel ASA (OB:NEL) Revenue and EPS estimates
May 02Nel ASA's (OB:NEL) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors
Apr 17With A 31% Price Drop For Nel ASA (OB:NEL) You'll Still Get What You Pay For
Jan 14Nel ASA's (OB:NEL) 33% Cheaper Price Remains In Tune With Revenues
Nov 27What You Can Learn From Nel ASA's (OB:NEL) P/S After Its 28% Share Price Crash
Oct 13Market Participants Recognise Nel ASA's (OB:NEL) Revenues Pushing Shares 53% Higher
May 25Nel (OB:NEL) Is Using Debt Safely
May 24Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects As Shares Rocket 31%
Apr 10Calculating The Fair Value Of Nel ASA (OB:NEL)
Mar 27Earnings Update: Nel ASA (OB:NEL) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mar 01Why We're Not Concerned Yet About Nel ASA's (OB:NEL) 27% Share Price Plunge
Jan 17At kr5.94, Is It Time To Put Nel ASA (OB:NEL) On Your Watch List?
Jan 13Nel (OB:NEL) Is Using Debt Safely
Dec 12Nel (OB:NEL) Is Using Debt Safely
Sep 13Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects
Jun 17Is Nel (OB:NEL) Using Too Much Debt?
May 11Does Nel (OB:NEL) Have A Healthy Balance Sheet?
Feb 06Is Nel (OB:NEL) Using Too Much Debt?
Sep 02Health Check: How Prudently Does Nel (OB:NEL) Use Debt?
May 17Is Nel (OB:NEL) Using Debt In A Risky Way?
Jan 27Is Nel (OB:NEL) Using Debt Sensibly?
Oct 14Time To Worry? Analysts Are Downgrading Their Nel ASA (OB:NEL) Outlook
Aug 22Shareholder Returns
| NEL | NO Electrical | NO Market | |
|---|---|---|---|
| 7D | 0.7% | 4.8% | 1.8% |
| 1Y | -57.1% | 24.7% | 10.8% |
Return vs Industry: NEL underperformed the Norwegian Electrical industry which returned 24.7% over the past year.
Return vs Market: NEL underperformed the Norwegian Market which returned 10.8% over the past year.
Price Volatility
| NEL volatility | |
|---|---|
| NEL Average Weekly Movement | 6.2% |
| Electrical Industry Average Movement | 5.5% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.4% |
Stable Share Price: NEL has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: NEL's weekly volatility has decreased from 12% to 6% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | 361 | Hakon Volldal | nelhydrogen.com |
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates in Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology.
Nel ASA Fundamentals Summary
| NEL fundamental statistics | |
|---|---|
| Market cap | NOK 4.17b |
| Earnings (TTM) | -NOK 489.05m |
| Revenue (TTM) | NOK 1.11b |
Is NEL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEL income statement (TTM) | |
|---|---|
| Revenue | NOK 1.11b |
| Cost of Revenue | NOK 460.52m |
| Gross Profit | NOK 650.20m |
| Other Expenses | NOK 1.14b |
| Earnings | -NOK 489.05m |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
Oct 29, 2025
| Earnings per share (EPS) | -0.27 |
| Gross Margin | 58.54% |
| Net Profit Margin | -44.03% |
| Debt/Equity Ratio | 0% |
How did NEL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/29 17:01 |
| End of Day Share Price | 2025/09/29 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Nel ASA is covered by 26 analysts. 10 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 |
|---|---|
| James Carmichael | Berenberg |
| Alexander Jones | BofA Global Research |
| Mikkel Nyholt-Smedseng | Carnegie Investment Bank AB |