Nel ASA
OB:NEL Stock Report
Nel Future Growth
Future criteria checks 2/6 Nel is forecast to grow earnings and revenue by 33.4% and 22.1% per annum respectively. EPS is expected to grow by 36.5% per annum. Return on equity is forecast to be -4.7% in 3 years.
Key information
33.4%
Earnings growth rate
Electrical earnings growth 15.5% Revenue growth rate 22.1% Future return on equity -4.7% Analyst coverage Good
Last updated 13 Nov 2024
Recent future growth updates
Price target decreased by 8.9% to kr4.89 Nov 11
Price target decreased by 7.8% to kr5.47 Oct 17
Consensus EPS estimates upgraded to kr0.22 loss, revenue downgraded Jul 11
Price target decreased by 8.1% to kr6.45 May 19
Consensus EPS estimates upgraded to kr0.26 loss, revenue downgraded Apr 24
Price target decreased by 8.0% to kr6.49 Apr 18
Show all updates
Price target decreased by 8.9% to kr4.89 Nov 11
Price target decreased by 7.8% to kr5.47 Oct 17
Third quarter 2024 earnings released: kr0.069 loss per share (vs kr0.14 loss in 3Q 2023) Oct 16
What You Can Learn From Nel ASA's (OB:NEL) P/S After Its 28% Share Price Crash Oct 13 Nel ASA(OB:NEL) dropped from Oslo OBX Total Return Index Sep 24
New minor risk - Profitability Aug 16
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Jul 18
Consensus EPS estimates upgraded to kr0.22 loss, revenue downgraded Jul 11 Nel ASA to Report Q3, 2025 Results on Oct 29, 2025 Nel ASA completed the Spin-Off of Cavendish Hydrogen ASA (OB:CAVEN). Jun 13
New major risk - Share price stability May 26
Market Participants Recognise Nel ASA's (OB:NEL) Revenues Pushing Shares 53% Higher May 25
Nel (OB:NEL) Is Using Debt Safely May 24
Price target decreased by 8.1% to kr6.45 May 19
Consensus EPS estimates upgraded to kr0.26 loss, revenue downgraded Apr 24
Price target decreased by 8.0% to kr6.49 Apr 18
First quarter 2024 earnings released: kr0.013 loss per share (vs kr0.12 loss in 1Q 2023) Apr 17
Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects As Shares Rocket 31% Apr 10
Calculating The Fair Value Of Nel ASA (OB:NEL) Mar 27
Now 20% undervalued after recent price drop Mar 06
Earnings Update: Nel ASA (OB:NEL) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts Mar 01
Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat Feb 29
No longer forecast to breakeven Feb 29
Price target decreased by 7.2% to kr7.99 Feb 15
Price target decreased by 7.3% to kr8.44 Feb 09
Now 24% overvalued Jan 19
Why We're Not Concerned Yet About Nel ASA's (OB:NEL) 27% Share Price Plunge Jan 17
Price target decreased by 9.3% to kr9.13 Jan 15
At kr5.94, Is It Time To Put Nel ASA (OB:NEL) On Your Watch List? Jan 13 ITOCHU Corporation (TSE:8001) and Osaka Gas Co., Ltd. (TSE:9532) agreed to acquire 13.56% stake in Everfuel A/S (OB:EFUEL) from Nel ASA (OB:NEL) for NOK 120 million. Dec 14
Nel (OB:NEL) Is Using Debt Safely Dec 12
Price target decreased by 9.0% to kr10.27 Dec 06
New minor risk - Share price stability Nov 02
Third quarter 2023 earnings released: kr0.14 loss per share (vs kr0.17 loss in 3Q 2022) Oct 26
New major risk - Revenue and earnings growth Oct 25
Price target decreased by 7.9% to kr13.78 Oct 16
Nel (OB:NEL) Is Using Debt Safely Sep 13
New minor risk - Share price stability Jul 21
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Jul 20
Consensus revenue estimates increase by 19%, EPS downgraded Jul 18
Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects Jun 17 Nel ASA to Report Q3, 2024 Results on Oct 16, 2024
Is Nel (OB:NEL) Using Too Much Debt? May 11
High number of new directors May 03
First quarter 2023 earnings released: kr0.12 loss per share (vs kr0.057 profit in 1Q 2022) Apr 28
Consensus EPS estimates upgraded to kr0.48 loss, revenue downgraded Mar 10
Consensus EPS estimates fall by 16%, revenue upgraded Mar 09
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Mar 01
Price target increased by 8.2% to kr15.39 Feb 13
Does Nel (OB:NEL) Have A Healthy Balance Sheet? Feb 06
An unknown buyer acquired a 17.64% stake in Hyon AS (OB:HYON) from Nel ASA (OB:NEL) for NOK 7 million. Jan 26 Nel ASA to Report Fiscal Year 2022 Results on Feb 28, 2023
Consensus EPS estimates fall by 15% Oct 27
Third quarter 2022 earnings released: kr0.17 loss per share (vs kr0.35 loss in 3Q 2021) Oct 21
Is Nel (OB:NEL) Using Too Much Debt? Sep 02
Consensus EPS estimates fall by 11% Aug 18
Second quarter 2022 earnings released: kr0.18 loss per share (vs kr0.21 loss in 2Q 2021) Aug 12
Price target decreased to kr15.86 Jun 21
Consensus forecasts updated May 17
Health Check: How Prudently Does Nel (OB:NEL) Use Debt? May 17
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind May 13
Nel ASA to Report Q2, 2022 Results on Aug 11, 2022 May 02
Consensus forecasts updated Apr 27
Consensus EPS estimates fall by 22% Feb 23
Chief Executive Officer recently sold kr13m worth of stock Feb 22
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Feb 17
Price target decreased to kr17.16 Feb 08
Is Nel (OB:NEL) Using Debt In A Risky Way? Jan 27
Third quarter 2021 earnings released: kr0.35 loss per share (vs kr0.47 loss in 3Q 2020) Oct 22
Is Nel (OB:NEL) Using Debt Sensibly? Oct 14
Time To Worry? Analysts Are Downgrading Their Nel ASA (OB:NEL) Outlook Aug 22
Second quarter 2021 earnings released: kr0.21 loss per share (vs kr0.45 profit in 2Q 2020) Aug 21
Consensus revenue estimates fall to kr786.0m Aug 20
Price target decreased to kr22.64 Aug 20
Investor sentiment deteriorated over the past week Aug 05
Price target decreased to kr26.07 Jul 16
First quarter 2021 earnings released: kr0.45 loss per share (vs kr0.003 loss in 1Q 2020) May 05
Investor sentiment deteriorated over the past week May 04
Consensus forecasts updated Apr 29
Investor sentiment improved over the past week Apr 01
Full year 2020 earnings released Mar 26
New 90-day low: kr22.89 Mar 04
Nel ASA has completed a Follow-on Equity Offering in the amount of NOK 1.225125 billion. Feb 26
Full year 2020 earnings released: EPS kr0.92 (vs kr0.22 loss in FY 2019) Feb 20
Earnings and Revenue Growth Forecasts OB:NEL - Analysts future estimates and past financials data (NOK Millions) Date Revenue Earnings Free Cash Flow Cash from Op Avg. No. Analysts 12/31/2026 2,468 -235 -726 -62 16 12/31/2025 1,711 -374 -665 -285 17 12/31/2024 1,528 -305 -936 -234 15 9/30/2024 1,718 -533 -1,292 -407 N/A 6/30/2024 1,654 -585 -1,415 -554 N/A 3/31/2024 1,693 -695 -1,481 -703 N/A 12/31/2023 1,681 -855 -1,409 -670 N/A 9/30/2023 1,307 -1,237 -1,239 -723 N/A 6/30/2023 1,180 -1,329 -1,117 -647 N/A 3/31/2023 982 -1,376 -897 -560 N/A 12/31/2022 915 -1,171 -969 -691 N/A 9/30/2022 781 -720 -876 -599 N/A 6/30/2022 827 -967 -869 -596 N/A 3/31/2022 805 -1,005 -786 -424 N/A 12/31/2021 753 -1,667 -827 -449 N/A 9/30/2021 723 -102 -817 -441 N/A 6/30/2021 621 -222 -725 -392 N/A 3/31/2021 607 687 -648 -396 N/A 12/31/2020 578 1,262 -448 -216 N/A 9/30/2020 516 -127 -370 -177 N/A 6/30/2020 543 468 -309 -142 N/A 3/31/2020 522 -222 -318 -173 N/A 12/31/2019 519 -270 -319 -200 N/A 9/30/2019 477 -231 -289 -189 N/A 6/30/2019 445 -264 -290 -195 N/A 3/31/2019 457 -210 -223 -136 N/A 12/31/2018 453 -189 -237 -143 N/A 9/30/2018 449 -112 -192 -107 N/A 6/30/2018 442 -79 N/A -197 N/A 3/31/2018 352 -67 N/A -137 N/A 12/31/2017 275 -52 N/A -113 N/A 9/30/2017 220 -94 N/A -80 N/A 6/30/2017 135 -73 N/A 35 N/A 3/31/2017 109 -62 N/A -27 N/A 12/31/2016 98 -56 N/A -34 N/A 9/30/2016 85 -50 N/A -76 N/A 6/30/2016 89 -39 N/A -75 N/A 3/31/2016 110 -31 N/A -58 N/A 12/31/2015 89 -22 N/A -38 N/A 9/30/2015 72 -3 N/A -9 N/A 6/30/2015 46 -3 N/A 3 N/A 3/31/2015 12 -3 N/A 10 N/A 12/31/2014 12 -7 N/A 3 N/A 9/30/2014 0 -20 N/A -15 N/A 6/30/2014 0 -28 N/A -23 N/A 3/31/2014 0 -31 N/A -33 N/A 12/31/2013 0 -37 N/A -35 N/A
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Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NEL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NEL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NEL's revenue (22.1% per year) is forecast to grow faster than the Norwegian market (2.2% per year).
High Growth Revenue: NEL's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEL is forecast to be unprofitable in 3 years.
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