Norsk Titanium (NTI) Stock Overview
Engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial manufacturers in Europe and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
NTI Community Fair Values
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Analyst Price Targets
Norsk Titanium AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 1.13 |
| 52 Week High | NOK 2.22 |
| 52 Week Low | NOK 0.75 |
| Beta | -0.64 |
| 1 Month Change | 4.26% |
| 3 Month Change | 30.93% |
| 1 Year Change | -17.21% |
| 3 Year Change | -72.54% |
| 5 Year Change | -88.51% |
| Change since IPO | -89.28% |
Recent News & Updates
Narrative Update • Jun 08
NTI: Going Concern Doubts Will Keep Bearish Outlook In Focus
Analysts have adjusted their price target on Norsk Titanium to reflect updated assumptions around the discount rate and a slightly lower future P/E multiple, while keeping the fair value estimate steady at around NOK0.68 per share. What's in the News At the annual general meeting on May 12, 2026, shareholders authorised the board to amend Norsk Titanium's articles of association related to share capital and the number of shares when this authorisation is used.Narrative Update • May 24
NTI: Withdrawn Guidance Will Keep Going Concern Risks In Focus
Analysts have lifted their fair value estimate for Norsk Titanium from NOK0.06 to NOK0.68, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that together support a higher price target. What's in the News Auditor Ernst & Young LLP issued an unqualified opinion on the 2025 annual report but expressed doubt about Norsk Titanium's ability to continue as a going concern, highlighting funding and execution risks investors should monitor closely (Annual filing, Apr 16, 2026).Narrative Update • May 09
NTI: Withdrawn Guidance And Going Concern Warning Will Pressure Future Earnings Multiple
Analysts have adjusted their Norsk Titanium price target to reflect revised assumptions around the discount rate, significant revenue growth expectations, and higher profit margin forecasts, along with a lower future P/E. Taken together, these factors result in a neutral fair value estimate of NOK0.06 per share.Narrative Update • Apr 18
NTI: Withdrawn Revenue Guidance Will Sustain Bearish View On Future Earnings Multiple
Analysts have maintained their NOK0.06 fair value estimate for Norsk Titanium while updating their assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects a recalibration of risk and earnings potential without changing the overall price target level.Recent updates
Narrative Update • Jun 08
NTI: Going Concern Doubts Will Keep Bearish Outlook In Focus
Analysts have adjusted their price target on Norsk Titanium to reflect updated assumptions around the discount rate and a slightly lower future P/E multiple, while keeping the fair value estimate steady at around NOK0.68 per share. What's in the News At the annual general meeting on May 12, 2026, shareholders authorised the board to amend Norsk Titanium's articles of association related to share capital and the number of shares when this authorisation is used.Narrative Update • May 24
NTI: Withdrawn Guidance Will Keep Going Concern Risks In Focus
Analysts have lifted their fair value estimate for Norsk Titanium from NOK0.06 to NOK0.68, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that together support a higher price target. What's in the News Auditor Ernst & Young LLP issued an unqualified opinion on the 2025 annual report but expressed doubt about Norsk Titanium's ability to continue as a going concern, highlighting funding and execution risks investors should monitor closely (Annual filing, Apr 16, 2026).Narrative Update • May 09
NTI: Withdrawn Guidance And Going Concern Warning Will Pressure Future Earnings Multiple
Analysts have adjusted their Norsk Titanium price target to reflect revised assumptions around the discount rate, significant revenue growth expectations, and higher profit margin forecasts, along with a lower future P/E. Taken together, these factors result in a neutral fair value estimate of NOK0.06 per share.Narrative Update • Apr 18
NTI: Withdrawn Revenue Guidance Will Sustain Bearish View On Future Earnings Multiple
Analysts have maintained their NOK0.06 fair value estimate for Norsk Titanium while updating their assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects a recalibration of risk and earnings potential without changing the overall price target level.Narrative Update • Apr 03
NTI: Withdrawn Revenue Guidance Will Maintain Bearish View On Future Earnings Multiple
Analysts have adjusted their price target on Norsk Titanium to NOK0.06 from NOK0.55, citing updated fair value estimates, a slightly refined discount rate, revised assumptions for revenue growth and profit margin, and a much lower future P/E input in their models. What's in the News Norsk Titanium has qualified and transitioned titanium components, developed with General Atomics Aeronautical Systems Inc.
New Narrative • Mar 23
Customer Concentration And Process Qualification Risks Will Likely Restrain Future Earnings
Catalysts About Norsk Titanium Norsk Titanium produces additive manufactured titanium and specialty alloy parts for aerospace, defense and industrial customers using its proprietary RPD process. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 20
NTI: Withdrawn 2026 Guidance Will Sustain Bearish View Of Overvaluation
Analysts have kept their NOK price target for Norsk Titanium broadly aligned with prior views, citing a steady fair value estimate at NOK0.55, a slightly lower discount rate, an unchanged very large revenue growth assumption, a modestly higher profit margin outlook at 12.81% and a small adjustment to the assumed future P/E multiple. What's in the News Norsk Titanium has successfully qualified and shifted to structural production of titanium components developed with General Atomics Aeronautical Systems Inc.Narrative Update • Mar 06
NTI: Withdrawn Revenue Guidance Will Sustain Cautious View Of Overvaluation
Analysts have trimmed their price target on Norsk Titanium to NOK0.55 from NOK1. This reflects updated assumptions for fair value, revenue growth, profit margins and a lower future P/E multiple, alongside a slightly higher discount rate.Narrative Update • Feb 19
NTI: Higher Margin Assumptions Will Sustain Cautious View Of Overvaluation
Analysts have adjusted their price target on Norsk Titanium to reflect updated views on fair value, a slightly higher discount rate, a broadly similar assumption of very large revenue growth, a higher profit margin estimate of 12.81%, and a revised future P/E of 6.56x for the stock in NOK terms. Valuation Changes Fair Value: NOK 1.00 target is unchanged, indicating a stable view of fair value in NOK terms.Narrative Update • Feb 05
NTI: Slightly Softer Assumptions Will Maintain Cautious View Of Overvaluation
Analysts have lifted their price target on Norsk Titanium, citing a slightly lower discount rate, a modestly adjusted profit margin of 11.65% and a projected future P/E of about 5.66x as the key drivers of their updated view. Valuation Changes Fair Value: The overall fair value assessment remains unchanged at 1.0 on the stated scale.Narrative Update • Jan 21
NTI: Slightly Softer Assumptions Will Sustain Cautious Overvaluation Outlook
Analysts have nudged their price target on Norsk Titanium slightly higher, citing modest adjustments in fair value, discount rate, profit margin expectations, and a small shift in the assumed future P/E as the key drivers behind the change. Valuation Changes Fair Value: Held at 1.0x, so the core valuation anchor used in the model is unchanged.Narrative Update • Jan 07
NTI: Higher Assumed P E Multiple Will Sustain Cautious Outlook
Analysts have raised their price target on Norsk Titanium to reflect updated fair value estimates and a slightly higher assumed future P/E multiple, while only minor adjustments were made to the discount rate, revenue growth and profit margin assumptions. Valuation Changes Fair Value: Fair value estimate remains unchanged at 1.0, indicating no revision to the central valuation level.Narrative Update • Dec 18
NTI: Equity Raise And Lower Risk Profile Will Shape Balanced Outlook
Analysts have modestly raised their price target on Norsk Titanium, citing a slightly lower perceived risk profile and marginally improved long term profitability, while still viewing the shares as attractively valued relative to future earnings. What's in the News Completed a follow-on equity offering, raising NOK 40.7268 million through a rights issue of 40,726,800 ordinary shares at NOK 1 per share (Key Developments) Valuation Changes Fair Value Estimate remains unchanged at 1.0x, indicating no change in the core valuation anchor used in the model.Narrative Update • Dec 04
NTI: Capital Raise And Leadership Changes Will Shape Balanced Future Outlook
Analysts have raised their price target on Norsk Titanium slightly to reflect a modest adjustment in discount rates and future earnings multiples. This results in a small uplift in estimated fair value per share that is now viewed as better aligned with the company’s long term growth and profitability outlook.Narrative Update • Nov 20
NTI: Future Leadership Changes And Capital Raise Will Shape Outlook
Analysts have revised their price target for Norsk Titanium down by $0.25, from $1.25 to $1.00. They cited a slowdown in expected revenue growth and modest adjustments to profit margin projections.Narrative Update • Aug 16
Scaling Production And Supply Chain Will Unlock Aerospace Prospects
Norsk Titanium's consensus price target has been significantly raised on the back of a substantial upward revision in its future P/E multiple, despite stable profit margins, lifting fair value from NOK3.60 to NOK4.50. Valuation Changes Summary of Valuation Changes for Norsk Titanium The Consensus Analyst Price Target has significantly risen from NOK3.60 to NOK4.50.Analysis Article • Aug 13
Here's Why We're Watching Norsk Titanium's (OB:NTI) Cash Burn Situation
OB:NTI 1 Year Share Price vs Fair Value Explore Norsk Titanium's Fair Values from the Community and select yours...New Narrative • May 12
Scaling Production And Supply Chain Will Unlock Aerospace Prospects
Strategic expansion into aerospace, industrial, and defense markets may drive increased revenue and enhance profit margins through economies of scale and diversified income.Analysis Article • Jan 10
Can Norsk Titanium (OB:NTI) Afford To Invest In Growth?
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Analysis Article • Sep 07
Here's Why We're A Bit Worried About Norsk Titanium's (OB:NTI) Cash Burn Situation
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Analysis Article • Apr 29
Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Analysis Article • Jan 12
Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Analysis Article • Sep 21
We're Keeping An Eye On Norsk Titanium's (OB:NTI) Cash Burn Rate
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Shareholder Returns
| NTI | NO Aerospace & Defense | NO Market | |
|---|---|---|---|
| 7D | 4.3% | 3.6% | -2.3% |
| 1Y | -17.2% | 8.7% | 10.8% |
Return vs Industry: NTI underperformed the Norwegian Aerospace & Defense industry which returned 7.2% over the past year.
Return vs Market: NTI underperformed the Norwegian Market which returned 11.6% over the past year.
Price Volatility
| NTI volatility | |
|---|---|
| NTI Average Weekly Movement | 7.0% |
| Aerospace & Defense Industry Average Movement | 7.0% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in NO Market | 11.0% |
| 10% least volatile stocks in NO Market | 3.1% |
Stable Share Price: NTI has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: NTI's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 128 | Fabrizio Ponte | www.norsktitanium.com |
Norsk Titanium AS, together with its subsidiaries, engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial manufacturers in Europe and the United States. The company offers aerospace-grade, 3D-printed, structural titanium parts through its Rapid Plasma Deposition technology. It also provides value-added parts.
Norsk Titanium AS Fundamentals Summary
| NTI fundamental statistics | |
|---|---|
| Market cap | NOK 1.16b |
| Earnings (TTM) | -NOK 530.08m |
| Revenue (TTM) | NOK 32.79m |
35.4x
P/S Ratio-2.2x
P/E RatioIs NTI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NTI income statement (TTM) | |
|---|---|
| Revenue | US$3.46m |
| Cost of Revenue | US$8.61m |
| Gross Profit | -US$5.15m |
| Other Expenses | US$50.78m |
| Earnings | -US$55.92m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 19, 2026
| Earnings per share (EPS) | -0.054 |
| Gross Margin | -148.77% |
| Net Profit Margin | -1,616.77% |
| Debt/Equity Ratio | 20.4% |
How did NTI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 03:46 |
| End of Day Share Price | 2026/06/16 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Norsk Titanium AS is covered by 3 analysts. 2 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 |
|---|---|
| Morten Normann | Carnegie Investment Bank AB |
| Orjan Roden | DNB Carnegie Commissioned Research |
| Marcus Gavelli | Pareto Securities |