Aker Solutions ASA

OB:AKSO Stock Report

Market Cap: NOK 22.2b

Aker Solutions Future Growth

Future criteria checks 0/6

Aker Solutions's revenue and earnings are forecast to decline at 16.2% and 21.4% per annum respectively. EPS is expected to decline by 21.6% per annum. Return on equity is forecast to be 15.9% in 3 years.

Key information

-21.4%

Earnings growth rate

-21.60%

EPS growth rate

Energy Services earnings growth10.8%
Revenue growth rate-16.2%
Future return on equity15.86%
Analyst coverage

Good

Last updated10 Jul 2026

Recent future growth updates

Recent updates

Narrative Update Jul 02

AKSO: Dividends And Energy Transition Contracts Will Frame Mixed Research Outcomes

The analyst fair value estimate for Aker Solutions has been adjusted from NOK 41.11 to NOK 44.56, reflecting recent shifts in Street price targets between NOK 44 and NOK 48 and updated assumptions on discount rates, revenue trends, profit margins, and future P/E levels. Analyst Commentary Recent Street research on Aker Solutions has sent mixed signals, with some bullish analysts lifting price targets and others turning more cautious or cutting ratings.
Narrative Update Jun 18

AKSO: Contract Wins And Cash Returns Will Support Future Share Upside

Aker Solutions now carries a higher analyst fair value estimate of NOK 65.27 per share, up from NOK 47.00. The change is linked to recent shifts in price targets and mixed rating moves from several covering analysts.
Analysis Article Jun 17

Aker Solutions (OB:AKSO) Stock Could Be 10.5% Overvalued After Canadian CO2 Funding

Why Aker Solutions stock is back on investors' radar Aker Solutions (OB:AKSO) drew fresh attention after its Entr unit secured C$1.2 million in Canadian government funding to study offshore CO2 transport and storage under the federal Energy Innovation Program. See our latest analysis for Aker Solutions. The latest Canadian funding news comes as Aker Solutions shares trade at NOK45.44, with a year-to-date share price return of 47.34% and a 1-year total shareholder return of 48.44%. This...
Narrative Update Jun 03

AKSO: Recent Dividend Payouts Will Likely Expose Earnings Delivery Risk

Aker Solutions’ analyst fair value target has shifted from NOK 29.0 to NOK 35.0. This reflects recent changes in sector views as analysts balance higher NOK price targets from some firms with fresh downgrades from others. Analyst Commentary Recent Street research on Aker Solutions shows a split picture, with some large firms such as JPMorgan and RBC lifting price targets, while a group of bearish analysts has turned more cautious.
Narrative Update May 12

AKSO: Dividend Payouts And Execution Versus Mixed Research Will Shape Returns

Analysts now see fair value for Aker Solutions at NOK 41.11, down from NOK 42.56. This reflects recent target changes and mixed research updates that factor in higher discount rates, softer growth and margin assumptions, and a higher future P/E multiple.
Analysis Article May 10

Shareholders Can Be Confident That Aker Solutions' (OB:AKSO) Earnings Are High Quality

When companies post strong earnings, the stock generally performs well, just like Aker Solutions ASA's ( OB:AKSO...
Narrative Update Apr 26

AKSO: Dividend Payouts And Contract Delivery Will Shape Future Return Profile

Aker Solutions' updated analyst price target rises from NOK 39.89 to NOK 42.56, as analysts factor in slightly lower assumed discount rates, a less severe revenue contraction, a modestly higher profit margin, and a slightly lower future P/E multiple, despite several recent rating downgrades and JPMorgan's higher targets. Analyst Commentary Recent research on Aker Solutions has been mixed, with several downgrades sitting alongside higher price targets from JPMorgan.
Narrative Update Apr 11

AKSO: Contract Wins And Planned Dividends Will Shape Balanced Future Upside

Analysts have nudged their average price target on Aker Solutions higher to NOK 47.0. The change reflects a mix of a NOK 4 target raise from some firms, a more cautious stance from others, and modest tweaks to assumptions around discount rate, revenue trends and future P/E multiples. Analyst Commentary Recent Street research on Aker Solutions has sent mixed signals, with some firms turning more cautious and others lifting their valuation targets.
Narrative Update Mar 28

AKSO: Dividend Payouts And Contract Execution Will Pressure Future Returns

Analysts have nudged the fair value estimate for Aker Solutions to NOK 39.89 per share from NOK 38.89, reflecting a slightly higher Street price target and mixed research views that balance a recent downgrade with a NOK 4 target increase from another firm. Analyst Commentary Street research on Aker Solutions currently sends a mixed signal, with one camp turning more cautious while another lifts its price target and supports a slightly higher fair value estimate of NOK 39.89 per share.
Narrative Update Mar 14

AKSO: Contract Pipeline And Higher Payout Will Support Future Upside Potential

Aker Solutions' analyst fair value estimate has shifted from NOK 43.33 to NOK 47.00, as analysts balance a higher NOK 4 target from one bank with a more cautious stance from another and adjust their assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Aker Solutions shows a split in sentiment, with one major bank trimming its stance while others remain constructive.
Narrative Update Feb 27

AKSO: Mixed Rating Shifts And Long Contracts Will Shape Dividend Outlook

Analysts now see Aker Solutions' fair value steady at NOK 38.89, but with a slightly lower forward P/E assumption and mixed recent research, including a NOK 4 price target lift at JPMorgan and a downgrade at Danske Bank. They are refining expectations around the stock rather than making a clear directional call.
Narrative Update Feb 13

AKSO: Mixed Rating Shifts And New Contracts Will Test Dividend Commitment

Analysts have lifted their price target on Aker Solutions by NOK 2.78, reflecting updated views on fair value, discount rate and future P/E, even as recent research includes both a downgrade and a separate NOK 4 target increase. Analyst Commentary Recent research on Aker Solutions points in different directions, giving you a mix of optimistic and cautious signals to weigh.
Narrative Update Jan 30

AKSO: Fairer Pricing Meets Mixed Upgrades And Long-Term Contract Momentum

Narrative Update The analyst fair value estimate for Aker Solutions has shifted from NOK 33.88 to about NOK 36.11. This reflects updated views on discount rates, revenue trends, margins and future P/E, alongside recent Street research where analysts have moved their stance to Hold with a NOK 30 target and to Buy with a NOK 38 target.
Analysis Article Nov 08

Aker Solutions' (OB:AKSO) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that Aker Solutions ASA's ( OB:AKSO ) strong earnings didn't offer any...
Analysis Article Nov 05

Aker Solutions ASA (OB:AKSO) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its Models

Aker Solutions ASA ( OB:AKSO ) defied analyst predictions to release its third-quarter results, which were ahead of...
Analysis Article May 08

Aker Solutions' (OB:AKSO) Strong Earnings Are Of Good Quality

Aker Solutions ASA ( OB:AKSO ) recently posted some strong earnings, and the market responded positively. We have done...
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New Narrative Feb 09

Johan Castberg FPSO And Tender Pipeline To Drive Future Success

Executing large-scale projects and new technology investments increase revenue growth and operational efficiency, improving margins and competitiveness.
Analysis Article Jan 03

Aker Solutions ASA (OB:AKSO) Could Be Riskier Than It Looks

With a median price-to-earnings (or "P/E") ratio of close to 12x in Norway, you could be forgiven for feeling...
Analysis Article Nov 06

Investors Can Find Comfort In Aker Solutions' (OB:AKSO) Earnings Quality

The market for Aker Solutions ASA's ( OB:AKSO ) shares didn't move much after it posted weak earnings recently. Our...
Analysis Article Jul 18

A Piece Of The Puzzle Missing From Aker Solutions ASA's (OB:AKSO) 26% Share Price Climb

Despite an already strong run, Aker Solutions ASA ( OB:AKSO ) shares have been powering on, with a gain of 26% in the...
Analysis Article May 28

Investors Appear Satisfied With Aker Solutions ASA's (OB:AKSO) Prospects

With a price-to-earnings (or "P/E") ratio of 22.5x Aker Solutions ASA ( OB:AKSO ) may be sending very bearish signals...
Analysis Article Apr 27

News Flash: Analysts Just Made A Captivating Upgrade To Their Aker Solutions ASA (OB:AKSO) Forecasts

Aker Solutions ASA ( OB:AKSO ) shareholders will have a reason to smile today, with the analysts making substantial...
Analysis Article Apr 16

Calculating The Intrinsic Value Of Aker Solutions ASA (OB:AKSO)

Key Insights Aker Solutions' estimated fair value is kr37.43 based on 2 Stage Free Cash Flow to Equity Aker Solutions...

Earnings and Revenue Growth Forecasts

OB:AKSO - Analysts future estimates and past financials data (NOK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202840,3351,7492,0032,3039
12/31/202740,8011,7441,7592,0479
12/31/202651,8582,8383,1483,5549
3/31/202661,2842,8994,0014,461N/A
12/31/202562,2022,5472,1162,614N/A
9/30/202561,1962,5092,3642,851N/A
6/30/202557,4492,2071,2571,905N/A
3/31/202555,1262,4302,0002,927N/A
12/31/202452,2022,6561,6923,107N/A
9/30/202432,7413239442,791N/A
6/30/202443,7071,4862,6585,163N/A
3/31/202435,6616003,0085,534N/A
12/31/202335,882973,9956,216N/A
9/30/202352,2772,2095,6527,541N/A
6/30/202324,488-5315,3046,457N/A
3/31/202344,4241,4023,7994,635N/A
12/31/202227,302-1333,8984,518N/A
9/30/202237,3938013,2803,807N/A
6/30/202234,6726003,1873,614N/A
3/31/202231,0163913,5313,901N/A
12/31/202129,1952542,4372,799N/A
9/30/202128,415-5691,6811,927N/A
6/30/202126,464-4681,9942,247N/A
3/31/202126,303-6441,1811,508N/A
12/31/202028,434-1,540322901N/A
9/30/202024,720-872236985N/A
6/30/202038,458-861-1,3763N/A
3/31/202028,517-849-667323N/A
12/31/201937,917242N/A360N/A
9/30/201928,869357N/A-307N/A
6/30/201928,276412N/A-178N/A
3/31/201927,005556N/A85N/A
12/31/201825,232511N/A921N/A
9/30/201824,722378N/A1,967N/A
6/30/201823,600352N/A1,797N/A
3/31/201822,771261N/A1,022N/A
12/31/201722,461221N/A587N/A
9/30/201722,155-143N/A888N/A
6/30/201722,723-101N/A811N/A
3/31/201724,267-24N/A737N/A
12/31/201625,55757N/A312N/A
9/30/201627,283122N/A447N/A
6/30/201628,780223N/A1,570N/A
3/31/201629,859323N/A2,021N/A
12/31/201531,896392N/A1,934N/A
9/30/201533,187968N/A2,395N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKSO's earnings are forecast to decline over the next 3 years (-21.4% per year).

Earnings vs Market: AKSO's earnings are forecast to decline over the next 3 years (-21.4% per year).

High Growth Earnings: AKSO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AKSO's revenue is expected to decline over the next 3 years (-16.2% per year).

High Growth Revenue: AKSO's revenue is forecast to decline over the next 3 years (-16.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AKSO's Return on Equity is forecast to be low in 3 years time (15.9%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 22:56
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Aker Solutions ASA is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Michael PickupBarclays
Nicholas GreenBernstein