Xplora Technologies AS

OB:XPLRA Stock Report

Market Cap: NOK 2.6b

Xplora Technologies Future Growth

Future criteria checks 5/6

Xplora Technologies is forecast to grow earnings and revenue by 46.2% and 8.4% per annum respectively. EPS is expected to grow by 45.8% per annum. Return on equity is forecast to be 34.2% in 3 years.

Key information

46.2%

Earnings growth rate

45.76%

EPS growth rate

Electronic earnings growth16.6%
Revenue growth rate8.4%
Future return on equity34.20%
Analyst coverage

Low

Last updated28 Apr 2026

Recent future growth updates

Analysis Article Nov 29

Xplora Technologies AS Just Beat EPS By 8.6%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Xplora Technologies AS ( OB:XPLRA ) shareholders, with its shares surging 13% to...
Analysis Article Aug 20

Results: Xplora Technologies AS Delivered A Surprise Loss And Now Analysts Have New Forecasts

OB:XPLRA 1 Year Share Price vs Fair Value Explore Xplora Technologies's Fair Values from the Community and select yours...

Recent updates

Narrative Update Apr 23

XPLRA: Updated Margins And Offering Activity Will Support Balanced Return Potential

Analysts now cite updated assumptions for Xplora Technologies on revenue growth, profit margins, and future P/E as reasons for increasing their price target from NOK 55.50 to NOK 64.00. What's in the News Xplora Technologies AS completed a Follow-on Equity Offering of NOK 149,999,980, issuing 2,884,615 common shares at NOK 52 per share under Regulation S with a subsequent direct listing feature (Key Developments).
Narrative Update Apr 08

XPLRA: Rising Subscriptions And Equity Raise Will Support Stronger Future Profitability

Analysts now set their Xplora Technologies fair value at NOK 85.0, up from NOK 80.0. This reflects updated views on a slightly higher discount rate, more moderate revenue growth, a similar profit margin profile, and a higher assumed future P/E multiple. What's in the News Xplora Technologies completed a follow on equity offering of NOK 149.99998m, issuing 2,884,615 common shares at NOK 52 per share under Regulation S, with a subsequent direct listing feature (Key Developments).
Narrative Update Mar 25

XPLRA: Subscription Momentum And Equity Offering Will Support Future Upside

Analysts have raised their price target on Xplora Technologies by NOK 3.00 to NOK 73.13, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News Xplora Technologies AS has announced a follow on equity offering of NOK 150 million, with 2,884,615 common shares offered at NOK 52 per share.
Narrative Update Mar 11

XPLRA: Subscription Momentum And Margin Assumptions Will Support Balanced Return Outlook

Analysts have maintained their NOK 55.5 price target for Xplora Technologies, citing small adjustments in assumptions for the discount rate, revenue growth, profit margin and future P/E as the main factors behind their updated view. What's in the News Xplora Technologies AS reported 39,000 new subscriptions (gross) in December 2025, based on its latest operating update (company announcement).
Narrative Update Feb 24

XPLRA: Subscription Gains And Margin Outlook Will Support Balanced Return Expectations

Analysts have kept their NOK 55.50 price target for Xplora Technologies unchanged. They point to updated assumptions around a slightly higher discount rate, revenue growth of 18.09%, a profit margin of 8.71% and a lower future P/E of 14.32x to support their view.
Narrative Update Feb 09

XPLRA: Subscription Expansion Will Drive Future Upside From Current Levels

Analysts have trimmed their price target on Xplora Technologies to reflect a modestly lower assumed future P/E ratio. At the same time, they have kept fair value around $70.13, based on expectations for slightly higher revenue growth and profit margins.
Analysis Article Jan 26

Many Still Looking Away From Xplora Technologies AS (OB:XPLRA)

Xplora Technologies AS' ( OB:XPLRA ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a buy right now...
Narrative Update Jan 26

XPLRA: Expanding Subscriptions Will Support Stronger Future Profitability Expectations

Analysts have raised their price target on Xplora Technologies to US$80.00 from US$80.00, citing slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E as the main reasons for the updated view. What's in the News Xplora Technologies AS reported a subscriptions update for December 2025, with 39,000 new subscriptions (gross) for the month.
Narrative Update Jan 11

XPLRA: Rising Subscriptions Will Support Higher Profitability Expectations

Analysts have raised their fair value estimate for Xplora Technologies from $70.00 to $80.00, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples. What's in the News Xplora Technologies AS reported a subscriptions update for December 2025, with 39,000 new subscriptions for the month and a total of 476,000 subscriptions as of December 2025, compared with 358,000 as of December 2024 (company announcement).
Narrative Update Dec 26

XPLRA: Subscription Momentum Will Drive Future Upside From Current Levels

Analysts have raised their price target for Xplora Technologies to NOK 70.13 per share, citing modestly lower perceived risk, slightly stronger long term growth and margin assumptions, and a higher expected future earnings multiple. What's in the News Xplora Technologies reported 15,000 gross new subscriptions in October 2025, bringing total subscriptions to 446,000, up 118,000 from October 2024 (company operating results update).
Narrative Update Dec 12

XPLRA: Subscription Momentum Will Support Moderately Stronger Profitability Expectations Ahead

Analysts have raised their price target on Xplora Technologies from $48.50 to $55.50, citing expectations of stronger long term profitability and a slightly lower valuation multiple, despite moderating revenue growth and a marginally higher discount rate. What's in the News Reported a subscriptions update for October 2025, adding 15,000 gross new subscriptions and reaching 446,000 total subscriptions, up 118,000 from October 2024 (company announcement) Previously disclosed a subscriptions update for September 2025, adding 22,000 gross new subscriptions and reaching 443,000 total subscriptions, up 116,000 from September 2024 (company announcement) Scheduled an Analyst and Investor Day focused on third quarter 2025 financial results and a broader Capital Markets Update (company announcement) Valuation Changes Fair Value: Raised from NOK 48.50 to NOK 55.50, reflecting a moderate upward revision in the analyst price target.
Analysis Article Nov 29

Xplora Technologies AS Just Beat EPS By 8.6%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Xplora Technologies AS ( OB:XPLRA ) shareholders, with its shares surging 13% to...
Narrative Update Nov 28

XPLRA: Subscription Gains And Stronger Margins Will Drive Future Upside

Analysts have raised their price target for Xplora Technologies from $62.75 to $70.13. This reflects improved profit margin expectations and a lower projected future P/E, even though revenue growth forecasts have been reduced.
Narrative Update Aug 20

Vertical Expansion Will Unlock Youth And Senior Markets

Despite a notable reduction in consensus revenue growth forecasts, Xplora Technologies' consensus analyst price target has risen, primarily supported by a significant improvement in net profit margin. What's in the News Xplora Technologies reported 23,000 new gross subscriptions in July 2025, bringing year-to-date subscriptions to 406,000, up 112,000 from July 2024.
Analysis Article Aug 20

Cautious Investors Not Rewarding Xplora Technologies AS' (OB:XPLRA) Performance Completely

OB:XPLRA 1 Year Share Price vs Fair Value Explore Xplora Technologies's Fair Values from the Community and select yours...
Analysis Article Aug 20

Results: Xplora Technologies AS Delivered A Surprise Loss And Now Analysts Have New Forecasts

OB:XPLRA 1 Year Share Price vs Fair Value Explore Xplora Technologies's Fair Values from the Community and select yours...
Analysis Article Jul 22

Xplora Technologies (OB:XPLRA) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article May 08

The Market Lifts Xplora Technologies AS (OB:XPLRA) Shares 29% But It Can Do More

Xplora Technologies AS ( OB:XPLRA ) shareholders are no doubt pleased to see that the share price has bounced 29% in...
User avatar
New Narrative Jan 16

Partnerships With AT&T And HMD Will Expand Market Presence In US And Youth Segments

Strong smartwatch sales growth in DACH and U.S., and strategic initiatives like partnerships and product launches, are expected to boost revenue and subscriptions.
Analysis Article Dec 03

Further Upside For Xplora Technologies AS (OB:XPLRA) Shares Could Introduce Price Risks After 25% Bounce

Despite an already strong run, Xplora Technologies AS ( OB:XPLRA ) shares have been powering on, with a gain of 25% in...
Analysis Article Sep 30

Even With A 41% Surge, Cautious Investors Are Not Rewarding Xplora Technologies AS' (OB:XPLRA) Performance Completely

Xplora Technologies AS ( OB:XPLRA ) shares have continued their recent momentum with a 41% gain in the last month...
Analysis Article Jun 22

Is Xplora Technologies (OB:XPLRA) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 24

Not Many Are Piling Into Xplora Technologies AS (OB:XPLRA) Just Yet

With a price-to-sales (or "P/S") ratio of 0.8x Xplora Technologies AS ( OB:XPLRA ) may be sending bullish signals at...
Analysis Article Feb 20

Xplora Technologies (OB:XPLRA) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 10

What Does Xplora Technologies AS's (OB:XPLRA) Share Price Indicate?

While Xplora Technologies AS ( OB:XPLRA ) might not be the most widely known stock at the moment, it saw a decent share...

Earnings and Revenue Growth Forecasts

OB:XPLRA - Analysts future estimates and past financials data (NOK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,5202853143634
12/31/20272,2822142522974
12/31/20262,0821552112844
12/31/20251,918-3257105N/A
9/30/20251,567-94-2129N/A
6/30/20251,307-11058102N/A
3/31/20251,035-793669N/A
12/31/2024813-67898N/A
9/30/2024771156887N/A
6/30/2024710-12-415N/A
3/31/2024710-161941N/A
12/31/2023689-213760N/A
9/30/2023656-56-1115N/A
6/30/2023604-74-32-5N/A
3/31/2023524-79-140-105N/A
12/31/2022502-74-95-57N/A
9/30/2022499-30-38-5N/A
6/30/2022469-11-36-7N/A
3/31/2022451-12-612N/A
12/31/2021431-14-40-28N/A
9/30/2021364-31-45-34N/A
6/30/2021302-28-57-48N/A
3/31/2021233-30N/AN/AN/A
12/31/2020200-25-34-28N/A
9/30/2020115-48N/AN/AN/A
6/30/202086-53-66-63N/A
3/31/202072-51N/AN/AN/A
12/31/201961-51-67-63N/A
12/31/20188-7N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: XPLRA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).

Earnings vs Market: XPLRA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XPLRA is expected to become profitable in the next 3 years.

Revenue vs Market: XPLRA's revenue (8.4% per year) is forecast to grow faster than the Norwegian market (2.2% per year).

High Growth Revenue: XPLRA's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XPLRA's Return on Equity is forecast to be high in 3 years time (34.2%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 22:46
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
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

Xplora Technologies AS is covered by 7 analysts. 4 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
Øystein LodgaardABG Sundal Collier Sponsored
null nullABG Sundal Collier Sponsored