Karnov Group AB (publ)

OM:KAR Stock Report

Market Cap: SEK 6.9b

Karnov Group Dividends and Buybacks

Dividend criteria checks 0/6

Karnov Group does not currently pay a dividend.

Key information

0%

Dividend yield

9.7%

Buyback Yield

Total Shareholder Yield9.7%
Future Dividend Yield2.0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio0%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 06

KAR: Expanded Buybacks And Higher P/E Assumptions Will Support Future Upside

Analysts have adjusted the Karnov Group price target to SEK106.67 from SEK103.33, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News On March 25, 2026, Karnov Group announced a change in its equity buyback plan terms, with the buyback authority set to SEK 750 million.
New Narrative May 13

Slow AI Adoption And Margin Pressure Will Test Legal Content Strength Over Time

Catalysts About Karnov Group Karnov Group provides subscription based legal information and AI supported workflow tools to legal professionals in European civil law markets. What are the underlying business or industry changes driving this perspective?
Analysis Article May 10

Earnings Update: Karnov Group AB (publ) (STO:KAR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

Investors in Karnov Group AB (publ) ( STO:KAR ) had a good week, as its shares rose 7.6% to close at kr72.00 following...
Narrative Update Apr 29

KAR: Expanded Share Buybacks Will Support Future AI Legal Upside

Analysts have kept their SEK 103.33 price target for Karnov Group broadly unchanged, reflecting small adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E that largely offset one another in their updated models. What's in the News On March 25, 2026, Karnov Group increased its equity buyback authorization to SEK 750 million, updating the terms of its existing share repurchase framework (Key Developments).
Narrative Update Apr 11

KAR: Expanded Share Buybacks Will Support Future AI Legal Upside

Analysts have nudged their price target for Karnov Group slightly, reflecting small adjustments to inputs such as discount rate, revenue growth, profit margin and assumed future P/E, while keeping the fair value estimate unchanged at SEK 103.33. What's in the News Karnov Group increased its equity buyback authorization to SEK 750 million on March 25, 2026, expanding the size of its existing share repurchase framework (Key Developments).
Narrative Update Mar 28

KAR: Share Repurchases Will Support Future AI Legal Upside

Analysts have kept their SEK price target for Karnov Group broadly in line with previous levels, making small adjustments based on slightly updated assumptions for the discount rate, long term revenue growth, profit margin and future P/E multiple. What's in the News Karnov Group increased its equity buyback authorization to SEK 750 million on March 25, 2026, adjusting the scope of its existing repurchase framework (company announcement).
Narrative Update Mar 13

KAR: Share Repurchases And Capital Structure Will Support Future AI Legal Upside

Analysts have kept their SEK fair value estimate for Karnov Group broadly unchanged, with only marginal tweaks to assumptions such as the discount rate and future P/E. Together, these adjustments leave their overall price target effectively stable.
Narrative Update Feb 27

KAR: Share Repurchases And Capital Structure Shift Will Support AI Legal Upside

Analysts have reduced their SEK 115 price target on Karnov Group to around SEK 103, citing updated assumptions that combine slightly lower profit margin expectations with revised views on growth and valuation multiples. What's in the News Karnov Group has called a special shareholders meeting for January 8, 2026, in Stockholm to vote on authorizing the board to acquire and transfer ordinary shares of series A in the company (Key Developments).
New Narrative Feb 13

AI Adoption And Proprietary Content Will Define A Stronger Future Trajectory

Catalysts About Karnov Group Karnov Group provides content driven legal information and AI supported workflow solutions for legal and public sector professionals across Europe. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 12

KAR: Share Repurchases Will Support AI Legal Expansion Upside

The updated analyst price target for Karnov Group has shifted from SEK129 to SEK115, as analysts now apply a slightly higher discount rate, assume more modest revenue growth and profit margins, and use a higher future P/E multiple in their valuation work. What's in the News Karnov Group AB started a share repurchase program on January 12, 2026, with authorization to buy back up to 5,393,807 series A shares.
Narrative Update Nov 13

KAR: AI Legal Expansion Will Drive Upside With European Rollout Ahead

Analysts have raised their price target for Karnov Group from €123.67 to €129.00, citing adjusted growth and profitability forecasts in their latest evaluation. What's in the News Karnov Group has launched the next generation of KAILA, its AI-based legal research solution.
Narrative Update Aug 23

Adoption Of AI Solutions By Law Firms In Denmark And Sweden Will Expand Product Value And Customer Base

The upward revision in Karnov Group's price target reflects improvements in both revenue growth forecasts and net profit margin, resulting in a new consensus target of SEK123.67. Valuation Changes Summary of Valuation Changes for Karnov Group The Consensus Analyst Price Target has risen from SEK115.67 to SEK123.67.
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New Narrative Feb 09

New AI-supported Legal Services Will Launch Across All Markets To Deliver Greater Customer Value

Expansion of AI-supported services and new products is anticipated to enhance customer value and boost subscription-based sales, driving revenue growth.
Analysis Article May 04

Subdued Growth No Barrier To Karnov Group AB (publ) (STO:KAR) With Shares Advancing 31%

Despite an already strong run, Karnov Group AB (publ) ( STO:KAR ) shares have been powering on, with a gain of 31% in...
Analysis Article May 02

Here's Why Karnov Group AB (publ)'s (STO:KAR) CEO Compensation Is The Least Of Shareholders' Concerns

Key Insights Karnov Group's Annual General Meeting to take place on 8th of May Salary of kr12.3m is part of CEO Pontus...
Analysis Article Feb 15

There's Reason For Concern Over Karnov Group AB (publ)'s (STO:KAR) Price

When close to half the companies in the Interactive Media and Services industry in Sweden have price-to-sales ratios...
Analysis Article Nov 11

Is There An Opportunity With Karnov Group AB (publ)'s (STO:KAR) 40% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Karnov Group fair value estimate is kr87.98 Karnov Group's...
Analysis Article Jun 03

Karnov Group (STO:KAR) Could Be Struggling To Allocate Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if KAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAR's dividend payments have been increasing.


Dividend Yield vs Market

Karnov Group Dividend Yield vs Market
How does KAR dividend yield compare to the market?
SegmentDividend Yield
Company (KAR)0%
Market Bottom 25% (SE)1.8%
Market Top 25% (SE)4.2%
Industry Average (Interactive Media and Services)2.4%
Analyst forecast (KAR) (up to 3 years)2.0%

Notable Dividend: Unable to evaluate KAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: KAR is not paying a notable dividend for the Swedish market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KAR has not reported any payouts.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 20:40
End of Day Share Price 2026/06/12 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

Karnov Group AB (publ) is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon JonssonBerenberg
Mikael LaséenDNB Carnegie
Thomas NilssonNordea Markets