Moberg Pharma AB (publ)

OM:MOB Stock Report

Market Cap: SEK 467.7m

Moberg Pharma Future Growth

Future criteria checks 5/6

Moberg Pharma is forecast to grow earnings and revenue by 100.9% and 63.3% per annum respectively while EPS is expected to grow by 100.9% per annum.

Key information

100.9%

Earnings growth rate

100.90%

EPS growth rate

Pharmaceuticals earnings growth36.7%
Revenue growth rate63.3%
Future return on equityn/a
Analyst coverage

Low

Last updated13 May 2026

Recent future growth updates

Recent updates

Narrative Update Jun 02

MOB: Dual Terbinafine Supply And Expanded Licensing Will Support Future Re Rating Potential

Analysts have adjusted their price target on Moberg Pharma to SEK14.00 from SEK13, reflecting updated assumptions around revenue growth, profit margins, discount rate and future P/E. These changes collectively reshape their view of the stock’s risk and reward profile.
Narrative Update Apr 21

MOB: Dual Terbinafine Suppliers And Broader Mandate Will Support Future Re Rating Potential

Analysts now hold the fair value estimate for Moberg Pharma steady at SEK 13.0, reflecting unchanged assumptions on discount rate, revenue growth, profit margin and future P/E, and indicating that the recent review has not altered their SEK-based price target framework. What's in the News Moberg Pharma plans to propose an amendment to its articles of association at the AGM scheduled for 21 May 2026.
Narrative Update Apr 06

MOB: Dual Terbinafine Sourcing Will Support Future Re Rating Potential

Analysts have reaffirmed their price target for Moberg Pharma at SEK 13.0 per share, citing unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Regulators have approved an additional supplier of terbinafine for MOB-015, Moberg Pharma's drug for nail fungus, after a process that started in April 2024 (Key Developments).
Narrative Update Mar 23

MOB: Dual Supplier Approval Will Support Future Re Rating Potential

Analysts have maintained their SEK fair value estimate for Moberg Pharma at SEK 13.0, with unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E. This suggests their view on the company’s risk and earnings outlook remains essentially intact.
Narrative Update Mar 07

MOB: Stable Assumptions And Profitability Outlook Will Support Future Re Rating

Analysts have maintained their SEK 13.0 price target for Moberg Pharma, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: SEK 13.0 is unchanged, with only rounding differences between the previous SEK 13 and the current SEK 13.0 figure.
Narrative Update Feb 21

MOB: Higher Profitability Assumptions Will Support Re Rating Of Undervalued Shares

Analysts have adjusted their price target on Moberg Pharma to SEK 13.0. This reflects updated views on revenue growth, profit margin and a lower future P/E assumption. Valuation Changes Fair Value: SEK 13.0 is unchanged, indicating no revision to the overall price estimate.
Narrative Update Feb 05

MOB: Undervalued Shares Will Rely On Stable Assumptions To Re-Rate

Analysts have kept their price target for Moberg Pharma steady at SEK 13.00. This reflects unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.
Narrative Update Jan 22

MOB: Europe Licensing Agreement Will Support Future Share Price Upside

Analysts have kept their price target for Moberg Pharma steady at SEK 13.0. This reflects unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E despite the latest review of their model inputs. What's in the News Karo Healthcare AB and Moberg Pharma AB have signed an exclusive licensing agreement for the commercialisation of MOB-015 in 19 European markets, covering a population of about 500 million people (Key Developments).
Narrative Update Jan 08

MOB: Europe Licensing Agreement Will Support Strong Future Share Price Upside

Analysts have maintained their price target on Moberg Pharma at SEK 13.0, with unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. This indicates their core view on the stock remains intact for now.
Narrative Update Dec 16

MOB: Exclusive European Licensing Deal Will Drive Strong Future Share Upside

Analysts have marginally adjusted their price target on Moberg Pharma, reiterating a fair value of SEK 13.0 per share as they maintain their assumptions for discount rate, revenue growth, profit margins, and future valuation multiples. What's in the News Karo Healthcare AB signs an exclusive licensing agreement with Moberg Pharma for the commercialisation of MOB-015 across 19 European markets, including all major EU countries and the United Kingdom, ensuring a coordinated launch under the Lamisil brand (Company announcement) The licensing deal grants Karo responsibility for marketing, distribution, and sales in 11 countries where MOB-015 is already approved but not yet launched, accelerating the product’s European rollout (Company announcement) MOB-015, a new topical terbinafine formulation, demonstrates mycological cure rates of 76 percent in registration studies, delivering efficacy on par with oral treatment and addressing historical challenges in penetrating the nail (Company announcement) The agreement provides Moberg Pharma with access to a total addressable population of about 500 million people in Europe, significantly expanding the commercial potential of MOB-015 (Company announcement) Valuation Changes Fair Value: Unchanged at SEK 13.0 per share, reflecting a stable outlook for Moberg Pharma’s intrinsic valuation.
Narrative Update Dec 02

MOB: Exclusive Licensing Deal Will Unlock Major European Market Launches

Analysts have maintained their price target for Moberg Pharma at SEK 13.00. This reflects continued confidence in the company's earnings outlook and growth potential.
Narrative Update Nov 18

MOB: Licensing Agreement Will Drive Expansion Across Europe This Year

Analysts have raised their price target for Moberg Pharma from SEK 11 to SEK 13. This change reflects updated forecasts that consider notable shifts in anticipated revenue growth, profitability, and market conditions.
Analysis Article Nov 07

We're Not Worried About Moberg Pharma's (STO:MOB) Cash Burn

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article May 16

Shareholders Will Probably Hold Off On Increasing Moberg Pharma AB (publ)'s (STO:MOB) CEO Compensation For The Time Being

Key Insights Moberg Pharma's Annual General Meeting to take place on 22nd of May Total pay for CEO Anna Ljung includes...
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New Narrative Apr 13

Norway Expansion And EU Approvals Will Strengthen Future Position

Expansion in Norway and obtaining EU approvals bolster revenue potential and support Moberg Pharma's European growth strategy.
Analysis Article Feb 12

Companies Like Moberg Pharma (STO:MOB) Can Afford To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Sep 14

We're Hopeful That Moberg Pharma (STO:MOB) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article May 08

Moberg Pharma AB (publ)'s (STO:MOB) CEO Will Probably Find It Hard To See A Huge Raise This Year

Key Insights Moberg Pharma to hold its Annual General Meeting on 14th of May Salary of kr1.99m is part of CEO Anna...
Analysis Article Nov 16

Moberg Pharma (STO:MOB) Will Have To Spend Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 17

Will Moberg Pharma (STO:MOB) Spend Its Cash Wisely?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Dec 03

Read This Before Selling Moberg Pharma AB (publ) (STO:MOB) Shares

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

Earnings and Revenue Growth Forecasts

OM:MOB - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20289527N/A341
12/31/2027569N/A151
12/31/202623-18N/A-161
3/31/202615-26-45-12N/A
12/31/202514-27-61-17N/A
9/30/202512-258-71-16N/A
6/30/202512-255-80-14N/A
3/31/202513-251-92-21N/A
12/31/202410-255-90-16N/A
9/30/20249-18-115-27N/A
6/30/20245-23-134-33N/A
3/31/20241-23-139-31N/A
12/31/2023N/A-21-157-33N/A
9/30/2023N/A-18-134-29N/A
6/30/20230-16-105-21N/A
3/31/20230-16-96-16N/A
12/31/20220-16-85-17N/A
9/30/20220-17-75-14N/A
6/30/2022N/A-16-70-12N/A
3/31/2022N/A-16-56-7N/A
12/31/2021N/A-16-47-15N/A
9/30/2021348-44-9N/A
6/30/2021347-46-12N/A
3/31/2021345-58-16N/A
12/31/2020347-52-10N/A
6/30/20205020-474N/A
6/30/201931-8N/A-76N/A
3/31/201945531N/A88N/A
12/31/20185-28N/A74N/A
9/30/20183419N/A87N/A
6/30/201834019N/A109N/A
3/31/20183346N/A68N/A
12/31/201743911N/A54N/A
9/30/2017438-1N/A30N/A
6/30/20174340N/A-44N/A
3/31/201736935N/A-17N/A
12/31/201633433N/A-18N/A
9/30/201629936N/A-21N/A
6/30/201626132N/A12N/A
3/31/20162829N/A32N/A
12/31/201528626N/A31N/A
9/30/201527625N/A34N/A
6/30/201526020N/A30N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

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

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

Revenue vs Market: MOB's revenue (63.3% per year) is forecast to grow faster than the Swedish market (0.04% per year).

High Growth Revenue: MOB's revenue (63.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MOB's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 05:32
End of Day Share Price 2026/06/03 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

Moberg Pharma AB (publ) is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bjorn RydellABG Sundal Collier Sponsored
Klas PykNordea Markets
Mats HyttingeRedeye