Gapwaves AB (publ)

OM:GAPW B Stock Report

Market Cap: SEK 545.1m

Gapwaves Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Jonas Ehinger

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.8yrs
CEO ownership0.2%
Management average tenureno data
Board average tenure2.3yrs

Recent management updates

Recent updates

Narrative Update Apr 26

GAPW B: New Waveguide Orders Will Drive Future Upside Potential

Analysts now hold their Gapwaves fair value estimate steady at SEK 22.0 per share, with only minor tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that guide this unchanged price target. What's in the News Gapwaves received an order from Gotmic for the design and development of waveguide packaging for high power amplifier modules, with an initial value of approximately SEK 1.5 million and delivery expected during 2026 (Key Developments).
Narrative Update Apr 10

GAPW B: New Gotmic And Desay Orders Will Support Future Upside

Gapwaves’ latest Narrative Update keeps the analyst price target steady at SEK22.0. Analysts cite unchanged assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the basis for this reaffirmed view. What's in the News Gapwaves received an initial order of about SEK 1.5 million from Gotmic AB to design and develop waveguide packaging for high power amplifier modules, with delivery expected during 2026 (Key Developments).
Narrative Update Mar 27

GAPW B: New Desay SV Radar Order Will Drive Future Upside

Analysts now estimate Gapwaves' fair value at SEK22.0, down from SEK22.5, reflecting slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Gapwaves received an order from Desay SV to design, develop, and deliver waveguide antenna prototypes for next generation automotive front radar sensors used in ADAS applications, under a new frame agreement between the companies (Key Developments).
Narrative Update Mar 12

GAPW B: New ADAS Radar Contracts Will Support Future Upside Potential

Analysts have kept their SEK22.50 price target for Gapwaves unchanged, pointing to only very small tweaks in assumptions such as the discount rate and long term P/E as the reason for maintaining their view. What's in the News Gapwaves received an order of about SEK 1,000,000 from Desay SV to design, develop, and deliver waveguide antenna prototypes for next generation automotive front radar sensors aimed at ADAS, with deliveries planned across the first quarter and second quarter of 2026 (Key Developments).
Narrative Update Feb 26

GAPW B: New ADAS Radar Contracts Will Support Future Upside Potential

Narrative update on Gapwaves Analysts have kept their Gapwaves fair value estimate unchanged at SEK22.5 per share, with slight adjustments to the discount rate, long-term revenue growth, profit margin and future P/E assumptions. These revisions support a steady view of the price target.
Analysis Article Feb 15

Gapwaves AB (publ) (STO:GAPW B) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

The Gapwaves AB (publ) ( STO:GAPW B ) share price has fared very poorly over the last month, falling by a substantial...
Narrative Update Feb 11

GAPW B: New Radar Contracts And Equity Raise Will Support Upside

Analysts have trimmed their Gapwaves price target by SEK 1 to SEK 22.5, citing updated assumptions for slightly higher revenue growth, a lower profit margin, a higher discount rate, and a higher future P/E multiple. What's in the News Gapwaves received an order from Desay SV to design, develop, and deliver prototypes of waveguide antennas for next generation automotive front radar sensors used in ADAS.
Analysis Article Feb 10

Gapwaves AB (publ) (STO:GAPW B) Analysts Are Cutting Their Estimates: Here's What You Need To Know

It's been a mediocre week for Gapwaves AB (publ) ( STO:GAPW B ) shareholders, with the stock dropping 14% to kr12.18 in...
Narrative Update Jan 27

GAPW B: New Radar Contracts And Funding Will Support Long Term Upside

Analysts have kept their fair value estimate for Gapwaves steady at SEK23.50, with only small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E. These changes reflect fine tuning rather than a change in overall view.
Narrative Update Jan 12

GAPW B: New Radar And Defence Contracts Will Support Long Term Upside

Analysts have maintained their price target for Gapwaves at SEK 23.50, making only minor adjustments to inputs such as the discount rate and future P/E assumptions. These changes reflect fine tuning rather than any shift in their overall view.
Narrative Update Dec 27

GAPW B: New Radar Contracts Will Drive Stronger Long Term Upside

Analysts have slightly raised their price target on Gapwaves to SEK 23.50 from SEK 23.00. This reflects modestly higher long term growth expectations and a somewhat richer earnings multiple, despite a small downward adjustment to projected profit margins.
Narrative Update Dec 11

GAPW B: Funding And New Radar Orders Will Support Stronger Future Upside

Analysts have trimmed their price target on Gapwaves to approximately $23.50 from $27.00. This reflects a higher perceived discount rate despite slightly stronger expectations for revenue growth and profit margins, alongside a lower projected future P E multiple.
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New Narrative Apr 20

High-Volume Automotive Antenna Production Will Boost Global Sensor Markets

Gapwaves' shift to providing complete antenna solutions enhances revenue per unit, driving overall earnings through a stronger value proposition in the automotive sector.
Analysis Article Aug 23

We're Keeping An Eye On Gapwaves' (STO:GAPW B) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Feb 01

Here's Why We're Not Too Worried About Gapwaves' (STO:GAPW B) 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 May 14

We're Hopeful That Gapwaves (STO:GAPW B) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Gapwaves...
Analysis Article Feb 23

What Type Of Shareholders Own The Most Number of Gapwaves AB (publ) (STO:GAPW B) Shares?

Every investor in Gapwaves AB (publ) ( STO:GAPW B ) should be aware of the most powerful shareholder groups...
Analysis Article Jan 28

We're Hopeful That Gapwaves (STO:GAPW B) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Jan 02

Should You Review Recent Insider Transactions At Gapwaves AB (publ) (STO:GAPW B)?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysis Article Dec 07

Can You Imagine How Jubilant Gapwaves' (STO:GAPW B) Shareholders Feel About Its 130% Share Price Gain?

Gapwaves AB (publ) ( STO:GAPW B ) shareholders have seen the share price descend 12% over the month. But that doesn't...

CEO

Jonas Ehinger (56 yo)

3.8yrs
Tenure

Mr. Jonas Ehinger is Independent Chairman of the Board of Insplorion AB (publ) from September 30, 2020. Mr. Ehinger was Chairman at Gapwaves AB (publ) since 2019. He served as Director of Parans Solar Ligh...


Board Members

NamePositionTenureCompensationOwnership
Viktor Fritzen
Interim Independent Chairman1yrno data0.0027%
SEK 15.0k
Ulrika Molander
Independent Director2.3yrsno data0.0064%
SEK 35.0k
Ahmad Kishk
Member of the Advisory Boardno datano datano data
Stefano Maci
Member of the Advisory Boardno datano datano data
Madeleine Kildal
Director5.3yrsno data0.069%
SEK 378.0k
2.3yrs
Average Tenure
40yo
Average Age

Experienced Board: GAPW B's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 07:27
End of Day Share Price 2026/05/15 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

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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

Gapwaves AB (publ) is covered by 2 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.

AnalystInstitution
Henrik ChristianssonDNB Carnegie Commissioned Research
Rasmus JacobssonRedeye