Hexagon Future Growth
Future criteria checks 1/6
Hexagon's earnings are forecast to decline at 28.7% per annum while its annual revenue is expected to grow at 1.7% per year. EPS is expected to decline by 20.2% per annum. Return on equity is forecast to be 7.8% in 3 years.
Key information
-28.7%
Earnings growth rate
-20.19%
EPS growth rate
| Electronic earnings growth | -10.8% |
| Revenue growth rate | 1.7% |
| Future return on equity | 7.80% |
| Analyst coverage | Good |
| Last updated | 22 May 2026 |
Recent future growth updates
Analysis Article • Mar 25
Hexagon AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that Hexagon AB (publ) ( STO:HEXA B ) filed its full-year result this time last week...Analysis Article • Feb 03
Hexagon AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Hexagon AB (publ) ( STO:HEXA B ) came out with its annual results last week, and we wanted to see how the business is...Analysis Article • Jul 28
Here's What Analysts Are Forecasting For Hexagon AB (publ) (STO:HEXA B) After Its Second-Quarter Results
Investors in Hexagon AB (publ) ( STO:HEXA B ) had a good week, as its shares rose 9.6% to close at kr113 following the...Recent updates
Analysis Article • May 07
The Hexagon AB (publ) (STO:HEXA B) Analysts Have Been Trimming Their Sales Forecasts
Market forces rained on the parade of Hexagon AB (publ) ( STO:HEXA B ) shareholders today, when the analysts downgraded...Analysis Article • May 01
We Think That There Are Issues Underlying Hexagon's (STO:HEXA B) Earnings
Hexagon AB (publ)'s ( STO:HEXA B ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Narrative Update • Apr 30
HEXA B: Fair Value View Will Balance Pricing Risk And Execution Uncertainty
Analysts have lowered their Hexagon price targets by SEK 10 and SEK 5, citing weaker revenue expectations, slightly higher assumed profit margins, and a higher future P/E. Taken together, these factors result in a modest reduction in the updated fair value estimate.Analysis Article • Apr 23
Hexagon AB (publ) (STO:HEXA B) Analysts Are More Bearish Than They Used To Be
One thing we could say about the analysts on Hexagon AB (publ) ( STO:HEXA B ) - they aren't optimistic, having just...Narrative Update • Apr 16
HEXA B: Fair Value Stance Will Weigh Cautious Ratings Against Profitability Risks
Analysts have adjusted their SEK price target on Hexagon downward by roughly SEK 10 to SEK 5 increments, reflecting updated views on growth, margins and P/E assumptions following recent research updates. Analyst Commentary Recent research points to a more cautious tone around Hexagon, with price targets trimmed in SEK 5 to SEK 10 steps as analysts reassess the balance between expected growth, margins and current P/E levels.
Narrative Update • Apr 01
HEXA B: Refined Margin Framework Will Support Future Upside Potential
Analysts have slightly reduced their Hexagon target by SEK 5 as they incorporate updated views on fair value, discount rate, growth, margins, and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the SEK 5 trim to the target price as a fine tuning of fair value rather than a shift in the core long term thesis on Hexagon.Analysis Article • Mar 25
Hexagon AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that Hexagon AB (publ) ( STO:HEXA B ) filed its full-year result this time last week...Narrative Update • Mar 18
HEXA B: Higher Margin Outlook Will Support Future Upside Potential
Analysts have trimmed their 12 month price target for Hexagon by SEK 5, reflecting a view that slightly lower revenue growth expectations and a modestly reduced discount rate are now balanced by a stronger projected profit margin and similar forward P/E levels. Analyst Commentary Recent research activity around Hexagon highlights a mix of optimism about profit quality and caution around the pace of revenue expansion and valuation support, which together have fed into the SEK 5 trim in the 12 month price target.Narrative Update • Mar 04
HEXA B: Margin Resilience And Cost Execution Will Drive Future Upside Potential
Analysts have trimmed their Hexagon price targets by SEK 5, reflecting slightly softer assumptions on revenue growth and valuation multiples, which are partly offset by a small uplift in expected profit margins. Analyst Commentary Analysts are treating the SEK 5 cut to the Hexagon price target as a fine tuning of expectations rather than a fundamental reset, with tweaks across growth, margins and valuation multiples.
Narrative Update • Feb 18
HEXA B: Refined Assumptions Will Support Future Share Outperformance Despite SEK 5 Trim
Analysts have lowered their Hexagon price target by SEK 5, reflecting updated views on fair value, the discount rate, and long-term assumptions on revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish analysts see the SEK 5 adjustment to the Hexagon price target as a fine tuning of assumptions rather than a shift in overall conviction.Narrative Update • Feb 03
HEXA B: More Conservative Assumptions Will Still Support Future Share Outperformance
Analysts have slightly reduced their fair value estimate for Hexagon to SEK 139.82 from SEK 148.28, reflecting updated assumptions on discount rate, revenue growth, profit margin and a lower future P/E multiple, alongside recent Street research that includes a SEK 5 price target trim and an upgrade to Outperform with a SEK 130 target. Analyst Commentary Recent Street research around Hexagon points to a generally constructive tone, even as fair value estimates and price targets are being fine tuned.Analysis Article • Feb 03
Hexagon AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Hexagon AB (publ) ( STO:HEXA B ) came out with its annual results last week, and we wanted to see how the business is...Narrative Update • Jan 20
HEXA B: Fair Value View Will Balance Mixed Ratings And Profit Margin Expectations
Analysts have raised their fair value estimate for Hexagon to SEK 94.63 from SEK 87.59, citing recent target price increases toward SEK 115 and SEK 130, along with updated views on margins and earnings multiples. Analyst Commentary Recent Street research on Hexagon shows a mix of optimism and caution, with price targets now clustered in the SEK 115 to SEK 132 range and ratings spread across Outperform, Neutral, and Hold.Analysis Article • Jan 15
Earnings Tell The Story For Hexagon AB (publ) (STO:HEXA B)
With a price-to-earnings (or "P/E") ratio of 39.8x Hexagon AB (publ) ( STO:HEXA B ) may be sending very bearish signals...Narrative Update • Jan 06
HEXA B: Higher Revenue And Margin Assumptions Will Support Stronger Share Performance
We are raising our Hexagon fair value estimate to SEK 148.28 from SEK 142.69, reflecting analysts' higher revenue growth and profit margin assumptions and the recent series of Street price target revisions in the SEK 115 to SEK 132 range. Analyst Commentary Recent Street research on Hexagon points to a mix of views, but the general tone among bullish analysts has shifted toward higher expectations for the shares, with several price targets now clustering in the SEK 115 to SEK 132 range.Analysis Article • Jan 01
Some Investors May Be Worried About Hexagon's (STO:HEXA B) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Dec 23
HEXA B: Rating Upgrade And Margin Delivery Will Drive Upside Potential
Hexagon's analyst price target has edged slightly lower to approximately SEK 120 from about SEK 121, as analysts factor in a marginally higher discount rate and slightly softer long term margin expectations despite a series of recent target hikes and one notable rating upgrade. Analyst Commentary Analysts remain divided on Hexagon, with recent target changes and rating moves reflecting a balance between confidence in the companys structural growth prospects and caution around valuation and execution risk.Narrative Update • Dec 09
HEXA B: Rating Shifts And Execution Will Shape Balanced Near-Term Share Outlook
The analyst price target for Hexagon has been raised modestly, supported by analysts highlighting incremental improvements in long term revenue growth and profitability expectations, despite a slightly higher discount rate. Analyst Commentary Recent Street research paints a mixed but generally constructive picture, with incremental target price increases and rating adjustments reflecting debate around Hexagon's risk reward profile.Narrative Update • Nov 25
HEXA B: Rating Changes And Execution Will Steer Near-Term Share Performance
Hexagon's analyst fair value target experienced a slight decrease to SEK 121.85 from SEK 121.94, as analysts cited upward revenue growth adjustments, offset by modestly lower profit margin expectations and a marginally reduced discount rate. Analyst Commentary Recent Street Research underscores a mix of optimism and caution surrounding Hexagon, as reflected in recent target price changes and rating adjustments by major investment banks and brokerages.Analysis Article • Nov 16
Calculating The Intrinsic Value Of Hexagon AB (publ) (STO:HEXA B)
Key Insights Hexagon's estimated fair value is kr111 based on 2 Stage Free Cash Flow to Equity With kr113 share price...Narrative Update • Nov 10
HEXA B: Recent Rating Upgrades And Downgrades Will Define Near-Term Direction
Hexagon’s analyst price target has increased from SEK 116.68 to SEK 121.94. This reflects analysts’ improved outlook on profit margins and valuation following several upward price target revisions and ratings changes.Narrative Update • Oct 27
Operational Progress Will Continue Driving Modest Gains Amid Industry Headwinds
Analysts have modestly increased their fair value estimate for Hexagon to SEK 116.68, up from SEK 115.10. They cite improved revenue growth forecasts but also note limited near-term upside based on recent valuation assessments.Analysis Article • Sep 26
Is There Now An Opportunity In Hexagon AB (publ) (STO:HEXA B)?
Today we're going to take a look at the well-established Hexagon AB (publ) ( STO:HEXA B ). The company's stock saw a...Narrative Update • Sep 21
Automation And Robotics Will Capture Global Industrial Demand
Despite a slight decrease in consensus revenue growth forecasts, Hexagon’s higher future P/E ratio suggests that the market is attributing a higher valuation multiple to the company, resulting in a modest increase in the consensus Analyst Price Target from SEK111.76 to SEK115.10. What's in the News Norbert Hanke appointed interim CFO, succeeding David Mills, who will remain as Financial Advisor until February 2026.Narrative Update • Sep 06
Automation And Robotics Will Capture Global Industrial Demand
Hexagon's sharply higher future P/E suggests significantly lower growth or earnings expectations, which likely drove the modest cut in its consensus analyst price target from SEK113.44 to SEK111.76. What's in the News Norbert Hanke appointed interim CFO, succeeding David Mills, who transitions to Financial Advisor until February 2026; Hanke brings extensive Hexagon and finance leadership experience.Analysis Article • Sep 04
Returns On Capital At Hexagon (STO:HEXA B) Have Hit The Brakes
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Analysis Article • Aug 21
Should You Be Adding Hexagon (STO:HEXA B) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Jul 28
Here's What Analysts Are Forecasting For Hexagon AB (publ) (STO:HEXA B) After Its Second-Quarter Results
Investors in Hexagon AB (publ) ( STO:HEXA B ) had a good week, as its shares rose 9.6% to close at kr113 following the...Analysis Article • Jul 26
Hexagon AB (publ)'s (STO:HEXA B) Business Is Trailing The Market But Its Shares Aren't
With a price-to-earnings (or "P/E") ratio of 27.8x Hexagon AB (publ) ( STO:HEXA B ) may be sending bearish signals at...Analysis Article • Jul 14
Calculating The Intrinsic Value Of Hexagon AB (publ) (STO:HEXA B)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Hexagon fair value estimate is kr122 Current share price of...Analysis Article • Jun 30
Is Hexagon (STO:HEXA B) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Jun 02
What Does Hexagon AB (publ)'s (STO:HEXA B) Share Price Indicate?
Let's talk about the popular Hexagon AB (publ) ( STO:HEXA B ). The company's shares saw a decent share price growth of...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 4,638 | 978 | 1,082 | 1,575 | 8 |
| 12/31/2027 | 4,392 | 895 | 975 | 1,445 | 8 |
| 12/31/2026 | 4,018 | 2,012 | 915 | 1,553 | 8 |
| 3/31/2026 | 5,427 | 2,052 | 896 | 1,471 | N/A |
| 12/31/2025 | 5,425 | 617 | 852 | 1,467 | N/A |
| 9/30/2025 | 5,083 | 618 | 925 | 1,565 | N/A |
| 6/30/2025 | 5,079 | 887 | 913 | 1,547 | N/A |
| 3/31/2025 | 5,063 | 920 | 891 | 1,531 | N/A |
| 12/31/2024 | 5,401 | 1,023 | 956 | 1,588 | N/A |
| 9/30/2024 | 5,388 | 1,008 | 877 | 1,516 | N/A |
| 6/30/2024 | 5,438 | 857 | 858 | 1,487 | N/A |
| 3/31/2024 | 5,450 | 852 | 822 | 1,447 | N/A |
| 12/31/2023 | 5,435 | 859 | 744 | 1,370 | N/A |
| 9/30/2023 | 5,402 | 871 | 609 | 1,237 | N/A |
| 6/30/2023 | 5,369 | 1,057 | 706 | 1,334 | N/A |
| 3/31/2023 | 5,286 | 1,070 | 726 | 1,329 | N/A |
| 12/31/2022 | 5,161 | 1,008 | 755 | 1,331 | N/A |
| 9/30/2022 | 4,969 | 857 | 823 | 1,378 | N/A |
| 6/30/2022 | 4,730 | 815 | 764 | 1,276 | N/A |
| 3/31/2022 | 4,523 | 784 | 811 | 1,297 | N/A |
| 12/31/2021 | 4,341 | 802 | 860 | 1,324 | N/A |
| 9/30/2021 | 4,169 | 864 | 983 | 1,389 | N/A |
| 6/30/2021 | 4,031 | 832 | 1,012 | 1,409 | N/A |
| 3/31/2021 | 3,852 | 666 | 985 | 1,374 | N/A |
| 12/31/2020 | 3,764 | 618 | 911 | 1,304 | N/A |
| 9/30/2020 | 3,785 | 616 | 795 | 1,189 | N/A |
| 6/30/2020 | 3,802 | 606 | 756 | 1,160 | N/A |
| 3/31/2020 | 3,881 | 690 | 692 | 1,114 | N/A |
| 12/31/2019 | 3,908 | 702 | N/A | 1,062 | N/A |
| 9/30/2019 | 3,892 | 720 | N/A | 1,138 | N/A |
| 6/30/2019 | 3,882 | 711 | N/A | 1,026 | N/A |
| 3/31/2019 | 3,843 | 739 | N/A | 971 | N/A |
| 12/31/2018 | 3,761 | 730 | N/A | 952 | N/A |
| 9/30/2018 | 3,673 | 774 | N/A | 819 | N/A |
| 6/30/2018 | 3,577 | 751 | N/A | 879 | N/A |
| 3/31/2018 | 3,504 | 724 | N/A | 840 | N/A |
| 12/31/2017 | 3,448 | 664 | N/A | 879 | N/A |
| 9/30/2017 | 3,343 | 567 | N/A | 897 | N/A |
| 6/30/2017 | 3,272 | 553 | N/A | 854 | N/A |
| 3/31/2017 | 3,204 | 545 | N/A | 823 | N/A |
| 12/31/2016 | 3,149 | 573 | N/A | 774 | N/A |
| 9/30/2016 | 3,115 | 565 | N/A | 755 | N/A |
| 6/30/2016 | 3,078 | 553 | N/A | 775 | N/A |
| 3/31/2016 | 3,063 | 542 | N/A | 747 | N/A |
| 12/31/2015 | 3,044 | 500 | N/A | 704 | N/A |
| 9/30/2015 | 2,972 | 477 | N/A | 649 | N/A |
| 6/30/2015 | 2,878 | 439 | N/A | 590 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEXA B's earnings are forecast to decline over the next 3 years (-28.7% per year).
Earnings vs Market: HEXA B's earnings are forecast to decline over the next 3 years (-28.7% per year).
High Growth Earnings: HEXA B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HEXA B's revenue (1.7% per year) is forecast to grow faster than the Swedish market (0.04% per year).
High Growth Revenue: HEXA B's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEXA B's Return on Equity is forecast to be low in 3 years time (7.8%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/25 02:57 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Hexagon AB (publ) is covered by 37 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Robert Bate | Barclays |
| Alice Jennings | Barclays |