2026 Q2 -tulosraportti
20 päivää sitten
‧1 t 1 min
0,35 SEK/osake
Viimeisin osinko
0,79%Tuotto/v
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 210 | - | - | ||
| 383 | - | - | ||
| 269 | - | - | ||
| 247 | - | - | ||
| 797 | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastot ja ETF:t, joilla on osaketta
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 17.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 19.5. | ||
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 14.11.2025 | ||
2025 Q2 -tulosraportti 22.8.2025 |
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·59 min sitten · MuokattuI read through Citi's Nibe analysis. They are neutral with a target price of 46kr. Citi is actually making a quite substantial earnings revision, but without becoming more positive on the recommendation. Citi raises EPS for 2026 from 1,54 to 1,63 kr, 2027 from 1,83 to 1,95 kr and 2028 from 2,04 to 2,15 kr. This corresponds to approximately +5,8 %, +6,6 % and +5,4 %. It is therefore not just a one-off effect in 2026, but a clear upward adjustment of the entire earnings trajectory. The background is Q2. NIBE reported 7,6 % revenue growth, 8,7 % in constant currencies, and an EBIT margin of 11,4 % against 9,4 % the year before. Citi explicitly states that the big positive surprise was the margins and factory productivity, and now expects approximately 8 % organic growth in H2 and a full-year margin of 11,9 %. This is completely in line with what NIBE itself showed in Q2: better volume through the factories provides clear earnings leverage. This means that Citi expects EBIT +21 % in 2026, +14 % in 2027 and +8 % in 2028, i.e., clearly faster earnings growth than revenue growth. This is exactly the operating-leverage-effect we have discussed. There is also another thing that I think is important: Citi forecasts that net debt will fall from 14,2 billion in 2025 to 11,1 billion in 2026, 8,3 billion in 2027 and 5,3 billion in 2028. This means rapidly improved financial capacity, which in turn increases NIBE's ability to return to larger acquisitions. Citi's 46 kr is in practice a scenario where NIBE delivers better, but is valued approximately as today. If Q3/Q4 confirms 8 % growth and margins continue towards 12,5–13 %, then the next potential step is not just higher EPS estimates but for the market to start discussing whether 17x EV/EBIT really is the right multiple for a NIBE that is once again growing. That is why the next big question is not just whether earnings grow, but what multiple the market is prepared to put on those earnings. If Q3/Q4 confirms 8 % organic growth and continued margin expansion, 17x EV/EBIT might start to look quite conservative. With Citi's 2027 EPS of 1,95 kr becomes: P/E 22 = 42,9 kr P/E 25 = 48,8 kr P/E 28 = 54,6 kr P/E 30 = 58,5 kr- ·5 t sittenShort interest continues to decrease: 6.49 to 5.14 % since Q2, corresponding to just over 27 million shares net, while Kintbury and Marshall Wace still remain. The interesting thing is not a single day's cover but the persistent trend... more and more smaller short sellers seem to gradually reduce risk ahead of Q3/H2.Oil price up 3$ and Nibe drops...When one thought one had seen everything. To slide out of one's short position in this way is impressive and proof of what I have long known. My upbringing prevents me from saying what..
- ·2 päivää sittenShort selling in NIBE continues to fall rapidly: ~6.49 % at Q2 to 5.20 % now, corresponding to approximately 26 million shares net, while Kintbury and Marshall Wace still remain above 0.5 %. This is starting to look less like isolated adjustments and more like a broad unwinding of short exposure under the surface... Hmmmmm.... interesting ahead of Q3 if the fundamentals continue in the same direction....Yes, that comment is actually completely in line with the main case. Gerteric has been clear that H2 should be better than H1, but the important thing is that it is now also starting to be backed up by market behavior, i.e., that short selling is clearly falling, estimates and price targets have been raised, and Q2 showed that margins actually respond when volumes return. That is why Q3 becomes so important, i.e., if Gerteric's H2 signal materializes in the figures, we get both fundamental confirmation and further pressure on an already shrinking short-case. Then the re-rating can go significantly faster than what the share price has indicated so far.
- ·2 päivää sittenOil soon 100$ and Nibe is falling...seems reasonable..Not! Too bad that German subsidy figures for heat pumps are lagging behind, usually published around the 4th but are still missing so far.Oil now +100$..Nibe is being pushed down as much as possible but hard to see that short sellers dare to short more.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |
2026 Q2 -tulosraportti
20 päivää sitten
‧1 t 1 min
0,35 SEK/osake
Viimeisin osinko
0,79%Tuotto/v
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·59 min sitten · MuokattuI read through Citi's Nibe analysis. They are neutral with a target price of 46kr. Citi is actually making a quite substantial earnings revision, but without becoming more positive on the recommendation. Citi raises EPS for 2026 from 1,54 to 1,63 kr, 2027 from 1,83 to 1,95 kr and 2028 from 2,04 to 2,15 kr. This corresponds to approximately +5,8 %, +6,6 % and +5,4 %. It is therefore not just a one-off effect in 2026, but a clear upward adjustment of the entire earnings trajectory. The background is Q2. NIBE reported 7,6 % revenue growth, 8,7 % in constant currencies, and an EBIT margin of 11,4 % against 9,4 % the year before. Citi explicitly states that the big positive surprise was the margins and factory productivity, and now expects approximately 8 % organic growth in H2 and a full-year margin of 11,9 %. This is completely in line with what NIBE itself showed in Q2: better volume through the factories provides clear earnings leverage. This means that Citi expects EBIT +21 % in 2026, +14 % in 2027 and +8 % in 2028, i.e., clearly faster earnings growth than revenue growth. This is exactly the operating-leverage-effect we have discussed. There is also another thing that I think is important: Citi forecasts that net debt will fall from 14,2 billion in 2025 to 11,1 billion in 2026, 8,3 billion in 2027 and 5,3 billion in 2028. This means rapidly improved financial capacity, which in turn increases NIBE's ability to return to larger acquisitions. Citi's 46 kr is in practice a scenario where NIBE delivers better, but is valued approximately as today. If Q3/Q4 confirms 8 % growth and margins continue towards 12,5–13 %, then the next potential step is not just higher EPS estimates but for the market to start discussing whether 17x EV/EBIT really is the right multiple for a NIBE that is once again growing. That is why the next big question is not just whether earnings grow, but what multiple the market is prepared to put on those earnings. If Q3/Q4 confirms 8 % organic growth and continued margin expansion, 17x EV/EBIT might start to look quite conservative. With Citi's 2027 EPS of 1,95 kr becomes: P/E 22 = 42,9 kr P/E 25 = 48,8 kr P/E 28 = 54,6 kr P/E 30 = 58,5 kr
- ·5 t sittenShort interest continues to decrease: 6.49 to 5.14 % since Q2, corresponding to just over 27 million shares net, while Kintbury and Marshall Wace still remain. The interesting thing is not a single day's cover but the persistent trend... more and more smaller short sellers seem to gradually reduce risk ahead of Q3/H2.Oil price up 3$ and Nibe drops...When one thought one had seen everything. To slide out of one's short position in this way is impressive and proof of what I have long known. My upbringing prevents me from saying what..
- ·2 päivää sittenShort selling in NIBE continues to fall rapidly: ~6.49 % at Q2 to 5.20 % now, corresponding to approximately 26 million shares net, while Kintbury and Marshall Wace still remain above 0.5 %. This is starting to look less like isolated adjustments and more like a broad unwinding of short exposure under the surface... Hmmmmm.... interesting ahead of Q3 if the fundamentals continue in the same direction....Yes, that comment is actually completely in line with the main case. Gerteric has been clear that H2 should be better than H1, but the important thing is that it is now also starting to be backed up by market behavior, i.e., that short selling is clearly falling, estimates and price targets have been raised, and Q2 showed that margins actually respond when volumes return. That is why Q3 becomes so important, i.e., if Gerteric's H2 signal materializes in the figures, we get both fundamental confirmation and further pressure on an already shrinking short-case. Then the re-rating can go significantly faster than what the share price has indicated so far.
- ·2 päivää sittenOil soon 100$ and Nibe is falling...seems reasonable..Not! Too bad that German subsidy figures for heat pumps are lagging behind, usually published around the 4th but are still missing so far.Oil now +100$..Nibe is being pushed down as much as possible but hard to see that short sellers dare to short more.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 210 | - | - | ||
| 383 | - | - | ||
| 269 | - | - | ||
| 247 | - | - | ||
| 797 | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastot ja ETF:t, joilla on osaketta
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 17.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 19.5. | ||
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 14.11.2025 | ||
2025 Q2 -tulosraportti 22.8.2025 |
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |
2026 Q2 -tulosraportti
20 päivää sitten
‧1 t 1 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 17.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 19.5. | ||
2025 Q4 -tulosraportti 12.2. | ||
2025 Q3 -tulosraportti 14.11.2025 | ||
2025 Q2 -tulosraportti 22.8.2025 |
0,35 SEK/osake
Viimeisin osinko
0,79%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·59 min sitten · MuokattuI read through Citi's Nibe analysis. They are neutral with a target price of 46kr. Citi is actually making a quite substantial earnings revision, but without becoming more positive on the recommendation. Citi raises EPS for 2026 from 1,54 to 1,63 kr, 2027 from 1,83 to 1,95 kr and 2028 from 2,04 to 2,15 kr. This corresponds to approximately +5,8 %, +6,6 % and +5,4 %. It is therefore not just a one-off effect in 2026, but a clear upward adjustment of the entire earnings trajectory. The background is Q2. NIBE reported 7,6 % revenue growth, 8,7 % in constant currencies, and an EBIT margin of 11,4 % against 9,4 % the year before. Citi explicitly states that the big positive surprise was the margins and factory productivity, and now expects approximately 8 % organic growth in H2 and a full-year margin of 11,9 %. This is completely in line with what NIBE itself showed in Q2: better volume through the factories provides clear earnings leverage. This means that Citi expects EBIT +21 % in 2026, +14 % in 2027 and +8 % in 2028, i.e., clearly faster earnings growth than revenue growth. This is exactly the operating-leverage-effect we have discussed. There is also another thing that I think is important: Citi forecasts that net debt will fall from 14,2 billion in 2025 to 11,1 billion in 2026, 8,3 billion in 2027 and 5,3 billion in 2028. This means rapidly improved financial capacity, which in turn increases NIBE's ability to return to larger acquisitions. Citi's 46 kr is in practice a scenario where NIBE delivers better, but is valued approximately as today. If Q3/Q4 confirms 8 % growth and margins continue towards 12,5–13 %, then the next potential step is not just higher EPS estimates but for the market to start discussing whether 17x EV/EBIT really is the right multiple for a NIBE that is once again growing. That is why the next big question is not just whether earnings grow, but what multiple the market is prepared to put on those earnings. If Q3/Q4 confirms 8 % organic growth and continued margin expansion, 17x EV/EBIT might start to look quite conservative. With Citi's 2027 EPS of 1,95 kr becomes: P/E 22 = 42,9 kr P/E 25 = 48,8 kr P/E 28 = 54,6 kr P/E 30 = 58,5 kr
- ·5 t sittenShort interest continues to decrease: 6.49 to 5.14 % since Q2, corresponding to just over 27 million shares net, while Kintbury and Marshall Wace still remain. The interesting thing is not a single day's cover but the persistent trend... more and more smaller short sellers seem to gradually reduce risk ahead of Q3/H2.Oil price up 3$ and Nibe drops...When one thought one had seen everything. To slide out of one's short position in this way is impressive and proof of what I have long known. My upbringing prevents me from saying what..
- ·2 päivää sittenShort selling in NIBE continues to fall rapidly: ~6.49 % at Q2 to 5.20 % now, corresponding to approximately 26 million shares net, while Kintbury and Marshall Wace still remain above 0.5 %. This is starting to look less like isolated adjustments and more like a broad unwinding of short exposure under the surface... Hmmmmm.... interesting ahead of Q3 if the fundamentals continue in the same direction....Yes, that comment is actually completely in line with the main case. Gerteric has been clear that H2 should be better than H1, but the important thing is that it is now also starting to be backed up by market behavior, i.e., that short selling is clearly falling, estimates and price targets have been raised, and Q2 showed that margins actually respond when volumes return. That is why Q3 becomes so important, i.e., if Gerteric's H2 signal materializes in the figures, we get both fundamental confirmation and further pressure on an already shrinking short-case. Then the re-rating can go significantly faster than what the share price has indicated so far.
- ·2 päivää sittenOil soon 100$ and Nibe is falling...seems reasonable..Not! Too bad that German subsidy figures for heat pumps are lagging behind, usually published around the 4th but are still missing so far.Oil now +100$..Nibe is being pushed down as much as possible but hard to see that short sellers dare to short more.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 210 | - | - | ||
| 383 | - | - | ||
| 269 | - | - | ||
| 247 | - | - | ||
| 797 | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastot ja ETF:t, joilla on osaketta
Asiakkaat katsoivat myös
Välittäjätilasto
Ostaneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |
Myyneet eniten
| Välittäjä | Ostettu | Myyty | Netto | Sisäinen |
|---|---|---|---|---|
| ABG Sundal Collier ASA | 27 280 | 27 280 | 0 | 27 280 |
| Anonyymi | 3 586 755 | 3 586 755 | 0 | 0 |