Fortum Oyj (HEL:FORTUM)

Finland flag Finland · Delayed Price · Currency is EUR
20.32
-0.10 (-0.49%)
May 12, 2026, 1:55 PM EET
Market Cap18.32B +50.8%
Revenue (ttm)5.34B -1.6%
Net Income823.00M -22.1%
EPS0.92 -22.1%
Shares Out897.26M
PE Ratio22.26
Forward PE20.04
Dividend0.74 (3.62%)
Ex-Dividend DateApr 1, 2026
Volume81,704
Average Volume1,058,015
Open20.42
Previous Close20.42
Day's Range20.30 - 20.48
52-Week Range14.40 - 22.92
Beta0.12
RSI39.13
Earnings DateApr 29, 2026

About Fortum Oyj

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally. It operates through Generation, Consumer Solutions, and Other Operations segments. The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation; district heating and cooling; and decarbonization services. The Consumer Solutions segment offers invoicing and customer services; electricity and related value-added product... [Read more]

Sector Utilities
Founded 1998
Employees 4,535
Stock Exchange Nasdaq Helsinki
Ticker Symbol FORTUM
Full Company Profile

Financial Performance

In 2025, Fortum Oyj's revenue was 4.99 billion, a decrease of -13.98% compared to the previous year's 5.80 billion. Earnings were 765.00 million, a decrease of -34.28%.

Financial Statements

News

Fortum upgraded to Equal Weight from Underweight at Morgan Stanley

Morgan Stanley upgraded Fortum (FOJCY) to Equal Weight from Underweight with a price target of EUR 23, up from EUR 17. The firm views Fortum as “a key power price

10 days ago - TheFly

Fortum Oyj (FOJCF) Q1 2026 Earnings Call Highlights: Strong Market Prices and Strategic Growth Plans

Fortum Oyj (FOJCF) Q1 2026 Earnings Call Highlights: Strong Market Prices and Strategic Growth Plans

12 days ago - GuruFocus

Q1 2026 Fortum Oyj Earnings Call Transcript

Q1 2026 Fortum Oyj Earnings Call Transcript

12 days ago - GuruFocus

Fortum Oyj Earnings Call Transcript: Q1 2026

Q1 2026 saw higher achieved power prices and strong hydro output, driving increased profits despite lower cash flow from higher working capital. Guidance for optimization premium and CapEx remains unchanged, with robust liquidity and ongoing site development for data centers.

13 days ago - Transcripts

Fortum upgraded to Neutral from Sell at Citi

Citi analyst Piotr Dzieciolowski upgraded Fortum (FOJCY) to Neutral from Sell with a price target of EUR 20.50, up from EUR 17. The firm expects positive earnings momentum when the

5 weeks ago - TheFly

Fortum price target raised to EUR 17.20 from EUR 16 at JPMorgan

JPMorgan analyst Pavan Mahbubani raised the firm’s price target on Fortum (FOJCY) to EUR 17.20 from EUR 16 and keeps an Underweight rating on the shares.

5 weeks ago - TheFly

Fortum Oyj Transcript: AGM 2026

The AGM reviewed strong financial results, approved a 90% dividend payout, and expanded the board to 10 members. Strategic focus remains on growth, renewables, and resilience amid geopolitical and market uncertainties.

5 weeks ago - Transcripts

Fortum downgraded to Underperform from Market Perform at Bernstein

Bernstein downgraded Fortum (FOJCY) to Underperform from Market Perform with a EUR 17.70 price target

7 weeks ago - TheFly

Fortum price target lowered to EUR 17 from EUR 18 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Fortum (FOJCY) to EUR 17 from EUR 18 and keeps an Underweight rating on the shares.

3 months ago - TheFly

Fortum price target raised to EUR 16 from EUR 15 at JPMorgan

JPMorgan raised the firm’s price target on Fortum (FOJCY) to EUR 16 from EUR 15 and keeps an Underweight rating on the shares.

3 months ago - TheFly

Fortum Oyj Earnings Call Transcript: Q4 2025

2025 saw lower generation volumes and earnings due to nuclear outages, but strong liquidity and a robust renewables pipeline. Dividend of €0.74/share proposed, with 2026 guidance showing stable hedging, continued cost discipline, and growth in renewables.

3 months ago - Transcripts

Fortum price target raised to EUR 17.70 from EUR 14.50 at Berenberg

Berenberg raised the firm’s price target on Fortum (FOJCY) to EUR 17.70 from EUR 14.50 and keeps a Hold rating on the shares.

3 months ago - TheFly

Fortum price target lowered to EUR 14.80 from EUR 15 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Fortum (FOJCY) to EUR 14.80 from EUR 15 and keeps a Sell rating on the shares.

4 months ago - TheFly

Fortum price target lowered to EUR 14.80 from EUR 15 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Fortum (FOJCY) to EUR 14.80 from EUR 15 and keeps a Sell rating on the shares.

4 months ago - TheFly

Fortum downgraded to Underweight from Neutral at JPMorgan

JPMorgan analyst Javier Garrido downgraded Fortum (FOJCY) to Underweight from Neutral with a EUR 15 price target The stock is trading at premium multiples on the back of very generous

5 months ago - TheFly

Fortum initiated with a Sector Perform at RBC Capital

RBC Capital initiated coverage of Fortum (FOJCY) with a Sector Perform rating and EUR 17.50 price target The firm believes a material amount of future growth is already priced into

5 months ago - TheFly

Fortum price target raised to EUR 15 from EUR 12.80 at Deutsche Bank

Deutsche Bank analyst James Brand raised the firm’s price target on Fortum (FOJCY) to EUR 15 from EUR 12.80 and keeps a Sell rating on the shares. Published first on

5 months ago - TheFly

Fortum Oyj Transcript: Investor Day 2025

Management outlined a strategy centered on Nordic decarbonized power, targeting EUR 330 million profit growth by 2030 through operational excellence, renewables, and flexibility solutions. Capital discipline, new hedging targets, and a robust dividend policy support growth, while data center and industrial demand drive future opportunities.

6 months ago - Transcripts

Fortum price target raised to EUR 17 from EUR 13 at Citi

Citi raised the firm’s price target on Fortum (FOJCY) to EUR 17 from EUR 13 and keeps a Sell rating on the shares.

6 months ago - TheFly

Fortum downgraded to Underweight from Equal Weight at Morgan Stanley

Morgan Stanley downgraded Fortum (FOJCY) to Underweight from Equal Weight with a price target of EUR 18, up from EUR 15, ahead of the capital markets day. Following the stock’s

6 months ago - TheFly

Fortum upgraded to Neutral from Underperform at BNP Paribas Exane

BNP Paribas Exane analyst Harry Wyburd upgraded Fortum (FOJCY) to Neutral from Underperform with an EUR 18.50 price target

6 months ago - TheFly

Fortum Oyj Earnings Call Transcript: Q3 2025

Q3 saw higher achieved power prices but lower generation volumes due to hydro and nuclear outages, leading to decreased profits. Consumer Solutions delivered record results, while the renewables pipeline expanded and cost reduction programs progressed.

6 months ago - Transcripts

Fortum price target raised to EUR 15 from EUR 14 at JPMorgan

JPMorgan raised the firm’s price target on Fortum (FOJCY) to EUR 15 from EUR 14 and keeps a Neutral rating on the shares.

8 months ago - TheFly

Fortum price target lowered to EUR 15 from EUR 15.40 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Fortum (FOJCY) to EUR 15 from EUR 15.40 and keeps an Equal Weight rating on the shares.

9 months ago - TheFly

Fortum Oyj Earnings Call Transcript: Q2 2025

Record low hydro and nuclear volumes led to weaker financials, but strong hedging and consumer solutions performance provided some offset. Outlook for 2025 remains cautious due to continued operational challenges, while growth investments and cost reductions are on track.

9 months ago - Transcripts