Mandatum Oyj Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Mandatum Oyj stock has a consensus rating of "Sell" and an average price target of €5.73. The average 1-year stock price forecast is 4.47% higher than the current stock price, while the lowest is €5.00 (-8.84%) and the highest is €7.00 (+27.62%).

Price Target: €5.73 (+4.47%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	€5.00	€5.73	€5.60	€7.00
Change	-8.84%	+4.47%	+2.10%	+27.62%

Analyst Ratings

The average analyst rating for Mandatum Oyj stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	1	1	1	1	0	0
Buy	0	0	0	0	0	0
Hold	1	1	0	0	1	1
Sell	2	2	2	2	2	2
Strong Sell	2	2	3	3	3	3
Total	6	6	6	6	6	6

Financial Forecast

Revenue This Year

333.00M

from 531.00M

-37.29%

from 531.00M

Revenue Next Year

383.00M

from 333.00M

15.02%

from 333.00M

EPS This Year

0.23

from 0.31

-26.61%

from 0.31

EPS Next Year

0.31

from 0.23

37.36%

from 0.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.18B	1.07B	629.50M	588.10M	531.00M	333.00M
Revenue Growth	91.49%	-66.45%	-41.09%	-6.58%	-9.71%	-37.29%
Net Income	196.30M	542.60M	160.70M	164.90M	156.00M	112.20M
EPS	-	-	-	-	0.31	0.23
EPS Growth	-	-	-	-	-6.06%	-26.61%
Forward PE	-	-	12.32	13.80	22.21	24.11
Dividend / Share	-	-	0.33	0.33	0.85	0.68
Dividend Growth	-	-	-	-	157.58%	-20.39%
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	333.0M
Avg	333.0M
Low	333.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-37.3%
Avg	-37.3%
Low	-37.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.23
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-26.6%
Low	-