Elkem ASA (OSL:ELK)
Norway flag Norway · Delayed Price · Currency is NOK
32.00
0.00 (0.00%)
Nov 13, 2026, 4:25 PM CET

Elkem ASA Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Elkem ASA stock has a consensus rating of "Buy" and an average price target of kr 38.20. The average 1-year stock price forecast is 19.38% higher than the current stock price, while the lowest is kr 31.00 (-3.13%) and the highest is kr 45.00 (+40.63%).

Price Target: kr 38.20 (+19.38%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 31.00kr 38.20kr 38.00kr 45.00
Change-3.13%+19.38%+18.75%+40.63%

Analyst Ratings

The average analyst rating for Elkem ASA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy243333
Buy111111
Hold233332
Sell000000
Strong Sell000000
Total587776

Financial Forecast

Revenue This Year
14.90B
from 16.54B
Decreased by -9.90%
Revenue Next Year
16.52B
from 14.90B
Increased by 10.86%
EPS This Year
0.94
from 0.42
Increased by 124.40%
EPS Next Year
3.63
from 0.94
Increased by 286.52%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
33.08B45.02B21.13B17.81B16.54B14.90B
Revenue Growth
37.70%36.07%-53.05%-15.73%-7.16%-9.90%
Gross Profit
17.10B23.04B10.31B9.50B8.90B6.94B
Gross Margin
51.68%51.18%48.78%53.32%53.85%46.60%
Operating Income
5.66B11.73B3.24B1.41B1.36B898.04M
Net Income
4.63B9.56B72.00M488.00M-668.00M109.30M
EPS
----0.420.94
EPS Growth
-----87.90%124.40%
Forward PE
5.315.2933.659.7123.3234.04
Dividend / Share
3.006.00-0.30--
Free Cash Flow
-----1.14B1.37B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NOK.

Revenue Forecast

Revenue202620272028
High15.1B
Avg14.9B
Low14.7B

Revenue Growth

Revenue Growth202620272028
High
-8.9%
Avg
-9.9%
Low
-11.1%

EPS Forecast

EPS202620272028
High1.26
Avg0.94
Low0.71

EPS Growth

EPS Growth202620272028
High
200.8%
Avg
124.4%
Low
69.5%