Elkem ASA (OSL:ELK)
Norway · Delayed Price · Currency is NOK 33.70
+0.78 (2.37%)
Jun 16, 2026, 4:25 PM CET
Elkem ASA Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Elkem ASA stock has a consensus rating of "Buy" and an average price target of kr 34.24. The average 1-year stock price forecast is 1.60% higher than the current stock price, while the lowest is kr 26.00 (-22.85%) and the highest is kr 40.00 (+18.69%).
Price Target: kr 34.24 (+1.60%)
Analyst Consensus: Buy
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 2 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 5 | 6 |
Financial Forecast
Revenue This Year
16.39B
from 16.54B
Decreased by -0.87%
Revenue Next Year
18.37B
from 16.39B
Increased by 12.07%
EPS This Year
1.40
from 0.42
Increased by 234.21%
EPS Next Year
3.56
from 1.40
Increased by 154.46%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NOK.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 17.7B | ||
| Avg | 16.4B | ||
| Low | 14.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.1% | ||
| Avg | -0.9% | ||
| Low | -12.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.81 | ||
| Avg | 1.40 | ||
| Low | 0.78 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 332.1% | ||
| Avg | 234.2% | ||
| Low | 86.2% |