Elkem ASA (OSL:ELK)
Norway · Delayed Price · Currency is NOK 30.44
-0.80 (-2.56%)
Jul 8, 2026, 2:59 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 35.00. The average 1-year stock price forecast is 14.98% higher than the current stock price, while the lowest is kr 26.00 (-14.59%) and the highest is kr 40.00 (+31.41%).
Price Target: kr 35.00 (+14.98%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 2 | 4 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 5 | 8 | 7 |
Financial Forecast
Revenue This Year
16.27B
from 16.54B
Decreased by -1.58%
Revenue Next Year
18.41B
from 16.27B
Increased by 13.12%
EPS This Year
1.43
from 0.42
Increased by 240.33%
EPS Next Year
3.65
from 1.43
Increased by 156.29%
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 | 16.3B | ||
| Low | 14.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.1% | ||
| Avg | -1.6% | ||
| Low | -12.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.82 | ||
| Avg | 1.43 | ||
| Low | 0.78 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 334.5% | ||
| Avg | 240.3% | ||
| Low | 86.8% |