Elkem ASA (OSL:ELK)
Norway flag Norway · Delayed Price · Currency is NOK
33.96
+1.46 (4.49%)
Oct 2, 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 36.67. The average 1-year stock price forecast is 7.98% higher than the current stock price, while the lowest is kr 30.00 (-11.66%) and the highest is kr 46.00 (+35.45%).

Price Target: kr 36.67 (+7.98%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 30.00kr 36.67kr 37.00kr 46.00
Change-11.66%+7.98%+8.95%+35.45%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy424333
Buy111111
Hold223333
Sell000000
Strong Sell000000
Total758777

Financial Forecast

Revenue This Year
15.55B
from 16.54B
Decreased by -5.96%
Revenue Next Year
17.54B
from 15.55B
Increased by 12.78%
EPS This Year
1.06
from 0.42
Increased by 153.04%
EPS Next Year
3.63
from 1.06
Increased by 242.45%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
33.08B45.02B21.13B17.81B16.54B15.55B
Revenue Growth
37.70%36.07%-53.05%-15.73%-7.16%-5.96%
Gross Profit
17.10B23.04B10.31B9.50B8.90B7.25B
Gross Margin
51.68%51.18%48.78%53.32%53.85%46.60%
Operating Income
5.66B11.73B3.24B1.41B1.36B978.40M
Net Income
4.63B9.56B72.00M488.00M-668.00M-197.00M
EPS
----0.421.06
EPS Growth
-----87.90%153.04%
Forward PE
5.315.2933.659.7123.3232.04
Dividend / Share
3.006.00-0.30--
Free Cash Flow
-----1.14B2.02B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NOK.

Revenue Forecast

Revenue202620272028
High16.4B
Avg15.5B
Low15.1B

Revenue Growth

Revenue Growth202620272028
High
-0.8%
Avg
-6.0%
Low
-8.9%

EPS Forecast

EPS202620272028
High1.39
Avg1.06
Low0.76

EPS Growth

EPS Growth202620272028
High
231.8%
Avg
153.0%
Low
81.4%