Norwegian Air Shuttle ASA (OSL:NAS)

Norway flag Norway · Delayed Price · Currency is NOK
12.78
-0.32 (-2.44%)
Jul 15, 2026, 4:29 PM CET
Market Cap13.78B -9.4%
Revenue (ttm)38.09B +3.8%
Net Income1.56B -17.4%
EPS1.83
Shares Out 1.05B
PE Ratio7.16
Forward PE8.09
Dividend1.60 (12.21%)
Ex-Dividend DateMay 7, 2026
Volume14,007,944
Open13.12
Previous Close13.10
Day's Range12.41 - 13.18
52-Week Range12.41 - 18.45
Beta1.05
AnalystsHold
Price Target16.50 (+29.11%)
Earnings DateJul 14, 2026

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway. [Read more]

Industry Airlines
Founded 1993
Employees 8,992
Stock Exchange Oslo Børs
Ticker Symbol NAS
Full Company Profile

Financial Performance

In 2025, Norwegian Air Shuttle ASA's revenue was 37.65 billion, an increase of 6.60% compared to the previous year's 35.32 billion. Earnings were 2.65 billion, an increase of 118.14%.

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for NAS stock is "Hold." The 12-month stock price target is kr 16.50, which is an increase of 29.11% from the latest price.

Price Target
kr 16.50
(29.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Norwegian Air Shuttle ASA Earnings Call Transcript: Q2 2026

EBIT excluding one-offs was NOK 213 million, but net profit was NOK -555 million due to a NOK 733 million EU ETS loss and higher fuel costs. Widerøe delivered strong operational results, and the acquisition of NLTG is set to expand offerings and drive synergies. Liquidity remains robust at NOK 13.7 billion.

1 day ago - Transcripts

Norwegian Air Shuttle ASA Slides: Q2 2026

Norwegian Air Shuttle ASA has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 14, 2026.

1 day ago - Filings

Norwegian Air Shuttle ASA Quarterly report: Q2 2026

Norwegian Air Shuttle ASA has published its Q2 2026 quarterly earnings report on July 14, 2026.

1 day ago - Filings

Why Norwegian Air changed Insta logo to British Airways after England loss - explained

Football News: Norwegian Air has kept its social media bet with British Airways by changing its Instagram profile picture to the British airline's logo for 24 hours .

2 days ago - The Times of India

The high-flying England vs. Norway World Cup bet that's got everyone talking

Norwegian Air Shuttle made a cheeky bet with British Airways on Instagram ahead of England and Norway's match on Saturday.

4 days ago - Business Insider

Norwegian Air (NAS) Acquires Nordic Leisure Travel Group for $832.5 Million

Norwegian Air (NAS) Acquires Nordic Leisure Travel Group for $832.5 Million

4 weeks ago - GuruFocus

Norwegian Air Shuttle ASA Transcript: M&A announcement

The acquisition expands presence in the Nordic leisure travel market, leveraging synergies in fleet, network, and hotel offerings. Financing is a mix of shares, cash, and bonds, with integration focused on operational efficiency and margin uplift by 2027.

4 weeks ago - Transcripts

Norwegian Air Shuttle ASA Slides: M&A announcement

Norwegian Air Shuttle ASA has posted slides in relation to its latest quarterly earnings report, which was published on June 16, 2026.

4 weeks ago - Filings

Norwegian Air Shuttle ASA Press release: M&A announcement

Norwegian Air Shuttle ASA issued a press release on June 16, 2026, disclosing material business information to investors.

4 weeks ago - Filings

Norwegian Air Shuttle to Buy Package Holiday Group Nordic Leisure Travel For $833 Million

The low-cost carrier is seeking to boost revenue by integrating its flights with a network of hotels and experiences in the $833 million deal.

4 weeks ago - WSJ

Norwegian Air to buy Nordic Leisure Travel Group for $843 million

Budget airline Norwegian Air said on Tuesday it has agreed to buy package holiday company Nordic Leisure Travel Group for around 7.94 billion Swedish crowns ($842.90 million) in cash and stock.

4 weeks ago - Reuters

Norwegian Air Shuttle ASA Earnings Call Transcript: Q1 2026

EBIT loss narrowed significantly year-over-year, with record load factors and strong cash flow. Bookings and yields are ahead of last year, supported by cost initiatives and robust demand for European routes. Ongoing fuel price volatility and labor negotiations remain key risks.

2 months ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q1 2026

Norwegian Air Shuttle ASA has published its Q1 2026 quarterly earnings report on April 28, 2026.

2 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q1 2026

Norwegian Air Shuttle ASA has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.

2 months ago - Filings

Norwegian Air Shuttle upgraded to Buy from Hold at Pareto

Pareto upgraded Norwegian Air Shuttle (NWARF) to Buy from Hold with a NOK 17 price target

3 months ago - TheFly

Norwegian Air Shuttle ASA Slides: Investor presentation

Norwegian Air Shuttle ASA has posted slides in relation to its latest quarterly earnings report, which was published on March 26, 2026.

3 months ago - Filings

Norwegian Air Shuttle ASA Earnings Call Transcript: Q4 2025

Record EBIT and strong margins achieved in 2025, with robust passenger growth, improved operational performance, and a solid liquidity position. Capacity and profitability are set to rise in 2026, supported by fleet expansion, cost control, and new distribution initiatives.

5 months ago - Transcripts

Norwegian Air Shuttle ASA Annual report: Q4 2025

Norwegian Air Shuttle ASA has published its Q4 2025 annual report on February 13, 2026.

5 months ago - Filings

Norwegian Air Shuttle ASA Quarterly report: Q4 2025

Norwegian Air Shuttle ASA has published its Q4 2025 quarterly earnings report on February 13, 2026.

5 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q4 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 13, 2026.

5 months ago - Filings

Norwegian Air Shuttle downgraded to Hold from Buy at Danske Bank

Danske Bank analyst Tomas Helgo downgraded Norwegian Air Shuttle (NWARF) to Hold from Buy with an NOK 18 price target

6 months ago - TheFly

Norwegian Air Shuttle ASA Earnings Call Transcript: Q3 2025

Record EBITDA and net profit driven by strong passenger growth, cost control, and fleet renewal. Dividend paid for the first time, with robust liquidity and improved equity ratio. Outlook remains positive despite rising costs and industry-wide capacity reductions.

9 months ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q3 2025

Norwegian Air Shuttle ASA has published its Q3 2025 quarterly earnings report on October 22, 2025.

9 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q3 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 22, 2025.

9 months ago - Filings

Norwegian Air to buy an additional 30 Boeing 737 aircraft

Norwegian Air Shuttle said on Friday it had exercised an option to buy an additional 30 Boeing 737 MAX 8, bringing its total firm order to 80 aircraft.

10 months ago - Reuters