NIBE Industrier AB Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, NIBE Industrier AB stock has a consensus rating of "Buy" and an average price target of kr 45.00. The average 1-year stock price forecast is 4.68% higher than the current stock price, while the lowest is kr 29.00 (-32.54%) and the highest is kr 55.00 (+27.94%).

Price Target: kr 45.00 (+4.68%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	kr 29.00	kr 45.00	kr 47.00	kr 55.00
Change	-32.54%	+4.68%	+9.33%	+27.94%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	4	4	4	4	4	5
Buy	2	3	3	3	3	3
Hold	2	3	3	3	3	2
Sell	1	1	1	1	1	1
Strong Sell	2	2	2	2	2	2
Total	11	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vivek Midha Citi	Citi	Hold Maintains kr 44.00 → kr 46.00	Hold	Maintains	kr 44.00 → kr 46.00	+7.00%	Aug 25, 2026
James Winchester CFA Barclays	Barclays	Sell Maintains kr 27.00 → kr 29.00	Sell	Maintains	kr 27.00 → kr 29.00	-32.54%	Aug 24, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Sell Maintains kr 31.00 → kr 32.00	Sell	Maintains	kr 31.00 → kr 32.00	-25.56%	Jul 7, 2026
Mats Liss Kepler Capital	Kepler Capital	Buy Maintains kr 50.00 → kr 48.00	Buy	Maintains	kr 50.00 → kr 48.00	+11.65%	May 20, 2026
Michele Baldelli Exane BNP Paribas	Exane BNP Paribas	Buy Initiates kr 50.00	Buy	Initiates	kr 50.00	+16.31%	Apr 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

43.48B

from 40.84B

6.46%

from 40.84B

Revenue Next Year

46.88B

from 43.48B

7.83%

from 43.48B

EPS This Year

1.68

from 1.20

39.95%

from 1.20

EPS Next Year

2.02

from 1.68

20.11%

from 1.68

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	30.83B	40.07B	46.65B	40.52B	40.84B	43.48B
Revenue Growth	13.58%	29.97%	16.42%	-13.14%	0.79%	6.46%
Gross Profit	10.20B	12.61B	15.62B	10.97B	12.87B	14.33B
Gross Margin	33.10%	31.47%	33.49%	27.08%	31.50%	32.95%
Operating Income	4.19B	5.24B	6.52B	1.53B	3.87B	5.18B
Net Income	3.32B	4.35B	4.79B	1.17B	2.28B	3.34B
EPS	-	-	-	-	1.20	1.68
EPS Growth	-	-	-	-	50.00%	39.95%
Forward PE	76.28	43.02	25.64	29.80	21.89	25.60
Dividend / Share	0.50	0.65	0.65	0.30	0.35	0.48
Dividend Growth	29.03%	30.00%	-	-53.85%	16.67%	38.53%
Free Cash Flow	603.75M	-770.50M	-37.75M	435.88M	2.85B	4.15B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SEK.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	44.3B
Avg	43.5B
Low	42.7B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	8.4%
Avg	6.5%
Low	4.6%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.85
Avg	1.68
Low	1.54

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	54.2%
Avg	40.0%
Low	28.3%