Nordnet AB (SAVE)

Currency in SEK
367.20
-2.40(-0.65%)
Closed·
Trading near 52-week High
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Fair Value
Day's Range
361.40384.00
52 wk Range
257.60384.00
Key Statistics
Prev. Close
369.6
Open
383.2
Day's Range
361.4-384
52 wk Range
257.6-384
Volume
366.55K
Average Volume (3m)
257.26K
1-Year Change
38.0451%
Book Value / Share
32.43
Fair Value
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Fair Value Upside
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SAVE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
361.86
Downside
-1.46%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings upwards for the upcoming period

Nordnet AB News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Sell
Moving Averages
Sell

Analyst Ratings

5 Buy
6 Hold
3 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 361.86
(-1.46% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jefferies
Hold385.00+4.85%-New CoverageJul 08, 2026
Goldman Sachs
Buy365.00-0.60%360.00MaintainJun 15, 2026
Barclays
Sell310.00-15.58%260.00MaintainJun 12, 2026
Berenberg
Buy400.00+8.93%320.00UpgradeJun 05, 2026
Citi
Hold325.00-11.49%335.00MaintainMay 11, 2026

Nordnet AB Earnings Call Summary for Q2/2026

  • Nordnet reported record Q2 results with adjusted revenue of SEK 1.6B (+26% YoY) and profit before tax of SEK 1.2B (+33% YoY); shares fell 1.46%.
  • Customer base grew 13% to 2.5M, savings capital rose 29% to SEK 1.4T, while operating expenses increased only 11%, driving 27% efficiency ratio.
  • Company targets 13-15% annual customer growth and expects 2026 operating expense growth of ~8%, excluding SEK 80-90M for German expansion costs.
  • Germany launch planned for late 2026 with phased rollout and broader marketing push in 2027 following pension account launch in January.
  • Management maintains 45 basis point revenue margin target as through-cycle midpoint; new share buyback program planned with modest 2026 execution.
Last Updated: 17/07/2026, 10:12
Read Full Transcript

Earnings

Latest Release
Jul 17, 2026
EPS / Forecast
3.80 / 3.47
Revenue / Forecast
1.63B / 1.53B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 12.01%
Dividend Yield
2.33%
Industry Median 5.21%
Annualised payout
8.60
Paid annually
5-Years Growth
+41.61%
Growth Streak

SAVE Income Statement

Compare SAVE to Peers and Sector

Metrics to compare
SAVE
Peers
Sector
Relationship
P/E Ratio
27.2x20.0x10.1x
PEG Ratio
-0.690.03
Price/Book
11.3x4.3x1.0x
Price / LTM Sales
13.8x5.6x2.9x
Upside (Analyst Target)
0.1%17.8%13.1%
Fair Value Upside
Unlock10.8%2.6%Unlock

Nordnet AB (publ), together with its subsidiaries, operates a digital platform for savings and investments in Sweden, Norway, Denmark, and Finland. Its platform allows customers to invest in stocks, mutual funds, and other securities through website, app, or other applications; offers margin lending and residential mortgages; and pension savings and occupational pension solutions; endowment insurance, and accounts for private pension savings, as well as digital pension management service. The company also offers Shareville, a social investment network that allows customers share their investments in real time. Nordnet AB (publ) was founded in 1996 and is headquartered in Stockholm, Sweden.

Sector
Financial
Employees
862
Market
Sweden

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
52.85M21.27%19.41B
Other Institutional Investors
106.60M42.89%39.14B
Public Companies & Retail Investors
89.06M35.84%32.70B
Total
248.51M100.00%91.25B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
E. Öhman J:or Wealth Management21.99%54,642,09220,064,576
Premiefinans AB10.19%25,334,0619,302,667

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FAQ

What Is the Nordnet AB (SAVE) Stock Price Today?

The Nordnet AB stock price today is 367.20 SEK.

What Stock Exchange Does Nordnet AB Trade On?

Nordnet AB is listed and trades on the Stockholm Stock Exchange.

What Is the Stock Symbol for Nordnet AB?

The stock symbol for Nordnet AB is "SAVE."

What Is the Nordnet AB Market Cap?

As of today, Nordnet AB market cap is 91.25B SEK.

What Is Nordnet AB's Earnings Per Share (TTM)?

The Nordnet AB EPS (TTM) is 12.01.

When Is the Next Nordnet AB Earnings Date?

Nordnet AB will release its next earnings report on Oct 22, 2026.

From a Technical Analysis Perspective, Is SAVE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Nordnet AB Stock Split?

Nordnet AB has split 0 times.

How Many Employees Does Nordnet AB Have?

Nordnet AB has 862 employees.

What is the current trading status of Nordnet AB (SAVE)?

As of Jul 19, 2026, Nordnet AB (SAVE) is trading at a price of 367.20 SEK, with a previous close of 369.60 SEK. The stock has fluctuated within a day range of 361.40 SEK to 384.00 SEK, while its 52-week range spans from 257.60 SEK to 384.00 SEK.

What Is Nordnet AB (SAVE) Price Target According to Analysts?

The average 12-month price target for Nordnet AB is 361.86 SEK, with a high estimate of 440 SEK and a low estimate of 260 SEK. 5 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Buy. The stock has an -1.46% Downside potential.
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