Heating technology company Nibe has experienced a negative share price trend after its interim report on Friday, November 14, which showed an adjusted operating profit in line with consensus expectations.

The stock, which fell by 13.0 percent on the day of the report, is currently down 11.9 percent since the release, while the large-cap OMXS30 index has declined by 0.4 percent over the same period.

Based on estimates received after the interim report, FactSet's consensus for this year's sales has been lowered by 0.6 percent, while the consensus for next year has been adjusted down by 0.8 percent.

Consensus for the adjusted operating profit has been reduced by 0.8 percent for this year and cut by 1.1 percent for next year.

The average recommendation for the share remains overweight.

The average target price has been lowered by 3.5 percent to 44.12 kronor, down from 45.72 kronor.

The proportion of positive recommendations is now at 54 percent (54), while the proportion of hold recommendations is 23 percent (23), and the proportion of negative recommendations is also 23 percent (23).

Nibe
Share price change on report day-13.0%
Date 2025-11-26 2025-11-13 DifferenceNumber of estimates
Share price 33.33 37.79 -11.8%
Average target price 44.12 45.72 -3.5%
Difference target price vs current share price 32.36% 20.99%
Consensus recommendationOverweightOverweight 13
Proportion of positive recommendations 54% 54% 7
Proportion of hold recommendations 23% 23% 3
Proportion of negative recommendations 23% 23% 3
Sales, current year 41,006 41,267 -0.6% 13
Sales, next year 43,372 43,705 -0.8% 13
Sales growth, next year 5.8% 5.9%
Adjusted EBIT, current year 4,256 4,291 -0.8% 13
Adjusted EBIT, next year 5,085 5,141 -1.1% 13
Adjusted EBIT growth, next year 19.5% 19.8%
Dividend (average), this year 0.44 0.47 -6.2% 13
Dividend (average), next year 0.59 0.62 -4.2% 13
Source: FactSet