Why Aker stock moves
Aker rose, moving against a sharply falling Oslo market.
Written after the close on ·
Why today
16,413 news analyzed todayAker rose, moving against a sharply falling Oslo market.
Aker rose on news that bp sold its stake in Aker, and a Qatar offshore design deal with Aker was also reported.
Over the last five trading days, Aker fell sharply, in line with the market.
The main likely drivers are the bp stake sale and the Qatar design deal, while the broader oil price drop weighed on the sector.
The shares traded ex-dividend that day, which took about 3% off the quoted price.
Today's move of +1.42% was 1.1 times a normal day's 1.3%. Oslo Børs benchmark index moved −1.31% on the same day.
Aker +1.42%
What analysts expect, and how often they have been right
Analysts’ estimates for Aker.
Ratings
Price targets
Latest price 1,074.00 NOK
For the current fiscal year, expected earnings per share changed from 75.24 NOK three months ago to 456.21 NOK now. 2026 estimate: 456.21 NOK. 2027 estimate: 80.07 NOK. One analyst made these estimates.
Has the share price followed the business?
Price and earnings moved in the same direction: 1 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +40% and earnings per share −45%.
Revenue, profit and market cap
RevenueProfitMarket capbn NOK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn NOK
Price and earnings moved in the same direction: 1 out of 3 years.Market cap (Now): 79.2 bn NOKRevenue 2025: 13.0 bn NOK
What the key figures say about Aker
The figures connect what Aker earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 43.54 NOK–190.83 NOK. Peers: Lifco 8.66 SEK, Latour 11.57 SEK, Bonheur 24.70 NOK. 2026 estimate: 456.21 NOK (456.21 NOK–456.21 NOK). 2027 estimate: 80.07 NOK (80.07 NOK–80.07 NOK).
What the company sold during the year.
2022–2025: 5.8 bn NOK–13.0 bn NOK. Peers: Lifco 29.8 bn SEK, Latour 28.5 bn SEK, Bonheur 12.5 bn NOK.
The percentage of revenue left after the costs of running the business.
2022–2025: −59.0%–116.3%. Peers: Lifco 18.8%, Latour 14.3%, Bonheur 19.5%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 7.2%–32.4%. Peers: Lifco 19.5%, Latour 16.8%, Bonheur 14.1%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 3.8–15.3. Peers: Lifco 32.7, Latour 20.3, Bonheur 10.6. 2026 estimate: 2.4. 2027 estimate: 13.4.
What investors pay for each unit the company sells.
2022–2025: 3.34–8.53. Peers: Lifco 4.31, Latour 5.26, Bonheur 0.89.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 15.50 NOK–53.00 NOK.
The ordinary yearly dividend as a percentage of the share price. Across Nordic companies, a yield of this size was followed by a lower dividend the next year in about 33% of cases, against about 17% below 5%.
2022–2025: 2.8%–6.9%. Peers: Lifco 0.9%, Latour 2.2%, Bonheur 2.8%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 1.88–9.20. Peers: Lifco 1.31, Latour 2.62, Bonheur -0.00.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.77–1.22. Peers: Lifco 5.87, Latour 3.22, Bonheur 1.20.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 7.3–61.9.
Cash left after investments, divided by the number of shares.
2022–2025: -100.56 NOK–103.11 NOK. Peers: Lifco 11.18 SEK, Latour 6.34 SEK, Bonheur 25.06 NOK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 44.9%–50.6%.
The dividend explained
A dividend is money paid to shareholders. Aker paid 58.00 NOK per share in the twelve months through November 6, 2026.
2017: 16.00 NOK2018: 18.00 NOK2019: 22.50 NOK2020: 23.50 NOK2021: 23.50 NOK2022: 29.00 NOK2023: 30.00 NOK2024: 15.50 NOK2025: 53.00 NOK2026 so far: 58.00 NOK
What followed similar falls?
Including reinvested dividends, Aker fell 5.2% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 33 out of 51 non-overlapping periods. The median was +2.5%, against +1.6% for an ordinary 21-day period, which ended higher 58 times in 100.
Such a fall has not said much about the next month.
+2.5% · 33/51
What to watch next, and why
The earnings report shows how Aker's revenue and profit have changed.
- Earnings report
The earnings report shows how Aker's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Aker usually moved about 2.0%. On a normal day it moves 1.3%.
+2.86% Why? −8.56% +2.01% −2.31%
10,000 NOK in Aker bought on November 7, 2016 is worth 56,900 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 32,400 NOK.
What would 10,000 NOK in Aker be worth today? →
What would 10,000 NOK in Aker be worth today?
56,900 NOK
with dividends reinvested, bought on November 7, 2016. The same amount in OSEBX with dividends would have become 32,400 NOK.
At worst it was worth 7,180 NOK (March 19, 2020).
The five biggest days of the journey
· −20.7% · the whole market fell 8.1% the same day
· +16.6% · the whole market rose 5.6% the same day
· −13.2% · the whole market fell 8.8% the same day
· +12.2% · the whole market rose 1.1% the same day
· +11.7% · the whole market rose 0.2% the same day
Earlier days
−5.21% Aker fell sharply over the week, moving in line with the Oslo Børs benchmark, which also fell sharply. Read →
Aker fell sharply over the week, moving in line with the Oslo Børs benchmark, which also fell sharply.
Its quarterly report on 4 November showed net asset value rising to NOK 111 billion, driven mainly by its stake in Aker BP and dividends received.
Its shares traded without their dividend on 6 November, which took about that amount off the quoted price.
The peer group of other Industrials stocks on Oslo Børs was broadly flat over the same days, so the weakness was mostly market-wide, a common pattern when energy and tech sentiment both turn down.
−5.56% Aker fell after heavy selling of its shares. Read →
Aker fell after heavy selling of its shares.
Over the same day, the Oslo market fell too, but Aker fell more than the market.
Over the last five trading days, Aker also fell sharply, more than the market, and trading was well above normal.
+2.86% Aker rose as record quarterly net asset value lifted it. Read →
Aker rose as record quarterly net asset value lifted it.
Oslo Børs was roughly flat that session, so Aker moved on its own news.
Over the last five trading days Aker fell slightly, in line with a clearly weaker market.
The third-quarter report showed net asset value rising to NOK 111 billion, driven by Aker BP and Nscale gains.
A NOK 29 per share dividend follows, with its last day including the right on November 5.
+0.18% Aker moved roughly unchanged, less than the market. Read →
Aker moved roughly unchanged, less than the market.
Over the last five trading days it fell clearly, more than the Oslo Børs benchmark index.
No company news explains the move.
Its size was an ordinary day for Aker.
Its next earnings report is due Wednesday 4 November 2026.
−3.95% Aker fell, more than the market did. Read →
Aker fell, more than the market did.
Over the same session, the Oslo Børs benchmark index fell sharply.
No company news explains the move.
Over the last five trading days, Aker fell clearly, while the index fell slightly.
The latest close is well below the past year's high from early September and well above the low from mid December last year.
−1.36% Aker fell, while the Oslo market rose slightly. Read →
Aker fell, while the Oslo market rose slightly.
No company news explains it.
Over the last five trading days, Aker rose slightly, while the Oslo benchmark index rose sharply.
Trading was thin, so the move may partly reflect few buyers and sellers.
The next report comes on Wednesday 4 November 2026, at 07:00 CET.
+1.22% Aker rose slightly over the week, lagging a clearly stronger market. Read →
Aker rose slightly over the week, lagging a clearly stronger market.
The market's benchmark index rose sharply, so Aker moved less than Oslo Børs did.
Trading was thin, well below its usual level, so moves may be less reliable.
The company's most relevant news was an invitation to its third-quarter results, due Wednesday 4 November, which says when results come but not what they show.
+0.70% Aker moved slightly higher, less than the market. Read →
Aker moved slightly higher, less than the market.
Oslo Børs rose sharply in the same session, so Aker lagged the broader rise.
The move was an ordinary one for Aker, within its usual daily range, and trading was light.
No company news clearly explains the session's move; the market-wide rally and a light day are the likely backdrop.
Over the last five trading days, Aker fell slightly while the Oslo Børs benchmark rose clearly, so it moved against the market.
−8.73% Aker fell very sharply over the last five trading days while the broader market stayed roughly flat. Read →
Aker fell very sharply over the last five trading days while the broader market stayed roughly flat.
The drop was tied to reports about Nscale, a company Aker is involved with, including talk of a possible large deal and a lower valuation, which weighed on the shares.
Shares rose briefly on a report of a deal, but the overall direction was down.
The next earnings report is due Wednesday 4 November, which investors will watch closely.
−3.84% Aker fell sharply, with no clear company news behind it. Read →
Aker fell sharply, with no clear company news behind it.
Aker fell very sharply in the last session while Oslo Børs was down sharply too, so it dropped more than the market.
The newest company item is Aker Property Group buying half of Quality Hotel Skifer, valuing the hotel at 275 million, which is too small to explain a drop that large.
Over the last five trading days Aker fell very sharply while the market was roughly flat, a move about three times a normal stretch for the stock.
The likely driver is weakness in Aker's data center and Nscale holdings, where earlier reports of a lower valuation for Nscale weighed on the shares.
+1.54% Aker rose; no clear company news explains it. Read →
Aker rose; no clear company news explains it.
Aker rose clearly in the last session, while Oslo's main index fell clearly, so it moved against the market.
Over the last five trading days Aker fell very sharply while the market was roughly flat, a big move for the stock.
The fall was likely driven by worries over its stake in Nscale, an AI data-centre company, after reports of a lower valuation.
−7.14% Aker fell sharply while the Oslo index was flat. Read →
Aker fell sharply while the Oslo index was flat.
Aker fell sharply in the last session while the Oslo benchmark index was roughly unchanged.
So the drop was company-specific, not a market move.
Reports tied it to Nscale, an AI data-centre company Aker largely controls, which ran into trouble in the UK.
Rumours of a lower valuation for Nscale likely drove the sell-off.
Learn more · Why does a stock fall on the ex-dividend date? · Why do stocks go up and down?