Why Bonheur stock moves
Bonheur was roughly unchanged as the market fell sharply.
Written after the close on ·
Why today
16,413 news analyzed todayBonheur was roughly unchanged as the market fell sharply.
Bonheur moved far less than the Oslo market over five days.
Earlier, Q3 results beat expectations and were the main news last week.
Next, the chair purchase and the market's fall are the key facts to track.
Today's move of +0.00% was 0.0 times a normal day's 0.8%. Oslo Børs benchmark index moved −1.31% on the same day.
Bonheur +0.00%
What analysts expect, and how often they have been right
Analysts’ estimates for Bonheur.
Bonheur earned more than expected in 4 out of 8 reports.
Not in the chart because no estimate and result are available: 2 of the 10 reports in this period, the latest on July 10, 2025.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 7 out of 7 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 262.00 NOK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedNOK
Next reported quarter: expected earnings per share of 5.10 NOK (February 25). For the current fiscal year, expected earnings per share changed from 24.41 NOK three months ago to 26.66 NOK now. 2026 estimate: 26.66 NOK. 2027 estimate: 30.75 NOK. One analyst made the estimate for the quarter.
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 −4% and earnings per share +25%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn 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): 11.1 bn NOKRevenue 2025: 12.5 bn NOK
What the key figures say about Bonheur
The figures connect what Bonheur 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: 9.30 NOK–33.40 NOK. Peers: Bergman & Beving 9.90 SEK, Karnell Group 3.01 SEK, Aker 378.91 NOK. 2026 estimate: 26.66 NOK (26.62 NOK–26.70 NOK). 2027 estimate: 30.75 NOK (20.99 NOK–44.90 NOK).
What the company sold during the year.
2022–2025: 11.4 bn NOK–14.0 bn NOK. Peers: Bergman & Beving 5.1 bn SEK, Karnell Group 2.1 bn SEK, Aker 40.3 bn NOK. 2026 estimate: 12.8 bn NOK (12.8 bn NOK–12.8 bn NOK). 2027 estimate: 13.2 bn NOK (12.6 bn NOK–13.7 bn NOK).
The percentage of revenue left after the costs of running the business.
2022–2025: 17.2%–24.2%. Peers: Bergman & Beving 9.1%, Karnell Group 14.7%, Aker 41.0%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 6.9%–16.1%. Peers: Bergman & Beving 13.6%, Karnell Group 12.5%, Aker 45.1%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 7.5–30.9. Peers: Bergman & Beving 26.3, Karnell Group 28.3, Aker 2.8. 2026 estimate: 9.8. 2027 estimate: 8.5.
What investors pay for each unit the company sells.
2022–2025: 0.79–1.07. Peers: Bergman & Beving 1.36, Karnell Group 2.18, Aker 1.97. 2026 estimate: 0.87. 2027 estimate: 0.84.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 2.00 NOK–6.75 NOK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 1.5%–2.7%. Peers: Bergman & Beving 1.6%, Karnell Group 0.0%, Aker 5.4%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.69–1.40. Peers: Bergman & Beving 3.18, Karnell Group 1.68, Aker 1.47.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 1.21–2.13. Peers: Bergman & Beving 3.37, Karnell Group 3.12, Aker 1.18.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 4.8–6.0.
Cash left after investments, divided by the number of shares.
2022–2025: 0.06 NOK–49.43 NOK. Peers: Bergman & Beving 18.79 SEK, Karnell Group 5.84 SEK, Aker 19.61 NOK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 26.3%–34.9%.
The dividend explained
A dividend is money paid to shareholders. Bonheur paid 7.30 NOK per share in the twelve months through November 6, 2026.
On the ex-dividend day, May 28, 2026, Bonheur traded without the right to the 7.30 NOK dividend. The price went from 260.00 NOK to 252.00 NOK; including the dividend, the day's change was −0.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 2.00 NOK2018: 2.00 NOK2019: 4.00 NOK2020: 4.30 NOK2021: 4.00 NOK2022: 4.30 NOK2023: 5.00 NOK2024: 6.00 NOK2025: 6.75 NOK2026 so far: 7.30 NOK
What to watch next, and why
The earnings report shows how Bonheur's revenue and profit have changed.
- Earnings report
The earnings report shows how Bonheur's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Bonheur usually moved about 1.2%. On a normal day it moves 0.8%.
+4.33% Why? −2.73% −0.38% +5.15%
10,000 NOK in Bonheur bought on November 7, 2016 is worth 63,900 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 32,400 NOK.
What would 10,000 NOK in Bonheur be worth today? →
What would 10,000 NOK in Bonheur be worth today?
63,900 NOK
with dividends reinvested, bought on November 7, 2016. The same amount in OSEBX with dividends would have become 32,400 NOK.
The five biggest days of the journey
· +12.5% · the whole market rose 1.1% the same day
· +10.9% · the whole market fell 0.3% the same day
· −10.4% · the whole market fell 5.3% the same day
· +10.4% · the whole market fell 0.2% the same day
· +9.3% · the whole market was unchanged the same day
Earlier days
−1.13% Bonheur fell slightly over the week, moving less than the broader market, which dropped sharply. Read →
Bonheur fell slightly over the week, moving less than the broader market, which dropped sharply.
The company reported third-quarter results on 30 October that beat analyst expectations, with higher renewables earnings and a larger order backlog for the Tern vessels, which likely supported the shares.
Peers in the sector fell about 1.1% over the same window, so the weak market likely weighed on the whole group.
+0.00% Bonheur was roughly unchanged. Read →
Bonheur was roughly unchanged.
The move was an ordinary one for Bonheur, within its usual daily range.
Over the last five trading days, Bonheur rose sharply while the Oslo Børs index fell clearly.
The strong gain likely reflects the third-quarter results last week, which beat expectations on higher renewable energy output and power prices.
No company news from the last session explains its flat move.
+4.33% Bonheur rose very sharply after strong third-quarter results. Read →
Bonheur rose very sharply after strong third-quarter results.
Bonheur moved far more than Oslo Børs, which rose only slightly that day, so the stock clearly outpaced the market.
The company reported quarterly operating revenue and profit above last year, and earnings beat expectations, which likely drove the rally.
Its move was very big for it, several times a normal day, and trading was well above its usual level.
+8.61% Bonheur rose very sharply over the week's trading days, clearly more than the broader market. Read →
Bonheur rose very sharply over the week's trading days, clearly more than the broader market.
Its third-quarter results were strong, with revenue, EBITDA (operating profit before depreciation) and net profit all higher than a year earlier.
Renewable energy and offshore wind activity, plus higher gas prices lifting power prices, likely drove much of the gain.
The market index rose sharply too, but Bonheur's move was far stronger than usual, a rare event over the past year.
−1.95% Bonheur fell, while the Oslo market was roughly flat. Read →
Bonheur fell, while the Oslo market was roughly flat.
No company news from that session explains the move.
Over the last five trading days, Bonheur was roughly unchanged and moved less than the Oslo benchmark, which rose slightly.
Trading was well below its usual level, so the drop came on thin volume.
The most recent company news is a DNB Carnegie cut of its target price to NOK 280, which was known before the session opened.
+5.74% Bonheur rose, moving well ahead of the market. Read →
Bonheur rose, moving well ahead of the market.
DNB Carnegie cut its target price, the share price it sees as fair, to NOK 280 from 295, while still rating the stock buy.
Over the last five trading days the shares rose clearly, a big move for the stock, and the Oslo Børs index also rose.
The cut sits in the news from the last session, but it does not match a rise, so the day's gain is not explained by company news.
The next earnings report is due Friday 30 October 2026.
−1.21% Bonheur fell clearly, with no company news explaining it. Read →
Bonheur fell clearly, with no company news explaining it.
It fell clearly while Oslo's main index rose clearly, so it moved against the market.
Over the last five trading days, Bonheur fell sharply while the market was roughly flat.
The move was big for Bonheur, about twice a normal five-day stretch, and such moves are uncommon.
−3.94% Bonheur fell sharply over the last five trading days, while the Oslo Børs index was roughly flat. Read →
Bonheur fell sharply over the last five trading days, while the Oslo Børs index was roughly flat.
The move was big, about twice a normal five-day stretch for the company.
The only company news in the window is a bond listing application from Monday, which is a routine financing step and does not clearly explain the drop.
Bonheur's shares fell most in the last session, against a rising market.
−1.79% Bonheur fell sharply; no company news explains it. Read →
Bonheur fell sharply; no company news explains it.
Bonheur fell sharply on the trading day, in line with a sharp fall in the Oslo Børs index.
Over the last five trading days, Bonheur fell clearly while the wider market was roughly flat.
Bonheur reports its next results on Friday 30 October, which is the event to watch.
+2.03% Bonheur rose sharply, moving with a strongly rising market. Read →
Bonheur rose sharply, moving with a strongly rising market.
No company news explains the move, so it looks largely market-driven.
Over the last five trading days Bonheur fell clearly while Oslo Børs rose slightly, so it lagged the market.
Likely drivers include a broad rally in Oslo-listed industrial stocks and renewed investor interest after the recent decline.
Its next earnings report is due Friday 30 October 2026.
−1.97% Bonheur fell sharply, against a flat market, without clear company news explaining it. Read →
Bonheur fell sharply, against a flat market, without clear company news explaining it.
Over the last five trading days it fell sharply while Oslo Børs rose clearly, so it moved against the market.
The move was big, about twice a normal five-day stretch for Bonheur.
Trading volume was around its usual level.
The only news from the last session concerns a bond listing application, which is routine and unlikely to have moved the shares.
+0.00% Bonheur was roughly flat, while the Oslo Børs index rose sharply; no company news explains it. Read →
Bonheur was roughly flat, while the Oslo Børs index rose sharply; no company news explains it.
Over the last five trading days, Bonheur fell sharply as the market rose clearly, so it lagged the broader market.
The news this week was mostly a bond interest rate reset on its green bond BONHR03 (a loan the company borrows at a rate reset periodically) and an earlier green bond issue of 800 million crowns, neither of which likely moved the shares much.
Shares of holding companies like Bonheur often trade on their underlying businesses and on investor sentiment in industrials, so a sector-wide rotation may explain part of the gap.
The next earnings report on 30 October 2026 is the key event to watch.
−3.42% Bonheur, the parent company of Fred. Read →
Bonheur, the parent company of Fred.
Olsen Express, fell sharply over the past five trading days while the broader Oslo market rose clearly, so the shares moved against the market.
The most concrete company news in the window is the launch of a green bond (a loan raised from investors and earmarked for environmentally friendly projects) worth 800 million crowns, which is typically a financing step rather than a negative signal, so the drop more likely reflects investors rotating out of the stock, partly on general sector and sentiment factors.
Watch the next earnings report on 30 October 2026, which is the next clear catalyst for the shares.
−2.31% Bonheur fell very sharply, moving well more than the benchmark, which fell clearly over the same day. Read →
Bonheur fell very sharply, moving well more than the benchmark, which fell clearly over the same day.
Over the last five trading days the shares fell sharply while the Oslo Børs benchmark rose sharply, so the stock moved against the market.
The next thing to watch is the third-quarter report on Friday 30 October, which is when new company figures will arrive.
Learn more · Why do stocks go up and down?