Why cBrain stock moves
cBrain fell sharply.
Written after the close on ·
Why today
16,307 news analyzed todaycBrain fell sharply.
cBrain fell, while the market also fell, so it moved more than the market. cBrain raised its 2026 revenue and earnings guidance, the targets it sets for the year, and this news came out before the session opened.
Over the last five trading days cBrain rose very sharply, a move about four times a normal five-day stretch for it.
Its latest close is well below its highest close of the past year, from late November last year.
The next earnings report is on Thursday 25 February 2027.
Today's move of −4.23% was 2.7 times a normal day's 1.6%. OMX Copenhagen 25 moved −0.64% on the same day.
cBrain −4.23%OMX Copenhagen 25 −0.64%Much weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for cBrain.
Ratings
Price targets
Latest price 113.20 DKK
For the current fiscal year, expected earnings per share changed from 2.50 DKK three months ago to 2.85 DKK now. 2026 estimate: 2.85 DKK. 2027 estimate: 3.72 DKK.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −37% and earnings per share −33%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn DKK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn DKK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 2.2 bn DKKRevenue 2025: 251 m DKK
What the key figures say about cBrain
The figures connect what cBrain 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: 1.92 DKK–3.24 DKK. Peers: Lime Technologies 9.20 SEK, Micro Systemation 4.84 SEK, Admicom 0.96 EUR. 2026 estimate: 2.85 DKK (2.83 DKK–2.87 DKK). 2027 estimate: 3.72 DKK (3.50 DKK–3.94 DKK).
What the company sold during the year.
2022–2025: 188 m DKK–268 m DKK. Peers: Lime Technologies 800 m SEK, Micro Systemation 539 m SEK, Admicom 38.5 m EUR. 2026 estimate: 286 m DKK (282 m DKK–289 m DKK). 2027 estimate: 330 m DKK (320 m DKK–340 m DKK).
The percentage of revenue left after the costs of running the business.
2022–2025: 23.4%–35.7%. Peers: Lime Technologies 20.9%, Micro Systemation 21.9%, Admicom 18.4%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 13.5%–27.6%. Peers: Lime Technologies 33.3%, Micro Systemation 55.1%, Admicom 14.5%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 52.1–83.3. Peers: Lime Technologies 28.8, Micro Systemation 20.5, Admicom 28.9. 2026 estimate: 39.7. 2027 estimate: 30.4.
What investors pay for each unit the company sells.
2022–2025: 8.76–22.00. Peers: Lime Technologies 4.42, Micro Systemation 3.39, Admicom 3.52. 2026 estimate: 7.75. 2027 estimate: 6.71.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.10 DKK–0.64 DKK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.1%–0.6%. Peers: Lime Technologies 1.7%, Micro Systemation 1.2%, Admicom 1.2%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -0.16–1.40. Peers: Lime Technologies 0.58, Micro Systemation -0.62, Admicom -0.60.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 6.92–22.96. Peers: Lime Technologies 8.74, Micro Systemation 9.00, Admicom 4.11.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 37.4–63.9.
Cash left after investments, divided by the number of shares.
2022–2025: -8.39 DKK–3.03 DKK. Peers: Lime Technologies 10.31 SEK, Micro Systemation 5.43 SEK, Admicom 1.52 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 52.5%–81.8%.
The dividend explained
A dividend is money paid to shareholders. cBrain paid 1.00 DKK per share in the twelve months through November 6, 2026.
On the ex-dividend day, April 30, 2026, cBrain traded without the right to the 1.00 DKK dividend. The price went from 63.70 DKK to 64.80 DKK; including the dividend, the day's change was +3.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 0.10 DKK2018: 0.11 DKK2019: 0.11 DKK2020: 0.12 DKK2021: 0.14 DKK2022: 0.17 DKK2023: 0.21 DKK2024: 0.28 DKK2025: 0.64 DKK2026 so far: 1.00 DKK
What to watch next, and why
The earnings report shows how cBrain's revenue and profit have changed.
- Earnings report
The earnings report shows how cBrain's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days cBrain usually moved about 9.1%. On a normal day it moves 1.6%.
+15.43% Why? +22.77% −5.77% +10.70%
10,000 DKK in cBrain bought on November 7, 2016 is worth 21,100 DKK today, with dividends reinvested.
The same amount in OMX Copenhagen with dividends would have become 25,700 DKK.
What would 10,000 DKK in cBrain be worth today? →
What would 10,000 DKK in cBrain be worth today?
21,100 DKK
with dividends reinvested, bought on November 7, 2016. The same amount in OMX Copenhagen with dividends would have become 25,700 DKK.
At worst it was worth 3,580 DKK (December 28, 2018).
The five biggest days of the journey
· +33.8% · the whole market rose 0.1% the same day
· +22.8% · the whole market rose 0.3% the same day · report day
· −22.6% · the whole market was unchanged the same day · report day
· +22.4% · the whole market fell 0.3% the same day
· +20.0%
Earlier days
+19.16% market +1.75% cBrain rose very sharply over the week, clearly more than the OMX Copenhagen 25 market index. Read →
cBrain rose very sharply over the week, clearly more than the OMX Copenhagen 25 market index.
The main driver was the company raising its 2026 guidance, its forecast for revenue growth and profit margin, after growth returned.
Several new contracts also helped, including a German pension agency framework deal and a Turks and Caicos tax platform.
The move was very big for cBrain, rare in the past year.
+15.43% market −0.03% cBrain rose on higher 2026 guidance. Read →
cBrain rose on higher 2026 guidance.
The company raised its full-year revenue growth forecast to 12-16% and its earnings margin forecast to 24-27%, citing a return to growth.
Over the last five trading days, cBrain rose very sharply, far more than OMX Copenhagen 25.
The move was very big for cBrain, with trading well above its usual level.
Likely further drivers include the expanding U.S. permitting business and the new partnership with Carahsoft for federal sales.
+0.20% market +1.87% cBrain was roughly unchanged, moving less than a rising market. Read →
cBrain was roughly unchanged, moving less than a rising market.
No company news explains a move that size.
Over the last five trading days, cBrain rose clearly, moving more than the market.
Three contract announcements this week likely supported the gain.
Deutsche Rentenversicherung Bund, cBrain's largest international market, signed a multi-year support agreement on October 27.
−0.78% market +0.22% cBrain fell on a day without much market direction. Read →
cBrain fell on a day without much market direction.
Over the same day, OMX Copenhagen 25 rose slightly, so cBrain moved against the market.
A new F2 tax platform deal for the Turks and Caicos Islands, announced in the session, likely weighed on sentiment, though its effect is uncertain.
Trading volume was well above its usual level, about twice a normal session.
Over the last five trading days, cBrain rose slightly while the market rose sharply, so it lagged.
+8.42% market +0.50% cBrain rose, moving well ahead of the market. Read →
cBrain rose, moving well ahead of the market.
The rise came after it announced a distribution partnership with Carahsoft, which gives US federal agencies easier access to its F2 platform.
Over the last five trading days cBrain rose sharply, and the market also rose.
Investors likely reacted to the news of access to the US market, partly on heavy trading.
+1.71% market +4.94% cBrain rose slightly over the week's five trading days, while the OMX Copenhagen 25 index rose very sharply, so cBrain lagged the market. Read →
cBrain rose slightly over the week's five trading days, while the OMX Copenhagen 25 index rose very sharply, so cBrain lagged the market.
A framework agreement is a long-term contract that sets terms for future orders without guaranteeing specific volumes.
Germany is cBrain's largest international market, so the deal supports that business.
Last session the shares fell slightly, a move of ordinary size for the stock, while the market was roughly flat.
−3.41% market +2.80% cBrain fell, moving against a strongly rising market. Read →
cBrain fell, moving against a strongly rising market.
The stock rose very sharply over the last five trading days, well above a rising OMX Copenhagen 25.
Trading was well above its usual level, about twice a normal session.
+8.36% market +0.57% cBrain rose, well ahead of a slightly higher market. Read →
cBrain rose, well ahead of a slightly higher market.
The deal runs from November 2026 through December 2029.
Germany is cBrain's largest international market, so the deal matters.
Trading was well above normal, which suggests strong investor interest.
+11.46% market −0.63% cBrain rose very sharply, moving well apart from the market, which fell clearly. Read →
cBrain rose very sharply, moving well apart from the market, which fell clearly.
Company news explains it: cBrain set up a U.S. subsidiary, a permanent U.S. office for government contracts.
Over the last five trading days cBrain rose very sharply while OMX Copenhagen 25 rose slightly.
Such a move was rare, happening about once in the past year.
Trading volume was well above normal.
+19.90% market +0.86% cBrain rose very sharply over the last five trading days, a much bigger move than the broader Danish market, which rose only slightly. Read →
cBrain rose very sharply over the last five trading days, a much bigger move than the broader Danish market, which rose only slightly.
A move this large has been rare for the stock in the past year.
The clearest company news was the establishment of a U.S. subsidiary, a local company set up to win American government work, plus its registration to bid for federal contracts, which likely supported sentiment.
The stock's latest close sits well below its high of last year and well above its low from June, so it has not yet recovered its earlier peak.
+6.96% market +1.87% cBrain rose very sharply, moving well apart from the market. Read →
cBrain rose very sharply, moving well apart from the market.
No company news explains it.
Over the last five trading days it rose sharply, about three times a normal five-day stretch for the stock.
Trading was heavy, well above its usual level, which suggests strong buying interest.
The market was also strong, so part of the move may reflect a broad rally in Copenhagen stocks.
+6.57% market +0.79% cBrain rose very sharply, with no company news behind the move. cBrain has had no company news in the past two weeks, so the jump cannot be tied to a specific announcement. Read →
cBrain rose very sharply, with no company news behind the move. cBrain has had no company news in the past two weeks, so the jump cannot be tied to a specific announcement.
The broader Copenhagen market, measured by OMX Copenhagen 25, also rose clearly that session, so part of the gain likely reflects a general upswing in Danish stocks.
Over the full five trading days cBrain rose sharply and outpaced the index, which suggests investors were also responding to optimism around technology names.
Moves this large in a smaller software company often reflect thin trading and shifting sentiment rather than new fundamentals.
+8.50% market +2.21% cBrain rose sharply over the last five trading days, moving noticeably more than the broader market, which also rose clearly. Read →
cBrain rose sharply over the last five trading days, moving noticeably more than the broader market, which also rose clearly.
The company has had no company news in this period, so there is no specific event to point to.
The move more likely reflects general buying in Danish technology shares and the wider market's upward trend, with cBrain's relatively small size often amplifying such swings.
Learn more · Why do stocks go up and down?