Why HMS Networks stock moves
HMS Networks rose on Friday, moving against a falling market.
Written after the close on ·
Why today
15,984 news analyzed todayHMS Networks rose on Friday, moving against a falling market.
Over the last five trading days it fell clearly, while the broad Stockholm market was roughly flat.
The main likely reason for the rise is a fresh analyst note that raised its price target, the share price it sees as fair, by about a quarter.
Trading volume was roughly double a normal session, so more shares changed hands than usual.
The share price remains well below its high from late May but well above its low from late January.
Today's move of +2.13% was 1.7 times a normal day's 1.3%. OMX Stockholm 30 moved −1.01% on the same day.
HMS Networks +2.13%OMX Stockholm 30 −1.01%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for HMS Networks.
HMS Networks earned more than expected in 6 out of 8 reports.
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 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 470.20 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 4.10 SEK (January 28). For the current fiscal year, expected earnings per share changed from 15.10 SEK three months ago to 14.66 SEK now. 2026 estimate: 14.66 SEK. 2027 estimate: 18.49 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. October 22: Buy about 18 thousand SEK. August 26: Buy about 1.0 m SEK. July 15: Buy about 32 thousand SEK. July 15: Buy about 18 thousand SEK. July 15: Buy about 30 thousand SEK.
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 −3% and earnings per share +36%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 23.6 bn SEKRevenue 2025: 3.6 bn SEK
What the key figures say about HMS Networks
The figures connect what HMS Networks 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: 6.34 SEK–12.19 SEK. Peers: Applied Optoelectronics -$0.38, Hexatronic Group 1.61 SEK, Ericsson 5.81 SEK. 2026 estimate: 14.66 SEK (13.30 SEK–15.72 SEK). 2027 estimate: 18.49 SEK (17.48 SEK–19.20 SEK).
What the company sold during the year.
2022–2025: 2.5 bn SEK–3.6 bn SEK. Peers: Applied Optoelectronics $747M, Hexatronic Group 8.3 bn SEK, Ericsson 230.8 bn SEK. 2026 estimate: 4.1 bn SEK (4.1 bn SEK–4.1 bn SEK). 2027 estimate: 4.6 bn SEK (4.6 bn SEK–4.8 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 18.9%–25.8%. Peers: Applied Optoelectronics −10.6%, Hexatronic Group 8.0%, Ericsson 8.6%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 8.8%–31.5%. Peers: Applied Optoelectronics −2.3%, Hexatronic Group 8.1%, Ericsson 18.1%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 31.3–68.4. Peers: Hexatronic Group 22.6, Ericsson 17.6. 2026 estimate: 32.1. 2027 estimate: 25.4.
What investors pay for each unit the company sells.
2022–2025: 5.88–7.67. Peers: Applied Optoelectronics 6.09, Hexatronic Group 0.97, Ericsson 1.43. 2026 estimate: 5.79. 2027 estimate: 5.09.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 SEK–4.40 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.0%–1.0%. Peers: Applied Optoelectronics 0.0%, Hexatronic Group 0.0%, Ericsson 2.9%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.17–4.38. Peers: Hexatronic Group 2.31, Ericsson -0.36.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 6.05–12.01. Peers: Applied Optoelectronics 2.01, Hexatronic Group 1.66, Ericsson 3.01.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 25.4–51.3.
Cash left after investments, divided by the number of shares.
2022–2025: 7.46 SEK–14.83 SEK. Peers: Applied Optoelectronics -$6.62, Hexatronic Group 3.03 SEK, Ericsson 8.63 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 46.7%–64.2%.
The dividend explained
A dividend is money paid to shareholders. HMS Networks paid 4.80 SEK per share in the twelve months through November 6, 2026.
On the ex-dividend day, April 24, 2026, HMS Networks traded without the right to the 4.80 SEK dividend. The price went from 520.00 SEK to 540.50 SEK; including the dividend, the day's change was +4.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 1.00 SEK2018: 1.50 SEK2019: 1.80 SEK2020: 0.00 SEK2021: 2.00 SEK2022: 3.00 SEK2023: 4.00 SEK2024: 4.40 SEK2025: 0.00 SEK2026 so far: 4.80 SEK
What followed similar falls?
Including reinvested dividends, HMS Networks fell 3.6% 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 38 out of 76 non-overlapping periods. The median was +0.5%, against +1.6% for an ordinary 21-day period, which ended higher 55 times in 100.
Such a fall has not said much about the next month.
+0.5% · 38/76
What to watch next, and why
The earnings report shows how HMS Networks's revenue and profit have changed.
- Earnings report
The earnings report shows how HMS Networks's revenue and profit have changed.
Add to calendar
More about HMS Networks
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Richard Skog, senior executiveBuyabout 18 thousand SEK
- Henrik Elmin, board memberBuyabout 1.0 m SEK
- Bartek Stelmasiak Candell, senior executiveBuyabout 32 thousand SEK
- Richard Skog, senior executiveBuyabout 18 thousand SEK
- Joakim Nideborn, senior executiveBuyabout 30 thousand SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days HMS Networks usually moved about 7.8%. On a normal day it moves 1.3%.
−7.58% Why? −1.27% +8.88% +6.95%
10,000 SEK in HMS Networks bought on November 7, 2016 is worth 75,100 SEK today, with dividends reinvested.
What would 10,000 SEK in HMS Networks be worth today? →
What would 10,000 SEK in HMS Networks be worth today?
75,100 SEK
with dividends reinvested, bought on November 7, 2016.
The five biggest days of the journey
· +17.1% · the whole market rose 1.2% the same day · report day
· −14.9% · the whole market fell 2.2% the same day
· +14.3% · the whole market fell 0.6% the same day · report day
· −14.3% · the whole market fell 0.6% the same day · report day
· −13.7% · the whole market rose 0.9% the same day · report day
Earlier days
−3.61% market −0.11% HMS Networks fell clearly over the week, while the broader Stockholm market stayed roughly flat. Read →
HMS Networks fell clearly over the week, while the broader Stockholm market stayed roughly flat.
The drop came as the wider Technology sector also sold off, with its typical stock falling sharply that week.
Trading volume was about twice its usual level, so the selling drew heavy activity.
The next earnings report is Thursday 28 January 2027.
−2.83% market −0.32% HMS Networks fell sharply without company news. Read →
HMS Networks fell sharply without company news.
HMS Networks fell sharply over the last five trading days, while OMX Stockholm 30 rose slightly.
In the last session it fell more than the market, which dipped slightly.
No company news explains that session's move.
Trading was well above its usual level.
−3.54% market +0.83% HMS Networks fell sharply without a company-news explanation. Read →
HMS Networks fell sharply without a company-news explanation.
Over the same day OMX Stockholm 30 rose clearly, so it moved against the market.
Trading was about twice a normal day, a heavy session.
Over the last five trading days it fell clearly while the market rose slightly.
The only recent company news was a vehicle communication event held last week, which is unlikely to have moved the price.
−0.08% market −0.08% HMS Networks was roughly unchanged, in line with the market. Read →
HMS Networks was roughly unchanged, in line with the market.
No company news explains it.
Over the last five trading days the stock fell slightly while the OMX Stockholm 30 rose slightly.
The next earnings report is due Thursday 28 January 2027.
+0.78% market +0.48% HMS Networks rose with the market. Read →
HMS Networks rose with the market.
HMS Networks rose slightly in the last trading day, a small move in line with its usual daily range.
Over the last five trading days the shares were roughly unchanged, while the OMX Stockholm 30 index rose clearly, so the stock lagged the market.
No company news from the last session explains the move, so the cause is most likely ordinary trading rather than a specific event.
Earlier news included an event for vehicle communication engineers and the Q3 results presentation, both dated before the last session.
−0.97% market −0.29% HMS Networks slipped, within its usual daily range. Read →
HMS Networks slipped, within its usual daily range.
The shares fell slightly as the OMX Stockholm 30 also dipped, so the move matched the market.
No company news explains the move on that trading day.
Over the last five trading days the shares rose slightly while the market rose clearly, so the stock lagged.
The next earnings report is due on Thursday 28 January 2027.
+1.88% market +3.01% HMS Networks rose slightly over the week, less than the broader market, which rose clearly. Read →
HMS Networks rose slightly over the week, less than the broader market, which rose clearly.
Strong third-quarter order intake and passing SEK 1 billion in quarterly sales were big positives, but earnings missed expectations.
The move was ordinary in size, trading was well below its usual level, and the share stayed well above its lowest close of the past year.
The next report comes on Thursday 28 January 2027.
−0.24% market +0.33% HMS Networks held steady. Read →
HMS Networks held steady.
The stock was roughly unchanged while OMX Stockholm 30 rose slightly.
No company news explains the move, and trading volume was well below its usual level.
Over the last five trading days the stock fell slightly while the market rose slightly.
Earlier, strong third-quarter orders and sales above SEK 1 billion lifted the outlook, but profit missed expectations, and analysts trimmed price targets, which weighed on sentiment.
+3.26% market +1.57% HMS Networks rose, moving well ahead of the market. Read →
HMS Networks rose, moving well ahead of the market.
Company news from that day does not clearly explain the move.
Over the last five trading days the shares fell very sharply, a much bigger drop than the market's slight fall.
The shares sit well below their high of late May and well above their low of late January.
Short positions, which are bets that the price will fall, rose to 0.75% of shares, though that does not explain the rise.
−14.12% market −3.67% HMS Networks fell very sharply over the last five trading days, clearly more than the broader market, which also fell. Read →
HMS Networks fell very sharply over the last five trading days, clearly more than the broader market, which also fell.
The main driver was its quarterly report on Wednesday: sales passed SEK 1 billion for the first time, and order intake grew strongly, but earnings came in below what analysts expected.
Management also warned that gross margin, the share of sales left after production costs, may come under pressure into 2027.
Several analysts, including Nordea and DNB Carnegie, trimmed their target prices, the share prices they see as fair, while keeping positive ratings.
−4.80% market −2.51% HMS Networks fell sharply; earnings miss and analyst cuts. Read →
HMS Networks fell sharply; earnings miss and analyst cuts.
HMS Networks fell very sharply in the last session, clearly more than the OMX Stockholm 30 index, which also fell sharply.
Trading was about four times its usual level, and the move was rare for this stock.
Yesterday's third-quarter report beat on sales and order intake, but earnings missed expectations, and management warned that gross margin, the share of sales left after production costs, may come under pressure into 2027.
Several analysts then cut their price targets, the share prices they see as fair, while keeping positive ratings.
−7.58% market +0.17% HMS Networks fell very sharply, with no market-wide cause. Read →
HMS Networks fell very sharply, with no market-wide cause.
Trading was about eleven times its usual volume.
Its quarterly report came out that day and earnings missed expectations, so the report is the most likely reason.
The market was roughly flat that session, so the drop was company-specific.
Over the last five trading days the shares fell very sharply, far more than the OMX Stockholm 30, which fell only slightly.
Learn more · Why do stocks go up and down?