Why I-tech stock moves
I-tech rose very sharply without company news.
Written after the close on ·
Why today
16,415 news analyzed todayI-tech rose very sharply without company news.
I-tech rose clearly over the last five trading days, while the market was roughly flat.
The stock sits well below its one-year high and well above its one-year low.
The likely driver is trading in a stock that has been pulled back by the EU vote on Selektope, a marine antifouling paint ingredient.
Trading volume was well below its usual level, which can make prices jump on small orders.
Today's move of +5.36% was 3.7 times a normal day's 1.4%. OMX Stockholm 30 moved −1.01% on the same day.
I-tech +5.36%OMX Stockholm 30 −1.01%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for I-tech.
I-tech earned more than expected in 3 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.
Price targets
Latest price 62.90 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 0.93 SEK (February 4). For the current fiscal year, expected earnings per share changed from 3.83 SEK three months ago to 4.79 SEK now. 2026 estimate: 4.79 SEK. 2027 estimate: 5.96 SEK. One analyst made the estimate for the quarter. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. June 3: Buy about 102 thousand SEK. March 13: Buy about 500 thousand SEK. March 11: Buy about 138 thousand SEK. March 10: Buy about 6 thousand SEK. March 3: Buy about 446 thousand SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −10% and earnings per share −15%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.m SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capm SEK
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): 755 m SEKRevenue 2025: 168 m SEK
What the key figures say about I-tech
The figures connect what I-tech 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: 0.89 SEK–3.30 SEK. Peers: Exel Composites 0.39 EUR, Hove 0.81 DKK, Nexam Chemical Holding -0.16 SEK. 2026 estimate: 4.79 SEK (4.60 SEK–4.99 SEK). 2027 estimate: 5.96 SEK (5.30 SEK–6.62 SEK).
What the company sold during the year.
2022–2025: 83.6 m SEK–179 m SEK. Peers: Exel Composites 132 m EUR, Hove 251 m DKK, Nexam Chemical Holding 189 m SEK. 2026 estimate: 212 m SEK (211 m SEK–214 m SEK). 2027 estimate: 258 m SEK (250 m SEK–267 m SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 12.1%–24.1%. Peers: Exel Composites 1.1%, Hove 10.6%, Nexam Chemical Holding −8.5%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 9.1%–24.8%. Peers: Hove 23.1%, Nexam Chemical Holding −9.8%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 17.6–60.3. Peers: Exel Composites 40.0, Hove 8.7. 2026 estimate: 13.1. 2027 estimate: 10.6.
What investors pay for each unit the company sells.
2022–2025: 3.73–7.66. Peers: Exel Composites 0.83, Hove 0.71, Nexam Chemical Holding 1.36. 2026 estimate: 3.55. 2027 estimate: 2.92.
Money paid to shareholders per share, summed by calendar year.
2024–2025: 1.50 SEK–1.75 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.0%–3.4%. Peers: Exel Composites 0.0%, Hove 0.0%, Nexam Chemical Holding 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -2.49–-2.35. Peers: Hove 0.21.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 3.59–5.52. Peers: Exel Composites 3.93, Hove 1.85, Nexam Chemical Holding 1.26.
Cash left after investments, divided by the number of shares.
2022–2025: 1.68 SEK–5.38 SEK. Peers: Hove 0.25 DKK, Nexam Chemical Holding -0.14 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 89.4%–92.5%.
The dividend explained
A dividend is money paid to shareholders. I-tech paid 1.25 SEK per share in the twelve months through November 6, 2026.
On the ex-dividend day, May 22, 2026, I-tech traded without the right to the 1.25 SEK dividend. The price went from 64.90 SEK to 64.80 SEK; including the dividend, the day's change was +1.8%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2024: 1.50 SEK2025: 1.75 SEK2026 so far: 1.25 SEK
What to watch next, and why
The earnings report shows how I-tech's revenue and profit have changed.
- Earnings report
The earnings report shows how I-tech's revenue and profit have changed.
Add to calendar
More about I-tech
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Anette Orsten, board memberBuyabout 102 thousand SEK
- Markus Jönsson, CEOBuyabout 500 thousand SEK
- Per Svensson, senior executiveBuyabout 138 thousand SEK
- Per Svensson, senior executiveBuyabout 6 thousand SEK
- Markus Jönsson, CEOBuyabout 446 thousand SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 16 report days I-tech usually moved about 9.1%. On a normal day it moves 1.4%.
−10.22% Why? +5.11% +3.17% −16.67%
10,000 SEK in I-tech bought on May 28, 2018 is worth 27,300 SEK today, with dividends reinvested.
The same amount in OMX Stockholm 30 with dividends would have become 24,900 SEK.
What would 10,000 SEK in I-tech be worth today? →
What would 10,000 SEK in I-tech be worth today?
27,300 SEK
with dividends reinvested, bought on May 28, 2018. The same amount in OMX Stockholm 30 with dividends would have become 24,900 SEK.
The five biggest days of the journey
· −48.9% · the whole market fell 1.7% the same day
· −28.4% · the whole market rose 1.6% the same day · report day
· +24.9% · the whole market fell 0.9% the same day
· +23.8% · the whole market was unchanged the same day · report day
· +23.4% · the whole market rose 1.4% the same day · report day
Earlier days
+6.07% market −0.11% I-tech rose clearly over the week while the Stockholm market was roughly flat. Read →
I-tech rose clearly over the week while the Stockholm market was roughly flat.
Trading was thin and the move was big for the stock.
The main news came on Tuesday 3 November, when EU member states voted against renewing approval for its Selektope antifouling product, which the company said was in line with what it had expected.
I-tech said the impact would be limited, as the EU accounts for only a small part of its sales and most of the global shipping fleet can still use it.
−6.86% market −0.32% I-tech fell, far more than the market. Read →
I-tech fell, far more than the market.
The most likely reason is the EU vote against renewing approval for its Selektope antifouling product, but that vote was known before the session opened.
Over the last five trading days I-tech rose slightly while OMX Stockholm 30 also rose slightly.
The company said the EU decision is limited to the EU and that about 95 percent of the global fleet can keep using Selektope paint.
+0.16% market +0.83% I-tech was roughly unchanged. Read →
I-tech was roughly unchanged.
It moved less than the market.
The EU countries voted against renewing Selektope's approval, which the company had expected.
This news was known before the session opened, so it is not the reason for the session's move.
Over the last five trading days I-tech rose sharply, more than the market's slight gain.
+6.49% market −0.08% I-tech rose, unlike the market, which was roughly flat. Read →
I-tech rose, unlike the market, which was roughly flat.
EU member states voted to not renew Selektope's approval, a decision that was expected and mostly limited to the EU.
Over five trading days the stock rose sharply, a big move for it.
Next, the formal EU decision process must still be completed.
+1.02% market −0.29% I-tech rose, moving against a market that fell slightly. Read →
I-tech rose, moving against a market that fell slightly.
No company news from that session explains the move.
Over the last five trading days I-tech rose sharply and clearly outpaced the OMX Stockholm 30.
Its latest close sits well below its high from late August and well above its low from early February.
Trading volume was well below its usual level.
+7.62% market +3.01% I-tech rose sharply over the week, a big move for the stock and clearly stronger than the Stockholm market. Read →
I-tech rose sharply over the week, a big move for the stock and clearly stronger than the Stockholm market.
The main news was the company's plan to grow in China and widen its business beyond its core product.
Its latest session was a slight rise against a slightly weaker market.
Its next earnings report is due on 4 February 2027.
−1.01% market +0.33% I-tech fell, moving against a market that rose slightly. Read →
I-tech fell, moving against a market that rose slightly.
No company news explains the move in that session.
Over the last five trading days I-tech rose slightly, more than OMX Stockholm 30 did.
The move was an ordinary one for I-tech, within its usual daily range.
Earlier news included a Redeye research update and ABG's view that order timing weighed on results while growth stayed intact.
+5.49% market +0.96% I-tech rose very sharply without a company-news explanation. Read →
I-tech rose very sharply without a company-news explanation.
Over the last five trading days it rose clearly while OMX Stockholm 30 was roughly flat.
The move was very big for I-tech, about four times a normal day, though it traded at its usual volume.
No company news explains the session's move.
Earlier news included an analyst research update and comments about growing into a broader marine technology company, both before the session.
+0.00% market +0.41% I-tech held steady without a company-news explanation. Read →
I-tech held steady without a company-news explanation.
Over the last five trading days it fell very sharply, clearly more than the OMX Stockholm 30, which fell sharply.
Likely reasons include the weak reception of its latest quarter, where earnings missed expectations, and heavy trading around that report.
The next earnings report is on Thursday 4 February 2027.
−15.23% market −3.67% I-tech fell very sharply over the last five trading days, more than the broader market, which also fell sharply. Read →
I-tech fell very sharply over the last five trading days, more than the broader market, which also fell sharply.
Shares slid early in the week, with no company news explaining the drop on those days.
The stock now sits well below its high from late August.
The company's Q3 report, published last week, showed strong sales growth and steady profit, but earnings missed expectations, and investors reacted to that.
−3.84% market −2.51% I-tech fell sharply; no company news explains it. Read →
I-tech fell sharply; no company news explains it.
I-tech fell more than the market, which also fell sharply that session.
Over the last five trading days I-tech fell very sharply, a very big move for this stock.
Trading was heavier than usual, and the most likely driver is the earlier Q3 report, which missed expectations, plus EU regulatory worries.
The next event to watch is the earnings report on Thursday 4 February 2027.
−0.52% market +0.17% I-Tech stock moved little, without company news explaining it. Read →
I-Tech stock moved little, without company news explaining it.
I-Tech was roughly flat, in line with OMX Stockholm 30, which was also roughly unchanged.
Trading volume was well above its usual level, about twice a normal session.
Over the last five trading days, I-Tech fell very sharply, much more than the market's slight decline.
The Q3 report last week showed 19% sales growth, but earnings missed expectations, which likely weighed on the shares.
−6.65% market −0.89% I-tech fell sharply; no company news explains it. Read →
I-tech fell sharply; no company news explains it.
I-tech fell very sharply in the last session, while OMX Stockholm 30 fell clearly, so it moved far more than the market.
Trading volume was well above its usual level.
Over the last five trading days I-tech fell very sharply, against a slight fall in the market.
−5.08% market −0.89% I-Tech fell sharply, more than the market. Read →
I-Tech fell sharply, more than the market.
Over the last five trading days the shares fell sharply while the market was roughly flat, a very large move for the stock.
Trading was far heavier than usual, which often means investors were repositioning.
Earlier, the company reported third-quarter sales up 19% and operating profit up about 20%, but earnings missed expectations, which may have weighed on the shares.
An analyst at ABG said order timing weighs on growth while growth stays intact.
−10.22% market +1.25% I-Tech fell very sharply, while the broader market rose clearly. Read →
I-Tech fell very sharply, while the broader market rose clearly.
The most likely driver is the Q3 2026 interim report published that day: sales and profit grew strongly, yet the stock dropped about 10%, suggesting the market reacted to weaker parts of the picture, such as technology costs that analysts flagged as weighing on earnings.
Operating cash flow, meaning the cash the core business generates, also fell sharply compared with a year earlier, which likely added to the selling.
Investors are now looking ahead to the presentation of the quarter by the CEO and a Q&A at 13:00 on 16 October, where management may clarify costs and cash generation.
−6.88% market +1.19% I-tech fell sharply over the last five trading days, moving against a market that rose slightly over the same stretch. Read →
I-tech fell sharply over the last five trading days, moving against a market that rose slightly over the same stretch.
The main driver was today's third-quarter report: sales grew about 19% and profit rose, but earnings missed expectations, and the shares dropped very sharply on the day, a move several times a normal session.
Analysts had flagged rising technology costs as a weight on margins, which likely added to the selling.
Looking ahead, the company's live presentation of the quarter on 16 October is the next thing to watch.
+2.29% market −0.02% I-tech rose clearly, outpacing a roughly flat market, and the news does not explain it. Read →
I-tech rose clearly, outpacing a roughly flat market, and the news does not explain it.
Over the last five trading days it rose clearly while OMX Stockholm 30 rose only slightly, so the move was stronger than the market's over the week.
The only news from the last session concerns property space for rent in Iskandar Puteri, Malaysia, which is a routine real estate listing and unlikely to move a company's share price.
The more relevant item is an analyst note from the day before the session that expects broad-based growth, which may have improved sentiment and partly driven buying.
+0.72% market +0.21% I-tech rose slightly, helped by a broker's broad-based growth call. Read →
I-tech rose slightly, helped by a broker's broad-based growth call.
Over the last five trading days the shares fell clearly, even though the Stockholm market was roughly flat, so the decline was specific to the company rather than the wider market.
The sector, basic materials, is sensitive to industrial demand and commodity prices, so a soft patch there could also have weighed.
What to watch next is whether the broad-based growth expectation is confirmed by the next report.
−0.43% market +0.36% I-tech roughly unchanged, with no clear company news. Read →
I-tech roughly unchanged, with no clear company news.
Over the last five trading days I-tech fell slightly, moving against a roughly unchanged OMX Stockholm 30, so the drift lower looks mostly like weak demand for a small basic-materials share rather than anything company-specific.
The only fresh items around the stock were property listings for a factory and warehouse in Iskandar Puteri, Johor, which are unlikely to have driven the price.
Watch whether any company announcement or sector news emerges next.
Learn more · Why do stocks go up and down?