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Why New Wave Group stock moves

New Wave Group fell sharply.

Written after the close on ·

Updated 08:00 with news that came after the close

Earnings report

Next report: November 11. On its last 15 report days New Wave Group usually moved about 8.2%. On a normal day it moves 0.9%.

August 20, 2026: +0.05%April 23, 2026: −2.76%February 5, 2026: −5.54%November 6, 2025: +2.68%

Why today

17,604 news analyzed today

New Wave Group fell sharply.

Over the last five trading days it fell slightly while the market was roughly flat.

Trading was around its usual level, so unusual volume did not drive the move.

Today's move of −1.76% was 2.0 times a normal day's 0.9%. OMX Stockholm 30 moved −1.01% on the same day.

New Wave Group −1.76%OMX Stockholm 30 −1.01%A little weaker than the market

Earlier days →

See the chart in ChartCompass, with every move explained →

What analysts expect, and how often they have been right

Analysts’ estimates for New Wave Group.

New Wave Group earned more than expected in 3 out of 8 reports.

Not in the chart because no estimate and result are available: 1 of the 9 reports in this period, the latest on August 20, 2026.

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 5 out of 7 reports with a measured move, against about 63% of reports from Nordic companies.

Ratings

Now
Buy 2Hold 2Sell 0
3 months ago
Buy 2Hold 3Sell 0

A rating is the analyst’s own opinion about the share.

Price targets

Latest price 100.60 SEK

Price targets
Low 103Average 113High 130

The average target is 113.25 SEK, +13% relative to the latest price of 100.60 SEK. The range is 103.00 SEK–130.00 SEK. A target is the analyst’s estimate of a future share price. 4 analysts gave a target.

Earnings against expectations, and the share’s reaction

Earnings against expectations, and the share’s reaction0.71.21.82.32.92024-08-15: 1.59; Expected EPS: 1.6515/8’24+4.5%2024-11-07: 1.54; Expected EPS: 1.947/11’24−9.4%2025-02-06: 2.60; Expected EPS: 2.406/2’25+7.0%2025-04-24: 1.09; Expected EPS: 0.9624/4’25+16.8%2025-08-14: 1.26; Expected EPS: 1.6514/8’25−10.4%2025-11-07: 1.25; Expected EPS: 1.337/11’25—2026-02-05: 2.31; Expected EPS: 2.635/2’26−5.5%2026-04-23: 0.97; Expected EPS: 0.9523/4’26−2.8%Next reported quarter: expected earnings per share of 1.77.→11/11

Expected EPSAbove estimateBelow estimateAs expectedSEK

Percentages below show the share’s report-day move; labels are report dates.

Next reported quarter: expected earnings per share of 1.77 SEK (November 11). For the current fiscal year, expected earnings per share changed from 7.31 SEK three months ago to 6.82 SEK now. 2026 estimate: 6.82 SEK. 2027 estimate: 8.72 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. September 16: Buy about 30 m 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 +18% and earnings per share −11%.

Revenue, profit and market cap

Revenue, profit and market cap (bn SEK)0611172022: 8.842022: 1.1720222023: 9.512023: 1.1220232024: 9.532024: 0.8820242025: 10.022025: 0.782025Now2026: 11.2420262027: 12.7920272022: 13.69142023: 13.52142024: 12.89132025: 15.2115Now: 13.3513

RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK

Market cap is 1.3 times 2025 revenue, against 1.5 in 2022. Profit in 2025: 783 m SEK.

Assets, liabilities and market cap

Assets, liabilities and market cap (bn SEK)0611172022: 10.942022: 5.0520222023: 10.742023: 4.2820232024: 11.332024: 4.1120242025: 12.882025: 6.062025Now2022: 13.69142023: 13.52142024: 12.89132025: 15.2115Now: 13.3513

AssetsLiabilitiesMarket capbn SEK

Assets minus liabilities leave 6.8 bn SEK for shareholders. Market cap is 2.0 times that equity.

Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 13.3 bn SEKRevenue 2025: 10.0 bn SEK

What the key figures say about New Wave Group

The figures connect what New Wave Group earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share6.15 SEK
NowEarnings per share2022: 8.81222023: 8.43232024: 6.63242025: 5.90252026: 6.82262027: 8.72272022: 103.202023: 101.882024: 97.152025: 114.60

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: 5.90 SEK–8.81 SEK. Peers: Clas Ohlson 18.70 SEK, GameStop $1.52, Bokusgruppen 5.23 SEK. 2026 estimate: 6.82 SEK (6.54 SEK–7.24 SEK). 2027 estimate: 8.72 SEK (7.77 SEK–9.60 SEK).

Revenue10.5 bn SEK
NowRevenue2022: 8,843,600,000.00222023: 9,512,900,000.00232024: 9,529,000,000.00242025: 10,019,000,000.00252026: 11,237,250,000.00262027: 12,786,000,000.00272022: 103.202023: 101.882024: 97.152025: 114.60

What the company sold during the year.

2022–2025: 8.8 bn SEK–10.0 bn SEK. Peers: Clas Ohlson 13.0 bn SEK, GameStop $3.6B, Bokusgruppen 2.2 bn SEK. 2026 estimate: 11.2 bn SEK (11.1 bn SEK–11.4 bn SEK). 2027 estimate: 12.8 bn SEK (12.4 bn SEK–13.5 bn SEK).

Operating margin10.8%
2025Operating margin2022: 16.10222023: 15.86232024: 12.74242025: 10.76252022: 103.202023: 101.882024: 97.152025: 114.60

The percentage of revenue left after the costs of running the business.

2022–2025: 10.8%–16.1%. Peers: Clas Ohlson 12.7%, GameStop 13.9%, Bokusgruppen 5.2%.

Return on equity11.8%
NowReturn on equity2022: 19.85222023: 17.32232024: 12.20242025: 11.47252022: 103.202023: 101.882024: 97.152025: 114.60

Profit as a percentage of shareholders’ money in the company.

2022–2025: 11.5%–19.8%. Peers: Clas Ohlson 41.3%, GameStop 15.8%, Bokusgruppen 14.8%.

P/E16.4
NowP/E2022: 11.71222023: 12.09232024: 14.65242025: 19.42252026: 14.76262027: 11.5427

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 11.7–19.4. Peers: Clas Ohlson 28.8, GameStop 16.5, Bokusgruppen 14.2. 2026 estimate: 14.8. 2027 estimate: 11.5.

Market cap per unit of revenue (P/S)1.27
NowMarket cap per unit of revenue (P/S)2022: 1.55222023: 1.42232024: 1.35242025: 1.52252026: 1.19262027: 1.0427

What investors pay for each unit the company sells.

2022–2025: 1.35–1.55. Peers: Clas Ohlson 2.64, GameStop 3.57, Bokusgruppen 0.55. 2026 estimate: 1.19. 2027 estimate: 1.04.

Dividend per share3.25 SEK
NowDividend per share2017: 0.68172018: 0.85182019: 1.00192020: 0.00202021: 2.00212022: 2.12222023: 4.87232024: 3.50242025: 3.5025

Money paid to shareholders per share, summed by calendar year.

2017–2025: 0.00 SEK–4.87 SEK.

Dividend yield3.0%
NowDividend yield2022: 2.06222023: 4.78232024: 3.60242025: 3.0525

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 2.1%–4.8%. Peers: Clas Ohlson 1.7%, GameStop 0.0%, Bokusgruppen 5.4%.

Net debt / EBITDA2.71
NowNet debt / EBITDA2022: 1.32222023: 1.10232024: 1.14242025: 2.0925

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 1.10–2.09. Peers: Clas Ohlson -0.19, GameStop -1.44, Bokusgruppen 3.48.

More key figures
Market cap / equity (P/B)1.91
NowMarket cap / equity (P/B)2022: 2.33222023: 2.09232024: 1.79242025: 2.2325

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 1.79–2.33. Peers: Clas Ohlson 9.80, GameStop 1.84, Bokusgruppen 2.03.

EV / EBIT16.0
2025EV / EBIT2022: 10.66222023: 9.87232024: 11.58242025: 15.9725

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 9.9–16.0.

Free cash flow per share0.07 SEK
2025Free cash flow per share2022: -3.72222023: 5.49232024: 7.30242025: 0.07252022: 103.202023: 101.882024: 97.152025: 114.60

Cash left after investments, divided by the number of shares.

2022–2025: -3.72 SEK–7.30 SEK. Peers: Clas Ohlson 31.42 SEK, GameStop $1.36, Bokusgruppen 13.79 SEK.

Equity ratio53.0%
2025Equity ratio2022: 53.82222023: 60.15232024: 63.71242025: 52.9725

The percentage of assets financed by shareholders’ equity.

2022–2025: 53.0%–63.7%.

The dividend explained

A dividend is money paid to shareholders. New Wave Group paid 3.25 SEK per share in the twelve months through November 6, 2026.

On the ex-dividend day, May 15, 2026, New Wave Group traded without the right to the 1.50 SEK dividend. The price went from 97.20 SEK to 96.10 SEK; including the dividend, the day's change was +0.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.

2017: 0.68 SEK2018: 0.85 SEK2019: 1.00 SEK2020: 0.00 SEK2021: 2.00 SEK2022: 2.12 SEK2023: 4.87 SEK2024: 3.50 SEK2025: 3.50 SEK2026 so far: 1.50 SEK

What to watch next, and why

The earnings report shows how New Wave Group's revenue and profit have changed.

  • Earnings report

    The earnings report shows how New Wave Group's revenue and profit have changed.

    Add to calendar
  • The dividend explained

    From the ex-day, New Wave Group trades without entitlement to the next dividend.

More about New Wave Group

Insider trades

People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.

  • Torsten Jansson, CEO (closely associated)Buyabout 30 m SEK

Earnings report

Next report: · Add to calendar · Google Calendar

Report day8.2%

Normal day0.9%

On its last 15 report days New Wave Group usually moved about 8.2%. On a normal day it moves 0.9%.

+0.05% −2.76% −5.54% +2.68%

10,000 SEK in New Wave Group bought on November 7, 2016 is worth 55,700 SEK today, with dividends reinvested.

What would 10,000 SEK in New Wave Group be worth today? →

What would 10,000 SEK in New Wave Group be worth today?

55,700 SEK

with dividends reinvested, bought on November 7, 2016.

At worst it was worth 5,330 SEK (March 27, 2020).

The five biggest days of the journey

· −20.2% · the whole market fell 2.6% the same day

· +18.4% · the whole market fell 0.8% the same day

· −16.8% · the whole market fell 1.5% the same day · report day

· +16.8% · the whole market rose 0.3% the same day · report day

· +14.8% · the whole market rose 0.1% the same day · report day

Earlier days

  • −0.98% market −0.11% New Wave Group fell slightly over the week, while the broader Stockholm market was roughly flat. Read →

    New Wave Group fell slightly over the week, while the broader Stockholm market was roughly flat.

    The last session saw a sharper drop, and the stock fell more than the market that day.

    Trading was around its usual level, so no unusual volume stands out.

    The stock remains well below its high from mid-January but far above its low from mid-September.

  • +2.45% market +0.83% New Wave Group rose without a company-news explanation. Read →

    New Wave Group rose without a company-news explanation.

    OMX Stockholm 30 rose clearly, so it moved more than the market.

    Over the last five trading days, the stock rose slightly, in line with the market.

    A likely driver is that the sector rallied, as its peers rose about 2.9% in the same days.

  • +1.40% market −0.29% New Wave Group rose without company news. Read →

    New Wave Group rose without company news.

    The stock rose clearly over the last five trading days, but less than OMX Stockholm 30, which also rose clearly.

    Earlier news, from before the session, included Svolder selling shares and Danske Bank raising its price target, the share price it sees as fair.

    The next earnings report is due 11 November 2026.

  • +1.96% market +3.01% New Wave Group rose clearly over the week, but by less than the broader market, which also rose clearly. Read →

    New Wave Group rose clearly over the week, but by less than the broader market, which also rose clearly.

    Svolder, a major shareholder, sold shares on October 28, cutting its stake to 4.9%, which likely limited the gains.

    The company's next earnings report is due on November 11.

  • +1.86% market +1.57% New Wave rose sharply, lifted by buy recommendations. Read →

    New Wave rose sharply, lifted by buy recommendations.

    New Wave Group on Nasdaq Stockholm rose sharply in the last session, moving in line with the broader market, which also rose clearly.

    Over the last five trading days the share rose slightly, while the OMX Stockholm 30 index fell slightly, so it moved against the market.

    Trading volume was roughly twice its usual level, which points to strong buying interest.

  • +0.25% market +0.41% New Wave Group barely moved, with no company news explaining it. Read →

    New Wave Group barely moved, with no company news explaining it.

    Over the same day OMX Stockholm 30 rose slightly, so New Wave Group moved less than the market.

    Over the last five trading days the stock was roughly flat, while the market fell sharply, so it held up better.

    The move was an ordinary one for New Wave Group, with trading around its usual level.

    The shares sit well above their mid-September low but below their mid-January high.

  • +0.66% market −3.67% New Wave Group was roughly unchanged over the last five trading days, while the broader Stockholm market fell sharply. Read →

    New Wave Group was roughly unchanged over the last five trading days, while the broader Stockholm market fell sharply.

    The shares held up better than the market, which suggests the stock was partly sheltered from the wider sell-off.

    The shares remain well above their lowest close of the past year, though below their highest.

    The next earnings report is due on 11 November, which investors will watch closely.

  • −1.77% market +0.17% New Wave Group fell sharply, with no company news explaining it. Read →

    New Wave Group fell sharply, with no company news explaining it.

    Over the same day, OMX Stockholm 30 was roughly flat, so the drop was stock-specific.

    Trading volume was around its usual level, so the move was not driven by unusually heavy trading.

    The stock rose slightly over the last five trading days, moving against a slightly weaker market.

    Its next earnings report, the quarterly results release, is due on 11 November.

  • +1.81% market −0.89% New Wave Group rose sharply on heavy trading, against a market that fell clearly. Read →

    New Wave Group rose sharply on heavy trading, against a market that fell clearly.

    Its move looks company-specific, but none of the news from that session names a cause for New Wave Group itself.

    Over the same days OMX Stockholm 30 fell clearly, so the rise ran against the broad market.

    Trading volume was about twice a normal session, which suggests fresh buying interest, though the reason is not in the news.

    Over the last five trading days the stock rose sharply while the market fell slightly.

  • +0.87% market +1.25% New Wave Group rose clearly, in line with a strong OMX Stockholm 30, so the move most likely reflects broad market buying rather than one company event. Read →

    New Wave Group rose clearly, in line with a strong OMX Stockholm 30, so the move most likely reflects broad market buying rather than one company event.

    Over the last five trading days the stock rose clearly, more than a slightly higher market, which suggests investors were keener to own it than the index as a whole.

    Cyclical consumer stocks like this usually follow overall market sentiment and expectations for household spending.

    Next, watch the company's report on Wednesday 11 November 2026, which is likely to be the next event to reprice the shares.

  • +3.56% market +1.19% New Wave Group rose clearly over the last five trading days, moving more than the broader Stockholm market, which edged up slightly. Read →

    New Wave Group rose clearly over the last five trading days, moving more than the broader Stockholm market, which edged up slightly.

    The clearest company-specific items were analyst notes earlier in the week and last week's comments favouring the stock, which suggest that investor sentiment and recommendations likely supported the gain, though these came partly before the window.

    Consumer cyclical stocks like this one, which depend on household spending, often move with broader confidence, so the move may partly reflect sector sentiment.

    Watch the next earnings report on 11 November 2026 for confirmation of the trend.

  • +0.15% market −0.62% New Wave Group rose slightly, with no clear company-specific trigger. Read →

    New Wave Group rose slightly, with no clear company-specific trigger.

    Over the last five trading days it rose very sharply, clearly outpacing a moderately higher OMX Stockholm 30.

    The most relevant items in the recent news are mostly unrelated to the company, so the strong weekly run likely reflects investor interest and sentiment rather than a single event.

    Analyst commentary earlier in the week that called the stock a buying opportunity may have added to demand.

    The next earnings report on 11 November 2026 is the main event to watch.

  • +1.71% market −0.02% New Wave Group rose sharply without a clear company-specific trigger. Read →

    New Wave Group rose sharply without a clear company-specific trigger.

    Over the last five trading days New Wave Group rose very sharply, well ahead of OMX Stockholm 30, which edged up slightly.

    In the last session the shares rose clearly while the broader market was roughly flat, so the move was stock-specific rather than market-driven.

    The news flow for the session is dominated by unrelated items that share the words "New Wave" (music, games, fragrances, and similar), which do not concern the company.

    Earlier brokerage commentary, including a reiterated buy rating and a "buying opportunity" note, may have added to investor interest.

Learn more · Why do stocks move on earnings day? · Why do stocks go up and down?

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