Why Nolato stock moves
Nolato rose with the market.
Written after the close on ·
Why today
15,876 news analyzed todayNolato rose with the market.
Over the same days the OMX Stockholm 30 rose clearly, so Nolato lagged the market.
Over the last five trading days Nolato fell very sharply while the market rose slightly, a very big move for the stock.
The likely reason is the third-quarter report published last week, which missed expectations: operating profit (EBITA) fell and its margin narrowed as ramp-up costs rose, and a brokerage cut its price target, the share price it sees as fair.
Next, watch the full-year report due Monday 8 February 2027.
Today's move of +0.39% was 0.5 times a normal day's 0.8%. OMX Stockholm 30 moved +0.83% on the same day.
Nolato +0.39%OMX Stockholm 30 +0.83%In step with the market
What analysts expect, and how often they have been right
Analysts’ estimates for Nolato.
Nolato earned more than expected in 5 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 May 6, 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 8 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 50.90 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 0.80 SEK (February 8). For the current fiscal year, expected earnings per share changed from 2.92 SEK three months ago to 2.84 SEK now. 2026 estimate: 2.84 SEK. 2027 estimate: 3.63 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. July 23: Buy about 48 thousand SEK. July 20: Buy about 477 thousand SEK. July 20: Buy about 323 thousand SEK. June 16: Buy about 15 m SEK. June 12: Buy about 5.7 m 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 +14% and earnings per share +18%.
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: 3 out of 3 years.Market cap (Now): 13.7 bn SEKRevenue 2025: 9.5 bn SEK
What the key figures say about Nolato
The figures connect what Nolato 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: 1.61 SEK–2.88 SEK. Peers: Vitrolife -36.60 SEK, Embla Medical 1.42 DKK, Elekta -0.95 SEK. 2026 estimate: 2.84 SEK (2.73 SEK–2.91 SEK). 2027 estimate: 3.63 SEK (3.45 SEK–3.82 SEK).
What the company sold during the year.
2022–2025: 9.5 bn SEK–10.8 bn SEK. Peers: Vitrolife 3.4 bn SEK, Embla Medical $997M, Elekta 16.6 bn SEK. 2026 estimate: 9.9 bn SEK (9.9 bn SEK–10.0 bn SEK). 2027 estimate: 11.1 bn SEK (10.5 bn SEK–11.6 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 6.9%–10.4%. Peers: Vitrolife −137.9%, Embla Medical 13.6%, Elekta 1.7%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 8.4%–14.0%. Peers: Vitrolife −46.3%, Embla Medical 10.4%, Elekta −4.3%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 21.1–32.9. Peers: Embla Medical 19.7. 2026 estimate: 17.9. 2027 estimate: 14.0.
What investors pay for each unit the company sells.
2022–2025: 1.37–1.76. Peers: Vitrolife 4.63, Elekta 1.40. 2026 estimate: 1.38. 2027 estimate: 1.24.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 SEK–1.90 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 2.4%–3.6%. Peers: Vitrolife 0.9%, Embla Medical 0.0%, Elekta 4.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.57–0.93. Peers: Vitrolife 0.85, Embla Medical 2.62, Elekta 2.45.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 2.54–3.01. Peers: Vitrolife 1.96, Elekta 3.19.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 16.8–22.9.
Cash left after investments, divided by the number of shares.
2022–2025: -0.18 SEK–2.74 SEK. Peers: Vitrolife 4.99 SEK, Embla Medical $0.25, Elekta 4.04 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 53.9%–59.6%.
The dividend explained
A dividend is money paid to shareholders. Nolato paid 1.70 SEK per share in the twelve months through November 4, 2026.
On the ex-dividend day, May 7, 2026, Nolato traded without the right to the 1.70 SEK dividend. The price went from 50.30 SEK to 49.55 SEK; including the dividend, the day's change was +1.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 1.05 SEK2018: 1.25 SEK2019: 1.40 SEK2020: 0.00 SEK2021: 1.60 SEK2022: 1.90 SEK2023: 1.90 SEK2024: 1.50 SEK2025: 1.50 SEK2026 so far: 1.70 SEK
What followed similar falls?
Including reinvested dividends, Nolato fell 9.5% over the latest five trading days. Since November 3, 2016, falls at least this large were followed by a higher value 21 trading days later in 6 out of 16 non-overlapping periods. The median was −2.4%, against +1.2% for an ordinary 21-day period, which ended higher 55 times in 100.
Such a fall has not said much about the next month.
−2.4% · 6/16
What to watch next, and why
The earnings report shows how Nolato's revenue and profit have changed.
- Earnings report
The earnings report shows how Nolato's revenue and profit have changed.
Add to calendar
More about Nolato
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Carina Margareta van den Berg, board memberBuyabout 48 thousand SEK
- Anders Björklund, CEOBuyabout 477 thousand SEK
- Anders Eriksson, senior executiveBuyabout 323 thousand SEK
- Lovisa Hamrin, board member (closely associated)Buyabout 15 m SEK
- Lovisa Hamrin, board member (closely associated)Buyabout 5.7 m SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Nolato usually moved about 5.6%. On a normal day it moves 0.8%.
−5.62% Why? −7.22% +2.03% −12.56%
10,000 SEK in Nolato bought on November 4, 2016 is worth 26,400 SEK today, with dividends reinvested.
What would 10,000 SEK in Nolato be worth today? →
What would 10,000 SEK in Nolato be worth today?
26,400 SEK
with dividends reinvested, bought on November 4, 2016.
The five biggest days of the journey
· −16.9% · the whole market fell 0.5% the same day · report day
· −14.9% · the whole market rose 0.9% the same day
· −14.5% · the whole market fell 1.0% the same day
· +12.8% · the whole market rose 0.6% the same day
· −12.6% · the whole market fell 0.9% the same day · report day
Earlier days
−2.30% market −0.11% Nolato fell clearly over the week while the broader Stockholm market was roughly flat. Read →
Nolato fell clearly over the week while the broader Stockholm market was roughly flat.
Sales rose 7%, but profit fell, which likely kept selling pressure on the shares through the week.
Analysts at DNB Carnegie cut their price target, the share price they see as fair, to SEK 63 from SEK 64 while keeping a buy rating.
The next earnings report is due on Monday 8 February 2027.
−2.98% market −0.29% Nolato fell sharply, moving more than the market. Read →
Nolato fell sharply, moving more than the market.
The company's quarterly report missed expectations, and analysts such as DNB Carnegie lowered their price targets.
Over the last five trading days, the stock fell sharply while OMX Stockholm 30 rose clearly.
Much of the drop likely reflects weaker adjusted operating profit (EBITA, earnings before interest, tax and amortisation) and a margin squeeze from higher input and ramp-up costs.
Trading volume was well below its usual level, so the move came on thin trading.
−5.96% market +3.01% Nolato fell sharply this week, while the broader Stockholm market rose clearly, so it moved against the market. Read →
Nolato fell sharply this week, while the broader Stockholm market rose clearly, so it moved against the market.
The main driver was its third-quarter report on Thursday 29 October, where adjusted EBITA (operating profit before some items, a key profit measure) came in below expectations.
Margins narrowed as sales rose, because of costs from ramping up new production.
The shares kept falling into Friday, with the price target cut to SEK 63 at DNB Carnegie.
−5.62% market +0.41% Nolato fell on its Q3 report while the market rose slightly. Read →
Nolato fell on its Q3 report while the market rose slightly.
Nolato fell clearly over the last five trading days while OMX Stockholm 30 rose sharply, so it moved against the market.
Its third-quarter results missed expectations: adjusted EBITA (operating profit before acquisition-related costs) came in below the roughly SEK 270 million analysts expected, at SEK 254 million.
Sales rose 7%, but margins narrowed on higher input costs and ramp-up costs for new production, which likely drove the selling.
The move was about six times a normal day for Nolato, and trading volume was about seven times its usual level.
+1.61% market +0.33% Nolato rose, moving well apart from the market. Read →
Nolato rose, moving well apart from the market.
No company news from the last session explains the move.
Over the same day, OMX Stockholm 30 rose only slightly.
Over the last five trading days, Nolato fell slightly while the market rose slightly.
Trading was heavy, about twice a normal session.
−1.25% market +0.41% Nolato fell, while OMX Stockholm 30 rose slightly. Read →
Nolato fell, while OMX Stockholm 30 rose slightly.
No company news explains the drop from that session.
Over the last five trading days, Nolato fell clearly, roughly in line with a sharp fall in the broader Stockholm market.
Its share price remains well above its lowest close of the past year.
Shares often move with the wider market and sector trends, especially in a sell-off like this.
−2.98% market −3.67% Nolato fell clearly over the last five trading days, moving in line with a sharp fall in the broader Stockholm market. Read →
Nolato fell clearly over the last five trading days, moving in line with a sharp fall in the broader Stockholm market.
Analysts at ABG commented on the company's organic growth, meaning growth from its existing business rather than acquisitions, and a return of mergers and acquisitions activity.
A new head of Engineered Solutions, Cecilia Hellner, was named, which some investors saw as a possible change in direction.
The week's largest factor is the company's Q3 interim report due Thursday 29 October, which is worth watching next.
−2.26% market −2.51% Nolato fell sharply, moving in line with the Stockholm market, which also fell sharply. Read →
Nolato fell sharply, moving in line with the Stockholm market, which also fell sharply.
Over the last five trading days Nolato fell slightly, a little less than the market, which fell clearly.
No company news explains the move in the last session; the market decline is the most likely driver.
Nolato's interim report for the third quarter comes on Thursday 29 October, which is the next thing to watch.
+0.00% market +1.19% Nolato was roughly flat over the past week, edging down while the broader Stockholm market, measured by the OMX Stockholm 30 index, rose slightly, so the stock lagged the market a little. Read →
Nolato was roughly flat over the past week, edging down while the broader Stockholm market, measured by the OMX Stockholm 30 index, rose slightly, so the stock lagged the market a little.
The main company news was the appointment of Cecilia Hellner, who has led one of Nolato's subsidiaries since 2021, as head of the Engineered Solutions business area and a member of the group management team, which is a leadership change rather than a financial surprise and likely had only a limited effect on the price.
Over the coming days the next thing to watch is the quarterly earnings report on Thursday 29 October 2026, which is when the company publishes its results and outlook.
−0.70% market −0.62% Nolato fell slightly, moving in line with the market without company news. Read →
Nolato fell slightly, moving in line with the market without company news.
Over the last five trading days it rose slightly, while OMX Stockholm 30 rose clearly, so Nolato lagged the index.
The most recent company news, a new head of the Engineered Solutions division, and earlier analyst price-target increases came before the last session and likely did not drive that day's move, which was probably a general market pullback.
Nolato reports next on 29 October 2026, which is the event to watch.
+1.07% market +0.21% Nolato rose clearly on news that Cecilia Hellner will lead Engineered Solutions. Read →
Nolato rose clearly on news that Cecilia Hellner will lead Engineered Solutions.
Over the last five trading days Nolato rose slightly while the OMX Stockholm 30 was roughly unchanged, so it moved while the market was flat.
The appointment of Hellner, previously head of subsidiary Nolato Cerbo, fills the leadership of the Engineered Solutions business area and was likely the main driver of the last session's gain.
Earlier in the period, analysts at Nordea and DNB Carnegie raised their price targets, which may have supported the shares.
The next earnings report is due in late October, which is what to watch next.
−1.58% market +0.36% Nolato fell sharply after naming a new head of its Engineered Solutions business area. Read →
Nolato fell sharply after naming a new head of its Engineered Solutions business area.
Over the last five trading days the shares rose slightly, while the OMX Stockholm 30 was roughly unchanged, so Nolato moved more than the market.
The next earnings report is due in late October, which is the next scheduled event to watch.
Learn more · Why do stocks go up and down?