Why Scatec stock moves
Scatec rose on Friday, moving against a sharply lower Oslo Børs.
Written after the close on ·
Why today
16,437 news analyzed todayScatec rose on Friday, moving against a sharply lower Oslo Børs.
The stock moved within its usual daily range, so it was an ordinary day for Scatec.
Company news from Thursday on an Egyptian solar project, a 569 MW build, is a possible positive.
Over the last five trading days the shares rose clearly, while the benchmark index fell sharply.
Next, watch the company's earnings report on 29 January 2027.
Today's move of +0.64% was 0.4 times a normal day's 1.6%. Oslo Børs benchmark index moved −1.31% on the same day.
Scatec +0.64%
What analysts expect, and how often they have been right
Analysts’ estimates for Scatec.
Scatec earned more than expected in 2 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 3 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 86.85 NOK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedNOK
Next reported quarter: expected earnings per share of 0.19 NOK (January 29). For the current fiscal year, expected earnings per share changed from 3.51 NOK three months ago to -4.26 NOK now. 2026 estimate: -4.26 NOK. 2027 estimate: 6.40 NOK.
Has the share price followed the business?
Price and earnings moved in the same direction: 1 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +34% and earnings per share −26%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn NOK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn NOK
Price and earnings moved in the same direction: 1 out of 3 years.Market cap (Now): 13.9 bn NOKRevenue 2025: 3.6 bn NOK
What the key figures say about Scatec
The figures connect what Scatec 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: -8.40 NOK–8.24 NOK. Peers: Orrön Energy -0.22 SEK, EDP Renováveis 0.34 EUR, Fortum 0.90 EUR. 2026 estimate: -4.26 NOK (-9.27 NOK–1.26 NOK). 2027 estimate: 6.40 NOK (1.35 NOK–11.50 NOK).
What the company sold during the year.
2022–2025: 3.0 bn NOK–4.4 bn NOK. Peers: Orrön Energy 33.1 m EUR, EDP Renováveis 2.2 bn EUR, Fortum 5.7 bn EUR. 2026 estimate: 5.4 bn NOK (5.3 bn NOK–5.6 bn NOK). 2027 estimate: 7.7 bn NOK (6.3 bn NOK–8.9 bn NOK).
The percentage of revenue left after the costs of running the business.
2022–2025: −0.9%–44.0%. Peers: Orrön Energy −16.3%, EDP Renováveis 33.5%, Fortum 17.3%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −16.1%–12.3%. Peers: Orrön Energy −4.5%, EDP Renováveis 3.8%, Fortum 10.0%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 9.6–20.8. Peers: EDP Renováveis 42.6, Fortum 25.8. 2027 estimate: 13.6.
What investors pay for each unit the company sells.
2022–2025: 2.89–4.65. Peers: EDP Renováveis 6.98, Fortum 3.67. 2026 estimate: 2.57. 2027 estimate: 1.81.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 NOK–2.54 NOK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.0%–3.2%. Peers: Orrön Energy 0.0%, EDP Renováveis 0.9%, Fortum 3.2%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 4.72–9.63. Peers: Orrön Energy 0.31, EDP Renováveis 8.19, Fortum 1.36.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 1.19–1.68. Peers: EDP Renováveis 1.47, Fortum 2.63.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 9.4–101.3.
Cash left after investments, divided by the number of shares.
2022–2025: -32.37 NOK–-0.88 NOK. Peers: Orrön Energy 0.01 EUR, EDP Renováveis -1.66 EUR, Fortum 0.41 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 20.0%–23.2%.
What to watch next, and why
The earnings report shows how Scatec's revenue and profit have changed.
- Earnings report
The earnings report shows how Scatec's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Scatec usually moved about 3.8%. On a normal day it moves 1.6%.
+0.83% +0.16% −12.95% −4.24%
10,000 NOK in Scatec bought on November 7, 2016 is worth 30,100 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 32,400 NOK.
What would 10,000 NOK in Scatec be worth today? →
What would 10,000 NOK in Scatec be worth today?
30,100 NOK
with dividends reinvested, bought on November 7, 2016. The same amount in OSEBX with dividends would have become 32,400 NOK.
The five biggest days of the journey
· −23.9% · the whole market fell 1.2% the same day
· +18.1% · the whole market rose 1.1% the same day · report day
· +18.0% · the whole market rose 0.2% the same day
· −17.6% · the whole market fell 1.7% the same day · report day
· +16.3% · the whole market rose 0.8% the same day · report day
Earlier days
+2.60% Scatec rose clearly over the week, moving against a sharply weaker Oslo Børs market. Read →
Scatec rose clearly over the week, moving against a sharply weaker Oslo Børs market.
The rise came with an ordinary-sized move and thin trading.
Board member buys reported on 2 and 4 November, a mid-week solar and storage financing in Egypt, and analysts keeping buy ratings helped support the shares.
Next, watch the quarterly report due Friday 29 January 2027.
+3.41% Scatec rose while the market was roughly flat, with heavy trading. Read →
Scatec rose while the market was roughly flat, with heavy trading.
Analysts recently cut price targets, but reiterated buy ratings, and the market had already priced in the weak third-quarter results.
Earlier share purchases and Egypt project financing are the most likely background for the rebound.
Learn more · Why do stocks go up and down?