Why VEF stock moves
VEF rose slightly, without company news.
Written after the close on ·
Why today
16,413 news analyzed todayVEF rose slightly, without company news.
No company news explains this.
The session was an ordinary day for VEF, with trading well below its usual level.
VEF rose clearly over the last five trading days while the market was roughly flat.
Earlier strong third-quarter results from Creditas, its largest holding, likely supported the rise.
Today's move of +1.03% was 1.0 times a normal day's 1.0%. OMX Stockholm 30 moved −1.01% on the same day.
VEF +1.03%OMX Stockholm 30 −1.01%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for VEF.
VEF earned more than expected in 2 out of 2 reports.
Not in the chart because no estimate and result are available: 10 of the 12 reports in this period, the latest on October 21, 2026.
The share moved in the same direction as the earnings surprise in 1 out of 2 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 1.77 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. June 5: Buy about 275 thousand SEK. June 4: Buy about 264 thousand SEK. June 3: Buy about 258 thousand SEK. May 26: Buy about 488 thousand SEK. May 21: Buy about 288 thousand SEK.
What the key figures say about VEF
The figures connect what VEF 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: -$0.36–$0.08. Peers: United Bankers 1.09 EUR, Traction 35.59 SEK, Linc 1.20 SEK.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −98.8%–19.7%. Peers: United Bankers 20.8%, Traction 12.1%, Linc 1.6%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -0.12–0.31.
More key figures
Cash left after investments, divided by the number of shares.
2022–2025: -$0.05–$0.03. Peers: Traction 9.84 SEK, Linc -4.73 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 88.8%–93.6%.
More about VEF
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Alexis Koumoudos, senior executiveBuyabout 275 thousand SEK
- Alexis Koumoudos, senior executiveBuyabout 264 thousand SEK
- Alexis Koumoudos, senior executiveBuyabout 258 thousand SEK
- david nangle, CEOBuyabout 488 thousand SEK
- Helena Caan Mattsson, senior executiveBuyabout 288 thousand SEK
Earnings report
On its last 16 report days VEF usually moved about 2.9%. On a normal day it moves 1.0%.
+2.16% Why? −1.98% −7.29% −9.91%
10,000 SEK in VEF bought on July 5, 2021 is worth 4,730 SEK today, with dividends reinvested.
The same amount in OMX Stockholm 30 with dividends would have become 16,500 SEK.
What would 10,000 SEK in VEF be worth today? →
What would 10,000 SEK in VEF be worth today?
4,730 SEK
with dividends reinvested, bought on July 5, 2021. The same amount in OMX Stockholm 30 with dividends would have become 16,500 SEK.
At worst it was worth 4,080 SEK (April 7, 2025).
The five biggest days of the journey
· +12.1% · the whole market rose 0.8% the same day
· −11.8% · the whole market rose 2.8% the same day
· +11.7% · the whole market rose 1.8% the same day
· −11.4% · the whole market fell 2.9% the same day
· −10.6% · the whole market rose 0.4% the same day · report day
Earlier days
−2.34% market −0.83% VEF fell sharply, more than the market. Read →
VEF fell sharply, more than the market.
No company news explains that move, and trading was thin.
Over the last five trading days, VEF was roughly unchanged while the market was also flat.
Recent company news was mostly the strong third-quarter results of Creditas, VEF's largest holding, with revenue up about 35 percent year on year.
The Creditas results came out on a Thursday last week, so they are older background, not the cause of this session.
+4.55% market +0.83% VEF rose, moving well ahead of the market. Read →
VEF rose, moving well ahead of the market.
No company news from that session explains the move.
Over the last five trading days VEF fell slightly while OMX Stockholm 30 rose slightly.
The move was very big for VEF, about four times a normal day, and such moves happened about ten times in the past year.
Trading volume was around its usual level.
−2.74% market −0.29% VEF fell sharply, moving more than the market. Read →
VEF fell sharply, moving more than the market.
OMX Stockholm 30 fell slightly over the same day, so VEF moved more than the market, on heavy trading.
No new company news from the last session explains the move clearly.
Over the last five trading days, the market rose clearly while VEF fell very sharply, a very big move for VEF.
The Q3 report, published before the session, showed flat asset value per share and strong growth at Creditas, its largest holding.
−14.30% market +3.01% VEF, the investment company listed on Nasdaq Stockholm, fell very sharply over the week, moving against a market that rose clearly. Read →
VEF, the investment company listed on Nasdaq Stockholm, fell very sharply over the week, moving against a market that rose clearly.
The move was very big for VEF, the kind of drop not seen in the past year.
Thursday's company update showed portfolio company Creditas growing revenue 35% and record lending, yet VEF's shares still fell.
Weaker quarterly results and a sharp slide on Friday had already pushed the shares to their lowest close of the past year.
−3.31% market +0.41% VEF fell, while OMX Stockholm 30 rose slightly. Read →
VEF fell, while OMX Stockholm 30 rose slightly.
The company's Q3 report and its Creditas portfolio update were already public before that session, so they do not explain the drop.
No company news from that session explains the move.
Over the last five trading days VEF fell very sharply, against a strongly rising market.
Trading volume was about twice a normal session.
+0.00% market +0.96% VEF was roughly unchanged as the market rose. Read →
VEF was roughly unchanged as the market rose.
In the last session VEF was roughly unchanged, while OMX Stockholm 30 rose clearly.
It was an ordinary-sized move for VEF, and trading was well below its usual level.
No company news explains the session itself, since the Q3 review came out after trading closed.
Over the last five trading days VEF fell sharply while the market was roughly flat.
−8.86% market +1.57% VEF fell sharply without a company-news explanation. Read →
VEF fell sharply without a company-news explanation.
VEF fell very sharply in the last session, while OMX Stockholm 30 rose clearly, so VEF moved against the market.
The move was about eight times a normal day for VEF, and trading was far heavier than usual.
The news from that session is only a trading-advice note and a player signing, which do not explain a drop of this size.
Over the last five trading days VEF fell sharply, more than the market's slight decline.
+0.81% market +0.41% VEF rose slightly, a move that was ordinary for the stock. Read →
VEF rose slightly, a move that was ordinary for the stock.
VEF moved more than the market, which rose slightly.
No company news explains it, though the Q3 report earlier this week, showing a flat NAV and a shift toward share buybacks, was known when the session opened.
Over the last five trading days VEF was roughly unchanged while OMX Stockholm 30 fell sharply, so VEF held up better than the market.
Shares trade near the middle of their one-year range, and the market's broader selloff likely explains the relative stability.
−0.20% market −3.67% VEF was roughly unchanged over the last five trading days, while the OMX Stockholm 30 index fell sharply, so VEF held up better than the market. Read →
VEF was roughly unchanged over the last five trading days, while the OMX Stockholm 30 index fell sharply, so VEF held up better than the market.
The move was ordinary in size for the stock.
The week included the publication of its third-quarter report, which showed net asset value per share up 4.9% year on year in Swedish kronor, though slightly down in US dollars.
Management also said it is shifting capital toward buying back its own shares as exits come in, which investors likely welcomed given the stock's discount to asset value.
+2.16% market +0.17% VEF rose on its Q3 2026 report day VEF, the Stockholm-listed fintech investor, rose clearly in the last session. Read →
VEF rose on its Q3 2026 report day VEF, the Stockholm-listed fintech investor, rose clearly in the last session.
The shares moved while the broader market was roughly flat.
The rise came on the day it published its third-quarter report, which showed net asset value per share up 1.5% for the quarter in SEK.
Its report days usually move about twice as much as a normal day, so this was an ordinary report-day move.
Learn more · Why do stocks go up and down?