Analysts & estimates

Estimates are provided by Modular Finance and are based on projections from analysts who follow MTG. MTG does not by providing this information imply its endorsement of, or concurrence with, such information, conclusions or recommendations.

Last updated estimate: September 30, 2026

Oldest updated estimate: July 21, 2026

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 166.14 SEK (+32.91% vs stock price)

Analysts

Company
Name
ABG Sundal Collier
Simon Jönsson
DNB Carnegie
Martin Arnell
Danske Bank Markets
Jacob Edler
Handelsbanken Capital Markets
Jesper Stugemo
Kepler Cheuvreux
Rasmus Engberg
SB1 Markets
Viktor Lindström
Trigon
Grzegorz Balcerski

Net sales, Estimates

Quarterly
Yearly
A = Actual, E = Estimates
A = Actual, E = Estimates

Adjusted EBITDA, estimates

Quarterly
Yearly
A = Actual, E = Estimates
A = Actual, E = Estimates

Key financials, estimates

Quarterly Estimates
Yearly estimate
MSEK, unless otherwise specified
Q2 2026
Q3 2026E
Q4 2026E
Net sales
2,965
3,000
3,347
Net sales growth (%)
2
0
7
Organic growth (%)
6
0
4
Adjusted EBITDA
707
678
805
Adjusted EBITDA margin (%)
24
22
24
EBITDA
690
662
773
Operating profit (EBIT)
317
302
417
Net profit
99
142
233
Earnings per share (SEK)
0.83
1.19
1.95
MSEK, unless otherwise specified
2025
2026E
2027E
2028E
Net sales
11,579
12,466
13,009
13,513
Net sales growth (%)
92
7
4
3
Organic growth (%)
9
6
3
3
Adjusted EBITDA
2,648
2,996
3,175
3,361
Adjusted EBITDA margin (%)
23
24
24
24
EBITDA
2,383
2,889
3,138
3,325
Operating profit (EBIT)
963
1,420
1,771
1,967
Net profit
-62
611
1,030
1,196
Earnings per share (SEK)
-0.53
5.14
8.66
10.05