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: April 30, 2026

Oldest updated estimate: January 27, 2026

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 149.29 SEK (+18.95% 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
Q1 2026
Q2 2026E
Q3 2026E
Q4 2026E
Net sales
3,159
2,924
2,962
3,191
Net sales growth (%)
24
1
-1
2
Organic growth (%)
12
5
3
4
Adjusted EBITDA
802
671
694
752
Adjusted EBITDA margin (%)
25
23
23
24
EBITDA
754
652
676
734
Operating profit (EBIT)
371
300
345
417
Net profit
138
135
163
236
Earnings per share (SEK)
1.16
1.33
1.54
1.82
MSEK, unless otherwise specified
2025
2026E
2027E
2028E
Net sales
11,579
12,067
12,553
13,006
Net sales growth (%)
92
4
4
3
Organic growth (%)
9
5
4
3
Adjusted EBITDA
2,648
2,816
3,041
3,212
Adjusted EBITDA margin (%)
23
23
24
25
EBITDA
2,383
2,749
2,984
3,171
Operating profit (EBIT)
963
1,381
1,617
1,822
Net profit
-62
665
900
1,068
Earnings per share (SEK)
-0.53
5.46
7.33
8.99