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: May 7, 2026

Oldest updated estimate: April 29, 2026

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 159.86 SEK (+13.86% 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
2,979
2,973
3,274
Net sales growth (%)
24
2
-1
5
Organic growth (%)
12
6
3
6
Adjusted EBITDA
802
667
671
780
Adjusted EBITDA margin (%)
25
22
23
24
EBITDA
754
648
653
762
Operating profit (EBIT)
371
299
320
446
Net profit
138
147
160
270
Earnings per share (SEK)
1.16
1.26
1.48
1.78
MSEK, unless otherwise specified
2025
2026E
2027E
2028E
Net sales
11,579
12,353
12,865
13,359
Net sales growth (%)
92
7
4
4
Organic growth (%)
9
6
4
4
Adjusted EBITDA
2,648
2,894
3,106
3,272
Adjusted EBITDA margin (%)
23
23
24
24
EBITDA
2,383
2,817
3,057
3,252
Operating profit (EBIT)
963
1,419
1,695
1,894
Net profit
-62
711
1,029
1,203
Earnings per share (SEK)
-0.53
5.99
8.77
10.38