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 22, 2026

Oldest updated estimate: January 27, 2026

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 145.00 SEK (+42.02% 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
Q4 2025
Q1 2026E
Q2 2026E
Q3 2026E
Net sales
3,123
2,888
2,910
2,960
Net sales growth (%)
84
13
0
-1
Organic growth (%)
8
7
4
2
Adjusted EBITDA
717
657
670
707
Adjusted EBITDA margin (%)
23
23
23
24
EBITDA
603
643
658
695
Operating profit (EBIT)
219
286
299
358
Net profit
-105
128
136
176
Earnings per share (SEK)
-0.90
1.30
1.51
1.69
MSEK, unless otherwise specified
2025
2026E
2027E
2028E
Net sales
11,579
11,952
12,414
12,795
Net sales growth (%)
92
3
4
3
Organic growth (%)
9
4
4
3
Adjusted EBITDA
2,648
2,792
3,004
3,157
Adjusted EBITDA margin (%)
23
23
24
25
EBITDA
2,383
2,750
2,969
3,108
Operating profit (EBIT)
963
1,357
1,569
1,707
Net profit
-62
659
870
961
Earnings per share (SEK)
-0.53
5.44
7.07
8.09