Nel ASA (NEL)

Currency in NOK
2.25
+0.01(+0.22%)
Real-time Data·
Advertisement
NEL is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
2.212.25
52 wk Range
1.923.96
Key Statistics
Prev. Close
2.24
Open
2.22
Day's Range
2.21-2.25
52 wk Range
1.92-3.96
Volume
919.2K
Average Volume (3m)
4.82M
1-Year Change
-7.1547%
Book Value / Share
1.96
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
NEL Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
2.08
Downside
-7.41%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Nel ASA News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Buy
Moving Averages
Strong Buy

Analyst Ratings

0 Buy
7 Hold
7 Sell
Ratings:
14 analysts
Overall Consensus
Sell

Analysts 12-Month Price Target:

Average 2.08
(-7.41% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold1.80-18.92%2.90Maintain05/08/2026
Berenberg
Hold2.30+3.60%2.60Maintain19/03/2026
Citi
Hold2.40+8.11%2.70Maintain16/03/2026
Goldman Sachs
Hold2.20-0.90%2.00Maintain20/01/2026
Citi
Hold2.70+21.62%2.50Maintain11/11/2025

Nel ASA Earnings Call Summary for Q2/2026

  • Nel ASA reported Q2 2026 revenue of NOK 182M, down from NOK 215M YoY, with negative EBITDA of NOK 155M including a NOK 70M Iwatani settlement.
  • Order intake rose to NOK 230M from weak prior quarters; backlog stood at NOK 1.2B with cash position of NOK 1.3B easing funding pressure.
  • New pressurized alkaline platform cuts footprint 80% and CapEx 40-60%; management expects first orders in coming months after May launch.
  • Company targets 500MW manufacturing capacity by end-2026, expanding to 1GW in 2027, supported by EUR 135M EU funding for PA-Series line.
  • Shares fell 2.25% to $2.17; management says profitability requires alkaline volumes in hundreds of MW/year and PEM at 20-24% capacity utilization.
Last Updated: 15/07/2026, 07:50
Read Full Transcript

Earnings

Latest Release
15/07/2026
EPS / Forecast
-0.10 / -0.07
Revenue / Forecast
167.36M / 195.5M
EPS Revisions
Last 90 days

Compare NEL to Peers and Sector

Metrics to compare
NEL
Peers
Sector
Relationship
P/E Ratio
−3.2x−1.3x12.2x
PEG Ratio
0.02−0.030.03
Price/Book
1.1x2.5x1.4x
Price / LTM Sales
4.4x2.5x1.2x
Upside (Analyst Target)
−12.9%28.8%25.3%
Fair Value Upside
Unlock5.9%7.3%Unlock

Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates through Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen production equipment based on proton exchange membrane (PEM) water electrolysis technology. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Sector
Energy
Employees
313
Market
Norway

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
80.14M4.36%179.51M
Other Institutional Investors
484.53M26.36%1.09B
Public Companies & Retail Investors
1.27B69.28%2.85B
Total
1.84B100.00%4.12B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Samsung E&A Co., Ltd.9.09%167,132,530374,377
Handelsbanken Asset Management3.36%61,805,528138,444

People Also Watch

83.64
ABBN
+0.19%
131.6000
PRY
+0.15%
4.4460
SPMI
+1.05%
146.15
SPCX
+9.65%
687.6
SAABb
+1.90%

FAQ

What Is the Nel ASA (Oslo: NEL) Share Price Today?

The Nel ASA stock price today is 2.25 NOK.

What Stock Exchange Does Nel ASA (NEL) Trade On?

Nel ASA is listed and trades on the Oslo Stock Exchange.

What Is the Ticker (Stock Symbol) for Nel ASA?

The stock symbol (also called a 'ticker') for Nel ASA is "NEL."

What Is the Current Nel ASA Market Capitalisation?

As of today, Nel ASA (Oslo: NEL) market cap is 4.12B NOK.

What Is Nel ASA's (NEL) Earnings Per Share (TTM)?

The Nel ASA EPS is currently -0.70 (Trailing Twelve Months).

When Is the Next Nel ASA Earnings Date?

Nel ASA's next earnings report will be released on 21/10/2026.

Is NEL a Buy or Sell From a Technical Analyst Perspective?

Based on today's Nel ASA moving averages and other technical indicators, the daily buy/sell signal for NEL stock is Buy.

How Many Times Has Nel ASA Stock Split?

Nel ASA has split 15 times. (See the NEL stock split history page for full effective split date and price information.)

How Many Employees Does Nel ASA Have?

Nel ASA has 313 employees, based on their latest Companies House report.

What is the current trading status of Nel ASA (Oslo: NEL)?

As of 13/08/2026, Nel ASA (NEL) is trading at a share price of 2.25 NOK, with a previous close of 2.24 NOK. The stock has fluctuated within a day range of 2.21 NOK to 2.25 NOK, while its 52-week range spans from 1.92 NOK to 3.96 NOK.

What Is Nel ASA (NEL) Price Target According to Analysts?

The average 12-month price target for Nel ASA is 2.08 NOK, with a high estimate of 4.2 NOK and a low estimate of 1 NOK. 0 analysts recommend buying the stock, while 7 suggest selling, leading to an overall rating of Sell. The stock has an -7.41% Downside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.