NOTE AB (NOTE)

Currency in SEK
152.80
-0.10(-0.07%)
Closed·
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Fair Value
Day's Range
151.00154.30
52 wk Range
138.10205.20
Key Statistics
Prev. Close
152.8
Open
151.5
Day's Range
151-154.3
52 wk Range
138.1-205.2
Volume
95.28K
Average Volume (3m)
92.57K
1-Year Change
-14.6369%
Book Value / Share
68.27
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
195.50
Upside
+27.95%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins

NOTE AB News & Analysis

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Technical Analysis

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

Analyst Ratings

2 Buy
0 Hold
0 Sell
Ratings:
2 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 195.50
(+27.95% Upside)

NOTE AB Earnings Call Summary for Q3/2026

  • NOTE posted record Q3 sales of SEK 1,057M (+27% reported, +2% organic) with EPS of SEK 1.98, but shares fell 12% on weak cash flow concerns.
  • Operating margin held at 9.3% despite factory relocations costing SEK 35-45M in lost production; Security & Defence grew 19% organically.
  • Order backlog rose 12% like-for-like with H1 2025 deliveries up 20%, though inventory buildup pressured cash flow significantly.
  • Management expects Q4 to be strongest quarter ever in sales and profit, maintaining full-year margin guidance of 9.5%-10.5%.
  • China sales fell 25% while Greentech and Medtech remain weak; PCB supply constraints and component price increases expected through 2025.
Last Updated: 23/10/2026, 09:48
Read Full Transcript

Earnings

Latest Release
23/10/2026
EPS / Forecast
2.24 / 2.43
Revenue / Forecast
1.06B / 1.1B
EPS Revisions
Last 90 days

Compare NOTE to Peers and Sector

Metrics to compare
NOTE
Peers
Sector
Relationship
P/E Ratio
17.3x23.8x10.9x
PEG Ratio
−2.821.130.01
Price/Book
2.2x3.2x2.4x
Price / LTM Sales
1.0x0.9x2.1x
Upside (Analyst Target)
27.9%24.6%52.0%
Fair Value Upside
Unlock3.0%12.8%Unlock

NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Western Europe and internationally. The company offers manufacturing engineering services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production. It also produces PCBAs, subassemblies, and box build products. In addition, the company provides contract manufacturing, and after-sales services. It serves its products to security and defence, medtech, greentech, industrial, and communication industries. NOTE AB (publ) was incorporated in 1990 and is headquartered in Stockholm, Sweden.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
1.96M6.87%311.53M
Other Institutional Investors
1.56M5.47%247.95M
Public Companies & Retail Investors
25.03M87.66%3.97B
Total
28.55M100.00%4.53B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Nordnet AB (publ)4.61%1,315,822208,953
Financiere de l'Echiquier1.74%496,35378,821

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FAQ

What Is the NOTE AB (Stockholm: NOTE) Share Price Today?

The NOTE AB stock price today is 152.80 SEK.

What Stock Exchange Does NOTE AB (NOTE) Trade On?

NOTE AB is listed and trades on the Stockholm Stock Exchange.

What Is the Ticker (Stock Symbol) for NOTE AB?

The stock symbol (also called a 'ticker') for NOTE AB is "NOTE."

What Is the Current NOTE AB Market Capitalisation?

As of today, NOTE AB (Stockholm: NOTE) market cap is 4.37B SEK.

What Is NOTE AB's (NOTE) Earnings Per Share (TTM)?

The NOTE AB EPS is currently 8.82 (Trailing Twelve Months).

When Is the Next NOTE AB Earnings Date?

NOTE AB's next earnings report will be released on 26/01/2027.

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

Based on today's NOTE AB moving averages and other technical indicators, the daily buy/sell signal for NOTE stock is Strong Sell.

How Many Times Has NOTE AB Stock Split?

NOTE AB has split 1 times. (See the NOTE stock split history page for full effective split date and price information.)

How Many Employees Does NOTE AB Have?

NOTE AB has 1800 employees, based on their latest Companies House report.

What is the current trading status of NOTE AB (Stockholm: NOTE)?

As of 06/11/2026, NOTE AB (NOTE) is trading at a share price of 152.80 SEK, with a previous close of 152.80 SEK. The stock has fluctuated within a day range of 151.00 SEK to 154.30 SEK, while its 52-week range spans from 138.10 SEK to 205.20 SEK.

What Is NOTE AB (NOTE) Price Target According to Analysts?

The average 12-month price target for NOTE AB is 195.50 SEK, with a high estimate of 196 SEK and a low estimate of 195 SEK. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +27.95% Upside potential.
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