Magnora ASA (MGN)

Currency in NOK
22.40
-0.25(-1.10%)
Real-time Data·
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Fair Value
Day's Range
22.2022.75
52 wk Range
18.4233.70
Key Statistics
Prev. Close
22.65
Open
22.3
Day's Range
22.2-22.75
52 wk Range
18.42-33.7
Volume
450.36K
Average Volume (3m)
507.56K
1-Year Change
-2.3965%
Book Value / Share
5.13
Fair Value
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Fair Value Upside
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MGN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
32.98
Upside
+47.23%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Magnora ASA News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

1 Buy
2 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 32.98
(+47.23% Upside)

Magnora ASA Earnings Call Summary for Q2/2026

  • Magnora ASA posted Q2 2026 EPS of -$0.35 vs. -$0.15 est.; revenue $10.1M missed $22.1M forecast by 54.4%, stock fell 1.72% to $22.85.
  • Company holds NOK 814M cash, NOK 964M total liquidity; renewable unit cut quarterly costs to NOK 10-15M target range amid shift to harvesting phase.
  • Magnora Data Center raised NOK 650M in June listing, now 52.7% owned; management aims to expand platform across additional European markets in 2026.
  • Renewable portfolio exceeds 10 gigawatts across four European markets; executives target 12 gigawatts by end-2026 despite grid connection bottlenecks.
  • CEO cited lower marginal costs for new capacity and improving macro conditions; revenue volatility tied to project sale timing rather than recurring income.
Last Updated: 26/08/2026, 09:30
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Earnings

Latest Release
26/08/2026
EPS / Forecast
-0.35 / -0.15
Revenue / Forecast
10.06M / 22.08M
EPS Revisions
Last 90 days

Compare MGN to Peers and Sector

Metrics to compare
MGN
Peers
Sector
Relationship
P/E Ratio
−25.6x−0.9x11.7x
PEG Ratio
0.230.010.02
Price/Book
5.0x2.5x1.3x
Price / LTM Sales
32.6x2.9x1.6x
Upside (Analyst Target)
33.8%26.7%17.2%
Fair Value Upside
Unlock−14.7%2.4%Unlock

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa, Italy and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Sector
Energy
Employees
43
Market
Norway

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
2.44M3.38%55.25M
Other Institutional Investors
23.80M32.94%539.05M
Public Companies & Retail Investors
46.02M63.69%1.04B
Total
72.26M100.00%1.64B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
F1 Funds As5.02%3,626,87082,149
Ginny Invest AS3.42%2,469,14455,926

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FAQ

What Is the Magnora (Oslo: MGN) Share Price Today?

The Magnora stock price today is 22.40 NOK.

What Stock Exchange Does Magnora (MGN) Trade On?

Magnora is listed and trades on the Oslo Stock Exchange.

What Is the Ticker (Stock Symbol) for Magnora?

The stock symbol (also called a 'ticker') for Magnora is "MGN."

What Is the Current Magnora Market Capitalisation?

As of today, Magnora (Oslo: MGN) market cap is 1.64B NOK.

What Is Magnora's (MGN) Earnings Per Share (TTM)?

The Magnora EPS is currently -1.11 (Trailing Twelve Months).

When Is the Next Magnora Earnings Date?

Magnora's next earnings report will be released on 23/10/2026.

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

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

How Many Times Has Magnora Stock Split?

Magnora has split 4 times. (See the MGN stock split history page for full effective split date and price information.)

How Many Employees Does Magnora Have?

Magnora has 43 employees, based on their latest Companies House report.

What is the current trading status of Magnora (Oslo: MGN)?

As of 27/08/2026, Magnora (MGN) is trading at a share price of 22.40 NOK, with a previous close of 22.65 NOK. The stock has fluctuated within a day range of 22.20 NOK to 22.75 NOK, while its 52-week range spans from 18.42 NOK to 33.70 NOK.

What Is Magnora (MGN) Price Target According to Analysts?

The average 12-month price target for Magnora is 32.98 NOK, with a high estimate of 39.28952918 NOK and a low estimate of 29.27748944 NOK. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +47.23% Upside potential.
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