Bittium

33.60 EUR

-0.44 %

8,404 following
Corporate customer

BITTI

NASDAQ Helsinki

Telecommunications

Technology

-0.44 %
-13.96 %
-9.92 %
+12.19 %
+81.23 %
+390.51 %
+689.66 %
+389.08 %
+119.53 %

Bittium specializes in developing secure communication and connectivity solutions using technology and knowledge of radio technology. The products are used for mobile devices, computers, and other technological products in healthcare, defense, and other industries. Examples of work areas include cardiology, neurology, and rehabilitation. The company is headquartered in Oulu.

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Market cap
1.2B EUR
Turnover
1.13M EUR
P/E (adj.) (26e)
43.84
EV/EBIT (adj.) (26e)
42.39
P/B (26e)
8.1
EV/S (26e)
8.12
Dividend yield-% (26e)
1.6 %
Coverage
Recommendation
Reduce
Target price
32.00 EUR
Updated
30.04.2026
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 30.04.2026

Latest extensive report

Released: 28.05.2024

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
7.8
2026

Interim report Q2'26

29.10
2026

Business review Q3'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
Hi @Takamettien_mekataht thanks for the question. The order backlog grew by a total of approx. EUR 14.6 million from the end of 2025 to the end of March 2026. The volume of new orders during the same period was approx. EUR 34.8 million. During the first quarter, there was one order...
4/30/2026, 9:01 AM
by Karoliina_Malmi
29
Hi @Karoliina_Malmi! Bittium Engineering Services was spun off from Bittium Wireless into its own company. The demerger application and separation were recently processed by the PRH (Finnish Patent and Registration Office), and this new company was entered into the register on April...
5/4/2026, 12:50 PM
by Maisteri
11
I’ll just note that the consensus was at the same levels, so it wasn’t just Inderes assuming – but none of us know what is being delivered in which quarter.
4/29/2026, 6:38 AM
by Juha Kinnunen
9
Inderes – 29 Apr 26 Bittium Q1'26 -pikakommentti: Tulos jäi odotuksista toimitusten ajoitusten... Puolustussegmentin toimitukset eivät alkuvuonna liikkuneet odotetusti, minkä takia Q1-tulos jäi selvästi alle odotusten. Deliveries weren’t timed quite as Inderes expected, no major ...
4/29/2026, 6:21 AM
by jokuvaan
7
A new company report on Bittium from Juha following the Q1 results. We reiterate our reduce recommendation for Bittium and adjust our target price to EUR 32.0 (previously EUR 34.0). The Q1 result clearly missed forecasts, as product deliveries in the Defense & Security segment remained...
4/30/2026, 5:50 AM
by Sijoittaja-alokas
5
Earnings growth is accelerating (Defense + Medical), cash flow supports a valuation uplift, massive order backlog, the company’s own guidance is achievable. From an investor’s perspective, Bittium is now a better company than a year ago.
4/29/2026, 6:02 AM
by Maranoldo
4
And analysts’ missed estimates cause the share price to swing. Many succumb to panic selling when they don’t know how to correctly interpret the growth expectations in the analyses.
4/29/2026, 7:36 AM
by amokk
3
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