Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Bittium

27.85 EUR

+4.50 %

8,355 following
Corporate customer

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
+4.50 %
-25.34 %
-7.01 %
+47.35 %
+127.91 %
+256.14 %
+541.71 %
+342.06 %
+81.97 %

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.

Read more
Market cap
994.31M EUR
Turnover
2.01M EUR
P/E (adj.) (26e)
33.75
EV/EBIT (adj.) (26e)
32.96
EV/S (26e)
6.45
Dividend yield-% (26e)
2.07 %
Coverage
Recommendation
Reduce
Target price
34.00 EUR
Updated
20.02.2026
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 20.02.2026

Latest extensive report

Released: 28.05.2024

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
22.4
2026

General meeting '26

23.4
2026

Annual dividend

29.4
2026

Business review Q1'26

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types
Bittium Q4'25: Vi mener, at guidance og værdiansættelse ikke stemmer overens
Research2/20/2026, 6:00 AM by
Juha Kinnunen

Bittium Q4'25: Vi mener, at guidance og værdiansættelse ikke stemmer overens

For Defense & Security-segmentet var Q4 samlet set fremragende, men forventningerne til 2026 var en klar skuffelse.

Bittium
Bittium Q4'25 - kort kommentar: Stærkt resultat delvist påvirket af afskrivninger, mange ting at fordøje i udsigterne
Analyst Comment2/19/2026, 7:19 AM by
Juha Kinnunen

Bittium Q4'25 - kort kommentar: Stærkt resultat delvist påvirket af afskrivninger, mange ting at fordøje i udsigterne

Bittium
Bittium, Webcast, Q4'25
Webcast2/19/2026, 7:00 AM

Bittium, Webcast, Q4'25

Bittium

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Regulatory press release2/19/2026, 6:00 AM

Bittium Oyj: Bittium Corporation's Financial Statement Bulletin January-December 2025

Bittium
Bittium Q4'25 preview: Indra accelererer indtjeningsvæksten til topgear
Analyst Comment2/16/2026, 6:14 AM by
Juha Kinnunen

Bittium Q4'25 preview: Indra accelererer indtjeningsvæksten til topgear

Vi forventer en meget stærk afslutning på 2025 for Bittium, især drevet af Indra-samarbejdsaftalen, der blev offentliggjort i december, og de høje leverancer inden for Defense & Security-segmentet. Fokus er dog stærkt på forventningerne til 2026.

Bittium
Regulatory press release1/29/2026, 2:30 PM

Bittium Oyj: Share-Based Retention Plan for Bittium Corporation's CEO

Bittium
Bittium åbner op for Natos sikre kommunikation
Analyst Comment1/28/2026, 5:40 AM by
Juha Kinnunen

Bittium åbner op for Natos sikre kommunikation

Bittium meddelte tirsdag, at de har indgået en BOA-aftale (Basic Ordering Agreement) vedrørende indkøbsrammer med NATO's informationssystemagentur NCIA.

Bittium
Ny Indra-ordre cementerer Bittiums vækstforventninger for 2026
Analyst Comment1/19/2026, 5:30 AM by
Juha Kinnunen

Ny Indra-ordre cementerer Bittiums vækstforventninger for 2026

Bittium har modtaget en ordre på 20 MEUR fra spanske Indra i forbindelse med licensaftalen for Tough SDR-teknologien.

Bittium
Regulatory press release1/16/2026, 3:00 PM

Bittium Oyj: Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation Received Purchase Order Related to the Transfer of Tough SDR Technology to Spanish Indra Group

Bittium
European Defense Sector Outlook: Long-cycle rearmament drives fundamentals, but stretched valuations force selectivity
Analyst Comment12/30/2025, 8:39 AM by
Renato Rios, Henri Vanhanen

European Defense Sector Outlook: Long-cycle rearmament drives fundamentals, but stretched valuations force selectivity

Peace talks change headlines, not procurement, rearmament keeps rolling ahead.

SaabW5 SolutionsArgo Defence GroupScandinavian Astor GroupScandinavian Astor GroupMilDef GroupINVISIOBittium
European Defense Sector Outlook: Long-cycle rearmament drives fundamentals, but stretched valuations force selectivity
Article12/30/2025, 6:15 AM by
Renato Rios, Henri Vanhanen

European Defense Sector Outlook: Long-cycle rearmament drives fundamentals, but stretched valuations force selectivity

Peace talks change headlines, not procurement, rearmament keeps rolling ahead.

SaabBittiumW5 SolutionsScandinavian Astor GroupScandinavian Astor GroupMilDef GroupINVISIOArgo Defence Group
Regulatory press release12/29/2025, 1:30 PM

Bittium Oyj: Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation licenses its Tough SDR Technology to Spanish Indra Group

Bittium
Regulatory press release12/29/2025, 1:30 PM

Bittium Oyj: Inside Information, Profit Warning: Bittium Corporation Raises its Financial Outlook for 2025

Bittium
Regulatory press release12/19/2025, 12:45 PM

Bittium Oyj: Bittium Corporation's Financial Calendar for the Year 2026

Bittium
Regulatory press release12/17/2025, 3:10 PM

Bittium Oyj: Inside Information: Significant Order for Bittium Wireless Ltd, a Subsidiary of Bittium Corporation, for Expanding the Austrian Armed Forces' Tactical Communications Network

Bittium
Regulatory press release12/17/2025, 9:00 AM

Bittium Oyj: Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation, Continues Supplying the Finnish Defence Forces with Next-Generation Bittium Tough SDR™ Radios

Bittium
Life Science Companies as Investments | Life Science Night Dec. 9, 202514:40
Video12/16/2025, 7:30 AM

Life Science Companies as Investments | Life Science Night Dec. 9, 2025

Antti Siltanen, Life Science Analyst, PhD, talks about life science companies as investments.

Aiforia TechnologiesBioretecBiohitFaron PharmaceuticalsModulightNexstimOrionBittiumDetection TechnologyOptomedRevenio GroupNightingale HealthHerantis PharmaNanoform Finland
Regulatory press release11/5/2025, 11:30 AM

Bittium Oyj: Inside Information: Bittium Corporation's Subsidiary Bittium Wireless Ltd has signed a Framework Agreement in the Field of Command-and-Control Systems with the Finnish and Swedish Defence Forces

Bittium
Regulatory press release10/24/2025, 5:00 AM

Bittium Oyj: Bittium Corporation's Business Review January-September 2025

Bittium
Bittium's Capital Markets Day 2025
Webcast9/23/2025, 9:30 AM

Bittium's Capital Markets Day 2025

During the day, Petri Toljamo, the CEO of Bittium and the Heads of Company’s Business Segments will provide information about development of the markets relevant to Bittium, long-term growth opportunities and growth strategies.

Bittium
Forum discussions
I didn’t say anything about “retail investors,” but let’s clarify that international investors were likely the biggest reason behind the rise. As I said then, the supply/demand balance is distorted when private investors hold or buy while international investors and foreign interest...
2/26/2026, 7:17 AM
by Juha Kinnunen
29
Off the top of my head and simplified: momentum. First, there was a strong upward spiral that attracted shareholders who just wanted to join the rally. Then, once the direction reversed after some degree of overshooting, those same people exit as the share price drops. Ultimately...
2/25/2026, 7:41 PM
by Juha Kinnunen
25
Is the reason purely for easier and clearer reporting, etc., or something else? A new anchor owner to replace Veikkolainen and partners, who seems to be loading up on the stock through SEB at the moment. The change in SEB’s holdings in Bittium was +360,000 shares between Dec 31, ...
2/24/2026, 6:03 PM
by Kootteri
16
Bittium and VTT deepen their cooperation: “In cooperation, Bittium conceptualizes and productizes new technologies developed by VTT for the needs of customers in the defense market.” Bittium Pörssi- ja lehdistötiedotteet
2/25/2026, 7:05 AM
by ghoul
15
First, 68k shares are traded back and forth during the day, Then the closing auction and 1,012k shares. 1 million shares and 27 MEUR turnover is already nearly 3% of the total shares outstanding. Churning could, of course, have occurred between funds of the same owner, etc. the trading...
2/27/2026, 5:20 PM
by Opa
13
Does @Juha_Kinnunen have any insight, estimate, or off-the-cuff opinion on what or who is slaughtering the share price? And why? The earnings report wasn’t really this terrible, was it? Or was it?
2/25/2026, 12:51 PM
by Ricku
9
On the KL forum, people have been visiting or calling Euroclear. The amount of SEB’s nominee-registered holdings reached nearly 3 million shares in mid-February and has now slid down to the late January level of 2.4 million shares. Whatever the ultimate reason behind it may be, there...
2/26/2026, 9:08 AM
by Opa
8
Read more on our forum
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.