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Bittium

34.00 EUR+1.34 %4.9, 17.29
8,500 following

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Investor views
Compare
+1.34 %
+26.16 %
-2.44 %
+30.02 %
+13.52 %
+179.61 %
+733.33 %
+461.98 %
+122.15 %

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
1.21B EUR
Turnover
2.39M EUR
P/E (adj.) (26e)
49.48
EV/EBIT (adj.) (26e)
38.53
P/B (26e)
8.35
EV/S (26e)
7.87
Dividend yield-% (26e)
1.41 %
Coverage
Recommendation
Reduce
Target price
36.00 EUR
Updated
10.08.2026
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 10.08.2026

Latest extensive report

Released: 28.05.2024

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Hi @jiitu and thank you for the question. The figure of 600,000 delivered devices is correct. This includes all devices delivered during both the Mega Electronics and Bittium eras, starting from the early 2010s, and also includes devices delivered for research projects. This is why...
8/27/2026, 9:56 AM
by Karoliina_Malmi
36
From the NuWays analysis: nuways-ag.com NuWays Platform The book-to-bill ratio is indeed 1.32, which I understand to be a very strong indicator of future growth as well. In other words, for every euro delivered, Bittium received 1.33 euros in new orders. Thus, the order backlog grew...
8/10/2026, 8:32 AM
by Hanhinääri
13
Linkki SEB:n analyysiraporttiin, missä käyvän arvon haarukkaan tuli muutos: "We lift our fair equity value range to EUR 35-45 (31-40) per share We hike our fair equity value range due to our estimate hikes." https://research.sebgroup.com/corporate/reports/143472
8/10/2026, 9:44 AM
by R-o-E
12
NuWays: Target: 40 (Buy) → 42€ & Buy High quality beat, they say. Indeed, orders from weapons manufacturers were good and, in terms of visibility, a new development, although Bittium has, of course, talked about its involvement in things like iMugs programs. Customer decision-making...
8/10/2026, 7:54 AM
by Opa
10
Could it mean Faros as a whole, ever since the Mega Elektroniikka days?
8/27/2026, 8:09 AM
by ghoul
6
@Karoliina_Malmi The recent release claims that 600,000 units of Faro were sold. Did an extra zero slip into that figure? If the prices were even remotely in line with what can be found online—like the “thousand-euro bill” from Kummeli—then Medical’s revenue should have looked quite...
8/27/2026, 8:04 AM
by Jiitu
6
Kinnunen’s updated view on the company. The text also gives a “hold” recommendation for investors who can withstand volatility. We are raising Bittium’s target price to €36.0 (previously €32.0), but we reiterate our “reduce” recommendation. The Q2 report was excellent, but we believe...
8/10/2026, 6:42 AM
6
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10
2026

Business review Q3'26

Bittium indleder væsentlige spareforanstaltninger i Engineering Services-segmentet
Analyst Comment28.08.2026, 08.00 by
Juha Kinnunen

Bittium indleder væsentlige spareforanstaltninger i Engineering Services-segmentet

Besparelsesmålet på 2 MEUR for Engineering Services-segmentet, som er i en overgangsfase, er efter vores opfattelse overraskende stort.

Bittium
Ny pust til Bittiums Medical-segment med lanceringen af Faros Pro
Analyst Comment27.08.2026, 10.44 by
Juha Kinnunen

Ny pust til Bittiums Medical-segment med lanceringen af Faros Pro

Bittiums fornyede kardiologiske produkter udgør en vigtig vækstdriver for Medical-segmentet i de kommende år.

Bittium
Third party research10.08.2026, 08.14

Bittium: Q2 review - Blow out sales and order intake; PT UP - NuWays AG Research

Bittium printed an exceptional Q2. Sales grew 60.1% yoy to € 36.6m (eNuW: € 27.2m, eCons: €29.3m), a 25% beat vs consensus, on very strong Defense & Security (D&S) backlog conversion and product deliveries. D&S sales doubled yoy to € 28.7m (eNuW: € 19m...

Bittium

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Bittium Q2'26: Kun betydelige nye åbninger mangler
Research10.08.2026, 07.00 by
Juha Kinnunen

Bittium Q2'26: Kun betydelige nye åbninger mangler

Bittiums Q2-regnskab var fremragende, men en stigning på 36 % eller over 350 MEUR var efter vores mening overdrevet uden nye internationale åbninger. Guidance for 2026 forblev uændret, og vores operationelle estimater steg med cirka 10 %.

Bittium
Bittium Q2'26 - kort kommentar: Stærke forsvarsleverancer og -ordrer overgik forventningerne klart
Analyst Comment07.08.2026, 08.01 by
Juha Kinnunen

Bittium Q2'26 - kort kommentar: Stærke forsvarsleverancer og -ordrer overgik forventningerne klart

Den voldsomme vækst i forsvarsleverancer løftede EBIT til 8,1 MEUR og overgik klart vores forventninger.

Bittium
Bittium Oyj, Q2'26
Webcast07.08.2026, 08.00

Bittium Oyj, Q2'26

Bittium
Regulatory press release07.08.2026, 07.00

Bittium Oyj: Bittium Corporation's Half-Year Financial Report January-June 2026

Bittium
Regulatory press release07.08.2026, 07.00

Bittium Oyj: The Board of Directors of Bittium Corporation has decided on the distribution of extraordinary dividend

Bittium
Bittium Q2'26 preview: Signalet styrkes, men barren for resten af året er høj
Analyst Comment04.08.2026, 06.54 by
Juha Kinnunen

Bittium Q2'26 preview: Signalet styrkes, men barren for resten af året er høj

Vi forventer, at rentabiliteten forbedres betydeligt takket være forsvarsleverancer med høj margin og licensindtægter.

Bittium
Third party research31.07.2026, 08.36

Bittium Q2 preview: backlog supports growth, H2 has catalyst firepower - NuWays AG Research

Bittium will publish its H1'26 report on August 7. Publicly announced orders during Q2'26 totalled € 26.6m, the vast majority from FDF and set for delivery during FY26. Growth this year is still supported by the very strong order intake from December...

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Petri Hiljanen

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Teemu Hannula

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Niina Huikuri

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Erik Ahnger

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Kari Jokela

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Karoliina Malmi

Bittium
Regulatory press release01.07.2026, 14.15

Bittium Corporation - Managers' Transactions - Tommi Kangas

Bittium
Regulatory press release01.07.2026, 08.10

Bittium Oyj: Transfer of own shares based on the long-term incentive programme of Bittium Corporation

Bittium
Bittium modtager en Tough SDR-ordre på 14 MEUR fra Forsvaret
Analyst Comment12.06.2026, 06.52 by
Juha Kinnunen

Bittium modtager en Tough SDR-ordre på 14 MEUR fra Forsvaret

Forsvarets ordre på 14 MEUR mindsker usikkerheden og styrker vores tillid til de stærke vækstforventninger for 2026.

Bittium
Regulatory press release11.06.2026, 11.45

Inside information: Bittium Wireless Ltd, a subsidiary of Bittium Corporation, received a significant order from the Finnish Defence Forces for next-generation Bittium Tough SDR radios

Bittium