Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Short SellingSee which listed companies have disclosed short interest
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
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.

Finnair

4.32 EUR+0.19 %16.10, 17.29
13,506 following

FIA1S

NASDAQ Helsinki

Transport & Logistics

Industrials

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
+0.19 %
-0.78 %
-10.96 %
+42.92 %
+37.56 %
+56.03 %
-25.37 %
-60.13 %
-73.38 %

Finnair is a Finnish airline. The company offers a wide range of destinations to and from Europe, and to a large part of the world's continents. The flights are mainly found around the Nordic countries, Europe and Asia. In addition to regular flights, long-haul flights are offered. The company was founded in 1923 and is headquartered in Vantaa, Finland.

Read more
Market cap
885.45M EUR
Turnover
331.52K EUR
P/E (adj.) (26e)
8.24
EV/EBIT (adj.) (26e)
8.09
P/B (26e)
1.2
EV/S (26e)
0.45
Dividend yield-% (26e)
2.55 %
Coverage
Recommendation
Sell
Target price
3.80 EUR
Updated
14.10.2026
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 14.10.2026

Latest extensive report

Released: 17.06.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Summer greetings from us at Finnair too! A brief summary of yesterday’s Q2 report, along with the Q&A regarding it, can be found in the form of a blog post here. The blog covers, among other things, how to interpret the guidance, what the demand situation and fuel availability look...
7/23/2026, 7:35 AM
by Emilia Rannanniemi
7
Positive profit warning from Finnair. Inderes Sisäpiiritieto, positiivinen tulosvaroitus: Finnair nostaa vuoden 2026... Finnair Oyj Sisäpiiritieto 13.10.2026 klo 09.00Finnair nostaa koko vuoden 2026 liikevaihtoa ja vertailukelpoista liiketulosta koskevaa ohjeistustaan. Matkustuskysynt...
10/13/2026, 6:04 AM
by KuHa
6
I was actually just about to announce this, so yes. Finnair was actually pretty much in Kaisa’s hands already this year, and after she left, we concluded that this could indeed fit into my consumer sector coverage. Antti has his hands full with other coverage and his duties as chief...
10/8/2026, 5:34 AM
by Rauli_Juva
6
The Q3 figures were expectedly strong, but the updated earnings guidance—i.e., adj. EBIT of EUR 175–220 million—is surprisingly positive for Q4, though the range remains quite wide for a single quarter. The midpoint is still about EUR 5 million above our forecast. As for next year...
10/13/2026, 6:28 AM
by Rauli_Juva
2
Rauli has published a new company report following Finnair’s positive profit warning Finnair released preliminary Q3 figures and raised its 2026 guidance, both of which were close to our previous expectations. As a result, forecast revisions were minor. We still forecast that next...
10/14/2026, 5:10 AM
by Sijoittaja-alokas
1
Has @Rauli_Juva completely replaced @Antti_Viljakainen as the Finnair analyst!? Makes sense in a way, since it deals with consumers. Might have to buy some of this too, given that I already own Rauli’s other slow-grinding laggard stocks, so I can come and ask around in this thread...
10/8/2026, 5:27 AM
by NukkeNukuttaja
1
Rauli Juva has published a new company report on Finnair. Finnair’s strong performance continued in Q3, and we believe its full-year figures will end up at the upper end of the guidance ranges or exceed them. However, we have significantly lowered our forecast for next year and expect...
10/8/2026, 5:06 AM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27.10
2026

Interim report Q3'26

Finnair: Strong 2026 progress as expected; headwinds next year
Research14.10.2026, 09.43 by
Rauli Juva

Finnair: Strong 2026 progress as expected; headwinds next year

Finnair raised its guidance for 2026, but forecasts next year's earnings to decrease significantly, which makes the share's valuation high.

Finnair
Regulatory press release13.10.2026, 08.00

Insider information, positive profit warning: Finnair raises its guidance for 2026, and provides preliminary information on the third quarter 2026 results

Finnair
Finnair: Q3 looks strong, but next year will be tougher
Research08.10.2026, 11.53 by
Rauli Juva

Finnair: Q3 looks strong, but next year will be tougher

Finnair's development has remained strong in Q3, and we believe its full-year figures will reach the upper end of the guidance ranges or surpass them.

Finnair

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
Finnairs efterspørgsel har fortsat med at være god, brændstof giver omkostningspres
Analyst Comment29.09.2026, 06.45 by
Rauli Juva, Antti Viljakainen

Finnairs efterspørgsel har fortsat med at være god, brændstof giver omkostningspres

Omsætningsudviklingen i juli-august har groft set været som forventet af vores estimater.

Finnair
Finnair: Trafikdata var en smule svagere end vores forventninger i august
Analyst Comment09.09.2026, 06.40 by
Antti Viljakainen, Kaisa Vanha-Perttula

Finnair: Trafikdata var en smule svagere end vores forventninger i august

Volumenesvikten og passagerbelægningen var svagere end vores estimater, men den stærke vækst i enhedens indtægter understøttede omsætningen.

Finnair
Press release08.09.2026, 08.00

Finnair Traffic Performance in August 2026

Finnair
Regulatory press release18.08.2026, 08.00

Changes in Finnair's Executive Board

Finnair
Finnair: Trafikdata for juli var cirka som forventet
Analyst Comment10.08.2026, 07.52 by
Kaisa Vanha-Perttula

Finnair: Trafikdata for juli var cirka som forventet

Volumenudviklingen var lidt stærkere end vores forventninger, mens passagertilfredsheden svarede til vores estimat.

Finnair
Press release07.08.2026, 08.00

Finnair Traffic Performance in July 2026

Finnair
Regulatory press release24.07.2026, 08.00

Pia Aaltonen-Forsell to leave Finnair, Jussi Siitonen appointed Finnair's CFO

Finnair
Finnair Q2'26: Record earnings in an exceptional market situation
Research23.07.2026, 09.37 by
Antti Viljakainen, Kaisa Vanha-Perttula

Finnair Q2'26: Record earnings in an exceptional market situation

Finnair achieved its best Q2 earnings in its history in the second quarter, driven by strong unit revenues.

Finnair
Finnair’s half-year report for January–June 2026
Webcast22.07.2026, 12.00

Finnair’s half-year report for January–June 2026

Finnair
Regulatory press release22.07.2026, 08.05

The Board of Directors of Finnair decided on new plan periods for the company's share-based long-term incentive plans

Finnair
Regulatory press release22.07.2026, 08.00

Finnair Group Half-year Report 1 January-30 June 2026

Finnair
Finnair Q2'26 preview: Strong traffic data supports clear earnings improvement
Research21.07.2026, 09.17 by
Antti Viljakainen, Kaisa Vanha-Perttula

Finnair Q2'26 preview: Strong traffic data supports clear earnings improvement

We estimate that the operational result improved significantly from the comparison period and rose to an excellent level due to high revenue.

Finnair
Press release15.07.2026, 09.00

Finnair to publish its half-year report for January-June 2026 on 22 July 2026

Finnair
Finnair: Juni måneds volumen og udvikling i enhedsindtægter var mere positiv end forventet
Analyst Comment08.07.2026, 06.30 by
Petri Gostowski

Finnair: Juni måneds volumen og udvikling i enhedsindtægter var mere positiv end forventet

Finnairs trafikrapport for juni var samlet set bedre end vores forventninger på grund af volumenudviklingen og især enhedsindtægterne.

Finnair
Press release07.07.2026, 08.00

Finnair Traffic Performance in June 2026

Finnair
Finnair: Opkald forud for den stille periode bekræftede, at efterspørgslen fortsat er god
Analyst Comment30.06.2026, 06.45 by
Kaisa Vanha-Perttula

Finnair: Opkald forud for den stille periode bekræftede, at efterspørgslen fortsat er god

Efterspørgslen ser ud til at have holdt sig på et forventet godt niveau, og selskabet har ifølge dem selv været i stand til at kompensere for omkostningspresset, i hvert fald delvist, gennem prissætning.

Finnair
Press release22.06.2026, 12.00

Invitation: Finnair pre-silent call Q2 2026

Finnair