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Fortum

23.77 EUR+1.49 %28.9, 17.29
30,198 following

FORTUM

NASDAQ Helsinki

Multi

Energy

Overview
Financials & Estimates
Dividend
Investor views
Compare
+1.49 %
+17.09 %
+21.46 %
+13.84 %
+30.75 %
+52.81 %
+111.38 %
-9.45 %
+318.14 %

Fortum is active in the energy sector. In addition to the provision of electricity, a number of technical solutions are offered in heat optimization as well as apps that are used to keep track of energy consumption. The company also provides charging stations for electric cars. The largest activity is found around the Nordic market. The company was founded in 1998 and is headquartered in Espoo.

Read more
Market cap
21.33B EUR
Turnover
23.94M EUR
P/E (adj.) (26e)
23.15
EV/EBIT (adj.) (26e)
18.78
P/B (26e)
2.41
EV/S (26e)
3.93
Dividend yield-% (26e)
3.89 %
Coverage
Recommendation
Reduce
Target price
22.00 EUR
Updated
28.09.2026
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 28.09.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
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Valuation risk
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Forum discussions
Here are Pauli’s comments regarding the Elmera takeover bid \n\nFortum: Elmera-ostotarjouksen minimihyväksyntärajan saavuttaminen lähellä - Inderes
9/22/2026, 5:16 AM
by Sijoittaja-alokas
9
Yesterday was the deadline for submitting preliminary purchase offers for Uniper to the German state. The Czech EP Group has targeted its offer at the entire company, including Swedish hydro and nuclear power, regarding which Fortum has a right of first refusal to make a purchase...
9/22/2026, 8:10 PM
by PörssiPatruuna
8
Tässä on Juhan kommentit siitä, miten Elmera-yritysosto oli tapahtumassa. Inderes – 28 Sep 26 Fortum: Elmera-yritysosto toteutumassa - Inderes Toteutuminen on odotettua ja auttaa kasvattamaan vähittäisliiketoiminnan skaalaa.
12 hours ago
by Sijoittaja-alokas
6
These recommendations are funny. Regardless of individual deals, etc., Fortum is not in some bubble of its own where it alone benefits from a potential rise in electricity prices. Many other companies also have good momentum, but apparently, some want to pump up Fortum’s recommendations...
9/22/2026, 6:27 AM
by Gadus
6
DNB Carnegie raises Fortum’s target price to 27 euros (previously 20.40 euros) and upgrades its recommendation to buy (previously hold)
9/22/2026, 5:02 AM
by VahvaRupla
6
[quote="Gadus, post:8249, topic:886"]\nIt is probably also worth considering how the rise in interest levels will affect valuation multiples. Energy companies have traditionally been sensitive to this, and especially across the pond, valuation multiples have come down recently regardless...
9/22/2026, 7:54 AM
by akka
5
A little tinkering for a quiet day. The Finnish energy company Fortum, through its innovation and venture capital investment activities, is investing in Norrsken Evolve’s €62 million fund, which has raised more capital than its target. Tech.eu reported on the matter. The fund invests...
9/25/2026, 1:38 PM
by VahvaRupla
4
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
28.10
2026

Interim report Q3'26

2.2
2027

Annual report '26

31.3
2027

General meeting '27

Fortum: Datacentre skaber liv i elmarkedet
Research28.09.2026, 19.16 by
Pauli Lohi

Fortum: Datacentre skaber liv i elmarkedet

Elprisen kommer til at stige, men aktiekursen indregner allerede for meget.

Fortum
Fortum: Elmera-opkøb på vej til at blive gennemført
Analyst Comment28.09.2026, 07.40 by
Pauli Lohi

Fortum: Elmera-opkøb på vej til at blive gennemført

Udførelsen er forventet og hjælper med at øge skalaen i detailforretningen.

Fortum
Regulatory press release25.09.2026, 12.20

90% Minimum Acceptance condition satisfied for Fortum's recommended voluntary cash tender offer for Elmera Group ASA

Fortum

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Analyst Comment22.09.2026, 06.45 by
Pauli Lohi

Fortum: Nåcete af minimumacceptgrænsen for Elmera-købstilbuddet er tæt på

Købstilbuddet ser ud til at blive vedtaget.

Fortum
Regulatory press release21.09.2026, 08.00

Update on acceptances of Fortum's recommended voluntary cash tender offer for Elmera Group ASA

Fortum
Regulatory press release18.09.2026, 16.00

Fortum extends offer period for recommended voluntary cash tender offer for Elmera Group ASA

Fortum
Regulatory press release17.09.2026, 12.15

Fortum to launch the savings period for 2027 under its employee share savings programme

Fortum
Regulatory press release17.09.2026, 12.00

Fortum's financial calendar in 2027

Fortum
Analyst Comment14.09.2026, 06.51

Børsaktionærens uge | Industri & Ingeniørvirksomheder 11.9.2026

Præsentationerne fra Børsinvestoruquens traditonsrige Industri & Ingeniørvirksomheder-dag kan ses på inderesTV.

FortumEnersense InternationalMetsä BoardEndomines FinlandOutokumpuKalmarKoneMetso
Fortum og Google: Et klarere indtjeningsbillede som søgeresultat
Analyst Comment10.09.2026, 06.30 by
Juha Kinnunen

Fortum og Google: Et klarere indtjeningsbillede som søgeresultat

Aftalen vil efter anslags vækste EBIT med over 125 MEUR/år, men de afledte effekter kan være større.

Fortum
Regulatory press release09.09.2026, 09.00

Inside information: Fortum and Google partner to drive sustainable growth for Finland - sign nuclear Power Purchase Agreement

Fortum
Regulatory press release03.09.2026, 08.00

Fortum has received clearance of regulatory approvals for the recommended voluntary cash tender offer for Elmera ASA

Fortum
Fortum lancerede et købstilbud på 450 MEUR på Elmera
Analyst Comment24.08.2026, 07.24 by
Juha Kinnunen

Fortum lancerede et købstilbud på 450 MEUR på Elmera

Fortums købstilbud på 450 MEUR på Elmera er blevet lanceret.

Fortum
Regulatory press release21.08.2026, 08.00

Fortum launches recommended voluntary cash tender offer to the shareholders of Elmera Group ASA and offer period commences

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Markus Rauramo

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Karin Svenske Nyberg

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Tiina Tuomela

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Petra Lundström

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Peter Strannegård

Fortum
Regulatory press release23.07.2026, 16.00

Fortum Corporation: Managers' transactions - Nebahat Albayrak

Fortum