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.

Fortum

23.19 EUR-0.39 %6.11, 17.29
30,384 following

FORTUM

NASDAQ Helsinki

Multi

Energy

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
-0.39 %
-1.24 %
+19.05 %
+9.96 %
+27.56 %
+16.77 %
+91.89 %
-10.60 %
+307.93 %

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
20.81B EUR
Turnover
16M EUR
P/E (adj.) (26e)
24.11
EV/EBIT (adj.) (26e)
20
P/B (26e)
2.38
EV/S (26e)
3.67
Dividend yield-% (26e)
3.73 %
Coverage
Recommendation
Reduce
Target price
22.00 EUR
Updated
29.10.2026
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 29.10.2026

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

Forum discussions
A project by Fortum’s associated company took a step forward. The actual final investment decision is possibly expected towards the end of next year. This Kokkola conglomerate is of such a scale that its electricity consumption alone would be about a tenth of Finland’s current total...
10/8/2026, 5:44 AM
by PörssiPatruuna
20
Fortum_tammi-syyskuun_2026_osavuosikatsaus July–September 2026 • Comparable EBITDA was EUR 182 (175) million. • Comparable operating profit was EUR 102 (97) million, supported by higher nuclear power generation volumes. • Operating profit was EUR 72 (60) million. • Comparable earnings...
10/28/2026, 9:00 AM
by Kumiorava
12
Those divestments (and the sale of Caruna) happened back when the company was investing in Russia and Uniper, so times were different. Nowadays, you can also increasingly sink electricity and waste heat from data centers into district heating, meaning potential synergies: first you...
10/30/2026, 6:36 PM
by Ilkka
10
Fortum has publicly stated that it is interested in expanding its district heating and cooling operations. Both through acquisitions and by utilizing waste heat from data centers. The best acquisition targets would be those where district heating operations could be electrified and...
10/30/2026, 7:07 PM
by PörssiPatruuna
8
Analyst comments following Fortum’s Q3 results. Inderes – 29 Oct 26 Fortum Q3'26: Nousujohteinen näkymä ennallaan - Inderes Markkina hinnoittelee jo osakkeeseen voimakasta nousua sähkön myyntihinnoissa.
10/29/2026, 7:17 AM
by KuHa
8
News Powered by Cision Fortumista Elmera Group ASA:n enemmistöomistaja FORTUM OYJ PÖRSSITIEDOTE 23.10.2026 KLO 9.00 EI JULKISTETTAVAKSI TAI LEVITETTÄVÄKSI, KOKONAAN Fortum has today completed the voluntary cash tender offer for all issued and outstanding shares in Elmera Group ASA...
10/23/2026, 6:07 AM
by Cadel
8
Here is Pauli’s preview ahead of Fortum reporting its Q3 results next Wednesday. We expect the company’s third-quarter earnings to remain rather subdued, partly due to low electricity hedge prices. In the big picture, interest naturally centers on the long-term electricity price ...
10/21/2026, 3:47 PM
by Sijoittaja-alokas
7
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
2.2
2027

Annual report '26

31.3
2027

General meeting '27

28.4
2027

Interim report Q1'27

Regulatory press release06.11.2026, 16.30

Fortum announces the delisting of Elmera from Euronext Oslo Børs

Fortum
Regulatory press release30.10.2026, 17.20

Fortum carried out a compulsory acquisition of the remaining shares in Elmera Group ASA and owns 100% of the company

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Nebahat Albayrak-Edgar

Fortum

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 release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Simon-Erik Ollus

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Peter Strannegård

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Mikael Lemström

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Petra Lundström

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Kati Levoranta

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Tiina Tuomela

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Karin Svenske Nyberg

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Mikael Rönnblad

Fortum
Regulatory press release30.10.2026, 16.00

Fortum Corporation: Managers' transactions - Markus Rauramo

Fortum
Fortum Q3'26: Positiv udvikling i udsigterne uændret
Research29.10.2026, 07.49
by Pauli Lohi

Fortum Q3'26: Positiv udvikling i udsigterne uændret

Markedet indregner allerede en kraftig stigning i elpriserne i aktien.

Fortum
Fortum, Webcast, Q3'26
Webcast28.10.2026, 10.00

Fortum, Webcast, Q3'26

Fortum
Regulatory press release28.10.2026, 08.00

Fortum January-September 2026 Interim Report: Fortum signed its largest-ever PPA - comparable operating profit increased in the third quarter

Fortum
Regulatory press release23.10.2026, 08.00

Fortum becomes the majority owner of Elmera Group ASA

Fortum
Fortum Q3'26 preview: Lav elpris har bremset indtjeningsvæksten
Analyst Comment21.10.2026, 06.50
by Pauli Lohi

Fortum Q3'26 preview: Lav elpris har bremset indtjeningsvæksten

Investorerne retter blikket mod prisudsigterne på længere sigt.

Fortum
Press release14.10.2026, 13.30

Fortum will publish its January-September 2026 Interim Report on 28 October 2026

Fortum
Regulatory press release02.10.2026, 19.00

Fortum announces settlement and results of its recommended voluntary cash tender offer for Elmera Group ASA

Fortum
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