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Neste

21.69 EUR

-1.36 %

26,359 following

NESTE

NASDAQ Helsinki

Non-Renewable

Energy

Overview
Financials & Estimates
Investor consensus
Compare
-1.36 %
+11.75 %
+14.85 %
+18.52 %
+49.23 %
+66.02 %
-52.37 %
-64.18 %
+302.16 %

Neste produces transport fuel and renewable fuels. Today, the largest operations and extraction are held in the Nordic market, where the company is active in the entire value chain, from extraction to delivery to port depots. In addition, the opportunity is given for direct sales where customers can pick up fuel at selected stations. The largest market is in the Nordic region, and the company is headquartered in Espoo, Finland.

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Market cap
16.68B EUR
Turnover
7.97M EUR
P/E (adj.) (25e)
51.47
EV/EBIT (adj.) (25e)
35.77
P/B (25e)
2.25
EV/S (25e)
1.12
Dividend yield-% (25e)
0.92 %
Coverage
Recommendation
Reduce
Target price
18.00 EUR
Updated
29.10.2025
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 30.10.2025

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
5.2
2026

Annual report '25

25.3
2026

General meeting '26

29.4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types
Neste Financial Statements for fiscal 2025
Webcast2/5/2026, 1:00 PM

Neste Financial Statements for fiscal 2025

Neste
Regulatory press release12/19/2025, 10:00 AM

Proposals of the Shareholders' Nomination Board to Neste's Annual General Meeting

Neste
Regulatory press release12/10/2025, 12:45 PM

Neste's Board of Directors decided on a new plan period within the share-based long-term incentive scheme for key employees

Neste

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Neste Q3’25: Still a long road ahead13:23
Video11/6/2025, 11:59 AM by
Petri Gostowski, Isa Hudd

Neste Q3’25: Still a long road ahead

Neste exceeded estimates in Q3 and there is finally a glimpse of light at the end of the tunnel.

Neste
Regulatory press release10/31/2025, 2:30 PM

Neste Corporation - Managers' Transactions, Malinen (receipt of a share-based incentive or remuneration)

Neste
Regulatory press release10/31/2025, 2:00 PM

Neste: Transfer of own shares as a directed share issue based on share-based incentive plan

Neste
Neste Q3'25: Oil Products drove earnings above expectations
Research10/30/2025, 11:40 AM by
Petri Gostowski

Neste Q3'25: Oil Products drove earnings above expectations

The high refining margin in the Oil Products segment drove Neste's Q3 result clearly above our estimates.

Neste
Neste Interim Report January-September 2025
Webcast10/29/2025, 1:00 PM

Neste Interim Report January-September 2025

Neste
Regulatory press release10/29/2025, 7:00 AM

Neste's Interim report for January-September 2025

Neste
Neste Q3'25 preview: Strength in the European market
Research10/28/2025, 8:05 AM by
Petri Gostowski

Neste Q3'25 preview: Strength in the European market

Neste will publish its Q3 report on Wednesday at around 9.00 am EET.

Neste
Regulatory press release9/22/2025, 6:45 AM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release9/22/2025, 6:40 AM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release9/16/2025, 6:00 AM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release9/9/2025, 6:45 AM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release9/1/2025, 5:00 PM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release8/26/2025, 7:30 AM

Neste: Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste
Regulatory press release8/20/2025, 6:00 AM

Neste's financial reporting in 2026

Neste
Neste Q2'25: Renewables surprised, overcapacity still looms
Research7/25/2025, 7:27 AM by
Petri Gostowski

Neste Q2'25: Renewables surprised, overcapacity still looms

The Renewable Products segment's better-than-expected result had Neste's Q2 result exceeding our forecast. Against this backdrop and the upward trend in market development, we made positive estimate revisions for the coming years. In our view, the risks associated with the company's elevated indebtedness have decreased following the estimate revisions. Despite recent developments, we believe that the medium-term market outlook is still subject to considerable uncertainty, reflecting the overcapacity situation.

Neste
Neste Half Year Financial Report January-June 2025
Webcast7/24/2025, 12:00 PM

Neste Half Year Financial Report January-June 2025

Neste
Regulatory press release7/24/2025, 6:00 AM

Neste's half-year financial report for January-June 2025

Neste
Forum discussions
In Kauppalehti today 22.1.2026 Nordea: Raises Neste’s target price to 24.00 euros (prev. 22.00 euros) and reiterates its buy recommendation
1/22/2026, 6:24 AM
by Index
40
Target price changes picked from Kauppalehti: “Morgan Stanley upgrades Neste’s recommendation to Overweight (prev. Hold), target price raised to 25.00 euros (prev. 18.80 euros)” “Goldman Sachs upgrades Neste’s recommendation to Buy (prev. Hold), target price raised to 24.00 euros...
yesterday
by Montau
35
Degiro gives a little more info re assumptions on Q4 expectations: “ Goldman Sachs and Morgan Stanley raise ratings for Neste , expecting increasing prices for renewable fuels to boost the Finnish fuel maker’s results GS raises Neste to “buy” from “neutral”, estimating the company...
yesterday
by UK-LTU
29
A moment ago, Kauppalehti published a news story concerning Neste (paywall, Neste vauhdissa tulosraportin alla – Morgan Stanley: Edellytykset yhä markkinoita parempaan suoritukseen | Kauppalehti). A short quote from the article: ”According to Morgan Stanley analyst Alice Winograd...
yesterday
by Koala
26
Others are steadily raising their target prices and recommendations. When will @Petri_Gostowski provide a new update on Inderes’ view?
1/23/2026, 9:53 AM
by JarkkoH
13
@JarkkoH The timing for updating views is not disclosed in advance. @Petri_Gostowski can correct me, but some broad expressions may have been used in these responses at times, e.g., “in the near future” etc., but the exact time when a new report is released is (naturally) not disclosed...
1/23/2026, 11:57 AM
by Johannes Sippola
11
Exactly as you wrote, @Johannes_Sippola
1/23/2026, 12:37 PM
by Petri Gostowski
8
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