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Qt Group

34.94 EUR+2.28 %14.8, 17.29
16,818 following

QTCOM

NASDAQ Helsinki

Software

Technology

Overview
Financials & Estimates
Dividend
Investor consensus
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+2.28 %
+42.15 %
+69.12 %
+38.65 %
+6.07 %
-24.50 %
-40.84 %
-75.15 %
+776.79 %

QT Group operates in the IT sector. The group develops various development tools for the global market. The technology is based on QT technology and is used to develop multi-platform interfaces and associated applications. The services are used in, among other things, industrial robots, entertainment systems, and vehicle systems. Operations are conducted on a global level and customers are found in the automotive and aerospace industries.

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Market cap
889.93M EUR
Turnover
5.3M EUR
P/E (adj.) (26e)
22.84
EV/EBIT (adj.) (26e)
18.16
EV/S (26e)
3.98
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
38.00 EUR
Updated
07.08.2026
Disclaimer
Atte Riikola
Antti Luiro
Antti Luiro, Atte Riikola
Show more
Latest research

Latest analysis report

Released: 07.08.2026

Latest extensive report

Released: 14.09.2020

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
Valuation risk
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Forum discussions
Verneri interviewed Antti about how things are going at Qt Topics: 00:00 Is there light at the end of the tunnel yet 03:25 Cyclicality 04:45 Strategic position 06:06 The threat of AI 12:15 Organic growth
8/13/2026, 12:31 PM
by Sijoittaja-alokas
29
I am considerably more optimistic about the outlook for the next 1.5 years. Admittedly, I went “all in” at the 18–22 euro levels, so I am a bit biased. Here is my own summary of the positive drivers. Nothing new here, of course, if you have been reading the reports closely. In my...
8/8/2026, 7:59 AM
by Teemi
28
Growth expectations stem from the fact that, by all accounts, sales of development licenses increased. This should also be reflected in distribution licenses in the coming years. As for the expectation of increased profitability, it comes mainly from the 20 million [euro] cost-saving...
8/7/2026, 12:06 PM
by Fundamies
16
Now that I’ve taken a closer look at the Q2 2026 earnings report, my rough estimate is that revenue from Qt’s “legacy” development tools—that is, excluding IAR—grew by approximately 24–25% year-over-year in Q2. It’s true that you can’t draw too many long-term conclusions from a single...
8/9/2026, 7:44 AM
14
Are you taking into account IAR’s SaaS transition? The pricing model was changed this year, so it will take a while for IAR to reach the revenue level seen at the time of purchase. For this year, IAR is therefore contributing lower revenue and high costs, which weakens not only the...
8/7/2026, 12:03 PM
13
That improvement in profitability in Inderes’ forecasts seems to be primarily driven by personnel costs. There have been cooperation negotiations (YT) and synergy-related efforts following the integration. I, for one, am very skeptical that personnel expenses will decrease by 9 percentage...
8/7/2026, 11:56 AM
by Pörssi-Petteri
10
I agree about the integration; it requires skill and patience. On the other hand, cost-cutting and change negotiations can even improve the atmosphere and culture, because in a company that has grown long and fast, it’s easy for 5% of the staff to be people whose departure is positive...
8/8/2026, 8:24 AM
by Gadua Morhua
7
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Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10
2026

Interim report Q3'26

Qt Group Q2'26: Markedet begynder at røre på sig
Research07.08.2026, 06.30 by
Antti Luiro, Atte Riikola

Qt Group Q2'26: Markedet begynder at røre på sig

Q2-regnskabet overgik vores forventninger og indikerer, at modvinden på markedet gradvist aftager.

Qt Group
Qt, Webcast, Q2'26
Webcast06.08.2026, 09.00

Qt, Webcast, Q2'26

Qt Group
Qt Group Q2'26 - hurtig kommentar: Retningen forbedres hurtigere end forventet
Analyst Comment06.08.2026, 08.06 by
Antti Luiro, Atte Riikola

Qt Group Q2'26 - hurtig kommentar: Retningen forbedres hurtigere end forventet

Med omsætningsvæksten var kvartalet klart stærkere end vores forventninger.

Qt Group

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Regulatory press release06.08.2026, 07.00

Qt Group Plc: Half-Year Report January – June 2026

Qt Group
Qt Group Q2'26 preview: Indtjeningsvæksten fortsætter med at være midlertidig et stykke tid endnu
Analyst Comment05.08.2026, 07.58 by
Antti Luiro, Atte Riikola

Qt Group Q2'26 preview: Indtjeningsvæksten fortsætter med at være midlertidig et stykke tid endnu

Vi forventer, at selskabets omsætning er vokset, men at den organiske performance fortsat er beskeden, tynget af en svagere markedssituation.

Qt Group
Press release03.08.2026, 13.30

Modular Finance IR Consensus: Qt Group – Consensus estimates Q2 2026

Qt Group
Press release23.07.2026, 12.00

Publishing of Qt Group’s Half-Year Report on August 6, 2026

Qt Group
Regulatory press release17.06.2026, 13.20

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release15.06.2026, 15.50

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release08.06.2026, 15.15

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Qt's restruktureringsforhandlinger i Finland er afsluttet
Analyst Comment05.06.2026, 07.34 by
Antti Luiro

Qt's restruktureringsforhandlinger i Finland er afsluttet

Restruktureringsforhandlingerne endte med en reduktion på 56 medarbejdere, hvilket skærer en femtedel af selskabets personale i Finland.

Qt Group
Regulatory press release04.06.2026, 18.22

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release04.06.2026, 18.20

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release21.05.2026, 18.01

Qt Group Plc: Managers' Transactions – Robert Ingman

Qt Group
Regulatory press release21.05.2026, 18.00

Qt Group Plc: Managers' Transactions – Ingman Development Oy Ab

Qt Group
Regulatory press release18.05.2026, 15.45

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Qt Group Q1'26: Aktien handles stadig med frygt i front
Research15.05.2026, 07.57 by
Antti Luiro

Qt Group Q1'26: Aktien handles stadig med frygt i front

Frygten for kunstig intelligens handles efter vores mening stadig for meget ind i aktien.

Qt Group
Regulatory press release15.05.2026, 07.01

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release15.05.2026, 07.00

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group
Regulatory press release14.05.2026, 20.20

Correction: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Qt Group