SSH Communications Security

2.04 EUR

+0.99 %

4,657 following

SSH1V

NASDAQ Helsinki

IT Services

Technology

Overview

Financials & Estimates

Investor consensus

+0.99 %

-16.73 %

-35.24 %

-31.31 %

-56.03 %

+79.74 %

+10.87 %

-23.02 %

-86.26 %

SSH Communications Security operates in the IT sector. The company specializes in the area of security solutions. The software solutions are delivered via the cloud-based system and are mainly focused on encryption, file management, as well as consulting and support for various IT environments. The operations are conducted on a global level with subsidiaries throughout Europe, North America and Asia. The headquarters are located in Helsinki.

Market cap

111.32M EUR

Turnover

81.11K EUR

P/E (adj.) (26e)

-49.09

EV/EBIT (adj.) (26e)

-127.07

EV/S (26e)

4.36

Dividend yield-% (26e)

-

Coverage

Recommendation

Sell

Target price

2.00 EUR

Updated

17.02.2026

Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 18.02.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

28.4

2026

Business review Q1'26

17.7

2026

Interim report Q2'26

28.10

2026

Business review Q3'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Regulatory press release3/26/2026, 2:00 PM

DECISIONS OF THE ANNUAL GENERAL MEETING OF SSH COMMUNICATIONS SECURITY CORPORATION

SSH Communications Security

SSH offentliggjorde et tilbagekøbstilbud på en del af sit hybridlån

Analyst Comment3/17/2026, 6:45 AM by

Roni Peuranheimo

SSH offentliggjorde et tilbagekøbstilbud på en del af sit hybridlån

SSH meddelte, at selskabet lancerer et frivilligt tilbagekøbstilbud på sit hybridlån, hvor selskabet foreslår at købe hybridlånet tilbage for et beløb på højst 6 MEUR.

SSH Communications Security

Regulatory press release3/16/2026, 12:00 PM

SSH Communications Security Corporation announces a voluntary tender offer of its outstanding convertible capital securities

SSH Communications Security

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Regulatory press release3/12/2026, 9:00 AM

SSH COMMUNICATIONS SECURITY CORPORATION’S ANNUAL REPORT 2025 HAS BEEN PUBLISHED

SSH Communications Security

Regulatory press release3/5/2026, 10:00 AM

NOTICE TO SSH COMMUNICATIONS SECURITY CORPORATIONS’ ANNUAL GENERAL MEETING

SSH Communications Security

Regulatory press release3/5/2026, 9:30 AM

SSH Communications Security Corporation’s Report of the Board of Directors and Financial Statements, Corporate Governance Statement and Remuneration Report 2025 published

SSH Communications Security

Regulatory press release2/25/2026, 9:30 AM

SHARE SUBSCRIPTIONS WITH SSH COMMUNICATIONS SECURITY CORPORATION'S STOCK OPTIONS

SSH Communications Security

Press release2/24/2026, 10:00 AM

Gartner® Market Guide for CPS Secure Remote Access Lists SSH Communications Security for PrivX® OT

SSH Communications Security

Press release2/19/2026, 12:41 PM

Redeye: SSH Communications Security (Q4 interview): Redeye speaks with CEO Rami Raulas

SSH Communications Security

Press release2/19/2026, 8:39 AM

Redeye: SSH (Q4 Review): 2026 – The Year for Growth

SSH Communications Security

Regulatory press release2/18/2026, 2:30 PM

SSH Communications Security Oyj - Managers' Transactions

SSH Communications Security

SSH Q4'25: Vækstforventningerne kunne godt bruge mere konkretisering

Research2/18/2026, 6:00 AM by

Roni Peuranheimo

SSH Q4'25: Vækstforventningerne kunne godt bruge mere konkretisering

SSH's Q4-regnskabsmeddelelse var stadig en smule svagere end vores estimater efter nedjusteringen, selvom svagheden primært skyldtes en engangslicenstransaktion.

SSH Communications Security

Press release2/17/2026, 8:07 AM

Redeye: SSH (Q4 Initial take): A softer quarter, as expected

SSH Communications Security

Regulatory press release2/17/2026, 7:00 AM

SSH COMMUNICATIONS SECURITY CORPORATION'S FINANCIAL STATEMENT RELEASE JANUARY 1 – DECEMBER 31, 2025

SSH Communications Security

Press release2/10/2026, 7:00 AM

INVITATION TO AN INVESTOR CALL ON SSH COMMUNICATIONS SECURITY CORPORATION'S FINANCIAL STATEMENT RELEASE, JANUARY 1 – DECEMBER 31, 2025

SSH Communications Security

SSH: Licenssalget var dystert i slutningen af året

Research1/16/2026, 6:00 AM by

Roni Peuranheimo

SSH: Licenssalget var dystert i slutningen af året

Vi har sænket vores estimater for 4. kvartal efter SSH's negative nedjustering, men vores estimater for de kommende år er stort set uændrede, da nedjusteringen skyldes en engangslicenstransaktion.

SSH Communications Security

Press release1/15/2026, 10:00 AM

SSH Communications Security Announces Two New Partnerships to Strengthen Cybersecurity Growth in Southeast Asia and Taiwan

SSH Communications Security

Regulatory press release1/9/2026, 8:00 AM

SSH Communications Security (“SSH”) strengthens capabilities for accelerated growth with renewed organizational model and appointment of a CPO (Chief Product Officer)

SSH Communications Security

Regulatory press release1/2/2026, 7:30 AM

Inside information, profit warning: SSH Communications Security Corporation lowers its 2025 net sales outlook, EBITDA and cash flow outlook unchanged

SSH Communications Security

Press release12/19/2025, 9:30 AM

Independent Report Names SSH’s PrivX OT a Strong Solution for Industrial Secure Remote Access (ISRA)

SSH Communications Security

Forum discussions

Tomorrow we’ll get to read SSH’s updates regarding the financial statements! The January report linked by Alokas above served as a preview, but the forecast table was only in the report itself, so I’m posting the table here as a reminder

2/16/2026, 8:28 AM

by Roni Peuranheimo

12

Inderes SSH COMMUNICATIONS SECURITY OYJ:N TILINPÄÄTÖSTIEDOTE 1.1. – 31.12.2025 - Inderes SSH Communications Security Oyj | Pörssitiedote | 17.02.2026 klo 09:00:00 EETKoko vuoden liikevaihto laski 2 %, kvartaalin ja koko vuoden käyttökate ja liiketoiminnan rahavirta positiivisetLoka...

2/17/2026, 7:41 AM

by Harvasepäivä

8

Roni has written a new company report on SSH after the Q4 results were released SSH’s Q4 was even slightly softer than our forecasts following the profit warning, although the weakness was mainly explained by a one-off license deal. The growth guidance was soft in terms of information...

2/18/2026, 6:39 AM

by Sijoittaja-alokas

6

Roni interviewed SSH CEO Rami Raulas regarding the Q4 results Inderes SSH Q4'25: Vuosi paketissa - Inderes Aika: 17.02.2026 klo 14.37 SSH:n liikevaihto laski vuoden viimeisellä kvartaalilla 21,1 %. Sijoittajia kiinnostava Leonardo‑yhteistyö eteni vuoden aikana ja siitä odotetaan ...

2/17/2026, 12:51 PM

by Sijoittaja-alokas

6

ssh.com SSH Pörssitiedotteet SSH Communications Security Oyj | Stock Exchange Release | Feb 17, 2026, at 09:00:00 EET Full-year net sales decreased 2%, quarterly and full-year EBITDA and operating cash flow were positive October–December 2025: ·Net sales were EUR 5.4 million (EUR...

2/17/2026, 7:40 AM

6

Sounds good Strategic partners for SSH from Asia | Kauppalehti

1/15/2026, 10:25 AM

6

Here is a fresh company report on SSH from Roni. We have lowered our Q4 forecasts following SSH’s negative profit warning, but our forecasts for the coming years remain largely unchanged as the warning was due to a one-off license deal. The most interesting aspect of the 2025 financial...

1/16/2026, 8:10 AM

by Sijoittaja-alokas

5

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