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SSH Communications Security

3.06 EUR

+2.68 %

4,650 following
Corporate customer

SSH1V

NASDAQ Helsinki

IT Services

Technology

Overview
Financials & Estimates
Investor consensus
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+2.68 %
-2.86 %
+3.03 %
-20.93 %
+44.34 %
+182.03 %
+47.83 %
+63.64 %
-79.39 %

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.

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Market cap
166.9M EUR
Turnover
122.41K EUR
P/E (adj.) (25e)
-24.29
EV/EBIT (adj.) (25e)
-97.09
EV/S (25e)
7.71
Dividend yield-% (25e)
-
Coverage
Recommendation
Sell
Target price
2.00 EUR
Updated
15.01.2026
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 16.01.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
17.2
2026

Annual report '25

26.3
2026

General meeting '26

28.4
2026

Business review Q1'26

Risk
Business risk
Valuation risk
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ShowingAll content types
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

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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
Regulatory press release12/10/2025, 1:00 PM

SHARE SUBSCRIPTIONS WITH SSH COMMUNICATIONS SECURITY CORPORATION´S STOCK OPTIONS

SSH Communications Security
Regulatory press release11/27/2025, 12:00 PM

SSH Communications Security Oyj - Managers' Transactions

SSH Communications Security
Regulatory press release11/26/2025, 11:30 AM

SSH Communications Security Oyj - Managers' Transactions

SSH Communications Security
Press release10/27/2025, 1:21 PM

Redeye: SSH (Q3 Review) - Growth Authenticated

SSH Communications Security
Regulatory press release10/24/2025, 1:00 PM

SSH Communications Security Oyj - Managers' Transactions

SSH Communications Security
Regulatory press release10/24/2025, 11:15 AM

FLAGGING NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

SSH Communications Security
Regulatory press release10/24/2025, 11:15 AM

FLAGGING NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

SSH Communications Security
Regulatory press release10/24/2025, 11:15 AM

FLAGGING NOTIFICATION UNDER CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

SSH Communications Security
Regulatory press release10/24/2025, 6:00 AM

SSH COMMUNICATIONS SECURITY PUBLISHES AN EXEMPTION DOCUMENT RELATING TO ITS DIRECTED SHARE ISSUE TO LEONARDO AND APPLIES FOR THE LISTING OF THE NEW SHARES

SSH Communications Security
SSH's Capital Markets Day 2025
Webcast10/23/2025, 10:00 AM

SSH's Capital Markets Day 2025

We are pleased to invite you to SSH's Capital Markets Day, where we will present our key priorities for the next years. The event will include presentations by our leadership team and other key personnel as well as our strategic partner Leonardo S.p.A.

SSH Communications Security
Regulatory press release10/23/2025, 6:00 AM

SSH COMMUNICATIONS SECURITY CORPORATION'S BUSINESS REVIEW JULY - SEPTEMBER 2025 (Q3/25)

SSH Communications Security
Press release10/22/2025, 12:00 PM

SSH Communications Security Recognized as a Leader in all Categories in KuppingerCole’s 2025 Secure OT Access Report

SSH Communications Security
Regulatory press release10/21/2025, 12:30 PM

DIRECTED SHARE ISSUE TO LEONARDO HAS BEEN COMPLETED AND THE STRATEGIC COOPERATION AGREEMENT BETWEEN SSH COMMUNICATIONS SECURITY AND LEONARDO HAS ENTERED INTO FORCE

SSH Communications Security
Press release10/21/2025, 9:00 AM

SSH Communications Security Brings Encrypted, Data-Sovereign Meetings to Microsoft Outlook

SSH Communications Security
Press release10/16/2025, 6:00 AM

INVITATION TO AN INVESTOR CALL ON SSH COMMUNICATIONS SECURITY CORPORATION'S BUSINESS REVIEW, JULY 1 – SEPTEMBER 30, 2025

SSH Communications Security
Forum discussions
I mean, excuse me, but does this smell a bit like talk? That deals are left unsigned because there’s no time to close them when Leonardo’s people need to be trained?! I’m willing to believe that sales resources have been temporarily reduced, but certainly not that it would have any...
1/2/2026, 1:42 PM
by ljkangas
25
Negative profit warnings come and go, and that’s nothing new. But what makes this warning feel more pathetic is that only a couple of months ago, the CEO was criticizing analysts for not giving the company the valuation it “deserves.” A positive profit warning alongside that criticism...
1/5/2026, 7:17 AM
by Divinesia
18
Jorma Erkkilä - Salkunrakentaja Profit-warner SSH believes in the potential of the Leonardo agreement – Chairman of the Board at odds with research firm Cybersecurity company SSH has not yet fulfilled the expectations associated with the Leonardo agreement. SalkunRakentaja – 3 Jan...
1/4/2026, 8:45 PM
by TO
8
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
Wasn’t it the Chairman of the Board and the head of the fund holding the second-largest stake who made the comments, not the CEO?
1/5/2026, 9:53 AM
by StockTycoon
4
Acceptable, but it’s hard to gauge how valuable those contracts actually are.
1/15/2026, 10:35 AM
by Julius88
3
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