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Solar Foods

5.18 EUR

+9.05 %

Less than 1K followers

SFOODS

First North Finland

Food Producers

Consumer Goods & Services

Overview
Financials & Estimates
Investor consensus
Compare
+9.05 %
+2.37 %
+16.80 %
+10.80 %
+4.86 %
-6.33 %
-
-
-56.10 %

Solar Foods established in 2017 is a global leader in sustainable protein production, solving the global food production problem by offering a completely new alternative to existing animal and plant proteins. Solar Foods’ first product is the naturally occurring single-cell protein Solein®, which can be used as a food raw material with high protein content. In the long run, Solein production will improve global availability of protein and increase price and quality stability of food raw materials by disconnecting food production from agriculture.

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Market cap
155.31M EUR
Turnover
183.4K EUR
P/E (adj.) (26e)
-11.23
EV/EBIT (adj.) (26e)
-10.51
P/B (26e)
3.71
EV/S (26e)
69.38
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
5.30 EUR
Updated
27.02.2026
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 27.02.2026

Latest extensive report

Released: 12.09.2024

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Recent news from Helsingin Sanomat: Business Finland myönsi jättipotin yhtiölle, joka tekee ilmasta ruokaa | HS.fi
6 hours ago
by Koala
6
Here are Thomas’s comments regarding the funding Solar Foods received for the Factory 02 plant investment. Solar Foods announced on Wednesday that Business Finland has granted the company a total of EUR 77.8 million in funding for the construction and commissioning of the Factory...
10 hours ago
by Sijoittaja-alokas
5
This news is already a few days old, but I’ll add it here to the thread. Inderes Solar Foods on saanut Solein®-tilauksen Yhdysvalloista - Inderes Solar Foods Oyj, lehdistötiedote 5.6.2026 klo 9.30 Solar Foods on saanut Solein®-tilauksen YhdysvalloistaSolar Foods on saanut Solein®...
6/9/2026, 12:18 PM
by Turska tai kuitti
5
The company announces it has received support for building the factory. How strongly do you think they should disclaim right in the headline that the support is conditional on the factory actually being built? Edit. Especially since they still clearly state it in the release itself...
19 hours ago
4
The loan terms are certainly very sweet. A long grace period, no collateral, and a 1% interest rate.
yesterday
3
Well, there isn’t anything particularly strange about that. That is how public subsidies work. Naturally, the grantor of the subsidy needs to see evidence that the project is actually progressing before any euros are transferred.
yesterday
by Nallekarhu
3
Solar Foods Inside information: Solar Foods receives EUR 77,8 million grant and loan...
yesterday
by Timo Heikkerö
3
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
11.8
2026

Interim report Q2'26

Solar Foods secured 78 MEUR in funding for the Factory 02 investment
Analyst Comment11 hours ago by
Thomas Westerholm

Solar Foods secured 78 MEUR in funding for the Factory 02 investment

The funding decisions consist of a 39.6 MEUR grant and a 38.1 MEUR R&D loan.

Solar Foods
Press release12 hours ago

DNB Carnegie Access: Solar Foods: Granted EUR77.8m in funding for Factory 02

Solar Foods
Regulatory press releaseyesterday

Inside information: Solar Foods receives EUR 77,8 million grant and loan financing for the construction and commissioning of Factory 02

Solar Foods

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Press release6/5/2026, 6:30 AM

Solar Foods receives an order for Solein® in the United States

Solar Foods
Regulatory press release6/4/2026, 8:00 AM

Solar Foods Oyj: Subscription of shares with option plan 2/2024

Solar Foods
Solar Foods: First Solein consumer product for sale in the United States
Analyst Comment6/3/2026, 7:46 AM by
Thomas Westerholm

Solar Foods: First Solein consumer product for sale in the United States

The first consumer product containing Solein has been launched in the United States, in collaboration with Ambrosia Collective.

Solar Foods
Press release6/2/2026, 12:30 PM

First consumer product made with Solein® available in the United States

Solar Foods
Solar Foods: Fortum partnership lowers Factory 02 implementation risks
Analyst Comment5/15/2026, 7:03 AM by
Thomas Westerholm

Solar Foods: Fortum partnership lowers Factory 02 implementation risks

Fortum is taking responsibility for Factory 02's hydrogen production and energy, which advances the large factory project.

Solar Foods
Press release5/13/2026, 12:15 PM

Solar Foods partners with Fortum on energy services for Factory 02

Solar Foods
Small streams from hydrogen: Solar Foods joins the BalticSeaH2 Project
Analyst Comment5/4/2026, 5:38 AM by
Thomas Westerholm

Small streams from hydrogen: Solar Foods joins the BalticSeaH2 Project

The 0.35 MEUR funding is allocated to developing the capacity of Factory 01.

Solar Foods
Press release4/30/2026, 7:00 AM

Solar Foods joins the EU-funded BalticSeaH2 hydrogen economy project

Solar Foods
Regulatory press release4/16/2026, 2:00 PM

Solar Foods Oyj: Subscription of shares with option rights 2/2024, 2020A and 2020B

Solar Foods
Press release4/15/2026, 12:00 PM

Solar Foods receives patent in the United States for the production process of Solein®

Solar Foods
Regulatory press release3/31/2026, 1:00 PM

Resolutions of Solar Foods Oyj's Annual General Meeting 2026 and organizational meeting of the Board of Directors

Solar Foods
Solar Foods proceeds to the final design phase of Factory 02
Analyst Comment3/31/2026, 5:58 AM by
Thomas Westerholm

Solar Foods proceeds to the final design phase of Factory 02

The advanced concept design phase for Factory 02 has been completed, and the company is now moving into the final design phase.

Solar Foods
Press release3/30/2026, 12:29 PM

DNB Carnegie Access: Solar Foods: All eyes on Factory 02

Solar Foods
Press release3/30/2026, 9:00 AM

Solar Foods proceeds to the next design phase of Factory 02

Solar Foods
Press release3/17/2026, 8:00 AM

Solar Foods showcases Solein’s capabilities in next-generation protein drinks 

Solar Foods
Regulatory press release3/2/2026, 2:00 PM

Notice to the Annual General Meeting 2026 of Solar Foods Oyj

Solar Foods
Solar Foods H2'25: Story progresses, but a strong stomach is required
Research2/27/2026, 11:40 AM by
Thomas Westerholm

Solar Foods H2'25: Story progresses, but a strong stomach is required

The earnings day shed light on some of the most important milestones of the current year leading up to the final investment decision on the industrial-scale Factory 02, which is critical to the investment story.

Solar Foods