contentSlug

type

ContentPage_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentPage_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  createdAt
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
    forum {
      threadUrl
    }
    defaultInstrument {
      symbol
      id
    }
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        threadUrl
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      ...ExtensiveCoverage_Company
      defaultInstrument {
        isin
        id
        symbol
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    pageUrl
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
    ...ExtensiveCoverage_Snapshot
  }
  ...TrendingContent_1jQ2Cn
}

fragment ExtensiveCoverage_Company on Company {
  id
  defaultInstrument {
    estimateData {
      researchCurrency
      estimates {
        date
        recommendation
        targetPrice
      }
    }
    id
  }
}

fragment ExtensiveCoverage_Snapshot on Content {
  __isContent: __typename
  companies {
    id
    defaultInstrument {
      snapshot {
        transaction {
          date
          recommendation
          targetPrice
        }
      }
      id
    }
  }
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      name
      id
    }
  }
}


modular-finance-ir-consensus-qt-group-consensus-estimates-q3-2026

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

pageUrl

publishers

authors

reactionGroups

translations

imgUrl

description

changedAt

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.

In which area did QT’s results fall short, given that the market is punishing it? Many analysts raised their target prices significantly.

Lately, I’ve been using AI to build my own research project focused on tracking Qt, which has gradually evolved into a small web service. The idea started because I wanted to look at Qt’s future beyond just individual earnings estimates and target prices. Could AI help track how a company’s story evolves as new evidence comes in? The project was named StoryWatch. The first research subject is Qt Group, whose future I look at through three alternative scenarios:   AI Disturbed: AI and changing competition weaken Qt’s position.   Defensive Qt: Qt maintains its strong position, but no significant new growth emerges.   AI Boosted: AI, IAR, and new products open up significant growth opportunities.   Preliminary weights have been assigned to the scenarios. They are not statistical forecasts, but rather a way to make assumptions visible and challengeable. The service also examines management statements, business development, uncertainties, and factors whose realization could alter the credibility of the scenarios. StoryWatch is now in open, free beta. No registration is required. It would be interesting to hear thoughts, especially from those who have followed Qt for a longer time. Does this kind of approach bring any added value? What do you think is wrong or fundamentally overlooked in the analysis? On the site, you can also challenge the analysis and suggest the next companies to research. I don’t plan to build a broad selection of companies without evidence of interest. The goal is first to find out whether there is any demand for this kind of research approach in general. This is an experimental personal project, not an Inderes service or personal investment recommendation. StoryWatch / Qt Group:           storywatch.fi              Qt Group · StoryWatch Pilot Experience    Qt Group · StoryWatch Pilot Experience. Tarinat, näyttö, muutokset, skenaariot ja seuranta.                             We don’t predict the story. We watch it form.

ACCUMULATE recommendation and a target price bump of a few euros.                   Inderes – 30 Oct 26              Qt Group Q3'26: Ensi vuoden tulosloikkaa kohti - Inderes    Rportti vahvisti mielestämme Qt:n kulkevan ennusteidemme mukaisella polulla kohti ensi vuoden tulosloikkaa.

Regarding a positive profit warning, I don’t think they gave an upper range in the guidance, so they probably don’t need to issue a profit warning either, even if the results turn out to be very good.

It feels like a profit warning (positive) / guidance upgrade must surely be coming for this year, given that revenue growth is already over 20 percent at this point. And when you look at EBITA, without one-off costs the EBITA margin would have been over 20 percent now, and if there aren’t too many of those costs left in Q4, EBITA is bound to be high on the back of a strong Q4.

Analyst Riikola can provide a rough outline. At the time of acquisition, IAR’s revenue was well around the EUR 40M mark. Now, during the Q3 earnings call, Varelius stated that this year IAR’s revenue will decrease by roughly EUR 5–10M as they transition to a subscription-based model. Qt’s maintenance revenue increased by about EUR 5M year-over-year in Q3, largely explained by the impact of IAR. License sales and consulting (excluding distribution licenses), on the other hand, increased by about EUR 4.2M year-over-year. IAR’s revenue is visible here as well, and it seems that “old Qt” also grew during the quarter. From these two parameters above, we can roughly estimate that IAR’s revenue in Q3 was approximately ~EUR 8M, give or take a bit with a slight +/- margin of uncertainty either way.

Can anyone estimate what impact the acquisition of IAR will have on Qt’s Q3’26 figures?

Qt Group

Estimates compiled by Modular Finance on behalf of Qt Group.Number of contributors: 6 (all of which have been updated or confirmed before the report)KPI (MEUR, unless otherwise specified)Q3 ...

<div class="mfn-body"><p>Estimates compiled by Modular Finance on behalf of Qt Group.</p><p>Number of contributors: 6 (all of which have been updated or confirmed before the report)</p><table class="mfn-w-set"><tbody><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid"><strong>KPI (MEUR, unless otherwise specified)</strong></td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid"><strong>Q3 2026E</strong></td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">License sales and consulting</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">40.2</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Maintenance</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">7.3</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Net sales</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">48.3</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Net sales growth (%)</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">18.7</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Operating profit (EBITA)</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">6.2</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Operating profit (EBIT)</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">2.8</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Profit before tax</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">1.9</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Net profit</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">1.3</td></tr><tr><td colspan="1" rowspan="1" valign="bottom" width="365.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">Earnings per share (EUR)</td><td align="right" colspan="1" rowspan="1" valign="bottom" width="111.0px" class="mfn-bb-solid mfn-bl-solid mfn-br-solid mfn-bt-solid">0.05</td></tr></tbody></table><p>More consensus estimates can be found on Qt Group’s webpage:&nbsp;<a href="https://www.qt.io/investors/share-and-financials/consensus-estimates" rel="noopener">https://www.qt.io/investors/share-and-financials/consensus-estimates</a></p><p>Qt Group’s Q3 report will be released on Thursday 29 October at 13:00 EET.</p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong><br><a class="mfn-generated mfn-primary" href="https://storage.mfn.se/9ccbd3f4-b398-4280-af0c-9b2e62109f68/qt-group-consensus-estimates-q3-2026.pdf" rel="noopener">Qt Group – Consensus estimates Q3 2026</a></p></div>

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Modular Finance IR Consensus: Qt Group – Consensus estimates Q3 2026

Modular Finance IR Consensus: Qt Group – Consensus estimates Q3 2026

KPI (MEUR, unless otherwise specified)	Q3 2026E
License sales and consulting	40.2
Maintenance	7.3
Net sales	48.3
Net sales growth (%)	18.7
Operating profit (EBITA)	6.2
Operating profit (EBIT)	2.8
Profit before tax	1.9
Net profit	1.3
Earnings per share (EUR)	0.05