Elliptic Laboratories AS (ELABS)

Currency in NOK
2.50
-0.24(-8.76%)
Closed·
Earnings results expected today
Unusual trading volume
ELABS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
2.362.51
52 wk Range
2.3512.26
Key Statistics
Prev. Close
2.74
Open
2.45
Day's Range
2.36-2.51
52 wk Range
2.35-12.26
Volume
953.37K
Average Volume (3m)
260.28K
1-Year Change
-79.4408%
Book Value / Share
1.75
Fair Value
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Fair Value Upside
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ELABS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
4.80
Upside
+92.00%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins

Elliptic Laboratories AS News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 4.80
(+92.00% Upside)

Elliptic Laboratories AS Earnings Call Summary for Q2/2026

  • Q2 revenue fell 48% YoY to NOK 13M; shares dropped 4.54% to $2.74, near 52-week low of $2.35 amid timing effects and contract structure issues.
  • Laptop shipments surged 33% YoY while smartphone shipments declined 17%; company cut annual operating costs by ~15% after Q1 restructuring.
  • Cash position weakened to NOK 59M from NOK 109M prior quarter; negative EBITDA of NOK 5.1M and operating cash flow of negative NOK 8.5M.
  • Management expects H2 revenue improvement via milestone payments; targets commercial contracts in wearables, smart glasses, TVs by end-2024.
  • Edge AI platform and new vertical revenue anticipated to begin contributing in 2027; CEO touts faster deployment cycles from months to weeks.
Last Updated: 08/27/2026, 02:56 PM
Read Full Transcript

Earnings

Latest Release
May 21, 2026
EPS / Forecast
-0.15 / -0.10
Revenue / Forecast
17M / 29.3M
EPS Revisions
Last 90 days

ELABS Income Statement

Compare ELABS to Peers and Sector

Metrics to compare
ELABS
Peers
Sector
Relationship
P/E Ratio
−2.3x13.5x12.3x
PEG Ratio
0.00−0.020.01
Price/Book
1.6x2.0x2.4x
Price / LTM Sales
3.8x2.9x2.2x
Upside (Analyst Target)
75.2%67.5%34.6%
Fair Value Upside
Unlock14.1%5.4%Unlock

Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on devices and to allow intuitive responses based on natural human interaction; AI Virtual Proximity Sensor that enables exquisite full-screen devices; and AI Virtual Connection Sensor that allows pair and authenticate smart devices that are in the same room using ultrasound. It also provides AI Virtual Position Sensor which automatically detects the location of an external display in relation to a laptop; AI Virtual Gesture Sensor that enables touchless user interactions; AI Virtual Breathing sensor that enables to track person’s breathing; and AI Virtual heartbeat Sensor that tracks a person’s heart rate. The company was incorporated in 2006 and is headquartered in Oslo, Norway.

Employees
87
Market
Norway

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
17.26M13.66%47.30M
Other Institutional Investors
36.19M28.64%99.16M
Public Companies & Retail Investors
72.88M57.69%199.70M
Total
126.34M100.00%346.16M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
MP Pensjon PK8.00%10,108,30627,697
DNB Asset Management AS5.67%7,163,79719,629

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FAQ

What Is the Elliptic Lab (ELABS) Stock Price Today?

The Elliptic Lab stock price today is 2.50 NOK.

What Stock Exchange Does Elliptic Lab Trade On?

Elliptic Lab is listed and trades on the Oslo Stock Exchange.

What Is the Stock Symbol for Elliptic Lab?

The stock symbol for Elliptic Lab is "ELABS."

What Is the Elliptic Lab Market Cap?

As of today, Elliptic Lab market cap is 346.16M NOK.

What Is Elliptic Lab's Earnings Per Share (TTM)?

The Elliptic Lab EPS (TTM) is -1.40.

When Is the Next Elliptic Lab Earnings Date?

Elliptic Lab will release its next earnings report on Aug 27, 2026.

From a Technical Analysis Perspective, Is ELABS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Elliptic Lab Stock Split?

Elliptic Lab has split 1 times.

How Many Employees Does Elliptic Lab Have?

Elliptic Lab has 87 employees.

What is the current trading status of Elliptic Lab (ELABS)?

As of Aug 27, 2026, Elliptic Lab (ELABS) is trading at a price of 2.50 NOK, with a previous close of 2.74 NOK. The stock has fluctuated within a day range of 2.36 NOK to 2.51 NOK, while its 52-week range spans from 2.35 NOK to 12.26 NOK.

What Is Elliptic Lab (ELABS) Price Target According to Analysts?

The average 12-month price target for Elliptic Lab is 4.80 NOK, with a high estimate of 4.8 NOK and a low estimate of 4.8 NOK. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +92.00% Upside potential.
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