NOTE AB (NOTE)

Currency in SEK
158.40
+1.80(+1.15%)
Real-time Data·
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Fair Value
Day's Range
156.50158.80
52 wk Range
138.10205.20
Key Statistics
Prev. Close
156.6
Open
156.7
Day's Range
156.5-158.8
52 wk Range
138.1-205.2
Volume
16.58K
Average Volume (3m)
90.3K
1-Year Change
-15.0215%
Book Value / Share
68.27
Fair Value
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Fair Value Upside
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NOTE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
195.50
Upside
+23.42%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period

NOTE AB News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

2 Buy
0 Hold
0 Sell
Ratings:
2 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 195.50
(+23.42% Upside)

NOTE AB Earnings Call Summary for Q3/2026

  • NOTE posted record Q3 sales of SEK 1,057M (+27% reported, +2% organic) with EPS of SEK 1.98, but shares fell 12% on weak cash flow concerns.
  • Operating margin held at 9.3% despite factory relocations costing SEK 35-45M in lost production; Security & Defence grew 19% organically.
  • Order backlog rose 12% like-for-like with H1 2025 deliveries up 20%, though inventory buildup pressured cash flow significantly.
  • Management expects Q4 to be strongest quarter ever in sales and profit, maintaining full-year margin guidance of 9.5%-10.5%.
  • China sales fell 25% while Greentech and Medtech remain weak; PCB supply constraints and component price increases expected through 2025.
Last Updated: 10/23/2026, 04:48 PM
Read Full Transcript

Earnings

Latest Release
Oct 23, 2026
EPS / Forecast
2.24 / 2.43
Revenue / Forecast
1.06B / 1.1B
EPS Revisions
Last 90 days

NOTE Income Statement

Compare NOTE to Peers and Sector

Metrics to compare
NOTE
Peers
Sector
Relationship
P/E Ratio
17.8x28.9x11.6x
PEG Ratio
−2.891.420.01
Price/Book
2.3x3.9x2.4x
Price / LTM Sales
1.1x1.0x2.1x
Upside (Analyst Target)
24.8%19.1%43.4%
Fair Value Upside
Unlock−6.6%8.3%Unlock

NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Western Europe and internationally. The company offers manufacturing engineering services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production. It also produces PCBAs, subassemblies, and box build products. In addition, the company provides contract manufacturing, and after-sales services. It serves its products to security and defence, medtech, greentech, industrial, and communication industries. NOTE AB (publ) was incorporated in 1990 and is headquartered in Stockholm, Sweden.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
1.95M6.84%306.09M
Other Institutional Investors
1.56M5.47%244.83M
Public Companies & Retail Investors
25.04M87.69%3.93B
Total
28.55M100.00%4.48B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Nordnet AB (publ)4.61%1,315,822206,321
Financiere de l'Echiquier1.74%496,35377,828

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FAQ

What Is the NOTE AB (NOTE) Stock Price Today?

The NOTE AB stock price today is 158.40 SEK.

What Stock Exchange Does NOTE AB Trade On?

NOTE AB is listed and trades on the Stockholm Stock Exchange.

What Is the Stock Symbol for NOTE AB?

The stock symbol for NOTE AB is "NOTE."

What Is the NOTE AB Market Cap?

As of today, NOTE AB market cap is 4.52B SEK.

What Is NOTE AB's Earnings Per Share (TTM)?

The NOTE AB EPS (TTM) is 8.82.

When Is the Next NOTE AB Earnings Date?

NOTE AB will release its next earnings report on Jan 26, 2027.

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

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

How Many Times Has NOTE AB Stock Split?

NOTE AB has split 1 times.

How Many Employees Does NOTE AB Have?

NOTE AB has 1800 employees.

What is the current trading status of NOTE AB (NOTE)?

As of Oct 28, 2026, NOTE AB (NOTE) is trading at a price of 158.40 SEK, with a previous close of 156.60 SEK. The stock has fluctuated within a day range of 156.50 SEK to 158.80 SEK, while its 52-week range spans from 138.10 SEK to 205.20 SEK.

What Is NOTE AB (NOTE) Price Target According to Analysts?

The average 12-month price target for NOTE AB is 195.50 SEK, with a high estimate of 196 SEK and a low estimate of 195 SEK. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +23.42% Upside potential.
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