Report
Christoffer Wang Bjørnsen
EUR 88.17 For Business Accounts Only

Smartoptics (Buy, TP: NOK30.00) - Top-line momentum accelerating

While our raised 2025–2026e opex offset our increased top-line estimates, we see the return to above-peers growth in Q4 as supportive of Smartoptics’ medium- to longer-term prospects and its ability to gain share in a rebounding market across regions. As such, while our earnings estimates are largely unchanged, we have increased our target price to NOK30 (21), as we expect the accelerating top-line momentum to lead to the market increasingly pricing in Smartoptics’ longer-term prospects. We reiterate our BUY.
Underlying
Provider
DnB Markets
DnB Markets

DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.

 

Analysts
Christoffer Wang Bjørnsen

Other Reports on these Companies
Other Reports from DnB Markets

ResearchPool Subscriptions

Get the most out of your insights

Get in touch