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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Bittium

36.10 EUR+4.49 %16/10 17:29
8,510 following

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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+4.49 %
-0.28 %
+33.46 %
-8.61 %
+20.53 %
+158.97 %
+919.77 %
+544.64 %
+135.87 %

Bittium specializes in developing secure communication and connectivity solutions using technology and knowledge of radio technology. The products are used for mobile devices, computers, and other technological products in healthcare, defense, and other industries. Examples of work areas include cardiology, neurology, and rehabilitation. The company is headquartered in Oulu.

Read more
Market cap
1.29B EUR
Turnover
2.95M EUR
P/E (adj.) (26e)
52.53
EV/EBIT (adj.) (26e)
40.96
P/B (26e)
8.87
EV/S (26e)
8.36
Dividend yield-% (26e)
1.33 %
Coverage
Recommendation
Reduce
Target price
36.00 EUR
Updated
2026-08-10
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 2026-08-10

Latest extensive report

Released: 2026-01-13

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Hi @Ricku, thank you for the question and the kind words. Below is a response from the Chairman of the Board. The sentiment on the forum has been bleaker in the past, and I understand that very well. Many patient shareholders have waited for a long time, and the company has owed ...
10/5/2026, 7:15 AM
by Karoliina_Malmi
84
Hi @Tallitonttu Thank you very much for the kind note and for highlighting the questions from the thread. Regarding the UK tactical communications framework, the situation has not changed materially from before. BAE Systems has been selected among the potential suppliers, and Bittium...
10/6/2026, 3:47 PM
by Karoliina_Malmi
39
Hello @PR1000, thank you for your questions. Bittium’s tactical communications products have been extensively tested by the defense forces of various European countries for several years now. Some of the product and system tests have taken place in cooperation with the Finnish Defence...
9/29/2026, 5:22 AM
by Karoliina_Malmi
35
Hi @Karoliina_Malmi , I’m not sure how this kind of request/wish should be made, so I’ll just ask directly. We haven’t heard anything from Erkki Veikkolainen on this forum in a long time. Is there any chance we could get an update from him—for example, how we’ve arrived at where ...
10/1/2026, 11:40 AM
by Ricku
19
During Tolja’s time, there has certainly been a great “can-do” attitude. Of course, the foundations were laid a long time ago when Huttunen was in charge, but I have to take my hat off to the management and all of Bittium’s personnel. The puzzle is clear now with two distinct operating...
9/30/2026, 2:19 PM
by Ruukie
14
SEB comments on Safran’s MoU. Expectations rather subdued, and expectations focused elsewhere than on the SDR side We see this collaboration as an interesting opportunity, given the size and position of France’s armed forces. However, we are somewhat (positively) surprised about ...
9/25/2026, 7:10 AM
by Opa
13
Thank you @Karoliina_Malmi and Erkki Veikkolainen, and have a very happy start to the autumn to the entire Bittium team!
10/5/2026, 12:25 PM
by Ricku
9
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29/10
2026

Business review Q3'26

Regulatory press release2026-10-14 13:30

Bittium Oyj: Changes in Bittium Corporation's Group Leadership Team

Bittium
Bittium vässar sin försvarsspets med en strukturförändring
Analyst Comment2026-09-30 07:40 by
Juha Kinnunen

Bittium vässar sin försvarsspets med en strukturförändring

Försvaret hamnar allt mer i fokus för den strategiska strukturomvandlingen.

Bittium
Regulatory press release2026-09-30 07:00

Bittium Oyj: Bittium Corporation changes its financial reporting structure as of 1 January 2027

Bittium

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Regulatory press release2026-09-30 07:00

Inside information: Bittium Corporation renews Its business structure to accelerate the implementation of Its strategy

Bittium
Third party research2026-09-23 08:08

Bittium is THE European champion in tactical comms; PT UP - NuWays AG Research

Bittium signed a two-year Memorandum of Understanding (MoU) with Safran Electronics & Defense to develop tactical communications solutions for the French Ministry of Defence and the French Armed Forces, marking a significant milestone in its journey ...

Bittium
Bittium öppnar dörren till den franska försvarsmarknaden genom samarbete med Safran
Analyst Comment2026-09-23 07:05 by
Juha Kinnunen

Bittium öppnar dörren till den franska försvarsmarknaden genom samarbete med Safran

samarbetet med bransdjätten Safran öppnar dörren till den svårtillgängliga franska försvarsmarknaden.

Bittium
Bittiums nordiska försvarslinje tajtas till: Danmark anslöt sig till ramavtalet
Analyst Comment2026-09-10 06:20 by
Juha Kinnunen

Bittiums nordiska försvarslinje tajtas till: Danmark anslöt sig till ramavtalet

Danmark har anslutit sig till Bittiums ramavtal, vilket banar väg för produktförsäljning inom taktiska kommunikationslösningar.

Bittium
Regulatory press release2026-09-09 15:20

Inside information: The Danish Defence Forces join the framework agreement signed by Bittium Corporation's subsidiary Bittium Wireless Ltd. with the Finnish and Swedish Defence Forces

Bittium
Bittium inleder omfattande besparingsåtgärder inom segmentet Engineering Services
Analyst Comment2026-08-28 08:00 by
Juha Kinnunen

Bittium inleder omfattande besparingsåtgärder inom segmentet Engineering Services

Besparingsmålet på 2 MEUR för segmentet Engineering Services, som befinner sig i en fas av omvandling, är enligt vår mening överraskande stort.

Bittium
Ny fart för Bittiums Medical-segment genom lanseringen av Faros Pro
Analyst Comment2026-08-27 10:44 by
Juha Kinnunen

Ny fart för Bittiums Medical-segment genom lanseringen av Faros Pro

Bittiums förnyade kardiologiska produkter erbjuder en viktig tillväxtdrivkraft för Medical-segmentet de kommande åren.

Bittium
Third party research2026-08-10 08:14

Bittium: Q2 review - Blow out sales and order intake; PT UP - NuWays AG Research

Bittium printed an exceptional Q2. Sales grew 60.1% yoy to € 36.6m (eNuW: € 27.2m, eCons: €29.3m), a 25% beat vs consensus, on very strong Defense & Security (D&S) backlog conversion and product deliveries. D&S sales doubled yoy to € 28.7m (eNuW: € 19m...

Bittium
Bittium Q2'26: Endast betydande nya öppningar saknas
Research2026-08-10 07:00 by
Juha Kinnunen

Bittium Q2'26: Endast betydande nya öppningar saknas

Bittiums Q2-rapport var utmärkt, men en uppgång på 36 % eller över 350 MEUR var enligt vår mening överdriven utan nya internationella initiativ. Guidningen för 2026 förblev oförändrad och våra operationella estimat steg med ungefär 10 %.

Bittium
Bittium Q2'26 snabbkommentar: Starka försvarsleveranser och -beställningar överträffade förväntningarna klart
Analyst Comment2026-08-07 08:01 by
Juha Kinnunen

Bittium Q2'26 snabbkommentar: Starka försvarsleveranser och -beställningar överträffade förväntningarna klart

Den enorma tillväxten inom försvarsleveranser lyfte rörelsevinsten till 8,1 MEUR och överträffade förväntningarna klart.

Bittium
Bittium Oyj, Q2'26
Webcast2026-08-07 08:00

Bittium Oyj, Q2'26

Bittium
Regulatory press release2026-08-07 07:00

Bittium Oyj: Bittium Corporation's Half-Year Financial Report January-June 2026

Bittium
Regulatory press release2026-08-07 07:00

Bittium Oyj: The Board of Directors of Bittium Corporation has decided on the distribution of extraordinary dividend

Bittium
Bittium Q2'26 förhandskommentar: Signalen förstärks, men ribban är högt satt för slutet av året
Analyst Comment2026-08-04 06:54 by
Juha Kinnunen

Bittium Q2'26 förhandskommentar: Signalen förstärks, men ribban är högt satt för slutet av året

Vi förväntar oss att marginalen förbättras betydligt tack vare försvarsleveranser med hög marginal och licensintäkter.

Bittium
Third party research2026-07-31 08:36

Bittium Q2 preview: backlog supports growth, H2 has catalyst firepower - NuWays AG Research

Bittium will publish its H1'26 report on August 7. Publicly announced orders during Q2'26 totalled € 26.6m, the vast majority from FDF and set for delivery during FY26. Growth this year is still supported by the very strong order intake from December...

Bittium
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Petri Hiljanen

Bittium
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Teemu Hannula

Bittium