• Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

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

26.60 EUR0.00 %17/7 17:29
8,447 following

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
0.00 %
-21.19 %
-31.62 %
-28.01 %
-11.19 %
+190.39 %
+544.07 %
+312.40 %
+73.80 %

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
949.68M EUR
Turnover
933K EUR
P/E (adj.) (26e)
34.71
EV/EBIT (adj.) (26e)
33.39
P/B (26e)
6.41
EV/S (26e)
6.4
Dividend yield-% (26e)
2.02 %
Coverage
Recommendation
Reduce
Target price
32.00 EUR
Updated
2026-04-30
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 2026-04-30

Latest extensive report

Released: 2026-01-13

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Hi @Tallitonttu, @JOHTAJA1, and @Vangogh Thank you all for your questions. In the spirit of summer, I will answer everyone in one package. Bittium’s share of the ESSOR consortium is smaller than a calculated share (1/6) would be, because Finland’s share of these six countries is ...
7/10/2026, 12:06 PM
by Karoliina_Malmi
58
Just a side comment between these questions: if there is no announcement regarding deals or negotiations, it’s probably not possible to talk about them on this forum either.
7/8/2026, 2:19 PM
by Kanye_Cash
20
On the other hand, wouldn’t it be quite natural for such a meeting to result primarily in cooperation agreements? Trade negotiations always progress in their own way, and it’s probably not worth forcing them into a schedule driven by political optics. Perhaps we should understand...
7/8/2026, 8:22 PM
by Mikko Marttinen
18
I am indeed following closely to see if Bittium’s competitors are winning any contracts. As long as this doesn’t start happening repeatedly, I, for one, will continue holding. If no one is securing contracts, the reason is more likely the slowness of decision-making in the market...
7/9/2026, 11:22 AM
by Timba79
10
It’s also pretty pointless to write to the company as if to Santa Claus hoping for new orders; it won’t help any more than any other prayers.
7/9/2026, 1:27 AM
by Mikko Marttinen
10
Hi @Karoliina_Malmi and wishing you a pleasant continuation of the summer. Would it be possible for the company to clarify the following point from yesterday’s release for investors: “The contract amendment for the ESSOR Development Stage #4 increases the total value of the contract...
7/8/2026, 10:49 AM
by Tonttu
7
However, let’s keep in mind that the company guidance indicates growth will be weighted towards H2. We should only start to worry in the autumn if nothing happens. If you take the drama out of this, practically nothing has changed. The NATO meeting just wasn’t the kind of meeting...
7/9/2026, 7:57 AM
by Mikko Marttinen
6
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
7/8
2026

Interim report Q2'26

29/10
2026

Business review Q3'26

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
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Niina Huikuri

Bittium

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Erik Ahnger

Bittium
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Kari Jokela

Bittium
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Karoliina Malmi

Bittium
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Tommi Kangas

Bittium
Regulatory press release2026-07-01 08:10

Bittium Oyj: Transfer of own shares based on the long-term incentive programme of Bittium Corporation

Bittium
Bittium får en Tough SDR-order på 14 MEUR från Försvarsmakten
Analyst Comment2026-06-12 06:52 by
Juha Kinnunen

Bittium får en Tough SDR-order på 14 MEUR från Försvarsmakten

Försvarsmaktens order på 14 MEUR minskar osäkerheten och stärker vårt förtroende för de höga tillväxtförväntningarna för 2026.

Bittium
Regulatory press release2026-06-11 11:45

Inside information: Bittium Wireless Ltd, a subsidiary of Bittium Corporation, received a significant order from the Finnish Defence Forces for next-generation Bittium Tough SDR radios

Bittium
Third party research2026-06-10 08:25

Bittium plugs drones into its secured tactical network - NuWays AG Research

Yesterday, Bittium announced two significant developments. The first is a software upgrade adding AI and electronic warfare (EW) capabilities to its radios, through its partnership with MarshallAI. The second is a product launch, Tough SDR Unmanned, ...

Bittium
Bittium stärker sin taktiska produktportfölj med två produktlanseringar
Analyst Comment2026-06-10 07:42 by
Juha Kinnunen

Bittium stärker sin taktiska produktportfölj med två produktlanseringar

Den nya radiomodulen öppnar upp för den växande drönarmarknaden och förvandlar taktiska radioapparater till AI-drivna sensorer.

Bittium
Bittium får underhållsavtal värt 3,3 MEUR från Estlands försvarsmakt
Analyst Comment2026-06-09 06:50 by
Juha Kinnunen

Bittium får underhållsavtal värt 3,3 MEUR från Estlands försvarsmakt

Estlands förlängda avtal på 3,3 MEUR säkerställer kontinuerlig serviceomsättning fram till 2030.

Bittium
Bittium får en tilläggsorder på 1,9 MEUR från Kroatiens flygvapen
Analyst Comment2026-05-12 07:12 by
Juha Kinnunen

Bittium får en tilläggsorder på 1,9 MEUR från Kroatiens flygvapen

Kroatiens tilläggsorder på 1,9 MEUR utökar användningen av taktisk dataöverföring till en ny försvarsgren.

Bittium
Third party research2026-04-30 08:13

Bittium: Q1 missed, but order intake momentum remains exceptional - NuWays AG Research

Yesterday, Bittium published its Q1'26 business review. Group sales increased 10.2% yoy to € 21.3m vs. eNuW € 26.9m and BBG cons. € 27.6m, with the miss mainly stemming from deliveries timing, thus not a cause for concern (eNuW). EBITDA came in at € ...

Bittium
Bittium Q1'26: Taktisk väntan på toppen av moderniseringsvågen
Research2026-04-30 07:00 by
Juha Kinnunen

Bittium Q1'26: Taktisk väntan på toppen av moderniseringsvågen

Nya betydande order för Bittium är enligt vår mening bara en tidsfråga i moderniseringsvågen av taktisk kommunikation, men våra estimat gör också dessa order nödvändiga.

Bittium
Bittium Q1'26 snabbkommentar: Resultatet understeg förväntningarna på grund av leveranstajming
Analyst Comment2026-04-29 08:00 by
Juha Kinnunen

Bittium Q1'26 snabbkommentar: Resultatet understeg förväntningarna på grund av leveranstajming

Leveranserna inom försvarssegmentet utvecklades inte som väntat i början av året, vilket ledde till att Q1-resultatet var betydligt lägre än förväntat.

Bittium
Regulatory press release2026-04-29 07:00

Bittium Oyj: Bittium Corporation's Business Review January-March 2026

Bittium
Bittium Q1-förhandskommentar: Positioner har tagits, nu söker vi träffar
Analyst Comment2026-04-27 08:06 by
Juha Kinnunen

Bittium Q1-förhandskommentar: Positioner har tagits, nu söker vi träffar

Vi estimerar att omsättningen har ökat med 40 % drivet av den starka utvecklingen inom försvarssektorn.

Bittium
Third party research2026-04-23 08:35

Bittium Q1 preview: excellent growth, pipeline rich in catalysts - NuWays AG Research

Bittium will publish its Q1'26 results on April 29. Q1'26e group net sales are seen to grow strongly 39% yoy to € 26.9m, with Defense & Security doing the heavy lifting with an impressive +91% yoy to € 20.5m (eNuW). Aggregate growth in Q1 is expected...

Bittium