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Bittium

36.00 EUR+5.88 %7/9 13:11
8,501 following

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Investor views
Compare
+5.88 %
+27.66 %
+6.98 %
+29.26 %
+20.20 %
+194.60 %
+782.35 %
+482.52 %
+135.22 %

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
1.24M EUR
P/E (adj.) (26e)
52.39
EV/EBIT (adj.) (26e)
40.84
P/B (26e)
8.84
EV/S (26e)
8.34
Dividend yield-% (26e)
1.34 %
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
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Forum discussions
Hi @jiitu and thank you for the question. The figure of 600,000 delivered devices is correct. This includes all devices delivered during both the Mega Electronics and Bittium eras, starting from the early 2010s, and also includes devices delivered for research projects. This is why...
8/27/2026, 9:56 AM
by Karoliina_Malmi
36
From the NuWays analysis: nuways-ag.com NuWays Platform The book-to-bill ratio is indeed 1.32, which I understand to be a very strong indicator of future growth as well. In other words, for every euro delivered, Bittium received 1.33 euros in new orders. Thus, the order backlog grew...
8/10/2026, 8:32 AM
by Hanhinääri
13
Linkki SEB:n analyysiraporttiin, missä käyvän arvon haarukkaan tuli muutos: "We lift our fair equity value range to EUR 35-45 (31-40) per share We hike our fair equity value range due to our estimate hikes." https://research.sebgroup.com/corporate/reports/143472
8/10/2026, 9:44 AM
by R-o-E
12
NuWays: Target: 40 (Buy) → 42€ & Buy High quality beat, they say. Indeed, orders from weapons manufacturers were good and, in terms of visibility, a new development, although Bittium has, of course, talked about its involvement in things like iMugs programs. Customer decision-making...
8/10/2026, 7:54 AM
by Opa
10
Tech guys Atte Riikola & Kimmo Stenvall discussed Bittium as well with @m_jylha for about 11 minutes. Topics: 0:34 Remedy Entertainment 07:58 Aiforia out of Inderes’ Model Portfolio 12:09 Bittium 23:01 Nokia 42:12 Elisa and Telia 47:13 Qt Group 57:41 Canatu 1:07:41 Revenio Group ...
9/4/2026, 7:44 PM
by Sijoittaja-alokas
9
Could it mean Faros as a whole, ever since the Mega Elektroniikka days?
8/27/2026, 8:09 AM
by ghoul
6
@Karoliina_Malmi The recent release claims that 600,000 units of Faro were sold. Did an extra zero slip into that figure? If the prices were even remotely in line with what can be found online—like the “thousand-euro bill” from Kummeli—then Medical’s revenue should have looked quite...
8/27/2026, 8:04 AM
by Jiitu
6
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

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

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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
Regulatory press release2026-07-01 14:15

Bittium Corporation - Managers' Transactions - Niina Huikuri

Bittium
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