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Digital Workforce

2.58 EUR+2.38 %9/7 17:29
1,415 following

DWF

First North Finland

IT Services

Technology

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
+2.38 %
+8.40 %
+9.79 %
-1.90 %
-2.64 %
-22.75 %
-43.05 %
-
-58.98 %

Digital Workforce is a service provider specializing in industrial-scale process automation services. The company's service offering covers the entire intelligent automation lifecycle: design and consulting, development and deployment, cloud-based platform, support and maintenance, and further development. The company offers services and solutions to customers in various industries, including finance, healthcare, industry, logistics, and various public actors.

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Market cap
30.21M EUR
Turnover
3.33K EUR
P/E (adj.) (26e)
11.3
EV/EBIT (adj.) (26e)
11.73
EV/S (26e)
1.03
Dividend yield-% (26e)
3.49 %
Coverage
Recommendation
Buy
Target price
3.30 EUR
Updated
2026-07-01
Disclaimer
Joni Grönqvist
Joni Grönqvist

Analyst

Latest research

Latest analysis report

Released: 2026-07-02

Latest extensive report

Released: 2025-12-18

Revenue and EBIT-%
EPS and dividend
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Forum discussions
Incredibly good work. Great to see Digital Workforce leading the way now. This kind of news is needed
4/22/2026, 1:25 PM
by Harri Sieppi
21
Contract renewal and expansion for a bank. – Digital Workforce, a leading specialist in enterprise automation and AI-based solutions, announced today that Raiffeisen Bank International (RBI), one of the leading banks in Austria and Central and Eastern Europe, has renewed and expanded...
4/28/2026, 7:01 AM
by Sheikki
20
Digital Workforce Services Oyj has today signed and completed an agreement to acquire the AI agent-based customer service business of Front AI Oy. Purchase price €3–3.6M. At least personally, I have quite a positive feeling about this based on the limited information. Regardless,...
7/1/2026, 5:54 AM
by Blackparta
14
Joni has published a new company report on Digital Workforce following the Q1 results. We are raising the share’s target price to EUR 3.3 (prev. EUR 3.2) and lowering the recommendation to Accumulate (prev. Buy), driven by the share price increase. Digital Workforce’s revenue grew...
4/23/2026, 4:53 AM
by Sijoittaja-alokas
13
Joni released a company update this morning following yesterday’s acquisition. The recommendation was upgraded from Accumulate to Buy, with the target price remaining unchanged. Inderes Digital Workforce: Yritysosto hyvin linjassa strategian kanssa​ - Inderes Digital Workforce kertoi...
7/2/2026, 11:17 AM
by Tomi Valkeajärvi
12
Hi, this is Digital Workforce’s CFO Laura! Jussi already managed to answer yesterday, but here is a slightly more detailed explanation. The change in license accounting consisted (just as you noted) of two parts: 1. Netting of revenue, where only the resale margin is recognized as...
5/27/2026, 5:56 AM
by Laura Viita
12
@Joni_Gronqvist Digital Workforce has performed very well in the market. One thing that would have been nice to see from the company or from you at Inderes would have been a full comparability analysis of the change in accounting practices for licenses. If I understood correctly,...
5/13/2026, 8:24 PM
by SoftaSijoittaja
7
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
17/7
2026

Interim report Q2'26

21/10
2026

Business review Q3'26

Digital Workforce: Acquisition well aligned with strategy
Research2026-07-02 08:15 by
Joni Grönqvist

Digital Workforce: Acquisition well aligned with strategy

Digital Workforce announced yesterday that it has acquired AI agent capabilities, which aligns well with the company's strategy.

Digital Workforce
Regulatory press release2026-07-01 07:45

Inside information: Digital Workforce expands use of agentic AI and acquires Agentic AI for customer service business from Front AI Oy

Digital Workforce
Analyst Comment2026-05-28 07:36 by
Roni Peuranheimo, Frans-Mikael Rostedt

Case: Personalmarginalerna för konsultföretag har fortsatt att försvagas

Marginalen för personalkostnader hos konsultföretag har sjunkit stadigt under de senaste fem åren.

Aallon GroupAdministerDigiaDigital WorkforceEtteplanFondiaGoforeLoihdeNetum GroupSiili SolutionsSitowise GroupSolteqSolwersTalenomVincitWitted Megacorp

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IT service sector Q1’26: Clear dichotomy
Analyst Comment2026-05-13 09:12 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q1’26: Clear dichotomy

The IT service sector's revenue organically returned to a downward trend, and profitability improved in Q1. Differences between companies deepened.

DigiaDigital WorkforceGoforeVincitNetum GroupSiili SolutionsSolteqWitted Megacorp
Regulatory press release2026-05-08 12:00

Digital Workforce Services Plc - Share subscriptions based on stock options 2020

Digital Workforce
Digital Workforce Q1'26: Strong start increased confidence in the turnaround
Research2026-04-23 08:41 by
Joni Grönqvist

Digital Workforce Q1'26: Strong start increased confidence in the turnaround

Now, we expect growth to continue as good and scale into profitability slightly better in the future.

Digital Workforce
Digital Workforce Q1’26 flash comment: Now we have the much-needed evidence
Analyst Comment2026-04-22 09:19 by
Joni Grönqvist

Digital Workforce Q1’26 flash comment: Now we have the much-needed evidence

Organic growth accelerated to 22% and clearly exceeded expectations.

Digital Workforce
Regulatory press release2026-04-22 07:00

Digital Workforce Services Plc, Business Review Q1 2026: Strong performance in all businesses and markets; new partnerships in agentic AI business

Digital Workforce
Regulatory press release2026-04-16 15:15

Resolutions of Digital Workforce Services Plc’s Annual General Meeting 2026 and the constitutive meeting of the Board of Directors

Digital Workforce
Digital Workforce Q1’26 preview: Growth spurt with an acquisition, focus on organic momentum
Analyst Comment2026-04-16 08:11 by
Joni Grönqvist

Digital Workforce Q1’26 preview: Growth spurt with an acquisition, focus on organic momentum

We expect revenue to jump 20% due to the acquisition, even though organic growth remains subdued.

Digital Workforce
Nordic IT sector: Getting better, but not quite at 20 yet
Analyst Comment2026-04-07 12:06 by
Joni Grönqvist

Nordic IT sector: Getting better, but not quite at 20 yet

In Finland, revenue growth picked up towards the end of the year, surpassing that of the other Nordic countries for the first time in a long while.

DigiaDigital WorkforceGoforeNetum GroupSiili SolutionsSolteqVincitWitted MegacorpColumbusTrifork GroupAvensiaAddnode GroupBouvetB3 Consulting GroupCAG GroupCombinedXExsitecKnowitNetcompany GroupNNITProact IT GroupWebstep
Digital Workforce Investor Day | CEO review 19.3.202619:33
Video2026-03-20 08:55

Digital Workforce Investor Day | CEO review 19.3.2026

CEO Jussi Vasama’s review at Digital Workforce’s Investor Day on March 19, 2026.

Digital Workforce
Digital Workforce: Improved confidence and cheaper valuation
Research2026-03-20 09:19 by
Joni Grönqvist

Digital Workforce: Improved confidence and cheaper valuation

Yesterday’s presentations provided deeper insight into the company’s positioning and competitive advantages in a market shaped by artificial intelligence. The company appeared more confident than before about the future and about continuing to resolve sales bottlenecks.

Digital Workforce
Digital Workforce Investor Day on March 19, 2026 at 14 EET
Webcast2026-03-19 13:00

Digital Workforce Investor Day on March 19, 2026 at 14 EET

Digital Workforce Services Plc invites its investors and analysts to an Investor Day on Thursday March 19, 2026 at 14-16 EET.

Digital Workforce
Regulatory press release2026-03-18 12:02

Digital Workforce Services Plc - Managers' transactions - Kalpala

Digital Workforce
Regulatory press release2026-03-18 12:01

Digital Workforce Services Plc - Managers' transactions - Onniselkä

Digital Workforce
Regulatory press release2026-03-18 12:00

Digital Workforce Services Plc - Managers' transactions - Vasama

Digital Workforce
Digital Workforce's accounting change improves transparency, company lowers revenue target
Analyst Comment2026-03-18 07:53 by
Joni Grönqvist

Digital Workforce's accounting change improves transparency, company lowers revenue target

We consider the new revenue target level to be more realistic.

Digital Workforce
IT service sector Q4’25 summary: Looking up
Analyst Comment2026-03-17 21:20 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q4’25 summary: Looking up

The Q4 earnings season in the IT services sector showed positive signs for the first time in a long while.

DigiaDigital WorkforceGoforeNetum GroupSiili SolutionsSolteqVincitWitted MegacorpTieto
Regulatory press release2026-03-17 15:00

Notice of the Annual General Meeting of Digital Workforce Services Plc

Digital Workforce