Gofore

10.88 EUR

-1.09 %

7,661 following

GOFORE

NASDAQ Helsinki

IT Services

Technology

Overview

Financials & Estimates

Dividend

Investor consensus

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-1.09 %

-12.54 %

-15.92 %

-19.29 %

-14.60 %

-42.19 %

-56.48 %

-41.66 %

+60.00 %

Gofore operates in the IT sector. The company specializes in offering digital solutions and consulting in lead and process design, as well as cloud-based solutions. The greatest knowledge is found in the construction and development of software systems and associated project management. The company's customers are found among corporate customers and institutions. The largest operations are found around the European market.

Market cap

177.34M EUR

Turnover

729.97K EUR

P/E (adj.) (26e)

14.42

EV/EBIT (adj.) (26e)

10.04

EV/S (26e)

0.82

Dividend yield-% (26e)

4.69 %

Coverage

Recommendation

Buy

Target price

14.50 EUR

Updated

2026-04-29

Disclaimer

Joni Grönqvist

Analyst

Latest research

Latest analysis report

Released: 2026-04-30

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

18/8

2026

Interim report Q2'26

27/10

2026

Interim report Q3'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

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3rd party

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Analyst Comment5/28/2026, 5:36 AM 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 Group Administer Digia Digital Workforce Etteplan Fondia Gofore Loihde Netum Group Siili Solutions Sitowise Group Solteq Solwers Talenom Vincit Witted Megacorp

Gofores omsättning växte kraftigt drivet av företagsförvärv och affärerna gick bra

Analyst Comment5/19/2026, 5:45 AM by

Joni Grönqvist

Gofores omsättning växte kraftigt drivet av företagsförvärv och affärerna gick bra

Omsättningen i april ökade med 28 procent drivet av företagsförvärv, medan den organiska tillväxten stannade på en procent.

Gofore

Regulatory press release5/18/2026, 10:00 AM

Gofore Plc’s Business Review for April 2026: April net sales 19.8 million euros

Gofore

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IT service sector Q1’26: Clear dichotomy

Analyst Comment5/13/2026, 7:12 AM 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.

Digia Digital Workforce Gofore Vincit Netum Group Siili Solutions Solteq Witted Megacorp

Regulatory press release5/8/2026, 8:00 AM

Gofore Oyj - Managers' Transactions - Kaario

Gofore

Q1'26: Svag rapport, men värderingsbilden är oförändrad

Research4/30/2026, 5:04 AM by

Joni Grönqvist

Q1'26: Svag rapport, men värderingsbilden är oförändrad

Gofores omsättning vände uppåt efter en lång tid, men marginalen var svag för företaget under Q1.

Gofore

Regulatory press release4/29/2026, 5:45 AM

Gofore’s Interim Report January-March 2026: Gofore’s net sales +29.4%, organic growth also turned positive

Gofore

Analyst Comment4/24/2026, 4:20 AM by

Joni Grönqvist

Gofore Q1'26 förhandskommentar: Företagsförvärv driver tillväxt och lönsamheten förbättras

Vi estimerar att företagsförvärven kommer att öka omsättningen med 28 % och EBITA-marginalen till 9,2 %.

Gofore

Regulatory press release4/17/2026, 12:00 PM

Resolutions of Gofore Plc’s Annual General Meeting and Organisation Meeting of the Board of Directors

Gofore

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

Analyst Comment4/7/2026, 10:06 AM 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.

Regulatory press release4/2/2026, 10:30 AM

New shares issued in Gofore Plc’s directed share issue for the acquisition of savings shares under the employee share savings plan registered in the Trade Register

Gofore

Regulatory press release3/19/2026, 11:00 AM

Forum discussions

The April business review has been published: Gofore Gofore Oyj:n liiketoimintakatsaus huhtikuulta 2026: Huhtikuun liikevaihto... 18.5.2026 13:00:01 EEST | Gofore Oyj | Muut pörssin sääntöjen nojalla julkistettavat tiedot Gofore Oyj Muut pörssin sääntöjen nojalla julkistettavat asiat...

5/18/2026, 10:20 AM

by Emmi Berlin

Mammu Kaario from the Board of Directors has purchased 50k worth of shares. It’s nice to see that even the insiders see potential in the stock at these prices. Gofore Oyj - Managers’ Transactions - Kaario - Inderes Edit. These seem to be the member’s first shares, by the way.

5/8/2026, 1:35 PM

by yellowbeak

Points on Gofore and the IT Services Sector The IT services sector, and Gofore in particular, currently faces significant operational risks that warrant caution. On the other hand, the sharp correction in the stock price and the current valuation levels create a situation where the...

yesterday

by Energigurusijoittaa

Here are Joni’s comments regarding Gofore’s April and a bit more. Gofore published its April business review on Monday. The company’s revenue grew strongly, driven by acquisitions, and was well in line with our forecast. We estimate that organic revenue growth was slight, consistent...

5/19/2026, 6:30 AM

by Sijoittaja-alokas

Joni interviewed Gofore’s CEO @MIkael_Nylund about the Q1 results Inderes Gofore Q1'26: Tarjooman oltava valmis AI-murrokseen - Inderes Aika: 29.04.2026 klo 17.34 Ennätyssuuresta liikevaihdosta alkuvuonna raportoineen Goforen kannattavuus jäi vielä osin piippuun. Topics: 00:00 Introduction...

4/29/2026, 4:23 PM

by Sijoittaja-alokas

Here is Joni’s company report on Gofore after Q1 We reiterate our Buy recommendation for Gofore with a target price of EUR 14.5. Gofore’s revenue returned to growth for the first time in a while, but profitability was weak for the company in Q1. Gofore’s market comments remained ...

4/30/2026, 6:22 AM

by Sijoittaja-alokas

I don’t know what kind of value a direct LLM message like that provides without any personal reflection. It’s better to read Inderes’ analyses and listen to interviews (both Gofore’s and their competitors’). None of the companies in the sector have yet solved the problem of how to...

yesterday

by Dualalarm

Gofore

10.88 EUR

-1.09 %

Coverage

Latest research

Revenue and EBIT-%

EPS and dividend

Financial calendar

Risk

Case: Personalmarginalerna för konsultföretag har fortsatt att försvagas

Gofores omsättning växte kraftigt drivet av företagsförvärv och affärerna gick bra

Gofore Plc’s Business Review for April 2026: April net sales 19.8 million euros

Join Inderes community

Inderes account

IT service sector Q1’26: Clear dichotomy

Gofore Oyj - Managers' Transactions - Kaario

Q1'26: Svag rapport, men värderingsbilden är oförändrad

Gofore’s Interim Report January-March 2026: Gofore’s net sales +29.4%, organic growth also turned positive

Gofore Q1'26 förhandskommentar: Företagsförvärv driver tillväxt och lönsamheten förbättras

Resolutions of Gofore Plc’s Annual General Meeting and Organisation Meeting of the Board of Directors

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

New shares issued in Gofore Plc’s directed share issue for the acquisition of savings shares under the employee share savings plan registered in the Trade Register

Gofore Plc - Managers' transactions - Saastamoinen

Gofore Plc - Managers' transactions - Saastamoinen

Gofore Plc - Managers' transactions - Nylund

Gofore Plc - Managers' transactions - Packalén

Gofore Plc - Managers' transactions - Hildén

Gofore Plc - Managers' transactions - Räsänen

Gofore Plc - Managers' transactions - Hurnonen

Gofore Plc - Managers' transactions - Hurnonen

Gofore Plc - Managers' transactions - Nylund

Forum discussions