Kone

56.80 EUR

+0.53 %

16,435 following

KNEBV

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview

Financials & Estimates

Dividend

Investor consensus

+0.53 %

-4.41 %

-6.21 %

-3.20 %

-0.35 %

+4.99 %

+20.19 %

-13.49 %

+902.87 %

Kone is a manufacturer of elevators, escalators and automatic doors. Other related products and systems provided by the company include barriers, docking systems and traffic gates. The company's products are sold in all global regions through authorized distributors. Kone was founded in 1910 and is headquartered in Espoo.

Market cap

30.07B EUR

Turnover

69.69M EUR

P/E (adj.) (26e)

25.9

EV/EBIT (adj.) (26e)

19.13

P/B (26e)

9.84

EV/S (26e)

2.44

Dividend yield-% (26e)

3.43 %

Coverage

Recommendation

Reduce

Target price

56.00 EUR

Updated

2026-02-09

Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 2026-02-09

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

29/4

2026

Interim report Q1'26

22/7

2026

Interim report Q2'26

28/10

2026

Interim report Q3'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Regulatory press release3/5/2026, 1:00 PM

KONE Oyj: Decisions by the Board of Directors

Regulatory press release3/5/2026, 11:30 AM

KONE Oyj: Decisions taken by KONE Corporation's Annual General Meeting

KONE Q4’25: In line with expectations

7:34

Video2/18/2026, 12:54 PM by

Aapeli Pursimo, Isa Hudd

KONE Q4’25: In line with expectations

Kone’s Q4 results were in line with expectations, while orders received exceeded forecasts.

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

KONE ryktas vara intresserade av att öka sin ägarandel i Toshiba Elevator

Analyst Comment2/18/2026, 5:34 AM by

KONE ryktas vara intresserade av att öka sin ägarandel i Toshiba Elevator

Enligt en nyhet från Bloomberg överväger Toshiba för närvarande att minska sin ägarandel i sin hissverksamhet, och KONE har i detta sammanhang preliminärt indikerat att företaget är intresserat av att öka sin ägarandel.

Regulatory press release2/9/2026, 2:45 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Tomio Pihkala

Regulatory press release2/9/2026, 2:40 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Ilkka Hara

Regulatory press release2/9/2026, 2:35 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Kenneth Schmid

Regulatory press release2/9/2026, 2:30 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Karla Lindahl

Regulatory press release2/9/2026, 2:25 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Samer Halabi

Regulatory press release2/9/2026, 2:20 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Johannes Frände

Regulatory press release2/9/2026, 2:15 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Nicolas Alchal

Regulatory press release2/9/2026, 2:10 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Mikko Korte

Regulatory press release2/9/2026, 2:05 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Joe Bao

Regulatory press release2/9/2026, 2:00 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Kaija Bridger

Regulatory press release2/9/2026, 1:55 PM

KONE Oyj: KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares

KONE Q4'25: Smooth ride, elevated price tag

Research2/9/2026, 1:42 PM by

KONE Q4'25: Smooth ride, elevated price tag

The company's Q4 result was in line with expectations, while orders received exceeded forecasts.

KONE Q4’25 snabbkommentar: Positiv marginal- och orderutveckling fortsatte

Analyst Comment2/6/2026, 7:26 AM by

KONE Q4’25 snabbkommentar: Positiv marginal- och orderutveckling fortsatte

Q4-resultatet var väl i linje med både vår och konsensus förväntningar, medan orderingången överträffade förväntningarna.

Regulatory press release2/6/2026, 7:00 AM

KONE Oyj: The Board of Directors of KONE Corporation decided on new performance periods for the long-term incentive plans

Regulatory press release2/6/2026, 6:50 AM

KONE Oyj: KONE Corporation: Notice to convene General Meeting

Regulatory press release2/6/2026, 6:40 AM

KONE Oyj: KONE Corporation's Annual Review 2025 and Remuneration Report 2025 have been published

Forum discussions

Toshiba is reportedly considering reducing its stake in its elevator unit, Toshiba Elevator and Building Systems. Kone is a strong candidate for the acquisition, as it already owns about a fifth of the unit. The Bloomberg article is behind a paywall. Kone has no business operations...

2/17/2026, 12:29 PM

by Ilkka

13

The transition toward becoming a maintenance and service company is progressing. There are fewer and fewer markets for the new equipment business while the Chinese economy is stalled, and India and others are unable to compensate for it. Is Kone gradually becoming a globally operating...

2/9/2026, 7:09 PM

by Logitech

7

I’ll post this here, even though most forum members have already spotted the news. KONE is starting change negotiations in Finland, affecting operations at the Hyvinkää factory + R&D. Approximately 840 employees are within the scope of the negotiations, with a reduction need of at...

2/9/2026, 6:59 PM

by herewecome

7

October-December 2025 Orders received increased by 6.3% to EUR 2,253.4 (10-12/2024: 2,119.0) million. At comparable exchange rates, orders increased by 12.2%. Sales decreased by 0.5% to EUR 2,960.8 (2,975.6) million. At comparable exchange rates, sales increased by 4.3%. Operating...

2/6/2026, 7:01 AM

by Jukka

6

Here are Aapeli’s comments regarding the rumors that KONE is interested in increasing its stake in Toshiba. According to a Bloomberg report, Toshiba is currently considering reducing its stake in its elevator unit, and KONE has reportedly expressed preliminary interest in increasing...

2/18/2026, 6:17 AM

by Sijoittaja-alokas

5

Here is a piece by Ilkka Sinervä about Kone and its competitors, especially Otis. Swiss company Schindler, which is neck-and-neck with Kone in terms of revenue and profitability, has not yet released its results for last year, but the company’s share price also dipped by less than...

2/9/2026, 3:22 PM

by Sijoittaja-alokas

5

Here are Aapeli’s quick comments on KONE’s Q4 results KONE released its Q4 report this morning. The Q4 result was well in line with both our and consensus expectations, while orders received exceeded expectations. The guidance provided for 2026, for its part, met expectations quite...

2/6/2026, 8:09 AM

by Sijoittaja-alokas

5

Read more on our forum

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.