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Orion

81.10 EUR-1.40 %30/7 14:18
14,448 following

ORNBV

NASDAQ Helsinki

Biotechnology & Pharmaceuticals

Health Care

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
-1.40 %
+14.14 %
+22.88 %
+15.61 %
+27.42 %
+15.04 %
+131.65 %
+128.32 %
+622.17 %

Orion operates in the pharmaceutical industry. The company conducts research and development of human and veterinary drugs, where the main focus is on diseases that affect the nervous system, as well as oncology and respiratory diseases. Today, the company's products are found on a global level, with the largest presence in the Nordic region and the rest of Europe. The company's head office is located in Espoo, Finland.

Read more
Market cap
11.45B EUR
Turnover
2.83M EUR
P/E (adj.) (26e)
19.71
EV/EBIT (adj.) (26e)
15.4
P/B (26e)
7.06
EV/S (26e)
5.4
Dividend yield-% (26e)
2.2 %
Coverage
Recommendation
Accumulate
Target price
83.00 EUR
Updated
2026-07-19
Antti Siltanen
Antti Siltanen

Analyst

Latest research

Latest analysis report

Released: 2026-07-20

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
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Forum discussions
Good news coming in, as the lower end of the 2026 outlook was raised for both revenue and operating profit: ORION CORPORATION HALF-YEAR FINANCIAL REPORT 1–6/2026 July 17, 2026, at 12:00 Orion Group Half-Year Financial Report January–June 2026 April–June 2026 in brief Revenue was ...
7/17/2026, 9:19 AM
by Paapaa
26
Thanks for the great question! The short answer is that I agree regarding the uncertainty/risk in pricing, and it has been accounted for by being conservative in our forecasts. Here is a slightly longer version and a few comments: I would point out here that the highest royalty tier...
7/22/2026, 7:21 AM
by Antti Siltanen
15
Here is Liisa’s interview for a summery Friday. 00:00 Q2 in brief 00:44 Divina 02:10 Easyhaler 02:55 Generic medicines 04:39 Tessie 06:25 LEVEL study 07:55 Net cash position (Net debt-free balance sheet) 09:53 Guidance upgrade I referred to the ROAST a couple of times, here is a ...
7/17/2026, 12:43 PM
by Verneri Pulkkinen
13
These are fantastic numbers and growth. Especially the amount of free cash flow in Q2 is significant.
7/17/2026, 9:28 AM
by Sergio
13
CEO Liisa Hurme: A strong quarter: growth ACCELERATED and profitability improved "In April–June 2026, our net sales grew by 25.2 percent to 521.6 (416.5) million euros, and our operating profit grew by 68.8 percent to 176.6 (104.6) million euros. We have another very strong quarter...
7/17/2026, 10:55 AM
by Dissidentti
10
There are certainly many moving parts here, but generic enzalutamide is no longer just a future possibility. In the EU, Xtandi’s patent protection expires this year, and Enzalutamide Viatris already received marketing authorization in 2024. Meanwhile, in the US, the FDA has approved...
7/21/2026, 1:41 PM
by Juho R
6
Antti’s report provided a good breakdown of where this year’s strong results are coming from. Nubeqa royalties grew by 80%, and the highest royalty tier was reached as early as Q2. However, this brings to mind one question regarding longer-term forecasts. Now that the highest royalty...
7/21/2026, 11:43 AM
by Juho R
6
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/10
2026

Half year dividend

28/10
2026

Interim report Q3'26

17/2
2027

Annual report '26

Orion Q2'26: Engångsmedvind bidrog till toppresultatet
Research2026-07-20 07:00 by
Antti Siltanen

Orion Q2'26: Engångsmedvind bidrog till toppresultatet

Försäljningstillväxten och den ökade royaltyprocenten stödde ett starkt kvartal.

Orion
Orion, Webcast, Q2'26
Webcast2026-07-17 13:00

Orion, Webcast, Q2'26

Orion
Regulatory press release2026-07-17 11:00

Orion Group Half-Year Financial Report January–June 2026

Orion

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Regulatory press release2026-07-17 09:30

Orion Corporation’s financial reporting and Annual General Meeting in 2027

Orion
Regulatory press release2026-07-15 08:00

45,611 Orion Corporation A shares converted into B shares

Orion
Orion Q2'26 förhandskommentar: Royaltyflödet driver vinsttillväxten
Analyst Comment2026-07-13 06:20 by
Antti Siltanen

Orion Q2'26 förhandskommentar: Royaltyflödet driver vinsttillväxten

Den operativa hävstången från Nubeqa-royalties höjer Q2-rörelsemarginalen till 30,2 procent i vårt estimat.

Orion
Press release2026-07-03 08:00

Orion publishes Half-Year Report for January–June 2026 and holds a webcast on 17 July 2026

Orion
Orion ingår avtal om rättigheterna till ett viktigt biosimilar-läkemedel i Europa
Analyst Comment2026-06-30 07:55 by
Antti Siltanen

Orion ingår avtal om rättigheterna till ett viktigt biosimilar-läkemedel i Europa

Rättigheterna till en biosimilar för ett cancerläkemedel värt 10 BEUR ger tillväxtpotential, men höjer ännu inte estimaten.

Orion
Press release2026-06-30 07:00

Orion Pharma announces agreement with Shilpa Medicare for nivolumab biosimilar for European market

Orion
Orions ODM-212 fick särläkemedelsstatus även i EU
Analyst Comment2026-06-24 06:00 by
Antti Siltanen

Orions ODM-212 fick särläkemedelsstatus även i EU

Särläkemedelsstatus ger ODM-212-ämnet ensamrätt på marknaden i upp till 10 år.

Orion
Press release2026-06-23 08:30

Orion Pharma’s ODM-212 Granted Orphan Designation for the Treatment of Malignant Mesothelioma by the European Commission

Orion
Regulatory press release2026-06-18 13:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-17 15:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-16 15:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-15 15:15

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-11 16:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-10 17:10

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-05 16:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Regulatory press release2026-06-01 13:00

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion
Orion: Första resultaten från ODM-212-ämnet
Analyst Comment2026-06-01 07:34 by
Antti Siltanen

Orion: Första resultaten från ODM-212-ämnet

Fas I/II-studien har redan fortskridit till nästa del.

Orion