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SSH Communications Security

2.14 EUR-1.83 %28/9 17:29
4,698 following

SSH1V

NASDAQ Helsinki

IT Services

Technology

Overview
Financials & Estimates
Investor views
Compare
-1.83 %
+18.49 %
+7.00 %
+4.90 %
-32.06 %
-53.88 %
+63.36 %
-6.55 %
-85.59 %

SSH Communications Security operates in the IT sector. The company specializes in the area of security solutions. The software solutions are delivered via the cloud-based system and are mainly focused on encryption, file management, as well as consulting and support for various IT environments. The operations are conducted on a global level with subsidiaries throughout Europe, North America and Asia. The headquarters are located in Helsinki.

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Market cap
116.87M EUR
Turnover
54.43K EUR
P/E (adj.) (26e)
-27.89
EV/EBIT (adj.) (26e)
-34.01
EV/S (26e)
4.98
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
1.90 EUR
Updated
2026-09-23
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 2026-09-24

Latest extensive report

Released: 2025-11-25

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
Valuation risk
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Forum discussions
One of the world’s largest banks chose SSH Communications Security’s PrivX solution to implement Zero Trust and Zero Standing Access Yksi maailman suurimmista pankeista valitsi SSH Communications Securityn PrivX-ratkaisun Zero Trustin ja Zero Standing Accessin toteuttamiseksi | Kauppalehti
9/7/2026, 1:19 PM
by JR-65
19
Today was Redeye’s Cyber Security Day, where Rami naturally represented SSH: Redeye Theme: Cyber Security - Redeye A good, concise presentation with a couple of takeaways. Around 1:20, when talking about post-quantum cryptography algorithms (PQC), Rami showed the audience a box, ...
9/16/2026, 1:36 PM
by Von Wangell
17
Here are Roni’s comments on this recent contract secured by SSH SSH announced on Monday that it has signed a three-year contract worth an estimated nearly EUR 3 million for its PrivX solution with one of the world’s largest banks. The order is significant on the company’s scale, ...
9/8/2026, 5:05 AM
by Sijoittaja-alokas
6
Probably Vesa Puttonen’s purchases had an effect too? Came along with almost 50k shares.
9/3/2026, 12:29 PM
by Pyylevä
4
Roni has published a new company report on SSH SSH issued a negative profit warning on Tuesday, stating that this year’s EBITDA will remain negative due to delayed customer orders. The profit warning led to only minor cuts in our growth forecasts, but at the same time, we raised ...
9/24/2026, 5:26 AM
by Sijoittaja-alokas
3
Good thing you’re speaking up and correcting misconceptions. I had to listen to that latest interview again, and sure enough, PSN was mentioned there as well. It just hadn’t stuck in my head, but now, after the refresher, that session left an even more positive impression than before...
9/18/2026, 12:15 PM
by Von Wangell
3
Allow me to chime in here. That box is SSH’s Network Encryptor NQX, which uses third-party hardware as the physical equipment. And indeed, the integration of SSH’s products into, among other things, new-generation fighter jets is a project that has been known since the beginning ...
9/18/2026, 10:09 AM
by Roni Peuranheimo
3
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
28/10
2026

Business review Q3'26

SSH: Beställningarna fördröjdes, värderingen har modererats
Research2026-09-24 07:00 by
Roni Peuranheimo

SSH: Beställningarna fördröjdes, värderingen har modererats

SSH utfärdade en vinstvarning på tisdagen, enligt vilken innevarande års EBITDA kommer att bli negativ till följd av försenade kundbeställningar.

SSH Communications Security
Press release2026-09-23 11:14

Redeye: SSH: Another Mild Profit Warning

SSH Communications Security
SSH:s EBITDA sjunker till minus på grund av investeringar och försenade kundorder
Analyst Comment2026-09-23 06:40 by
Roni Peuranheimo

SSH:s EBITDA sjunker till minus på grund av investeringar och försenade kundorder

SSH utfärdade en negativ vinstvarning i går kväll.

SSH Communications Security

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Regulatory press release2026-09-22 20:40

Inside information, profit warning: SSH Communications Security Corporation revises its 2026 EBITDA guidance; net sales and cash flow guidance remains unchanged.

SSH Communications Security
SSH: Goda nyheter, för högt pris
Research2026-09-09 07:00 by
Roni Peuranheimo

SSH: Goda nyheter, för högt pris

Vi har gjort små uppjusteringar i våra estimat för SSH i och med den betydande order som bolaget meddelade.

SSH Communications Security
Press release2026-09-08 15:00

Redeye: SSH Communications: Global bank deal once again validates PrivX at scale

SSH Communications Security
Betydande treårig order på 3 MEUR för SSH
Analyst Comment2026-09-08 06:50 by
Roni Peuranheimo

Betydande treårig order på 3 MEUR för SSH

Affären stöder våra tillväxtestimat för de kommande åren på ett bra sätt.

SSH Communications Security
Regulatory press release2026-09-07 15:15

One of the world's largest banks selects SSH Communications Security's PrivX solution to implement Zero Trust with Zero Standing Access

SSH Communications Security
Regulatory press release2026-09-04 12:30

SSH Communications Security Oyj - Managers' Transactions

SSH Communications Security
Ny vd utsedd till SSH
Analyst Comment2026-09-04 06:49 by
Roni Peuranheimo

Ny vd utsedd till SSH

Lars Bells starka kommersiella bakgrund svarar mot behovet av att accelerera SSH:s tillväxt.

SSH Communications Security
Press release2026-09-03 14:25

Redeye: SSH Communications: New CEO Confirmed

SSH Communications Security
Regulatory press release2026-09-03 12:00

Lars Bell appointed as CEO of SSH Communications Security Corporation

SSH Communications Security
Regulatory press release2026-09-02 09:30

SHARE SUBSCRIPTIONS WITH SSH COMMUNICATIONS SECURITY CORPORATION´S STOCK OPTIONS

SSH Communications Security
Press release2026-07-26 13:26

Redeye: SSH (Q2 Review): Growth Reaccelerates as Leadership Transitions

SSH Communications Security
Press release2026-07-26 13:23

Redeye: SSH Communications Security (Q2 Interview): Accelerating PrivX growth

SSH Communications Security
SSH Q2'26: Väntad återgång till tillväxt
Research2026-07-20 07:10 by
Roni Peuranheimo

SSH Q2'26: Väntad återgång till tillväxt

SSH:s Q2 utvecklades i stort sett enligt våra estimat, och företaget återgick till tillväxt efter två svaga kvartal.

SSH Communications Security
Regulatory press release2026-07-17 08:00

SSH COMMUNICATIONS SECURITY CORPORATION'S INTERIM REPORT, JANUARY 1 – JUNE 30, 2026

SSH Communications Security
Regulatory press release2026-07-17 07:55

CEO transition: Rami Raulas to retire; Board of Directors initiates search for a successor

SSH Communications Security
SSH Q2'26 förhandskommentar: Förväntad återgång till tillväxt
Analyst Comment2026-07-15 06:40 by
Roni Peuranheimo

SSH Q2'26 förhandskommentar: Förväntad återgång till tillväxt

Vi estimerar att tillväxten i ordervärde kommer att vända omsättningen uppåt efter två kvartal med nedgång.

SSH Communications Security
Press release2026-07-14 09:30

SSH Communications Security’s PrivX Named an Overall Leader in KuppingerCole Analyst’s 2026 Leadership Compass for Privileged Access Management

SSH Communications Security