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Starbreeze

0.12 SEK

-4.32 %

Less than 1K followers

STAR B

NASDAQ Stockholm

Software

Technology

-4.32 %
-9.00 %
-37.32 %
-45.01 %
-45.04 %
-34.51 %
-88.96 %
-86.32 %
-98.93 %

Starbreeze operates in the gaming industry and focuses on the development, publishing and distribution of computer games and interactive entertainment. The company's portfolio includes both its own games and collaborations with other game developers. The business is aimed at gamers and distributors globally, with the largest operations in Europe. Starbreeze was founded in 1998 and is headquartered in Stockholm, Sweden.

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Market cap
187.14M SEK
Turnover
635.32K SEK
P/E (adj.) (25e)
-3.85
EV/EBIT (adj.) (25e)
-1.56
P/B (25e)
0.69
EV/S (25e)
0.34
Dividend yield-% (25e)
-
Coverage
Recommendation
Reduce
Target price
0.14 SEK
Updated
2025-11-12
Disclaimer
Atte Riikola
Christoffer Jennel
Christoffer Jennel, Atte Riikola
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Latest research

Latest analysis report

Released: 2025-11-12

Latest extensive report

Released: 2024-09-30

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/2
2026

Annual report '25

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
Hi everyone! My name is Christoffer Jennel and I’m responsible for analysis monitoring at Starbreeze. Since our forum has now switched to multilingual mode, you can ask me questions and I will participate in the discussion here.
10/20/2025, 7:53 AM
by Christoffer Jennel
8
Well, that went strongly again. Starbreeze discontinues the development of the new AAA game Baxter and focuses on Payday development. Starbreeze Sharpens Focus on PAYDAY Franchise — Baxter Discontinued as Part of Strategic Shift Starbreeze AB (publ) today announces that it will discontinue...
10/2/2025, 10:45 AM
by Trivial
6
Hi! Our analyst Christoffer interviewed Starbreeze’s CEO today in connection with their Q3 report. Check it out here, the interview is in English. Inderes Starbreeze Q3´25: All eyes on the new strategy’s progress - Inderes Time: 2025-11-11 15:05 Starbreeze released its Q3 report ...
11/11/2025, 3:05 PM
by Jesper Hagman
5
Christoffer and Atte have prepared a new company report on Starbreeze after the Q3 results. \nStarbreeze reported Q3 revenue in line with expectations, but adjusted operating profit fell short of expectations, mainly due to higher depreciations. PAYDAY 3 revenue was particularly ...
11/12/2025, 8:50 AM
by Sijoittaja-alokas
3
@christoffer.jennel has given his preliminary comments as Starbreeze reports its Q3 results next week on Tuesday. *The quarter is dominated by the announced termination of Project Baxter, which leads to a non-cash impairment charge of approximately 255 MSEK, significantly impacting...
11/7/2025, 8:25 AM
by Sijoittaja-alokas
2
Optimization would require expertise, and most of the Payday 2 developers left the company even before PD3’s release. Payday 3 and Baxter paint a grim picture of a company that only destroys its owners’ money without the ability to effectively create quality products. I am still ...
11/11/2025, 12:22 PM
by Trivial
1
And there are no changes in player data for Payday 3, so the promising start at the beginning of the year sharply turned back to its lowest figures… there’s a strong hate (PD3) and love (PD2) relationship towards Starbreeze’s products. …but Payday 2 shifted to a subscription-based...
11/11/2025, 11:51 AM
by Arvuuttaja
1
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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.