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Verve Group

13.80 SEK

-0.36 %

1,271 following
Corporate customer

VER

First North Stockholm

Software

Technology

Overview
Financials & Estimates
Ownership
Investor consensus
Compare
-0.36 %
-36.41 %
-26.98 %
-37.44 %
-31.68 %
-63.68 %
-27.14 %
-67.98 %
-1.08 %

Verve (Ticker: VER) is a fast-growing, profitable, digital media company that provides AI-driven ad-software solutions. Verve matches global advertiser demand with publisher ad-supply, enhancing results through first-party data from its own content. Aligned with the mission, “Let’s make media better,” the company focuses on enabling better outcomes for brands, agencies, and publishers with responsible advertising solutions, with an emphasis on emerging media channels. Verve’s main operational presence is in North America and Europe. Its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The company has three secured bonds listed on Nasdaq Stockholm and the Frankfurt Stock Exchange Open Market.

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Market cap
2.76B SEK
Turnover
2.78M SEK
P/E (adj.) (25e)
6.37
EV/EBIT (adj.) (25e)
6.55
P/B (25e)
0.52
EV/S (25e)
1.19
Dividend yield-% (25e)
-
Coverage
Recommendation
Buy
Target price
24.00 SEK
Updated
2026-01-27
Disclaimer
 Christoffer Jennel
Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 2026-01-27

Latest extensive report

Released: 2024-07-05

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/2
2026

Annual report '25

13/5
2026

General meeting '26

27/5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
All
Research
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3rd party
ShowingAll content types
Press release2/4/2026, 1:14 PM

Verve Group SE Successfully Places Subsequent Senior Unsecured Bonds of EUR 50 million

Verve Group
Verve Group: Exploring a 50 MEUR bond tap
Analyst Comment2/2/2026, 7:40 AM by
Christoffer Jennel

Verve Group: Exploring a 50 MEUR bond tap

Verve announced this morning its intention to issue 50 MEUR in subsequent bonds, which the company states is aimed at strengthening liquidity and capitalizing on current business momentum.

Verve Group
Press release2/2/2026, 6:30 AM

Verve Group SE Announces Intention to Issue Subsequent Bonds to Capitalize on Business Momentum Following Strong Q4 Performance

Verve Group

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Press release1/28/2026, 12:04 PM

Verve Group publishes LinkedIn case study validating demand-side growth strategy in privacy-first mobile advertising

Verve Group
Verve: Patience tested as cash flows continues to lag
Research1/27/2026, 6:54 AM by
Christoffer Jennel

Verve: Patience tested as cash flows continues to lag

Q4 revenue fell short of guidance and our estimates, but the adjusted EBITDA margin was better than expected at 25%.

Verve Group
Regulatory press release1/26/2026, 1:15 PM

Verve Group SE levererar starkt operativt resultat under fjärde kvartalet 2025, driver organisk tillväxt och bruttomarginalökning, och publicerar finansiell prognos för 2026

Verve Group
Regulatory press release1/26/2026, 1:15 PM

Verve Group SE delivers strong operational performance in Q4 2025, driving organic growth and gross margin expansion, and publishes financial guidance for 2026

Verve Group
Press release1/22/2026, 6:05 PM

Verve Group Unifies Jun Group and Captify US Under Verve For Advertisers, Reinforcing its Strategy for Brands and Agencies

Verve Group
A sit-down with CEO Remco Westermann37:35
Video12/12/2025, 8:09 AM by
Christoffer Jennel

A sit-down with CEO Remco Westermann

In this interview, we sit down with Verve Group’s CEO Remco Westermann reflecting on 2025 and the path forward.

Verve Group
Regulatory press release12/9/2025, 7:50 PM

Verve Group omklassificerar uppskjuten köpeskilling med betalningsneutrala justeringar i kassaflödesanalysen för Q3 2025

Verve Group
Regulatory press release12/9/2025, 7:50 PM

Verve Group reclassifies deferred purchase price payment resulting in cash-neutral adjustments in the Q3 2025 cash flow statement

Verve Group
Regulatory press release11/28/2025, 7:00 PM

Verve Group SE: Number of Shares and Votes in Verve Group SE

Verve Group
Analytikerintervju: Verve & HomeMaid28:02
Video11/20/2025, 12:30 PM by
Jesper Hagman, Christoffer Jennel

Analytikerintervju: Verve & HomeMaid

Vi dyker ner i de senaste analyserna av HomeMaid och Verve efter deras Q3-rapporter. Hur har den starka RUT-marknaden påverkat HomeMaid och hur har återhämtningen gått för Verve efter plattformsavbrottet i Q2? Alla svar får du i intervjun!

Verve GroupHomeMaid
Regulatory press release11/19/2025, 8:00 PM

Verve Group SE announces that the total number of shares of the company increases following the issuance of new shares to service parts of the employee stock option program

Verve Group
Verve Q3'25: Investor trust put to test
Research11/19/2025, 7:12 AM by
Christoffer Jennel

Verve Q3'25: Investor trust put to test

Following the Q3 report, we have made downward adjustments to our estimates.

Verve Group
Verve Q3’25 flash comment: Results below expectations though customer base remains intact
Analyst Comment11/18/2025, 7:49 AM by
Christoffer Jennel

Verve Q3’25 flash comment: Results below expectations though customer base remains intact

Verve's Q3 results fell short of our expectations

Verve Group
Regulatory press release11/18/2025, 5:00 AM

Verve Group SE ligger fortsatt i linje med helårsprognosen i tredje kvartalet och visar stark start på fjärde kvartalet 2025

Verve Group
Regulatory press release11/18/2025, 5:00 AM

Verve Group SE remains on track for full year guidance in third quarter and records strong start into fourth quarter 2025

Verve Group
Regulatory press release11/13/2025, 6:30 PM

Verve Group SE: Appointment of Nomination Committee

Verve Group
Verve Q3'25 preview: Pace of recovery and customer base in focus
Analyst Comment11/13/2025, 4:45 PM by
Christoffer Jennel

Verve Q3'25 preview: Pace of recovery and customer base in focus

We expect the company to show flat organic growth, reflecting both the ongoing recovery from the SSP platform unification challenges that impacted Q2 and significantly tougher year-on-year comparisons.

Verve Group
Forum discussions
I believe quite strongly that the share price will go and test the previous 10 SEK (2023) lows. I’m no technical analysis expert, but I’d guess quite a few others think so too, so there probably won’t be much of a crowd on the buy side before that level. Verve as a company has developed...
2/3/2026, 5:09 PM
by Geologiopiskelija
12
You just have to know these things… Loan finalized and price up! That money certainly came at a high price, though.
2/4/2026, 1:54 PM
11
If anyone is wondering why the -6% dip that continued earlier today has started to turn green Verve Group SE Successfully Places Subsequent Senior Unsecured Bonds of EUR 50 million - Inderes Edit. The transaction was oversubscribed and met with strong demand from an international...
2/4/2026, 1:48 PM
by yellowbeak
10
I checked a post from 2023 because I remembered that the loan terms were even more expensive back then, and I noted that yeah, it’s expensive money, but cheaper than 3 years ago, and at that time the share price was around these levels. Now, I think the company is better, so it’s...
2/4/2026, 3:23 PM
by Farseer
9
Sharing similar thoughts and have been an owner for just as long. I’ve bought the dips and trimmed during rallies. Now there is quite a strong overreaction in the air again, so I have added to my position somewhat over the past few days. About the company in general: in my opinion...
2/4/2026, 9:48 AM
by AnttiM
7
I happened to come across that it’s possible to acquire Verve bonds through Mintos at 4% + 3-month Euribor. Mostly in case any owner might be interested. Minimum subscription €50. Not investment advice…
2/13/2026, 6:45 AM
by Blackparta
6
Personally, I would have expected an announcement by now regarding the bond issuance and especially the pricing. Usually, these are well-prepared in advance and then handled quickly so that the matter doesn’t linger in the background. I interpret the duration of the process and the...
2/4/2026, 10:58 AM
4
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