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Verve Group

19.03 SEK

+5.31 %

1,255 following

VER

First North Stockholm

Software

Technology

Overview
Financials & Estimates
Ownership
Investor consensus
Compare
+5.31 %
-12.38 %
-13.18 %
-42.23 %
-46.77 %
-54.36 %
+6.02 %
+24.38 %
+36.42 %

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
3.81B SEK
Turnover
5.19M SEK
P/E (adj.) (25e)
9.86
EV/EBIT (adj.) (25e)
7.71
P/B (25e)
0.7
EV/S (25e)
1.28
Dividend yield-% (25e)
-
Coverage
Recommendation
Buy
Target price
26.00 SEK
Updated
2025-11-19
Disclaimer
 Christoffer Jennel
Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 2025-11-19

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

20/5
2026

Interim report Q1'26

18/8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
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3rd party
ShowingAll content types
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

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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
Press release11/13/2025, 1:00 PM

Modular Finance IR Consensus: Verve – Consensus estimates Q3 2025

Verve Group
Regulatory press release9/30/2025, 8:00 PM

Number of shares and votes in Verve Group SE

Verve Group
Press release9/22/2025, 9:34 AM

Redeye: Verve Group - Two acquisitions in two days

Verve Group
Verve: Strategic acquisitions support valuation
Research9/19/2025, 5:51 AM by
Christoffer Jennel

Verve: Strategic acquisitions support valuation

We consider the acquired valuation levels moderate and view the acquisitions as a good strategic fit, enhancing Verve’s European footprint, expanding its demand-side, and strengthening its data capabilities.

Verve Group
Verve Group, Press Conference, 2025
Webcast9/18/2025, 7:00 AM

Verve Group, Press Conference, 2025

Verve Group förvärvar Captify, stärker sin verksamhet på efterfrågesidan och säkrar en av de största datamängderna för sökningar på webbplatser utanför Walled Gardens. 

Verve Group
Verve continues with acquisitions and strengthens its demand side
Analyst Comment9/18/2025, 6:22 AM by
Christoffer Jennel

Verve continues with acquisitions and strengthens its demand side

Considering the annualized impact of this deal, and in combination with the Acardo acquisition announced earlier this week, we will get back with updated estimates in the near future.

Verve Group
Press release9/17/2025, 3:35 PM

Verve Group förvärvar Captify, stärker sin verksamhet på efterfrågesidan och säkrar en av de största datamängderna för sökningar på webbplatser utanför Walled Gardens

Verve Group
Press release9/17/2025, 3:35 PM

Verve Group acquires Captify, strengthening its Demand Side business and securing one of the largest onsite search datasets outside Walled Gardens

Verve Group
Verve strengthens its European business with a strategic acquisition
Analyst Comment9/17/2025, 6:26 AM by
Christoffer Jennel

Verve strengthens its European business with a strategic acquisition

Verve announced on Tuesday that it is acquiring German-based Acardo Group AG for a purchase price of 24.5 MEUR

Verve Group
Press release9/16/2025, 8:30 PM

Verve Group utökar sin marknadsandel i Europa avsevärt genom förvärvet av Acardo Group AG

Verve Group
Press release9/16/2025, 8:30 PM

Verve Group substantially expands its market reach in Europe via acquisition of Acardo Group AG

Verve Group
Forum discussions
Hey @Mikemagnificent! I completely agree that a longer interview with Remco would be valuable given the latest developments. I’ll look into the possibilities and get back to you as soon as I know more
11/25/2025, 10:45 AM
by Christoffer Jennel
35
Hi everyone! I’ve now received positive signals from the company regarding an interview with Remco next week. If you have any questions, please feel free to ask them here by replying to the post. Please send them by Monday, December 8th at the latest. I will try to collect as many...
12/2/2025, 9:09 AM
by Christoffer Jennel
33
The most essential question is likely whether they believe they can again in the future reach the 2024 profitability level, now that this year has seen weaker profitability, at least due to temporary reasons? Or more precisely, is it possible to achieve better profitability than ...
12/2/2025, 9:37 AM
by Geologiopiskelija
18
1. What is the one thing Verve is currently failing at and how do you plan to fix it within 90 days? 2. Compared to your peers last year, growth and margins are lagging: what are you doing concretely that you didn’t do last year? 3. Which part of the business is currently unprofitable...
14 hours ago
by Putti
16
Hi @christoffer.jennel Could we get a slightly longer interview / Roast with Remco about the company’s situation? (Not some 15-min quick session) The stock is down over 60% in a year, while indices everywhere are massively up, so the underperformance is absolutely terrible. The company...
11/24/2025, 8:55 PM
16
The questions are partly formulated in a moderately passive-aggressive way, but I’m sure Christoffer will make them presentable
13 hours ago
by Vara-Paavi
12
I don’t believe the result decreased because of that change in interpretation, but because of those bad numbers. No one would be interested in an accounting change if the company was booming with high-margin growth. Now that revenue decreased, EBITDA decreased, operating profit decreased...
11/20/2025, 3:02 PM
by Odetus
10
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