Nel ASA

NEL

NO0010081235

Renewable Energy Equipment & Services

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
5 ^NOK	+9.51%		+5.51%	-27.43%

Apr. 26	Nel ASA Partners with Hy Stor Energy on the Mississippi Clean Hydrogen Hub	CI
Apr. 24	Hydrogen production using electricity to pick up speed - uncertainties remain	DP

NEL ASA : RBC remains its Buy rating

October 23, 2023 at 10:26 am EDT

In a research note, RBC analyst Erwan Kerouredan has maintained his recommendation on the stock with a Buy rating. The target price is unchanged at NOK 22.

Latest news about Nel ASA

Nel ASA Partners with Hy Stor Energy on the Mississippi Clean Hydrogen Hub	Apr. 26	CI
Hydrogen production using electricity to pick up speed - uncertainties remain	Apr. 24	DP
NEL ASA : Berenberg reiterates its Buy rating	Apr. 18	ZD
NEL ASA : Goldman Sachs remains its Buy rating	Apr. 18	ZD
NEL : Model update: Adjusting for a higher-for-longer scenario and EBITDA break-even within the Alkaline division	Apr. 17
NEL : One-offs lift Q1 EBITDA, Alkaline EBITDA trajectory encouraging, Fueling to be spun-off	Apr. 17
Nel ASA Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	CI
Transcript : Nel ASA, Q1 2024 Earnings Call, Apr 17, 2024	Apr. 17
NEL ASA : Receives a Buy rating from RBC	Apr. 15	ZD
NEL ASA : Receives a Buy rating from RBC	Apr. 04	ZD
Nel Wins $90 Million US Funding Grant for Research, Development Projects	Mar. 14	MT
Nel Secures $75 Million of New Cash Incentives for Planned US Electrolyzer Plant	Mar. 14	MT
NEL ASA : Berenberg remains its Buy rating	Mar. 05	ZD
NEL ASA : UBS reiterates its Sell rating	Mar. 04	ZD
NEL ASA : RBC reiterates its Buy rating	Mar. 01	ZD
NEL ASA : JP Morgan gives a Neutral rating	Feb. 29	ZD
NEL : Positive end to 2023; Fueling to be (probably) spun-off; 2024 carries upside risk	Feb. 29
NEL ASA : UBS reaffirms its Sell rating	Feb. 28	ZD
NEL ASA : Goldman Sachs keeps its Buy rating	Feb. 28	ZD
NEL ASA : Jefferies reiterates its Neutral rating	Feb. 28	ZD
NEL ASA : RBC keeps its Buy rating	Feb. 28	ZD
Nel ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Transcript : Nel ASA, Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Nel Explores Potential Spin-off of Fueling Business	Feb. 28	MT
Nel Explores Spin-Off and Separate Listing of the Fueling Division	Feb. 28	CI

Nel ASA is specialized in the development and manufacturing of optimal solutions for the production, storage and distribution of hydrogen from renewable energy sources. Net sales break down by activity as follows: - electrolyser manufacturing (80.3%); - hydrogen stations manufacturing (19.7%): designed to quickly recharge fuel cell electric vehicles. Net sales are distributed geographically as follows: Norway (2.6%), Europe (28.7%), the United States (52.9%), North America (1.9%), Asia (9.5%), Middle East (2.7%), Africa (0.7%), South America (0.6%) and Oceania (0.4%).

Sector

Renewable Energy Equipment & Services

Calendar

2024-07-17 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

NEL : Model update: Adjusting for a higher-for-longer scenario and EBITDA break-even within the Alkaline division

April 17, 2024 at 12:43 pm EDT

More Strategies

Ratings for Nel ASA

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

5 NOK

Average target price

6.475 NOK

Spread / Average Target

+29.50%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Renewable Energy Equipment & Services

	1st Jan change	Capi.
NEL ASA	-27.43%	756M
SUNGROW POWER SUPPLY CO., LTD.	+13.33%	20.12B
SIEMENS ENERGY AG	+57.08%	15.74B
TRINA SOLAR CO., LTD.	-27.87%	6.15B
MING YANG SMART ENERGY GROUP LIMITED	-26.32%	2.78B
GOODWE TECHNOLOGIES CO., LTD.	-30.79%	2.16B
ARRAY TECHNOLOGIES, INC.	-26.19%	1.88B
SHENZHEN HOPEWIND ELECTRIC CO., LTD.	-23.12%	1.18B
SMART GÜNES ENERJISI TEKNOLOJILERI ARASTIRMA VE GELISTIRME ÜRETIM SANAYI VE TICARET	+2.81%	1.06B
AZAD ENGINEERING LIMITED	+98.65%	974M

Other Renewable Energy Equipment & Services

Nel ASA

Equities

NEL

NO0010081235

Renewable Energy Equipment & Services

NEL ASA : RBC remains its Buy rating

Latest news about Nel ASA

Chart Nel ASA

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Nel ASA

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Renewable Energy Equipment & Services