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Bittium

38.15 EUR-2.80 %21.8. klo 18.29
8,496 following

BITTI

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
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-2.80 %
+47.58 %
-4.27 %
+29.76 %
+27.38 %
+224.96 %
+858.54 %
+543.34 %
+149.26 %

Bittium specializes in developing secure communication and connectivity solutions using technology and knowledge of radio technology. The products are used for mobile devices, computers, and other technological products in healthcare, defense, and other industries. Examples of work areas include cardiology, neurology, and rehabilitation. The company is headquartered in Oulu.

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Market cap
1.36B EUR
Turnover
1.98M EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
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Target price
Updated
10.08.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
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Forum discussions
Below are the key figures for the Defence & Security (D&S) business segment. After crunching the numbers in Excel and following the Q2’26 webcast, I concluded that a significant portion of the D&S segment’s revenue growth and improved profitability in Q2’26 is likely explained by...
8/9/2026, 10:50 AM
by R-o-E
29
Really impressive. Not only was Q1’s slight shortfall against forecasts recovered, but we exceeded them, and by a wide margin. It seems orders are pouring in—the kind that either don’t need to be announced or aren’t considered significant enough to disclose. Either works for me. ...
8/7/2026, 6:20 AM
27
Great 2Q2026, especially considering that there weren’t really any actual new sales announcements released. Well, of course, Indra only came along towards the end of 2025. And 2H2026 should be better. Likely, the familiar cases have been trading more and across a larger portion of...
8/7/2026, 8:43 AM
by Opa
23
These long-term financial targets are starting to look like nothing more than paper. The investments in internationalization were supposed to have an impact by 2026. “Bittium targets an average annual net sales growth of 20–30 percent and an operating profit level of 10–20 percent...
8/7/2026, 1:55 PM
by Tomi Lindell
20
From the NuWays analysis: nuways-ag.com NuWays Platform The book-to-bill ratio is indeed 1.32, which I understand to be a very strong indicator of future growth as well. In other words, for every euro delivered, Bittium received 1.33 euros in new orders. Thus, the order backlog grew...
8/10/2026, 8:32 AM
by Hanhinääri
13
Linkki SEB:n analyysiraporttiin, missä käyvän arvon haarukkaan tuli muutos: "We lift our fair equity value range to EUR 35-45 (31-40) per share We hike our fair equity value range due to our estimate hikes." https://research.sebgroup.com/corporate/reports/143472
8/10/2026, 9:44 AM
by R-o-E
11
Juha Kinnunen’s quick comment: Strong defense deliveries and orders significantly exceeded expectations Bittium’s Q2 result clearly exceeded our expectations in terms of both revenue and profitability, thanks to strongly accelerated product deliveries in the Defense & Security segment...
8/7/2026, 7:16 AM
11
Read more on our forum
Juha Kinnunen
Juha Kinnunen

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10.
2026

Business review Q3'26

Third party research10.08.2026 klo 09.14

Bittium: Q2 review - Blow out sales and order intake; PT UP - NuWays AG Research

Bittium printed an exceptional Q2. Sales grew 60.1% yoy to € 36.6m (eNuW: € 27.2m, eCons: €29.3m), a 25% beat vs consensus, on very strong Defense & Security (D&S) backlog conversion and product deliveries. D&S sales doubled yoy to € 28.7m (eNuW: € 19m...

Bittium
Bittium Oyj, Q2'26
Webcast07.08.2026 klo 09.00

Bittium Oyj, Q2'26

Bittium
Regulatory press release07.08.2026 klo 08.00

Bittium Oyj: Bittium Corporation's Half-Year Financial Report January-June 2026

Bittium

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Regulatory press release07.08.2026 klo 08.00

Bittium Oyj: The Board of Directors of Bittium Corporation has decided on the distribution of extraordinary dividend

Bittium
Third party research31.07.2026 klo 09.36

Bittium Q2 preview: backlog supports growth, H2 has catalyst firepower - NuWays AG Research

Bittium will publish its H1'26 report on August 7. Publicly announced orders during Q2'26 totalled € 26.6m, the vast majority from FDF and set for delivery during FY26. Growth this year is still supported by the very strong order intake from December...

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Petri Hiljanen

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Teemu Hannula

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Niina Huikuri

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Erik Ahnger

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Kari Jokela

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Karoliina Malmi

Bittium
Regulatory press release01.07.2026 klo 15.15

Bittium Corporation - Managers' Transactions - Tommi Kangas

Bittium
Regulatory press release01.07.2026 klo 09.10

Bittium Oyj: Transfer of own shares based on the long-term incentive programme of Bittium Corporation

Bittium
Regulatory press release11.06.2026 klo 12.45

Inside information: Bittium Wireless Ltd, a subsidiary of Bittium Corporation, received a significant order from the Finnish Defence Forces for next-generation Bittium Tough SDR radios

Bittium
Third party research10.06.2026 klo 09.25

Bittium plugs drones into its secured tactical network - NuWays AG Research

Yesterday, Bittium announced two significant developments. The first is a software upgrade adding AI and electronic warfare (EW) capabilities to its radios, through its partnership with MarshallAI. The second is a product launch, Tough SDR Unmanned, ...

Bittium
Third party research30.04.2026 klo 09.13

Bittium: Q1 missed, but order intake momentum remains exceptional - NuWays AG Research

Yesterday, Bittium published its Q1'26 business review. Group sales increased 10.2% yoy to € 21.3m vs. eNuW € 26.9m and BBG cons. € 27.6m, with the miss mainly stemming from deliveries timing, thus not a cause for concern (eNuW). EBITDA came in at € ...

Bittium
Regulatory press release29.04.2026 klo 08.00

Bittium Oyj: Bittium Corporation's Business Review January-March 2026

Bittium
Third party research23.04.2026 klo 09.35

Bittium Q1 preview: excellent growth, pipeline rich in catalysts - NuWays AG Research

Bittium will publish its Q1'26 results on April 29. Q1'26e group net sales are seen to grow strongly 39% yoy to € 26.9m, with Defense & Security doing the heavy lifting with an impressive +91% yoy to € 20.5m (eNuW). Aggregate growth in Q1 is expected...

Bittium
Regulatory press release22.04.2026 klo 15.30

Bittium Oyj: Decisions of Bittium Corporation's Annual General Meeting and the Organizing Meeting of the Board of Directors

Bittium
Regulatory press release15.04.2026 klo 09.15

Bittium Oyj: New Share-Based Incentive Scheme for Bittium's Management

Bittium