• Forum
  • Premium
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • FemmeBreaking barriers and building confidence in investing
  • Learn about investing
    • Analysis SchoolLearn how to read and understand stock analysis
    • Investing SchoolGuides and lessons to grow your investing knowledge
    • Portfolio buildersInvesting knowledge for every level, from first steps to advanced portfolio strategies.
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Insider TransactionsTrack buying and selling activity by company insiders
    • Virtual Analyst ChatAsk questions and get instant AI-powered investment insights
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

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.

Log in to your Inderes Free account to see all free content on this page.
Create account

Fortum

19.89 EUR+1.58 %17.7. klo 18.29
29,883 following

FORTUM

NASDAQ Helsinki

Multi

Energy

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Analyst consensus
Compare
+1.58 %
+0.38 %
-9.24 %
+1.14 %
+9.38 %
+27.43 %
+65.92 %
-13.05 %
+249.80 %

Fortum is active in the energy sector. In addition to the provision of electricity, a number of technical solutions are offered in heat optimization as well as apps that are used to keep track of energy consumption. The company also provides charging stations for electric cars. The largest activity is found around the Nordic market. The company was founded in 1998 and is headquartered in Espoo.

Read more
Market cap
17.84B EUR
Turnover
15.89M EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Reduce
Target price
Updated
17.07.2026
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types

Forum discussions
I was looking at Q2 spot electricity prices for the years '25 and '26, and there are quite significant differences. April €47.45 ---- €49.46 May €18.14 ---- €52.93 June €18.57 ---- €45.27 The latter price is from the current year. Prices are in € / MWh. The Q2 report will be out ...
7/1/2026, 11:41 AM
by VahvaRupla
22
What’s missing from this morning’s news coverage regarding Fortum’s takeover bid is that a bidding war is currently underway. A Spanish company recently submitted an offer for Elmera, and now Fortum has placed a second, fatter bid. It is therefore not out of the question that the...
6/29/2026, 6:03 AM
by PörssiPatruuna
14
Futuurt is promising a nice price increase for the end of the year and the beginning of 2027; this refers to the Finnish area price. Q4/2026 (Oct–Dec) approx. 55–70 €/MWh Q1/2027 (Jan–Mar) approx. 70–95 €/MWh
7/8/2026, 8:07 AM
by VahvaRupla
12
The decision to shut down was made by Fortum, not the National Emergency Supply Agency (NESA/HVK), and the decision was certainly “science based”: meaning it generated far too little profit considering the potential of the area—and it was fossil-based. Security of supply is not Fortum...
6/29/2026, 6:28 AM
by Paapaa
11
Is there something wrong with Fortum’s dividend policy? Or are you trying to find even “better” targets? Is there any information that the dividend wouldn’t increase for the coming years, given that the price of electricity inevitably seems to be rising?
7/8/2026, 7:46 AM
by Junnu
6
Hopefully, production has been running well so we can reach an EPS level of €0.22–€0.25 in Q2. Good optimization supports this goal! Then, in the spring of '27, we can look forward to dividends in the €1 range again.
7/3/2026, 7:22 AM
by VahvaRupla
6
I have been wondering when it would be “sensible” to sell Fortum shares. I hold them in an equity savings account (OST), and they have performed quite nicely. The price is up +70% + dividends, with an average price of 11.68 EUR. My strategy with the OST is to acquire the highest ...
7/8/2026, 7:36 AM
5
Read more on our forum
Juha Kinnunen
Juha Kinnunen

Analyst

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.7.
2026

Interim report Q2'26

28.10.
2026

Interim report Q3'26

Regulatory press release29.06.2026 klo 08.00

Inside information: Agreement between Elmera Group and Fortum on recommended voluntary cash tender offer to the shareholders of Elmera Group

Fortum
Press release17.06.2026 klo 14.00

Fortum will publish its January-June 2026 Half-year Financial Report on 21 July 2026

Fortum
Regulatory press release15.06.2026 klo 16.50

Fortum Shareholders' Nomination Board 2026-2027

Fortum

Join Inderes community

Don't miss out - create an account and get all the possible benefits

FREE account
Stock market's most popular morning newsletter
Analyst comments and recommendations
Stock comparison tool
PREMIUM account
All company reports and deep analyses
Premium tools: model portfolio, screener, insider transactions
Premium columns: Guest column, expert insights
Inderes MCP - Inderes data directly into your AI tools
Create account
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Tiina Tuomela

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Nebahat Albayrak

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Peter Strannegård

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Petra Lundström

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Mikael Rönnblad

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Karin Svenske Nyberg

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Markus Rauramo

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Kati Levoranta

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Simon-Erik Ollus

Fortum
Regulatory press release05.05.2026 klo 17.00

Fortum Corporation: Managers' transactions - Mikael Lemström

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Emmanuelle Verger-Chabot

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Johan Söderström

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Vesa-Pekka Takala

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Marita Niemelä

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Ralf Christian

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Stefanie Kesting

Fortum
Regulatory press release04.05.2026 klo 17.15

Fortum Corporation: Managers' transactions - Jonas Gustavsson

Fortum