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Magnora ASA ( (SVMRF) ) has shared an announcement.
Magnora ASA has released its Q3 2025 financial report, highlighting significant expansions in its data center business, including the establishment of Magnora Data Center AB in Sweden and the acquisition of a majority stake in Storespeed AS in Norway. The company is also accelerating its data center activities due to strong partnership interest and is advancing its renewable energy projects across several countries, including Germany, the UK, Italy, South Africa, and Norway. These developments are expected to enhance Magnora’s market positioning and offer substantial growth opportunities in the clean energy sector.
The most recent analyst rating on (SVMRF) stock is a Buy with a NOK32.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.
More about Magnora ASA
Magnora ASA is a Norwegian company engaged in the development of data centers, wind, solar, and battery projects. It operates across Europe and Africa through various portfolio companies, including Magnora Data Center AB, Storespeed AS, and others. The company is listed on the Oslo Stock Exchange under the ticker MGN.
Average Trading Volume: 80,256
Current Market Cap: NOK1.31B
For detailed information about SVMRF stock, go to TipRanks’ Stock Analysis page.