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The latest announcement is out from NEL ASA ( (NLLSF) ).
Nel ASA reported a significant decline in revenue for the second quarter of 2025, with total revenue dropping to NOK 215 million from NOK 356 million in the same quarter last year. The company faced challenges in its Alkaline division due to a lack of project milestones, contributing to a net loss of NOK 131 million. Despite these setbacks, Nel maintains a strong cash balance and is optimistic about future growth, driven by strategic partnerships and advancements in next-generation technology. The company is positioned to remain a leader in the electrolyser manufacturing industry, with ongoing investments in technology and favorable policy outlooks in the EU and US.
The most recent analyst rating on (NLLSF) stock is a Hold with a NOK4.70 price target. To see the full list of analyst forecasts on NEL ASA stock, see the NLLSF Stock Forecast page.
More about NEL ASA
Nel ASA is a leading hydrogen technology company with a global presence, specializing in PEM and Alkaline electrolyser technology for the production of renewable hydrogen. Their products are crucial for enabling a green hydrogen economy, facilitating the decarbonization of industries such as transportation, refining, steel, and ammonia.
Average Trading Volume: 5,937,867
Current Market Cap: NOK5.15B
For an in-depth examination of NLLSF stock, go to TipRanks’ Overview page.