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Enea AB
(ENEA)
Enea AB (ENEA) vs. iShares MSCI Sweden ETF (EWD)
Enea AB Business Overview & Revenue Model
Enea AB Earnings Call Summary
Enea AB Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 889.00M | 920.19M | 912.68M | 927.67M | 975.62M |
| Gross Profit | 528.20M | 724.44M | 697.68M | 713.99M | 624.96M |
| EBITDA | 214.60M | 390.24M | 240.00M | 295.23M | 372.83M |
| Net Income | 49.40M | 143.06M | -550.72M | 108.95M | 200.26M |
Balance Sheet | |||||
| Total Assets | 2.29B | 2.54B | 2.58B | 3.32B | 3.03B |
| Cash, Cash Equivalents and Short-Term Investments | 97.60M | 161.52M | 261.79M | 231.30M | 211.37M |
| Total Debt | 352.70M | 303.47M | 509.44M | 587.80M | 776.46M |
| Total Liabilities | 648.30M | 693.68M | 900.98M | 1.03B | 1.26B |
| Stockholders Equity | 1.64B | 1.85B | 1.68B | 2.29B | 1.78B |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 272.31M | 166.91M | 28.63M | 193.18M |
| Operating Cash Flow | 106.60M | 279.20M | 263.46M | 166.84M | 333.74M |
| Investing Cash Flow | -98.90M | -92.68M | -95.22M | 34.81M | -517.78M |
| Financing Cash Flow | -49.00M | -300.72M | -126.01M | -205.83M | 191.54M |
Enea AB Technical Analysis
Enea AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | kr1.14B | 22.96 | ― | ― | 0.86% | 73.68% | |
55 Neutral | kr1.30B | 2.62 | ― | 1.92% | -8.38% | -38.17% | |
52 Neutral | kr1.23B | -0.63 | 1.00% | ― | -21.66% | ― | |
45 Neutral | kr657.86M | -10.60 | -26.80% | ― | 2.08% | -168.70% | |
44 Neutral | kr2.28B | -13.09 | ― | ― | 10.25% | -698.93% |
Enea AB Corporate Events
Enea AB has repurchased 22,326 of its own shares on Nasdaq Stockholm between 16 and 20 February 2026 under an existing buyback mandate of up to SEK 50 million. The company aims to adjust its capital structure over time and intends to cancel the repurchased shares at future annual general meetings, effectively reducing the share count.
Following these transactions, Enea now holds 1,592,819 treasury shares out of a total 20,560,581 issued shares, leaving 18,967,762 shares outstanding. The move underscores management’s focus on capital efficiency and shareholder value, and signals confidence in the company’s long-term prospects within the telecom and cybersecurity software market.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK64.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has continued its ongoing share buyback programme, repurchasing 19,385 of its own shares on Nasdaq Stockholm between 9 and 13 February 2026 under a mandate from the 2025 annual general meeting. The initiative is designed to fine-tune the company’s capital structure over time and is intended to enhance shareholder value by ultimately cancelling the repurchased shares at future shareholder meetings.
The purchases form part of a previously announced buyback plan of up to SEK 50 million being executed within EU safe harbour rules by DNB Carnegie on Enea’s behalf. After these transactions, the company holds 1,570,493 treasury shares out of a total 20,560,581, leaving 18,990,088 shares outstanding, a change that modestly increases earnings per share and voting power for remaining shareholders.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK62.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 20,000 of its own shares on Nasdaq Stockholm between 2 and 6 February 2026, under a buyback mandate of up to SEK 50 million authorized by shareholders. The programme is aimed at adjusting the company’s capital structure over time to better match its capital needs and is expected to enhance shareholder value through the eventual cancellation of the repurchased stock.
All transactions were executed by DNB Carnegie on Enea’s behalf in accordance with EU market abuse and safe-harbour regulations, at weighted average prices ranging from about SEK 62 to SEK 67 per share. Following these buybacks, Enea holds 1,551,108 treasury shares out of a total 20,560,581 shares, leaving 19,009,473 shares outstanding and modestly increasing ownership concentration for remaining investors.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK66.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 19,851 of its own shares on Nasdaq Stockholm between January 26 and 30, 2026 under its previously announced share buyback program of up to SEK 50 million. Conducted via DNB Carnegie and in line with EU Safe Harbour rules, the buybacks are intended to optimize the company’s capital structure and enhance shareholder value, with the repurchased shares expected to be cancelled at future annual meetings; following these transactions, Enea holds 1,531,108 treasury shares, leaving 19,029,473 shares outstanding out of a total 20,560,581 shares.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK66.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has clarified details of a newly announced five-year Deep Packet Inspection (DPI) project in partnership with Digis Squared for a Tier-1 mobile network operator in the Middle East and North Africa, with the contract valued at USD 1.8 million for Enea. The company emphasized that the deal aligns with its existing financial guidance and will not affect its financial results for the first quarter of 2026, suggesting a steady integration of the project into its operations without near-term earnings impact while reinforcing its presence in advanced network analytics and security solutions for major operators in the MENA region.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK66.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea and managed services and systems integrator Digis Squared have secured a major deep packet inspection and traffic management project with a Tier‑1 mobile network operator in the Middle East and North Africa, leveraging Enea’s Integra Traffic Management software and Digis Squared’s integration and consulting expertise. The deployment will give the operator advanced network traffic intelligence to support data monetisation, stronger policy control for regulatory compliance, and large‑scale network performance optimisation, reinforcing Enea’s position in carrier‑grade traffic management and expanding the regional and global scope of its strategic partnership with Digis Squared.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK66.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB reported a soft fourth quarter of 2025, with net sales declining 5.1% year-on-year to SEK 238.7 million, though currency-adjusted revenue grew slightly by 0.9%, as all three segments—network, security, and operating systems—registered modest declines. Despite the top-line pressure, profitability improved in the quarter, with adjusted EBITDA rising to SEK 95.0 million and the margin strengthening to 39.8%, while full-year sales dipped 1.7% to SEK 889.0 million but grew 2.1% on a currency-adjusted basis, indicating underlying resilience in demand. However, full-year earnings weakened sharply, with profit after tax falling to SEK 49.4 million and operating cash flow more than halving to SEK 106.6 million, signaling pressure on cash generation and returns for shareholders even as the company maintained robust profitability metrics and modest growth in its core network business.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK87.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has repurchased a total of 20,000 of its own shares on Nasdaq Stockholm between January 19 and 23, 2026, under the share buyback program of up to SEK 50 million authorized by its 2025 Annual General Meeting. The transactions, executed by DNB Carnegie in compliance with EU market regulations, are intended to adjust the company’s capital structure and enhance shareholder value, with the repurchased shares expected to be cancelled at future shareholder meetings; following these purchases, Enea holds 1,511,257 treasury shares, leaving 19,049,324 shares outstanding out of 20,560,581 issued.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK87.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has continued its ongoing share buyback programme, repurchasing 19,461 of its own shares on Nasdaq Stockholm between 12 and 16 January 2026 under a mandate from the 2025 Annual General Meeting. The transactions, executed by DNB Carnegie and conducted under the EU’s Safe Harbour rules, form part of a buyback plan of up to SEK 50 million intended to optimise the company’s capital structure and enhance shareholder value, with the repurchased shares expected to be cancelled at future annual general meetings; following these purchases, Enea holds 1,491,257 treasury shares, leaving 19,069,324 shares outstanding.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK87.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 10,500 of its own shares on Nasdaq Stockholm between 5 and 9 January 2026 under a previously announced buyback program of up to SEK 50 million, authorized by the 2025 Annual General Meeting. The transactions, executed by DNB Carnegie in compliance with EU Market Abuse and Safe Harbour regulations, increase the company’s treasury stock to 1,471,796 shares and reduce the number of outstanding shares to 19,088,785, supporting Enea’s strategy to optimize its capital structure over time and enhance shareholder value ahead of future Annual General Meetings, where the intention is to cancel the repurchased shares.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has invited investors, analysts, and media to a presentation of its fourth-quarter 2025 report, to be held on January 30, 2026, at 08:30 a.m. CEST via webcast and conference call, led by CEO Teemu Salmi and CFO Ulf Stigberg and followed by a Q&A session. The interim report, presentation materials, and a recording will be published on the company’s website, underlining Enea’s efforts to maintain transparency and active engagement with the capital market as it reports on its performance in the telecom and cybersecurity software sector.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has continued its ongoing share buyback program, repurchasing a total of 12,000 of its own shares on Nasdaq Stockholm between 29 December 2025 and 2 January 2026 as part of a previously announced mandate of up to SEK 50 million. The repurchases, executed by DNB Carnegie under EU market abuse and safe-harbour regulations, are intended to optimize the company’s capital structure and enhance shareholder value, with the acquired shares expected to be cancelled at future annual general meetings; following these transactions Enea holds 1,461,296 treasury shares, leaving 19,099,285 shares outstanding out of a total 20,560,581.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has secured a USD 3.7 million contract to supply Traffic Management and Traffic Intelligence solutions to a government customer in Northern Africa, underscoring the company’s growing role in national security-focused telecommunications. The deal, which includes USD 2.4 million in software licenses to be recognized as revenue in the fourth quarter of 2025 and additional support and maintenance revenue spread over four years, deploys the Enea Integra Traffic Management platform, Traffic Classifier, Virtual Load Balancer, and Qosmos IxEngine to enhance encrypted traffic classification, regulatory compliance, threat detection, and large-scale traffic handling. The award highlights Enea’s positioning as a key provider of scalable, security-centric network intelligence solutions for government stakeholders amid heightened geopolitical and cybersecurity concerns.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 8,000 of its own shares on Nasdaq Stockholm between 22 and 23 December 2025 under a previously announced share buyback program of up to SEK 50 million. Executed by DNB Carnegie within EU Safe Harbour rules, the buybacks are intended to optimize the company’s capital structure and enhance shareholder value, with the repurchased shares expected to be cancelled at future annual general meetings; following these transactions Enea holds 1,449,296 treasury shares, leaving 19,111,285 shares outstanding out of a total 20,560,581.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has secured a seven-year contract worth up to EUR 4.9 million with a European Tier-1 telecom operator for a cloud-native access control solution, underscoring the Swedish software vendor’s strengthening position in critical network functions. The initial order of EUR 2.1 million, covering software licenses, professional services and technical support, will generate around EUR 0.9 million in net sales in the fourth quarter of 2025, with additional orders expected over the contract period. The deployment will help modernize the operator’s network, support its migration to cloud-native infrastructure, and automate testing and rollout of new services, deepening an already long-standing partnership and reinforcing Enea’s role as a key technology provider to major European carriers.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has continued its share buyback programme, repurchasing 18,500 of its own shares on Nasdaq Stockholm between 15 and 19 December 2025 under the mandate granted by the 2025 Annual General Meeting. The purchases, executed by DNB Carnegie within the company’s SEK 50 million buyback framework and in line with EU safe harbour rules, are intended to optimise Enea’s capital structure and enhance shareholder value ahead of a planned cancellation of the repurchased shares at future AGMs. Following these transactions, Enea holds 1,441,296 treasury shares out of a total 20,560,581 shares outstanding, leaving 19,119,285 shares in the market, a move that incrementally increases ownership concentration for remaining shareholders and signals continued capital-management discipline.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has secured a EUR 1.3 million contract from the Homeland Security Department of an unnamed Asian country to supply its Qosmos Probe solution, with EUR 0.9 million to be recognized as revenue in the fourth quarter of 2025. The deployment, built on Enea’s Qosmos ixEngine deep packet inspection technology, will give the government customer enhanced real-time visibility into domestic and international data traffic to strengthen its cybersecurity threat detection, while also underlining Enea’s position in real-time traffic analysis and advancing its strategic push into the governmental sector.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 12,388 of its own shares as part of a buyback program aimed at optimizing its capital structure to enhance shareholder value. This buyback is part of a larger SEK 50 million program running until the 2026 Annual General Meeting, following EU regulations, and reflects Enea’s strategic financial management to adapt to its capital needs.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 12,413 of its own shares as part of a SEK 50 million buyback program to adjust its capital structure and enhance shareholder value. This initiative, compliant with EU regulations, reflects Enea’s strategic financial management and could influence its market positioning by optimizing capital allocation.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea has successfully contained a limited data breach involving non-production test data linked to a third-party software, affecting fewer than 20 of its over 200 customers. The incident did not impact the security of Enea’s products, which continue to meet high industry security standards, and all affected customers and relevant authorities have been notified.
The most recent analyst rating on (SE:ENEA) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.
Enea AB has repurchased 11,607 of its own shares between November 24 and 28, 2025, as part of a share buyback program aimed at optimizing its capital structure and enhancing shareholder value. This buyback is part of a larger SEK 50 million program announced in July 2025, adhering to EU regulations, and is expected to influence the company’s financial strategy and market positioning.
The most recent analyst rating on (SE:ENEA) stock is a Hold with a SEK74.00 price target. To see the full list of analyst forecasts on Enea AB stock, see the SE:ENEA Stock Forecast page.