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Net Insight AB Class B (SE:NETI.B)
:NETI.B

Net Insight AB Class B (NETI.B) AI Stock Analysis

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SE:NETI.B

Net Insight AB Class B

(NETI.B)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
kr2.50
▼(-34.38% Downside)
Action:ReiteratedDate:02/18/26
The score is held back primarily by the 2025 deterioration in profitability and especially cash flow, despite a strong low-debt balance sheet. Technical indicators also remain bearish with price below key moving averages and a negative MACD. Valuation is not supportive due to losses (negative P/E) and no dividend yield data.
Positive Factors
Low-leverage balance sheet
Very low leverage and a stable equity base provide financial resilience. Over the next 2–6 months this reduces solvency risk, preserves capacity to fund projects or absorb temporary losses, and gives management flexibility to invest in product development or pursue strategic opportunities.
Strong gross and EBITDA margins
Sustained mid-50%+ gross margins and positive EBITDA margin imply pricing power and scalable software/service economics. These margins create structural capacity to support R&D, platform improvements, and long-term profitability if revenue stabilizes, making business economics durable.
Recurring revenue streams & secular demand
A mix of support/maintenance, services and licensing creates recurring and sticky revenue components. Combined with secular adoption of IP-based remote production, this increases addressable market and customer retention potential, supporting steadier revenue over the medium term.
Negative Factors
Cash-flow deterioration
A sharp reversal to negative operating and free cash flow materially raises funding and execution risk. If sustained beyond a quarter or two, it may force external financing, capex cuts, or reduced R&D and service investment, impairing long-term growth and competitive positioning.
Profitability swung to loss
The move to a net loss signals structural pressure on margins or cost base. Even with solid gross margins, compressed operating profitability undermines retained earnings and limits reinvestment capacity, raising questions about scalability of the current cost structure absent revenue recovery.
Negative revenue growth trend
Material negative revenue growth indicates weakening demand or lost market share. Over a multi-quarter horizon this reduces operating leverage benefits from strong gross margins, pressures margins and cash flow, and makes long-term recovery dependent on winning sizeable new contracts or market rebound.

Net Insight AB Class B (NETI.B) vs. iShares MSCI Sweden ETF (EWD)

Net Insight AB Class B Business Overview & Revenue Model

Company DescriptionNet Insight AB (publ) offers media network solutions worldwide. It offers professional media transport solutions, including remote production, customer provisioned networks, live contribution, internet media transport, ATSC 3.0 transport, cloud ingest, and affiliate interconnect and distribution under the Nimbra name, as well as live IP media function virtualization solutions under the Aperi name. The company also provides support, training, and professional services. It sells its products and services through its sales force and network partner. The company serves broadcasters, enterprises, service providers, content owners, and production companies. Net Insight AB (publ) was founded in 1997 and is headquartered in Solna, Sweden.
How the Company Makes MoneyNet Insight generates revenue through a combination of software licensing, hardware sales, and service contracts. The majority of its income comes from the sale of its media transport solutions, which facilitate the transmission of high-quality video and data across networks. Additionally, the company offers maintenance and support services, creating a recurring revenue stream. Key partnerships with major telecom operators and broadcasters enhance its market reach and contribute significantly to its earnings. The increasing demand for high-definition content and the shift towards IP-based broadcasting systems further bolster Net Insight's financial performance.

Net Insight AB Class B Financial Statement Overview

Summary
Mixed fundamentals: a strong, low-leverage balance sheet (Balance Sheet Score 82) provides resilience, but recent operating trends weakened with a 2025 revenue decline, a swing to a net loss (Income Statement Score 54), and a sharp deterioration in cash generation with negative operating and free cash flow (Cash Flow Score 33).
Income Statement
54
Neutral
Revenue expanded strongly from 2021–2024, but 2025 annual revenue declined (~-3%), signaling a growth slowdown. Profitability also weakened materially: the company moved from a healthy profit in 2024 (double-digit net margin) to a small net loss in 2025, with operating profitability compressing sharply. Offsetting positives, gross margin remains solid (mid-50%+ in 2025) and EBITDA margin stayed positive, but the overall earnings trajectory deteriorated in the most recent year.
Balance Sheet
82
Very Positive
The balance sheet looks conservatively financed, with very low leverage across the period (debt-to-equity roughly ~2%–6%). Equity remains substantial and relatively stable, providing a strong cushion even as earnings turned negative in 2025. The main drawback is that returns on equity have been volatile, including a drop to losses in 2025, but solvency risk appears limited given the modest debt load.
Cash Flow
33
Negative
Cash generation weakened significantly in 2025: operating cash flow turned negative and free cash flow fell deeply negative, a sharp reversal from positive operating cash flow in 2021–2024 and generally positive free cash flow in those years. While 2024 showed good cash generation and reasonable conversion, the latest year’s cash burn is the key concern and raises execution and funding-risk questions if it persists.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue521.17M608.01M559.37M475.12M380.69M
Gross Profit274.49M372.79M341.79M297.66M228.38M
EBITDA98.13M171.18M148.32M132.05M87.67M
Net Income-7.55M71.05M60.10M54.02M23.80M
Balance Sheet
Total Assets799.59M834.78M838.40M845.20M828.62M
Cash, Cash Equivalents and Short-Term Investments82.68M232.94M266.40M307.15M353.66M
Total Debt39.41M13.29M24.29M32.17M34.20M
Total Liabilities173.53M188.41M216.24M240.11M182.09M
Stockholders Equity626.07M646.37M622.16M605.09M646.53M
Cash Flow
Free Cash Flow-127.06M24.93M11.26M58.09M42.01M
Operating Cash Flow-39.38M128.24M107.32M148.83M103.72M
Investing Cash Flow-87.68M-103.31M-96.29M-90.90M8.63M
Financing Cash Flow-22.07M-59.13M-52.72M-104.98M-41.30M

Net Insight AB Class B Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.81
Price Trends
50DMA
2.85
Negative
100DMA
3.37
Negative
200DMA
3.73
Negative
Market Momentum
MACD
-0.14
Negative
RSI
42.60
Neutral
STOCH
67.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NETI.B, the sentiment is Negative. The current price of 3.81 is above the 20-day moving average (MA) of 2.13, above the 50-day MA of 2.85, and above the 200-day MA of 3.73, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 42.60 is Neutral, neither overbought nor oversold. The STOCH value of 67.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NETI.B.

Net Insight AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
kr366.19M16.248.23%14.89%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
60
Neutral
kr3.15B20.749.68%1.11%-1.85%-16.44%
47
Neutral
kr730.29M-99.770.87%-15.56%-92.87%
44
Neutral
kr210.03M-14.18-5.81%-9.79%-144.24%
44
Neutral
kr63.93M-1.93-24.59%-48.24%-48.99%
43
Neutral
kr411.34M-6.19-52.89%53.78%19.38%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:NETI.B
Net Insight AB Class B
2.19
-2.56
-53.90%
SE:EPEN
Beijer Electronics Group AB
98.10
-13.58
-12.16%
SE:TAGM.B
TagMaster AB Class B
25.00
10.55
73.01%
SE:GAPW.B
Gapwaves AB Class B
11.32
-1.12
-9.03%
SE:MAVEN
Maven Wireless Sweden AB
4.00
-4.32
-51.92%
SE:INCOAX
InCoax Networks AB
0.49
-1.21
-71.35%

Net Insight AB Class B Corporate Events

Net Insight’s New CEO Boosts Stake With SEK 10 Million Share Purchase
Feb 13, 2026

Newly appointed CEO Andreas Eriksson has purchased 5,200,000 shares in Net Insight AB, corresponding to a total value of SEK 10 million, in a transaction completed on 12 February. The sizeable share acquisition signals a strong personal commitment to the company’s future and may be read by investors as a vote of confidence in Net Insight’s strategic direction and growth prospects.

As the company continues to expand its role in global media transport and 5G time synchronization markets, the CEO’s increased ownership further aligns management’s interests with those of shareholders. This move could strengthen market perception of Net Insight’s leadership stability at a time when innovation in cloud-based and IP-based media workflows is intensifying competitive dynamics across the broadcasting and telecom sectors.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight posts 2025 loss, bets on 400G platform and restructuring for recovery
Feb 11, 2026

Net Insight reported a difficult 2025, with full-year net sales falling 14.3% to SEK 521.2 million and profitability turning negative, as EBIT slipped to a loss of SEK 2.0 million amid currency headwinds, weaker macro conditions and longer sales cycles in its time synchronization business. The company implemented a SEK 30 million annual cost-saving program, continued to invest in its new 400G media platform, secured a first commercial 400G order from a major North American sports broadcaster, and reorganized its commercial leadership, while warning that subdued demand and slower-than-expected traction mean its long-term financial targets will be harder to reach by 2027.

In the fourth quarter, sales declined 12.5% to SEK 116.9 million and EBIT swung to a loss of SEK 5.1 million, though operating cash flow was supported by excluding a large FPGA-related payment. New CEO Andreas Eriksson, appointed in January 2026, plans to sharpen sales and marketing execution, address product gaps in compression, cloud and smaller installations, and prioritize converting time synchronization test projects into rollouts in 2026 to rebuild growth and strengthen the company’s competitive position.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight taps industry veteran Chris Myers to lead Americas sales push
Feb 5, 2026

Net Insight AB has appointed Chris Myers as Senior Vice President of Sales Americas, tasking him with driving commercial execution and deepening strategic customer relationships across the region for the company’s media portfolio. Myers, a veteran of more than two decades in broadcast, media and cloud-based video services with prior senior roles at LTN Global Communications, Encompass Digital Media and ABC News, is expected to strengthen Net Insight’s growth ambitions in the Americas, a key strategic market, by helping Tier-1 broadcasters, streaming platforms and sports organizations modernize and scale their media networks, reinforcing the company’s competitive position in live production, contribution and distribution solutions.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Names Nadia Kolli Chief Commercial Officer to Drive Growth
Jan 30, 2026

Net Insight AB has appointed Nadia Kolli as its new Chief Commercial Officer, effective immediately, after she served as Acting CCO since January 12, 2026. Kolli, who joined the company in 2018 and most recently led EMEA sales for Media Networks, brings extensive international leadership and complex system sales experience from prior roles at Harmonic, Ericsson and Tandberg Television, and will join the executive management team, a move CEO Andreas Eriksson says is aimed at strengthening the company’s commercial growth and consolidating its market position in media and broadcast technology.

The most recent analyst rating on ($SE:NETI.B) stock is a Sell with a SEK2.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Sets February Date for 2025 Year-End Report and Investor Webcast
Jan 28, 2026

Net Insight has announced that it will publish its year-end report for 2025 on 11 February 2026 at 07:30 CET, followed by a live web conference at 09:00 CET where CEO Andreas Eriksson and CFO Cecilia Höjgård Höök will present and comment on the results in English. The event, hosted via a Carnegie Live webcast and later available on demand, underscores the company’s effort to maintain transparent communication with investors and stakeholders as it reports on performance in its core markets of media transport, cloud-based workflows and network synchronization.

The most recent analyst rating on ($SE:NETI.B) stock is a Sell with a SEK2.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Flags Q4 Loss as Media Sales Weaken, 5G Time Sync Business Surges
Jan 23, 2026

Net Insight has issued a preliminary earnings update indicating a challenging fourth quarter of 2025, with net sales expected to fall to about SEK 117 million from SEK 134 million a year earlier and EBIT swinging to a loss of approximately SEK 5 million from a SEK 5 million profit. The decline was driven by weaker demand for media products in EMEA and APAC and currency headwinds from a weaker U.S. dollar, partly offset by stronger Americas sales following the launch of its new 400G product and a roughly 40 percent surge in time synchronization revenues to SEK 20 million as Türk Telekom accelerated its 5G-related rollout. Cost-saving measures implemented during 2025 reduced quarterly expenses and mitigated the earnings impact, but cash flow remained negative at SEK -14 million due to large component-related payments, signaling a quarter of operational and regional headwinds even as the newer product lines and 5G synchronization business gained traction.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK3.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Updates Nomination Committee Ahead of 2026 AGM
Jan 13, 2026

Net Insight has announced a change in its Nomination Committee ahead of the 2026 annual general meeting, with Jeffrey Meyers stepping down and Carina Ingerby, appointed by Wilda Go AB, joining as a new member. Following this change, the committee now comprises Stina Barchan of Briban Invest AB, Carina Ingerby of Wilda Go AB, Jesper Bergström of Handelsbanken Funds, and board chair Anna Söderblom, and shareholders have been invited to submit proposals to the committee by early February 2026, underscoring the company’s ongoing corporate governance process and shareholder influence over board composition.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Names CCO Andreas Eriksson as New CEO to Lead Next Growth Phase
Jan 12, 2026

Net Insight has appointed internal candidate Andreas Eriksson as its new chief executive officer, effective 12 January 2026, succeeding retiring CEO Crister Fritzson after a six-year tenure. Eriksson, currently chief commercial officer and a veteran of senior roles at Telstra Broadcast Services and Ericsson’s media businesses, is expected to drive the next phase of growth by further developing and expanding Net Insight’s media transport and time synchronization operations, while the company launches an immediate search for a new CCO and installs EMEA sales head Nadia Kolli as acting CCO, signaling a leadership transition designed to reinforce its strategic positioning in the broadcast and media technology market.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Expands APAC Presence With New Time Synchronization Trials in Japan
Jan 7, 2026

Net Insight has secured a new order from long‑time partner ITOCHU Cable Systems to continue and expand network‑based, GNSS‑resilient time synchronization trials across Japan, with delivery planned for the first quarter of 2026. The deal deepens Net Insight’s footprint in the strategically important APAC region and particularly in Japan, where operators preparing for 5G‑Advanced and beyond are increasingly prioritizing highly accurate, resilient, and simplified timing architectures; by positioning its network‑based synchronization technology at the core of these trials, Net Insight strengthens its role in next‑generation mobile and critical infrastructure deployments, potentially opening the door to broader commercial adoption and new business models for both companies.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Secures Major UK Deal for Nimbra Edge Deployment
Dec 10, 2025

Net Insight has been selected by a leading UK service provider to implement its Nimbra Edge media transport platform and Nimbra 400 appliances for live sports content contribution. This deployment, set to be operational by the 2025/2026 sports season, highlights Net Insight’s strong position in the media industry by providing scalable, reliable, and cost-efficient solutions. The collaboration underscores the trend of using internet-based delivery methods to enhance media reach, reflecting the company’s commitment to innovative IP and cloud-based workflows. The project is expected to grow alongside the customer’s evolving needs, emphasizing Net Insight’s software-driven business model that focuses on long-term value through recurring revenues.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight CEO Crister Fritzson Announces Retirement in 2026
Dec 1, 2025

Net Insight AB announced that its CEO, Crister Fritzson, will retire in 2026, prompting the board to start the search for a new CEO. Under Fritzson’s leadership, the company has strengthened its position in media solutions and launched innovative products like time synchronization for critical networks, positioning itself for continued success.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Achieves ISO 27001 Certification for Information Security
Nov 27, 2025

Net Insight AB has achieved ISO 27001 certification, a globally recognized standard for information security management. This certification underscores the company’s dedication to safeguarding information assets and maintaining robust security practices. The certification assures customers that their data and media assets are protected by stringent security controls, aiding in compliance and reducing security risks.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Secures First 400G IP Solution Deployment
Nov 19, 2025

Net Insight has achieved a significant milestone by securing the first commercial deployment of its 400G IP solution with a leading North American sports broadcaster. This deployment is designed to meet the increasing demand for high-capacity media transport driven by live sports and ultra-high-definition content, marking the beginning of a network evolution that will enhance the broadcaster’s live media operations and viewer experience.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 18, 2026