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Tekoälymallien arviot osakkeelle
Fortum Oyj markkinahintaan verrattuna

2026-08-28🇫🇮 OMXHenergySuurin erimielisyys #3
21.02 EUR
edellinen päätöskurssi — ei reaaliaikainen
52 viikon vaihteluväli
14.40 €
22.92 €

Tilanne 2026-08-28: 5 AI-mallia arvioi FUM1V:n mediaaniksi 10.83 € (-48.5% suhteessa spotiin 21.02 €, mallien yksimielisyys 0.63). Analyytikkokonsensus 17.97 € (18 analyytikkoa). Kokeellinen vertailu — ei sijoitusneuvontaa.

AI-konsensus

Mallin arvio
10.83 €
Mallin puhdas arvio — ei analyytikkosekoitusta
Ero
-48.5%
Yksimielisyys
0.635/5 mallia
Raaka 0.63
Hajonta
σ 19.2%
Analyytikkokonsensus
17.97 €(18 analyytikkoa)
Kalibroitu sekoitus (tutkimussarja)
12.97 €
AI-yhteenveto
5 viidestä AI-mallia on negatiivisia FUM1V. Huomioitavaa: Exposure to volatile wholesale electricity and commodity prices AI-konsensusarvio 10.83 48.5% alle nykyhinnan. Mallien yksimielisyys on kohtalainen (0.63). Analyytikkokonsensus: 17.97 (AI -39.8%).
gptclaudegeminideepseekgrokFUM1VFortum Oyj21.0spot18.0analysts6.349.5912.816.119.322.6
Pessimistinen (min)
7.92 €
-62.3%
Perus (mediaani)
10.83 €
-48.5%
Optimistinen (max)
12.71 €
-39.5%
Bear/Base/Bull: mallien oma haarukka (12 kk:n arvot)

Arvion kehitys AI-mallien arviot ja osakkeen hinta ajan yli

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Mikä muuttui tänään

Konsensusarvio:10.8310.83(+0.0%)
no-changestable-assumptionsconsistent-news-flow

Mikä muuttui (7 pv)

2026-08-21 → 2026-08-28: FUM1V: 5 mallin AI-konsensusarvio liikkui 9.10 € → 10.83 € (+19.0 %); mediaani-WACC 7.0 % → 7.0 % (+0.00 pp); terminaalikasvu 2.0 % → 2.0 % (+0.00 pp); mallien hajonta σ 21.7 % → 19.2 %. Kokeellisia malliarvioita — ei sijoitusneuvontaa.

Mittari7 pv sitten (2026-08-21)Nyt (2026-08-28)Muutos
AI-konsensusarvio9.10 €10.83 €+19.0%
Mediaani-WACC7.00%7.00%+0.00 pp
Mediaani terminaalikasvu2.00%2.00%+0.00 pp
Mediaani liikevaihdon CAGR (5v)3.0%2.5%-0.50 pp
Mediaani EBIT-marginaalitavoite16.0%17.0%+1.00 pp
Mallien hajonta σ21.7%19.2%-2.50 pp

Mallien erittely

CLAUDE
Est.
12.71
Ero
-39.5%
Conf
0.69
DCF 12.71Kal. 14.29
Avaintekijät
  • Historical revenue decline (-13.7% CAGR 2022-2025) is commodity-cycle driven …
  • 5Y forward CAGR anchored at 3% reflecting modest volume growth in hydro, nucl…
  • Trailing EBIT margin of 16.8% is a solid anchor; steady-state target of 18% r…
Suurin riski
  • Nordic wholesale electricity price volatility is the primary earnings risk; a sustained…
  • Regulatory and policy risk in Finland and Sweden (e.g. windfall taxes, capacity market …
  • New nuclear project in Sweden is subject to state aid approval, permitting, and constru…
Muutos
All four core assumptions are unchanged from yesterday's model. Incremental data available today (including the nucle…
Ei muutosta
no-changestable-assumptionsconsistent-news-flow
GPT
Est.
11.69
Ero
-44.4%
Conf
0.62
DCF 11.69Kal. 13.57
Avaintekijät
  • Trailing EBIT margin of 16.8% indicates a relatively stable utility-style ear…
  • Historical revenue CAGR of -13.7% likely reflects energy-price normalization …
  • Low beta of 0.083 supports a CAPM-based discount rate near the low end of the…
Suurin riski
  • Power-price and hydro/nuclear generation variability can move revenue and margins year …
  • Consumer Solutions and retail energy exposure can face competitive pressure and margin …
  • Regulatory and policy changes in Nordic power markets could affect realized returns.
Muutos
Assumptions are unchanged versus yesterday. The framework still reflects a low-beta utility-like profile with modest …
Ei muutosta
unchangedutility stylelow beta
GROK
Est.
10.83
Ero
-48.5%
Conf
0.55
DCF 10.83Kal. 12.97
Avaintekijät
  • Generation segment focused on low-carbon hydro, nuclear and renewables
  • Trailing EBIT margin 16.8% supports steady-state target near 17%
  • Nordic regulated utility cash flows support low-beta profile
Suurin riski
  • Commodity price volatility in power markets
  • Regulatory changes affecting nuclear and hydro assets
  • High capex intensity (9.1% of revenue) may pressure free cash flow
Muutos
No material change to core assumptions; WACC remains calibrated to low beta and Nordic utility range.
Ei edellistä dataa
GEMINI
Est.
7.92
Ero
-62.3%
Conf
0.80
DCF 7.92Kal. 10.94
Avaintekijät
  • Strong asset base in low-carbon hydro and nuclear power generation in the Nor…
  • Stabilization of Nordic electricity prices supporting wholesale power revenues
  • Growth in decarbonization services and battery recycling initiatives
Suurin riski
  • Exposure to volatile wholesale electricity and commodity prices
  • Regulatory changes and potential windfall taxes in Nordic energy markets
  • Operational and maintenance risks in nuclear and hydro power assets
Muutos
Maintained core valuation assumptions including WACC at 8.5% and 5-year revenue CAGR at 2.5%, reflecting stable Nordi…
Ei muutosta
stable waccutility profilelow carbon
DEEPSEEK
Est.
7.92
Ero
-62.3%
Conf
0.70
DCF 7.92Kal. 10.93
Avaintekijät
  • Historical revenue CAGR of -13.7% (2022-2025) reflects post-2022 Nordic power…
  • Trailing EBIT margin of 16.8% is supported by a low-carbon hydro/nuclear gene…
  • WACC of 8.75% is based on the Energy/Materials sector midpoint of 9.25%, shad…
Suurin riski
  • Nordic power price normalization or sharper wholesale price volatility could reduce rev…
  • Hydrology and weather variability affect hydro generation output and district heating/c…
  • Nuclear operations carry regulatory, safety, fuel supply and decommissioning liability …
Muutos
Core valuation assumptions are unchanged versus yesterday; the view was refreshed with current Yahoo Finance quote da…
Ei muutosta
assumptions-unchangednews-confirmed

Arvostusoletukset

CLAUDEDEEPSEEKGEMINIGPTGROK
Liikevaihdon CAGR 5V3.0%3.0%2.5%2.0%2.0%
EBIT-marginaalitavoite18.0%16.0%16.0%18.0%17.0%
WACC7.0%8.8%8.5%6.5%7.0%
Terminaalikasvu2.0%2.0%2.0%2.0%2.0%

Mitä markkinahinta edellyttäisi?

OletusAI-konsensusMarkkinahinta implikoi
Liikevaihdon CAGR (5v)2.5%11.2%+8.7pp
WACC7.0%4.5%-2.5pp
Perustuu spot-hintaan 21.02 € ja raakaan DCF-malliin (ilman kattoja ja kalibrointia).

Tunnusluvut

EBIT-marginaali16.8%
EBITDA-marginaali23.3%
ROE9.7%
Nettovelka / EBITDA1.4x
P/E22.8x
EV / EBITDA16.1x
P/B2.3x
Analyytikkojen vaihteluväli14.6022.00
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally. It operates through Generation, Consumer Solutions, and Other Operations segments. The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation; district heating and cooling; and decarbonization services. The Consumer Solutions segment offers invoicing and customer services; electricity and related value-added products; and digital services for consumers, including small- and medium-sized enterprises. It is also involved in the electricity and gas retail business; power trading and energy supply services; industrial site development; and battery recycling activities. The company was formerly known as IVO-Neste Yhtymä Oyj and changed its name to Fortum Oyj in June 1998. Fortum Oyj was incorporated in 1998 and is headquartered in Espoo, Finland.
Lähde: Yahoo Finance

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