Nordic Semiconductor jumps on strong Q1 outlook

Nordic Semiconductor ASA

05/02/2026 08:20

** Shares in Nordic Semiconductor NOD.OL rise over 12% after company reported Q1 guidance above expectations

** Company said it expects Q1 revenue in rage of USD 175-195 mln and sees gross margin to remain above 50%

** Jefferies says that the outlook is 13% above consensus and ahead of normal seasonal trends, driven by customer orders

** The broker's positive view is also supported by fourth-quarter results, where both revenue and adjusted gross margin came in ahead of market expectations

** Nordic Semiconductors also resolved on share buy-back programme for a total of up to NOK 180 million ($18.60 million)

($1 = 9.6773 Norwegian crowns)

 (Reporting by Agnieszka Olenska)

 ((Agnieszka.Olenska@thomsonreuters.com;))