Norway's Nordic Semiconductor Q4 revenue up 13%, beats estimates

Nordic Semiconductor ASA

05/02/2026 06:08

Overview

Norway's wireless solutions provider Q4 2025 revenue rose 13%, beating analyst expectations

Gross margin was 55%, or 52% adjusted for inventory write-down reversal

Company expects Q1 2026 revenue between USD 175-195 million, gross margin above 50%

Outlook

Nordic Semiconductor expects Q1 2026 revenue of USD 175-195 mln

Company anticipates gross margin to remain above 50% in Q1 2026

Nordic aims for 20% annual revenue growth from 2024 to 2030

Result Drivers

PRODUCT PORTFOLIO RENEWAL - Co attributed growth to the launch of new products in the nRF54 Series for the Short-range market

UPCOMING PRODUCT LAUNCH - Co anticipates further market expansion with the upcoming launch of the nRF92 for Long-range cellular and satellite market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$170 mln
$166.70 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for Nordic Semiconductor ASA is NOK147.50, about 12.2% above its February 4 closing price of NOK131.50

The stock recently traded at 61 times the next 12-month earnings vs. a P/E of 71 three months ago

Press Release: ID:nObi4bQPLa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)