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Nel ASA buy FXX

Start price
€1.83
09.03.22 / 50%
Target price
-
09.03.23
Performance (%)
-28.56%
End price
€1.31
10.03.23
Summary
This prediction ended on 10.03.23 with a price of €1.31. The prediction for Nel ASA disappointed with a performance of -28.56%. FXX has a follow-up prediction for Nel ASA where he still thinks Nel ASA is a Buy. FXX has 50% into this prediction

Nel ASA is a Norwegian-based company that specializes in hydrogen production, electrolysis, and fuel cell technologies, making it one of the leading innovators in the clean energy market. Founded in 1927, the company has a strong history of developing solutions for the production, storage, and distribution of hydrogen from various renewable sources, aiming to provide green hydrogen solutions to numerous industries including transportation, power generation, and maritime. Listed on the Oslo Stock Exchange under the ticker symbol NEL, Nel ASA plays a significant role in advancing the global shift towards sustainable energy, driven by the increasing awareness of climate change and the need for reduced reliance on fossil fuels.

Performance without dividends (%)
Name 1w 1m 1y
Nel ASA -3.731% -3.731% -64.770%
iShares Core DAX® 1.804% -0.748% 13.168%
iShares Nasdaq 100 -0.182% -3.412% 39.976%
iShares Nikkei 225® 0.413% -7.381% 18.776%
iShares S&P 500 0.664% -1.941% 28.141%

According to FXX what are the pros and cons of Nel ASA for the foreseeable future?

Pros
Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Some uniques
Very Future proof/growth oriented business model
Higher EBIT margin than peer group
positive Cash Flow expected
Good rating
High Investments for future growth
ROE higher than 10% per year
Capable Management
Good culture
Leading role in innovation
Differentiated customer and product portfolio
Growths much faster than the competition
Sustainability is very important
Stable Large shareholder and/or long term investor
Medium risks for its business
Top 10 in its market
Cons
Low dividend yield expected
Significant cyclical dependencies
Little known brand
Risky balance sheet
Increased challenges to pay loans and raise capital

Comments by FXX for this prediction

In the thread Nel ASA diskutieren
Prediction Buy
Perf. (%) -28.56%
Target price
Change
Ends at 09.03.23

Buy Nel ASA

In the thread Trading Nel ASA
Prediction Sell
Perf. (%) -28.56%
Target price
Change
Ends at 09.03.23

Die von FXX gewählte maximale Laufzeit wurde überschritten

Current prediction by FXX for Nel ASA

buy
Nel ASA

Start price
Target price
Perf. (%)
€1.07
29.06.23
-
29.06.24
-63.59%
21:23

Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Low dividend yield expected

Stopped prediction by FXX for Nel ASA

Nel ASA

Start price
Target price
Perf. (%)
€1.19
21.02.22
-
21.02.23
53.65%
09.03.22

Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Low dividend yield expected
buy
Nel ASA

Start price
Target price
Perf. (%)
€2.58
06.04.21
-
06.04.22
-35.63%
28.07.21

Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Low dividend yield expected