Norwegian is targeting EBIT improvement of NOK 1B by 2026 and has ordered 50 aircraft with options for 30 more as part of Programme X cost optimization. The company offers routes to destinations in Europe, North Africa, and the Middle East.
Cyborg Score Rationale
The company demonstrates attractive valuation metrics with a TTM P/E of 6.67 and trailing revenue of NOK 37.4B, posting a 6.69% profit margin. However, recent profitability improvements are offset by high leverage and ongoing market volatility.
Top Insights
Norwegian announced its first dividend since restructuring with NOK 0.90 per share in Q2 2025, with profitability soaring to a profit before tax of NOK 1,055 million versus NOK -611 million EBIT in Q1.
3 analysts recommend buying the stock with an overall rating of Buy and +16.71% upside potential.
The stock has delivered 45.35% change over the past year with a 52-week range between 10.53 and 18.45 NOK.
Return on Equity stands at 33.81% but the company carries significant leverage with Total Debt/Equity ratio of 245.60%.
Named Competitors
Norse Atlantic Airways — Low-cost transatlantic and European airline
Finnair — Nordic full-service airline with Asia connectivity