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Norsk Hydro Asa (DE:NOH1)
FRANKFURT:NOH1
Germany Market

Norsk Hydro Asa (NOH1) Stock Forecast & Price Target

7 Followers
See the Price Targets and Ratings of:

NOH1 Analyst Ratings

Hold
8Ratings
Hold
0 Buy
8 Hold
0 Sell
Based on 8 analysts giving stock ratings to
Norsk
Hydro Asa
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NOH1 Stock 12 Month Forecast

Average Price Target

€8.47
▼(-1.51% Downside)
Based on 8 Wall Street analysts offering 12 month price targets for Norsk Hydro Asa in the last 3 months. The average price target is €8.47 with a high forecast of €9.45 and a low forecast of €7.65. The average price target represents a -1.51% change from the last price of €8.60.
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Highest Price Target€9.45Average Price Target€8.47Lowest Price Target€7.65
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Kepler Capital  Analyst forecast on DE:NOH1
Kepler Capital
Kepler Capital
€7.65
Hold
-10.99%
Downside
Upgraded
10/19/26
Norsk Hydro upgraded to Hold from Reduce at Kepler CheuvreuxNorsk Hydro upgraded to Hold from Reduce at Kepler Cheuvreux
J.P. Morgan Analyst forecast on DE:NOH1
J.P. Morgan
J.P. Morgan
€9.17→€8.6
Hold
>-0.01%
Downside
Reiterated
10/14/26
Norsk Hydro price target lowered to NOK 91 from NOK 97 at JPMorganNorsk Hydro price target lowered to NOK 91 from NOK 97 at JPMorgan
Citi
€9.26→€8.13
Hold
-5.50%
Downside
Reiterated
10/13/26
Norsk Hydro price target lowered to NOK 86 from NOK 98 at CitiNorsk Hydro price target lowered to NOK 86 from NOK 98 at Citi
Barclays
€8.32
Hold
-3.30%
Downside
Reiterated
10/13/26
Barclays Keeps Their Hold Rating on Norsk Hydro Asa (0Q11)
RBC Capital Analyst forecast on DE:NOH1
RBC Capital
RBC Capital
€9.45
Hold
9.89%
Upside
Reiterated
10/06/26
RBC Capital Reaffirms Their Hold Rating on Norsk Hydro Asa (0Q11)
Danske Bank Analyst forecast on DE:NOH1
Danske Bank
Danske Bank
€7.94
Hold
-7.69%
Downside
Upgraded
09/28/26
Norsk Hydro upgraded to Hold from Sell at Danske BankNorsk Hydro upgraded to Hold from Sell at Danske Bank
Morgan Stanley Analyst forecast on DE:NOH1
Morgan Stanley
Morgan Stanley
€8.79→€8.69
Hold
1.10%
Upside
Reiterated
07/30/26
Norsk Hydro price target lowered to NOK 92 from NOK 93 at Morgan StanleyNorsk Hydro price target lowered to NOK 92 from NOK 93 at Morgan Stanley
UBS
€10.4→€8.98
Hold
4.39%
Upside
Reiterated
07/23/26
Norsk Hydro Asa (0Q11) Gets a Hold from UBS
Deutsche Bank  Analyst forecast on DE:NOH1
Deutsche Bank
Deutsche Bank
€10.4→€9.64
Hold
12.09%
Upside
Reiterated
07/02/26
Norsk Hydro price target lowered to NOK 102 from NOK 110 at Deutsche BankNorsk Hydro price target lowered to NOK 102 from NOK 110 at Deutsche Bank
Pareto
€10.96→€11.06
Hold
28.57%
Upside
Downgraded
06/11/26
Norsk Hydro downgraded to Hold from Buy at ParetoNorsk Hydro downgraded to Hold from Buy at Pareto
Goldman Sachs Analyst forecast on DE:NOH1
Goldman Sachs
Goldman Sachs
€6.52→€11.34
Buy
31.87%
Upside
Upgraded
04/02/26
Norsk Hydro upgraded to Buy from Sell at Goldman SachsNorsk Hydro upgraded to Buy from Sell at Goldman Sachs
SEB Enskilda Analyst forecast on DE:NOH1
SEB Enskilda
SEB Enskilda
€7.09
Sell
-17.58%
Downside
Downgraded
02/17/26
Norsk Hydro downgraded to Sell from Hold at SEB EquitiesNorsk Hydro downgraded to Sell from Hold at SEB Equities
Exane BNP Paribas Analyst forecast on DE:NOH1
Exane BNP Paribas
Exane BNP Paribas
€7.94
Buy
-7.69%
Downside
Upgraded
12/05/25
Norsk Hydro upgraded to Outperform from Neutral at BNP Paribas ExaneNorsk Hydro upgraded to Outperform from Neutral at BNP Paribas Exane
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Kepler Capital  Analyst forecast on DE:NOH1
Kepler Capital
Kepler Capital
€7.65
Hold
-10.99%
Downside
Upgraded
10/19/26
Norsk Hydro upgraded to Hold from Reduce at Kepler CheuvreuxNorsk Hydro upgraded to Hold from Reduce at Kepler Cheuvreux
J.P. Morgan Analyst forecast on DE:NOH1
J.P. Morgan
J.P. Morgan
€9.17→€8.6
Hold
>-0.01%
Downside
Reiterated
10/14/26
Norsk Hydro price target lowered to NOK 91 from NOK 97 at JPMorganNorsk Hydro price target lowered to NOK 91 from NOK 97 at JPMorgan
Citi
€9.26→€8.13
Hold
-5.50%
Downside
Reiterated
10/13/26
Norsk Hydro price target lowered to NOK 86 from NOK 98 at CitiNorsk Hydro price target lowered to NOK 86 from NOK 98 at Citi
Barclays
€8.32
Hold
-3.30%
Downside
Reiterated
10/13/26
Barclays Keeps Their Hold Rating on Norsk Hydro Asa (0Q11)
RBC Capital Analyst forecast on DE:NOH1
RBC Capital
RBC Capital
€9.45
Hold
9.89%
Upside
Reiterated
10/06/26
RBC Capital Reaffirms Their Hold Rating on Norsk Hydro Asa (0Q11)
Danske Bank Analyst forecast on DE:NOH1
Danske Bank
Danske Bank
€7.94
Hold
-7.69%
Downside
Upgraded
09/28/26
Norsk Hydro upgraded to Hold from Sell at Danske BankNorsk Hydro upgraded to Hold from Sell at Danske Bank
Morgan Stanley Analyst forecast on DE:NOH1
Morgan Stanley
Morgan Stanley
€8.79→€8.69
Hold
1.10%
Upside
Reiterated
07/30/26
Norsk Hydro price target lowered to NOK 92 from NOK 93 at Morgan StanleyNorsk Hydro price target lowered to NOK 92 from NOK 93 at Morgan Stanley
UBS
€10.4→€8.98
Hold
4.39%
Upside
Reiterated
07/23/26
Norsk Hydro Asa (0Q11) Gets a Hold from UBS
Deutsche Bank  Analyst forecast on DE:NOH1
Deutsche Bank
Deutsche Bank
€10.4→€9.64
Hold
12.09%
Upside
Reiterated
07/02/26
Norsk Hydro price target lowered to NOK 102 from NOK 110 at Deutsche BankNorsk Hydro price target lowered to NOK 102 from NOK 110 at Deutsche Bank
Pareto
€10.96→€11.06
Hold
28.57%
Upside
Downgraded
06/11/26
Norsk Hydro downgraded to Hold from Buy at ParetoNorsk Hydro downgraded to Hold from Buy at Pareto
Goldman Sachs Analyst forecast on DE:NOH1
Goldman Sachs
Goldman Sachs
€6.52→€11.34
Buy
31.87%
Upside
Upgraded
04/02/26
Norsk Hydro upgraded to Buy from Sell at Goldman SachsNorsk Hydro upgraded to Buy from Sell at Goldman Sachs
SEB Enskilda Analyst forecast on DE:NOH1
SEB Enskilda
SEB Enskilda
€7.09
Sell
-17.58%
Downside
Downgraded
02/17/26
Norsk Hydro downgraded to Sell from Hold at SEB EquitiesNorsk Hydro downgraded to Sell from Hold at SEB Equities
Exane BNP Paribas Analyst forecast on DE:NOH1
Exane BNP Paribas
Exane BNP Paribas
€7.94
Buy
-7.69%
Downside
Upgraded
12/05/25
Norsk Hydro upgraded to Outperform from Neutral at BNP Paribas ExaneNorsk Hydro upgraded to Outperform from Neutral at BNP Paribas Exane
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Best Analysts Covering Norsk Hydro Asa

3 Months
Matt GreeneGoldman Sachs
Success Rate
1/8 ratings generated profit
13%
Average Return
-12.07%
Copying Matt Greene's trades and holding each position for 3 Months would result in 12.50% of your transactions generating a profit, with an average return of -12.07% per trade.
1 Year
Matt GreeneGoldman Sachs
Success Rate
0/8 ratings generated profit
0%
Average Return
-20.10%
Copying Matt Greene's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -20.10% per trade.
2 Years
Matt GreeneGoldman Sachs
Success Rate
0/8 ratings generated profit
0%
Average Return
-20.10%
Copying Matt Greene's trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -20.10% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

NOH1 Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
0
0
0
0
0
Buy
7
4
3
2
0
Hold
11
12
11
12
10
Sell
3
1
0
0
0
Strong Sell
0
0
0
0
0
total
21
17
14
14
10
In the current month, NOH1 has received 0 Buy Ratings, 10 Hold Ratings, and 0 Sell Ratings. NOH1 average Analyst price target in the past 3 months is 8.47.
Each month's total comprises the sum of three months' worth of ratings.

NOH1 Financial Forecast

NOH1 Earnings Forecast

Next quarter’s earnings estimate for NOH1 is €0.22 with a range of €0.19 to €0.26. The previous quarter’s EPS was €0.21. NOH1 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 50.49% of the time in the same period. In the last calendar year NOH1 has Performed in-line its overall industry.
Next quarter’s earnings estimate for NOH1 is €0.22 with a range of €0.19 to €0.26. The previous quarter’s EPS was €0.21. NOH1 beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 50.49% of the time in the same period. In the last calendar year NOH1 has Performed in-line its overall industry.

NOH1 Sales Forecast

Next quarter’s sales forecast for NOH1 is €5.19B with a range of €4.76B to €5.91B. The previous quarter’s sales results were €5.66B. NOH1 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.25% of the time in the same period. In the last calendar year NOH1 has Performed in-line its overall industry.
Next quarter’s sales forecast for NOH1 is €5.19B with a range of €4.76B to €5.91B. The previous quarter’s sales results were €5.66B. NOH1 beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.25% of the time in the same period. In the last calendar year NOH1 has Performed in-line its overall industry.

NOH1 Stock Forecast FAQ

What is DE:NOH1’s average 12-month price target, according to analysts?
Based on analyst ratings, Norsk Hydro Asa’s 12-month average price target is 8.47.
    What is DE:NOH1’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for DE:NOH1, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Norsk Hydro Asa a Buy, Sell or Hold?
        Norsk Hydro Asa has a consensus rating of Hold, which is based on 0 buy ratings, 8 hold ratings and 0 sell ratings.
          What is Norsk Hydro Asa’s share price target?
          The average share price target for Norsk Hydro Asa is 8.47. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is €9.45 ,and the lowest forecast is €7.65. The average share price target represents -1.51% Decrease from the current price of €8.6.
            What do analysts say about Norsk Hydro Asa?
            Norsk Hydro Asa’s analyst rating consensus is a Hold. This is based on the ratings of 8 Wall Streets Analysts.
              How can I buy shares of Norsk Hydro Asa?
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