Elliptic Laboratories AS (ELABS)

Currency in NOK
3.23
+0.03(+0.94%)
Closed·
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Fair Value
Day's Range
3.153.24
52 wk Range
2.3510.24
Key Statistics
Prev. Close
3.23
Open
3.2
Day's Range
3.15-3.24
52 wk Range
2.35-10.24
Volume
178.55K
Average Volume (3m)
385.1K
1-Year Change
-65.2688%
Book Value / Share
1.67
Fair Value
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Fair Value Upside
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ELABS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
4.80
Upside
+48.61%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week

Elliptic Laboratories AS News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Buy
Moving Averages
Sell

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 4.80
(+48.61% Upside)

Elliptic Laboratories AS Earnings Call Summary for Q2/2026

  • Q2 revenue fell 48% YoY to NOK 13M; shares dropped 4.54% to $2.74, near 52-week low of $2.35 amid timing effects and contract structure issues.
  • Laptop shipments surged 33% YoY while smartphone shipments declined 17%; company cut annual operating costs by ~15% after Q1 restructuring.
  • Cash position weakened to NOK 59M from NOK 109M prior quarter; negative EBITDA of NOK 5.1M and operating cash flow of negative NOK 8.5M.
  • Management expects H2 revenue improvement via milestone payments; targets commercial contracts in wearables, smart glasses, TVs by end-2024.
  • Edge AI platform and new vertical revenue anticipated to begin contributing in 2027; CEO touts faster deployment cycles from months to weeks.
Last Updated: 2026/08/27, 08:56
Read Full Transcript

Earnings

Latest Release
Aug 27, 2026
EPS / Forecast
-0,08 / -0,04
Revenue / Forecast
12,92M / 23,7M
EPS Revisions
Last 90 days

ELABS Income Statement

Compare ELABS to Peers and Sector

Metrics to compare
ELABS
Peers
Sector
Relationship
P/E Ratio
−2.6x16.6x12.0x
PEG Ratio
0.000.010.01
Price/Book
1.9x3.1x2.4x
Price / LTM Sales
5.0x4.0x2.3x
Upside (Analyst Target)
49.1%44.3%31.4%
Fair Value Upside
Unlock−2.6%4.6%Unlock

Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on devices and to allow intuitive responses based on natural human interaction; AI Virtual Proximity Sensor that enables exquisite full-screen devices; and AI Virtual Connection Sensor that allows pair and authenticate smart devices that are in the same room using ultrasound. It also provides AI Virtual Position Sensor which automatically detects the location of an external display in relation to a laptop; AI Virtual Gesture Sensor that enables touchless user interactions; AI Virtual Breathing sensor that enables to track person’s breathing; and AI Virtual heartbeat Sensor that tracks a person’s heart rate. The company was incorporated in 2006 and is headquartered in Oslo, Norway.

Employees
87
Market
Norway

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
17,26M13,66%55,24M
Other Institutional Investors
32,05M25,37%102,55M
Public Companies & Retail Investors
77,03M60,97%246,49M
Total
126,34M100,00%404,28M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
MP Pensjon PK8,00%10 108 30632 347
DNB Asset Management AS5,67%7 163 79722 924

FAQ

What Is the Elliptic Laboratories (ELABS) Stock Price Today?

The Elliptic Laboratories stock price today is 3,23 NOK.

What Stock Exchange Does Elliptic Laboratories Trade On?

Elliptic Laboratories is listed and trades on the Oslo Stock Exchange.

What Is the Stock Symbol for Elliptic Laboratories?

The stock symbol for Elliptic Laboratories is "ELABS."

What Is the Elliptic Laboratories Market Cap?

As of today, Elliptic Laboratories market cap is 408,07M NOK.

What Is Elliptic Laboratories's Earnings Per Share (TTM)?

The Elliptic Laboratories EPS (TTM) is -1,34.

When Is the Next Elliptic Laboratories Earnings Date?

Elliptic Laboratories will release its next earnings report on Nov 19, 2026.

From a Technical Analysis Perspective, Is ELABS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

How Many Times Has Elliptic Laboratories Stock Split?

Elliptic Laboratories has split 1 times.

How Many Employees Does Elliptic Laboratories Have?

Elliptic Laboratories has 87 employees.

What is the current trading status of Elliptic Laboratories (ELABS)?

As of Oct 06, 2026, Elliptic Laboratories (ELABS) is trading at a price of 3,23 NOK, with a previous close of 3,23 NOK. The stock has fluctuated within a day range of 3,15 NOK to 3,24 NOK, while its 52-week range spans from 2,35 NOK to 10,24 NOK.

What Is Elliptic Laboratories (ELABS) Price Target According to Analysts?

The average 12-month price target for Elliptic Laboratories is 4,80 NOK, with a high estimate of 4.8 NOK and a low estimate of 4.8 NOK. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +48,61% Upside potential.
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