Analysts and estimates
The consensus estimates are provided by Modular Finance and are based on forecasts from analysts following Verve Group. The analysts’ opinions, forecasts, and estimates regarding Verve Group are theirs alone and do not represent opinions, forecasts, or predictions from the company itself. Consensus always reflects the latest available analyses.
Analysts
| Firm | Name | Phone | |
|---|---|---|---|
| ABG Sundal Collier | Nikola Kalanoski | nikola.kalanoski@abgsc.se | +46 8 566 28 604 |
| Cantor Fitzgerald | Edward James | edward.james@cantor.com | +44 20 7894 7325 |
| DNB Carnegie | Amar Galijasevic | amar.galijasevic@dnbcarnegie.se | +46 8 5886 8536 |
| Edison Investment Research | Fiona Orford-Williams | forford-williams@edisongroup.com | +44 20 3077 5739 |
| First Berlin | Ellis Acklin | e.acklin@firstberlin.com | +49 30 809 396 83 |
| GBC AG | Marcel Goldmann | goldmann@gbc-ag.de | +49 821 241 133 39 |
| Inderes | Christoffer Jennel | christoffer.jennel@inderes.com | +46 73 158 95 55 |
| Kepler Cheuvreux | Rasmus Engberg | rengberg@keplercheuvreux.com | +46 8 7235 112 |
| Nordea Markets | Adrian Elmlund | adrian.elmlund@nordea.com | +46 10 157 2919 |
| Oppenheimer & Co | Martin Yang | martin.yang@opco.com | +1 212 667 7623 |
| Pareto | Vincent Edholm | vincent.edholm@paretosec.com | +46 8 402 53 48 |
| Redeye | Anton Hoof | anton.hoof@redeye.se | +46 76 492 50 26 |
| Warburg Research | Jörg Frey | jfrey@warburg-research.com | +49 40 309537 258 |
Consensus status
Recommendations
Consensus estimates
| In €m | Q3 2025E | 2025E | 2026E | 2027E |
|---|---|---|---|---|
| Net Revenues | 127.6 | 512.3 | 573.1 | 634.5 |
| Y-o-Y Growth in Revenues | 12% | 17% | 12% | 11% |
| Adjusted EBITDA | 34.3 | 146.6 | 171.0 | 197.7 |
| Adjusted EBITDA margin | 27% | 28% | 30% | 31% |
| Adjusted EBIT | 27.0 | 115.7 | 138.2 | 159.5 |
| Adjusted Net results | 13.4 | 48.2 | 76.4 | 94.0 |
