3 months
DNB MarketsMorgan StanleyKepler CheuvreuxCarnegieCantor FitzgeraldJefferies InternationalSEBDNBABG Sundal CollierSEB Equities

Price Targets For Fortnox

AnalystPrice TargetDateUpside
DNB Markets85 SEKApr 3
Morgan Stanley55 SEKFeb 20
Kepler Cheuvreux55 SEKFeb 16
Carnegie75 SEKFeb 16
Cantor Fitzgerald34 SEKJan 16
Jefferies International70 SEKDec -23
SEB49 SEKOct -23
DNB81 SEKSep -23
ABG Sundal Collier65 SEKFeb -23
SEB Equities59 SEKApr -22

About The Company

Fortnox is a Swedish business system company that delivers a cloud-based business platform for financial administration. The company was founded in 2001 in Växjö by the entrepreneur Jan Älmeby and has since the beginning worked with developing web and cloud-based accounting services. From 2015 to 2017, the number of customers increased by 77%, and the company had 233,000 Swedish companies as customers in 2018, which corresponds to almost a quarter of all Swedish companies.