Goldman Sachs starts Mowi coverage with neutral view for Mowi stock

Published on 10/05/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mowi stock costs EUR 18.51 on October 5, 2026 after EUR 18.64, down 0.70 percent. Q2 revenue reached EUR 1.60 billion on 150,000 tons.

Geometrisches Bauhaus-Poster mit Fischformen und den Wörtern AQUA und SEAFOOD — Bauhaus-Poster mit Sektor-Begriffen AQUA und SEAFOOD steht symbolisch für Mowi ASA, Aktie ISIN NO0003054108, Illustration mit AI erstellt.

Mowi stock was trading at EUR 18.51 at Lang & Schwarz on October 5, 2026 at 9:22 a.m. CEST, down 0.70 percent versus the prior close of EUR 18.64. Goldman Sachs started coverage with a neutral rating and a NOK 220.00 price target on October 2, 2026, according to Affärsvärlden.

Goldman Sachs sets a neutral baseline

The NOK 220.00 target gives the new coverage a clear reference point, while Mowi's Oslo-listed instrument was last at NOK 200.20 on October 5, 2026 at 9:12 a.m. CEST during the open session. The primary-market quote carried a market capitalization of NOK 105.6 billion and a 52-week range of NOK 179.40 to NOK 245.80 on the same date.

The target and the market data use different currencies, so they cannot form a single percentage upside calculation. The more useful contrast is that Mowi's euro quote was down 0.70 percent against its Lang & Schwarz prior close, while the operating figures point to a much stronger second quarter.

Q2 revenue reached EUR 1.60 billion

In the second quarter of 2026, Mowi generated quarterly record revenue of EUR 1.60 billion and operational profit of EUR 231.00 million, up 23.00 percent from EUR 189.00 million in the second quarter of 2025, according to the Yahoo Finance transcript dated August 18, 2026.

The same transcript reported second-quarter harvest volumes of 150,000 tons and realized weighted production costs of EUR 5.20 per kilogram. Costs fell 3.50 percent year over year, while volumes increased 13.00 percent, giving investors a concrete explanation for the operational profit comparison, according to Yahoo Finance.

November results set the next test

Mowi's investor-relations calendar lists the third-quarter 2026 report for November 4, 2026. The company is listed on the Oslo Stock Exchange, and its investor page identifies the 2026 second-quarter results as the latest report, according to Mowi.

NOK 245.80 is the yearly high

The primary listing's NOK 179.40 to NOK 245.80 52-week range places the NOK 200.20 quote between its recorded low and high. At Lang & Schwarz, the intraday reference remained EUR 18.51 on October 5, 2026 at 9:22 a.m. CEST, versus the EUR 18.64 prior close from October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Mowi stock.