Mowi stock reflects 23 percent Q2 EBIT growth

Published on 09/28/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mowi stock was last at NOK 207.20 on September 28, 2026, while Barclays set a NOK 215.00 target on September 21. Q2 revenue reached EUR 1.6 billion.

Kreisförmige Lachsfarm-Netzgehege in norwegischem Fjord mit schneebedeckten Bergen im Hintergrund — Fotorealistische Luftaufnahme einer Lachsfarm im Fjord symbolisiert Mowi ASA, Aktie ISIN NO0003054108, Norwegen, Illustration mit AI erstellt.

Mowi (NO0003054108) stock was last at NOK 207.20 on the Oslo Stock Exchange on September 28, 2026 at 4:27 p.m. CEST, up NOK 1.60 or 0.78 percent from the prior close. The company enters the next reporting phase after operational EBIT rose 23 percent to EUR 231 million in Q2 2026, according to Mowi.

Q2 EBIT rises to EUR 231 million

Mowi reported record-high Q2 2026 revenue of EUR 1.6 billion and operational EBIT of EUR 231 million. The EBIT figure was 23 percent higher than in Q2 2025, giving the stock a concrete earnings benchmark after a period of pressure from high salmon supply.

Harvest volumes reached 150,000 tonnes in Q2 2026, a 7.4 percent increase from the same quarter of 2025. Salmon prices rose 6 percent during the quarter and were 21 percent higher year over year in Q3 2026 at the time of the company update, according to Mowi.

Barclays lowers target to NOK 215

Barclays cut its Mowi price target from NOK 225.00 to NOK 215.00 on September 21, 2026, while retaining an Overweight rating, as reported by MarketScreener. The revised target lies 3.76 percent above the September 28, 2026 price.

The same MarketScreener overview reports that Pareto Securities raised its target from NOK 200.00 to NOK 210.00 on September 23, 2026, while maintaining a Hold rating. The two target changes leave the analyst view centered on a narrow NOK 210.00 to NOK 215.00 band.

Mowi stock stands below its yearly high

Mowi stock has a market capitalization of NOK 109.3 billion and traded 1,137,781 shares on September 28, 2026. The session range was NOK 202.80 to NOK 208.40, while the 52-week range was NOK 179.40 to NOK 245.80.

Mowi's next scheduled reporting date is November 4, 2026, when it is due to publish its Q3 2026 report, according to the company's investor-relations calendar. The upcoming report will show whether stronger salmon pricing is translating into sustained operating improvement.