Mowi stock trades at NOK 201.40 as salmon profit rises
Published on 10/03/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mowi stock (ISIN NO0003054108) was last at NOK 201.40 on Oslo Børs on October 2, 2026, at 4:25 p.m. CEST, with no daily change. The latest operating figures show why the salmon producer remains on investors' radar: second-quarter operational profit reached EUR 231 million, up 23 percent from EUR 189 million a year earlier.
Q2 profit grows on higher volumes
According to Yahoo Finance in the August 18, 2026, earnings transcript, Mowi reported quarterly revenue of EUR 1.60 billion, a record for any quarter. Harvest volumes reached 150,000 tons, while realized weighted production costs stood at EUR 5.20 per kilo.
The comparison is important because the profit increase came despite soft salmon prices in the quarter. Mowi said prices were up 6 percent year over year in Q2 2026, while volumes rose 13 percent and costs fell 3.5 percent, creating a more favorable operating mix.
Analysts split over the target
On September 23, 2026, MarketScreener reported that Pareto Securities raised its Mowi price target from NOK 200 to NOK 210 while maintaining a Hold rating. The same overview records Barclays cutting its target from NOK 225 to NOK 215 on September 21, 2026, while retaining an Overweight rating.
That spread leaves the share price below both cited targets, but the analyst messages are not uniform. For investors, the operating debate centers on whether higher volumes and lower costs can offset feed inflation and weaker contract-market earnings in Mowi Consumer Products.
Next results arrive in November
Mowi's investor-relations calendar lists November 4, 2026, as the next event, the Q3 2026 quarterly report, according to Mowi. The company also guided to 600,000 tons of farming volume for 2026, down from 605,000 tons after the planned Canada East divestment.
On October 2, 2026, Mowi's NOK 201.40 price sat between a 52-week low of NOK 179.40 and a high of NOK 245.80. Trading volume was 1,108,151 shares and market capitalization was NOK 106.2 billion.
Mowi stock key data
- Company: Mowi ASA
- ISIN: NO0003054108
- Ticker: MOWI
- Trading venue: Oslo Børs
- Price (as of October 2, 2026, 4:25 p.m. CEST): NOK 201.40
- Market capitalization: NOK 106.2 billion (as of October 2, 2026)
- 52-week range: NOK 179.40-245.80 (as of October 2, 2026)
- Sector / Industry: Consumer Defensive / Agricultural Farm Products
- Next earnings date: November 4, 2026
