JPMorgan cuts target for Norsk Hydro stock to NOK 91

Published on 10/18/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Norsk Hydro stock, third-quarter results are due October 23, 2026. Hydro generated NOK 56.49 billion revenue and NOK 5.69 billion net profit in the second quarter.

Results and earnings context

JPMorgan cut its Norsk Hydro target from NOK 97 to NOK 91 on October 14, 2026.
Second-quarter revenue reached NOK 56.49 billion and net profit NOK 5.69 billion.
Hydro will release third-quarter results on October 23, 2026, at 07:00 CEST.

Norsk Hydro, NO0005052605, Illustration mit AI erstellt.

Norsk Hydro (ISIN NO0005052605) is heading toward its third-quarter report after JPMorgan cut its price target from NOK 97 to NOK 91 on October 14, 2026. Markets Insider reported that analyst Patrick Jones kept a Neutral rating on the shares. The next report will provide the main test for that cautious view.

Target cut raises the bar

The JPMorgan move followed other recent analyst actions cited by Markets Insider. Barclays kept a Hold rating and set a NOK 88.00 target on October 14, 2026, while Citi maintained a Hold rating with a NOK 86.00 target. The range shows why the upcoming report matters more than a single broker revision.

What will the report test?

Hydro reported NOK 56.49 billion in revenue and NOK 5.69 billion in net profit for the quarter ended June 30, 2026, compared with NOK 53.12 billion and NOK 2.05 billion a year earlier, according to Markets Insider. Revenue therefore increased by NOK 3.37 billion, while net profit rose by NOK 3.64 billion. The comparison gives investors a concrete benchmark for the third-quarter release.

Three recent dates and figures

On July 22, 2026, Hydro released second-quarter results with NOK 56.49 billion in revenue, as reported by GlobeNewswire. On September 28, 2026, Hydro said it would receive EUR 28.00 million in compensation following a wind farm sale, according to Hydro. On October 16, 2026, the company confirmed that third-quarter results would be released on October 23, 2026.

Next dates for investors

Markets Insider reported that Hydro will publish the third-quarter report at 07:00 CEST on October 23, 2026. Chief Executive Eivind Kallevik and Chief Financial Officer Trond Olaf Christophersen are scheduled to host an English webinar at 08:30 CEST, followed by questions and answers.

Results are the next catalyst

The earnings release will show whether the second-quarter improvement carried into the next reporting period and whether analysts' lower targets remain justified. For Norsk Hydro stock, the key evidence will be the new revenue and profit figures rather than the calendar date alone. The further course of trading is shown by the continuously updated real-time quote of Norsk Hydro stock.