Elkem (ELK.OL)

Elkem stock price today, ATLAS forecast and fair value

Basic Materials · Specialty Chemicals · Oslo Børs · Norway

NOK 30.24▲ +2.51%

Prices as of Oct 26, 2026 · NOK

ATLAS fair value

ATLAS has no fair value for this stock today.

Chance of rising in 1 month

51%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Elkem in ATLAS

ATLAS's own quantitative analysis, all in one place.

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
See everything included
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.

On Elkem

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.
Get started →

Plans from €3.99 a month.

ATLAS's model gives Elkem a 51% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between NOK 28.58 and NOK 32.07; in 9 out of 10, between NOK 25.80 and NOK 35.53. Estimated annual volatility is 32%.

Price, last 12 months (weekly close)

Elkem (ELK.OL) — Price, last 12 months (weekly close)Oct 24, 2025: NOK 26.30. Oct 26, 2026: NOK 30.24. ▲NOK 36.52NOK 25.00Oct 24, 2025Oct 26, 2026

Key numbers

Market cap
NOK 11.7B
Market cap (USD)
$1.3B
P/E ratio
43.6
52-week high
NOK 37.66
52-week low
NOK 24.20
Revenue (12 months)
NOK 16.1B
Gross margin
49.9%
Operating margin
6.0%
Net margin
-5.5%
Beta
0.98

What this means

ATLAS does not publish a fair value for ELK.OL right now, but it does show its odds of rising: close to a coin flip.

Over the last 52 weeks ELK.OL has traded between NOK 24.20 and NOK 37.66. Today it is 19.7% below that high and 25% above its low.

On the business: net margin is 5.5%; it trades at 43.6 times earnings.

Its beta is 0.98: it moves roughly in line with the market.

About the company

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through Silicones, Silicon Products, and Carbon Solutions segments.

Want to see everything about Elkem?

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Plans from €3.99 a month.

Comparable companies

Other companies in the same line of business:

Frequently asked questions

What does Elkem do?

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through Silicones, Silicon Products, and Carbon Solutions segments.

What is the chance ELK.OL goes up next month?

51%: close to a coin flip. In half of the simulated outcomes, ELK.OL ends the month between NOK 28.58 and NOK 32.07.

How big is Elkem and what is its P/E ratio?

Elkem's market capitalization is NOK 11.7B. Its price-to-earnings (P/E) ratio is 43.6: you pay NOK 43.6 for each NOK 1.00 of yearly earnings.

How volatile is ELK.OL?

ATLAS estimates annual volatility at 32%. In a typical month, half of the outcomes end between NOK 28.58 and NOK 32.07.

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

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