Karnov (KAR.ST)

Karnov stock price today, ATLAS forecast and fair value

Industrials · Specialty Business Services · Nasdaq Stockholm · Sweden

SEK 84.20▼ -0.12%

Prices as of Oct 27, 2026 · SEK

ATLAS fair value

SEK 61.34

Above fair value · 37% premium

Chance of rising in 1 month

50%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Karnov 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.
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On Karnov

  • 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 estimates Karnov's fair value at about SEK 61.34 per share (reasonable range: SEK 37.63 to SEK 105.35). At SEK 84.20, the stock trades 37% above it.

It is calculated with a discounted cash-flow model. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Karnov a 50% 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 SEK 78.99 and SEK 89.77; in 9 out of 10, between SEK 70.51 and SEK 100.56. Estimated annual volatility is 36%.

Price, last 12 months (weekly close)

Karnov (KAR.ST) — Price, last 12 months (weekly close)Oct 24, 2025: SEK 110.40. Oct 27, 2026: SEK 84.20. ▼Fair value SEK 61.34SEK 112.80SEK 62.00Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
SEK 7.6B
Market cap (USD)
$762M
P/E ratio
9.0
52-week high
SEK 116.60
52-week low
SEK 59.60
Revenue (12 months)
SEK 2.6B
Gross margin
44.4%
Operating margin
11.3%
Net margin
38.3%
Beta
0.59

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Karnov sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks KAR.ST has traded between SEK 59.60 and SEK 116.60. Today it is 27.8% below that high and 41% above its low.

On the business: net margin is 38.3%; it trades at 9.0 times earnings.

Its beta is 0.59: it tends to move less than the market.

About the company

Karnov Group AB (publ) provides information and workflow solutions in Denmark, Sweden, Norway, France, Spain, and Portugal.

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Plans from €3.99 a month.

Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Karnov (KAR.ST) fair value?

About SEK 61.34 per share according to ATLAS (reasonable range: SEK 37.63 to SEK 105.35). With the stock at SEK 84.20, it is 37% above it.

What is the chance KAR.ST goes up next month?

50%: close to a coin flip. In half of the simulated outcomes, KAR.ST ends the month between SEK 78.99 and SEK 89.77.

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

Karnov's market capitalization is SEK 7.6B. Its price-to-earnings (P/E) ratio is 9.0: you pay SEK 9.00 for each SEK 1.00 of yearly earnings.

How volatile is KAR.ST?

ATLAS estimates annual volatility at 36%. In a typical month, half of the outcomes end between SEK 78.99 and SEK 89.77.

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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