Norwegian Air Shuttle (NAS.OL)

Norwegian Air Shuttle stock price today, ATLAS forecast and fair value

Industrials · Airlines · Oslo Børs · Norway

NOK 11.06▲ +2.50%

Prices as of Oct 26, 2026 · NOK

ATLAS fair value

NOK 17.53

Below fair value · 37% discount

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 Norwegian Air Shuttle in ATLAS

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On Norwegian Air Shuttle

  • 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

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  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
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Plans from €3.99 a month.

ATLAS estimates Norwegian Air Shuttle's fair value at about NOK 17.53 per share (reasonable range: NOK 15.78 to NOK 19.29). At NOK 11.06, the stock trades 37% below it.

It is calculated with valuation multiples of comparable companies. 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 Norwegian Air Shuttle 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 10.49 and NOK 11.70; in 9 out of 10, between NOK 9.52 and NOK 12.89. Estimated annual volatility is 28%.

Price, last 12 months (weekly close)

Norwegian Air Shuttle (NAS.OL) — Price, last 12 months (weekly close)Oct 24, 2025: NOK 15.32. Oct 26, 2026: NOK 11.06. ▼Fair value NOK 17.53NOK 17.61NOK 10.79Oct 24, 2025Oct 26, 2026

Key numbers

Market cap
NOK 11.3B
Market cap (USD)
$1.2B
P/E ratio
7.3
Dividend yield
7.30%
52-week high
NOK 18.07
52-week low
NOK 10.76
Revenue (12 months)
NOK 38.1B
Gross margin
19.8%
Operating margin
-5.0%
Net margin
4.3%
Beta
1.07

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. Norwegian Air Shuttle sits below 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 NAS.OL has traded between NOK 10.76 and NOK 18.07. Today it is 38.8% below that high and 3% above its low.

On the business: net margin is 4.3%; it trades at 7.3 times earnings.

Its beta is 1.07: it moves roughly in line with the market.

About the company

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.

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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Norwegian Air Shuttle (NAS.OL) fair value?

About NOK 17.53 per share according to ATLAS (reasonable range: NOK 15.78 to NOK 19.29). With the stock at NOK 11.06, it is 37% below it.

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

51%: close to a coin flip. In half of the simulated outcomes, NAS.OL ends the month between NOK 10.49 and NOK 11.70.

How big is Norwegian Air Shuttle and what is its P/E ratio?

Norwegian Air Shuttle's market capitalization is NOK 11.3B. Its price-to-earnings (P/E) ratio is 7.3: you pay NOK 7.34 for each NOK 1.00 of yearly earnings.

Does Norwegian Air Shuttle pay a dividend?

Yes. NAS.OL's current dividend yield is 7.30% at today's price (NOK 11.06).

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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