Powercell Sweden AB (publ) (PCELL.ST) Stock Price

Powercell Sweden AB (publ) Price

OMX·CLOSED
20.32
+0.28 (+1.39 %)
Market closed

Over the last 13 years Powercell Sweden AB (publ) grew revenue by 60.2% annually, reaching 384.96 M SEK. For Powercell Sweden AB (publ), the net margin of -7.7% is up versus -47.0% a few years ago. The consensus 12-month price target for Powercell Sweden AB (publ) is 34.68 SEK, about 70.7% above where the stock trades today. Of 8 analysts, 0 rate the stock a buy — an overall Sell consensus. The stock trades about 32% above its 52-week low.

Powercell Sweden AB (publ) stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Powercell Sweden AB (publ) over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Powercell Sweden AB (publ) stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Powercell Sweden AB (publ)'s price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Powercell Sweden AB (publ) Stock Price History
DatePowercell Sweden AB (publ) Price
9/25/202620.32 SEK
9/24/202620.04 SEK
9/23/202620.62 SEK
9/22/202620.66 SEK
9/21/202620.16 SEK
9/18/202620.76 SEK
9/17/202620.36 SEK
9/16/202620.62 SEK
9/15/202621.24 SEK
9/14/202620.48 SEK
9/11/202620.96 SEK
9/10/202620.00 SEK
9/9/202621.52 SEK
9/8/202621.90 SEK
9/7/202620.96 SEK
9/4/202621.18 SEK
9/3/202621.28 SEK
9/2/202619.90 SEK
9/1/202620.16 SEK
8/31/202620.04 SEK
8/28/202620.36 SEK
8/27/202620.30 SEK
8/26/202620.24 SEK
8/25/202620.40 SEK
8/21/202620.26 SEK
8/20/202620.62 SEK
8/19/202620.80 SEK
8/17/202621.54 SEK
8/14/202621.88 SEK
8/13/202621.48 SEK
Access this data via the Eulerpool API

Powercell Sweden AB (publ) Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
244.69 M SEK
-75.02 M SEK
-58.17 M SEK
Jan 1, 2023
310.29 M SEK
-72.58 M SEK
-62.96 M SEK
Jan 1, 2024
334.28 M SEK
-83.74 M SEK
-47.29 M SEK
Jan 1, 2025
384.96 M SEK
-59.32 M SEK
-29.53 M SEK
Jan 1, 2026 (e)
288.00 M SEK
-95.56 M SEK
-103.63 M SEK
Jan 1, 2027 (e)
432.00 M SEK
-20.30 M SEK
-28.37 M SEK
Jan 1, 2028 (e)
610.00 M SEK
28.58 M SEK
16.21 M SEK
Jan 1, 2029 (e)
1.07 B SEK
51.92 M SEK
0.00 SEK

Powercell Sweden AB (publ) Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 26, 2026, 4:49 PM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
–0.010.010.040.060.070.100.160.240.310.330.380.290.430.611.07
-50.00400.00140.00200.0066.6710.0056.0654.3753.4627.057.7414.97-25.0050.0041.2075.90
14,700.002,940.0016.6730.5638.3330.3024.2730.8245.0840.0034.7338.2838.2838.2838.2838.28
147.00147.002.0011.0023.0020.0025.0049.00110.00124.00116.00147.00110.25165.38233.52410.76
-45.00-64.00-66.00-66.00-60.00457.00-94.00-78.00-75.00-72.00-83.00-59.00-95.00-20.0028.0051.00
-4,500.00-1,280.00-550.00-183.33-100.00692.42-91.26-49.06-30.74-23.23-24.85-15.36-32.99-4.634.594.75
-48.00-65.00-65.00-66.00-61.00438.00-116.00-75.00-58.00-62.00-47.00-29.00-103.00-28.0016.00–
26.3235.42–1.54-7.58-818.03-126.48-35.34-22.676.90-24.19-38.30255.17-72.82-157.14–
35.4235.7044.7851.6851.8752.0552.2452.1452.1452.1457.8957.8957.8957.8957.8957.89
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Powercell Sweden AB (publ) generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Powercell Sweden AB (publ) retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Powercell Sweden AB (publ)'s gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Powercell Sweden AB (publ) has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Powercell Sweden AB (publ)'s historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Powercell Sweden AB (publ) stock margins

The Powercell Sweden AB (publ) margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Powercell Sweden AB (publ). The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Powercell Sweden AB (publ).
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
30.69 %
-49.24 %
-47.00 %
Jan 1, 2022
45.15 %
-30.66 %
-23.77 %
Jan 1, 2023
39.97 %
-23.39 %
-20.29 %
Jan 1, 2024
34.75 %
-25.05 %
-14.15 %
Jan 1, 2025
38.26 %
-15.41 %
-7.67 %
Jan 1, 2026 (e)
38.26 %
-33.18 %
-35.98 %
Jan 1, 2027 (e)
38.26 %
-4.70 %
-6.57 %
Jan 1, 2028 (e)
38.26 %
4.69 %
2.66 %

Powercell Sweden AB (publ) Stock Revenue, EBIT, Earnings per Share

The Powercell Sweden AB (publ) earnings per share therefore indicates how much revenue Powercell Sweden AB (publ) has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
3.06 SEK
-1.51 SEK
-1.44 SEK
Jan 1, 2022
4.69 SEK
-1.44 SEK
-1.12 SEK
Jan 1, 2023
5.95 SEK
-1.39 SEK
-1.21 SEK
Jan 1, 2024
5.77 SEK
-1.45 SEK
-0.82 SEK
Jan 1, 2025
6.65 SEK
-1.02 SEK
-0.51 SEK
Jan 1, 2026 (e)
4.97 SEK
-1.65 SEK
-1.79 SEK
Jan 1, 2027 (e)
7.46 SEK
-0.35 SEK
-0.49 SEK
Jan 1, 2028 (e)
10.54 SEK
0.49 SEK
0.28 SEK

Powercell Sweden AB (publ) business model & stock analysis

Powercell Sweden AB (publ) is a Swedish company specialized in the development and production of fuel cell systems. The company was founded in 2008 and has been listed on Nasdaq Stockholm since 2014. The business model of Powercell Sweden AB is to sell fuel cell systems and related services to customers in various industries. These include the automotive industry, power supply, as well as the shipping and aviation industries. The company specializes in the mass production of fuel cell systems and offers both standard and customized solutions. Powercell Sweden AB is divided into different divisions that specialize in different industries and applications. One division is the automotive division, which focuses on the development of fuel cell systems for use in vehicles. Here, Powercell Sweden AB has entered into an agreement with the Chinese automaker Geely to integrate fuel cell systems into cars. Another important division is the power supply division, which focuses on the development of fuel cell systems for stationary use. The company offers various solutions for emergency power supply, grid injection and energy storage. In addition to these divisions, Powercell Sweden AB also offers fuel cell systems for use in the shipping and aviation industries. The company has successfully conducted tests on a cargo ship and an aircraft and is working to certify its products for use in these industries. An important product of Powercell Sweden AB is the Powercell S3 fuel cell. This fuel cell has been specifically designed for use in vehicles and as a stationary solution, and is available in various power levels. The fuel cell is characterized by its high efficiency, low emissions and high reliability. Another product of Powercell Sweden AB is the Powercell MS-100 fuel cell system. This system has been specifically designed for use in stationary applications and is characterized by high power density and efficiency. In addition to its products, Powercell Sweden AB also offers various services to its customers. These include consulting and support in the planning and installation of fuel cell systems, as well as maintenance and repair of existing systems. Overall, Powercell Sweden AB has become a leading manufacturer of fuel cell systems. The company has successfully formed partnerships with renowned companies in recent years and continuously developed its products and services. With its wide range of products and services, Powercell Sweden AB is well positioned to succeed in the rapidly growing fuel cell technology market.

Powercell Sweden AB (publ) SWOT Analysis

Strengths

Powercell Sweden AB (publ) holds a strong advantage in the market due to its consistent focus on technological innovations. The company invests heavily in research and development, allowing it to develop advanced and efficient fuel cell solutions. This not only enhances its product portfolio but also strengthens its position in the industry.

Powercell Sweden AB (publ) has successfully built a loyal and diverse customer base over the years. Its high-quality products and reliable customer service have earned the trust of various industries, including automotive, marine, and energy sectors. This strong customer base provides stable revenue streams and future growth opportunities.

Powercell Sweden AB (publ) possesses a robust portfolio of intellectual property rights, including patents and trademarks. This intellectual property creates barriers to entry for competitors, ensuring the company's technology remains unique and protected. It enables Powercell to maintain its competitive edge and secure long-term growth prospects.

Weaknesses

Powercell Sweden AB (publ) relies on a few key suppliers for critical components in its fuel cell systems. Any disruption in the supply chain may adversely affect the company's operations and production, leading to delays or increased costs. Efforts should be made to ensure supplier diversification and maintain strong relationships.

Powercell's advanced fuel cell solutions often come at a higher price compared to conventional alternatives. While the technology's efficiency and performance justify the cost, price sensitivity among customers can hinder market penetration, especially in price-driven sectors. Effective marketing strategies and emphasis on long-term cost benefits can alleviate this weakness.

Opportunities

The global shift towards clean and sustainable energy sources presents a significant opportunity for Powercell Sweden AB (publ). As governments and industries increasingly focus on reducing carbon emissions, the demand for fuel cells and hydrogen-based solutions is expected to surge. The company is well-positioned to capitalize on this trend and expand its market reach.

Powercell can explore untapped markets and industries that are yet to fully adopt fuel cell technology. The company's existing expertise and product range can be adapted and customized to meet the specific requirements of various sectors, such as stationary power generation, aviation, and telecom. This development would open up new revenue streams and drive overall growth.

Threats

The fuel cell industry is witnessing increased competition as more players enter the market. Powercell Sweden AB (publ) faces competition from both established companies and emerging startups, all aiming to capture market share in the evolving clean energy sector. Continuous innovation, strong customer relationships, and higher efficiency will be vital to mitigate this threat.

Changes in government regulations and policies can significantly impact the adoption of fuel cell technology. Powercell's operations and market growth could be influenced by factors such as subsidies, tax incentives, and emission standards. The company must closely monitor and actively engage with policymakers to ensure favorable regulatory environments and facilitate market expansion.

Powercell Sweden AB (publ) Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Powercell Sweden AB (publ) historical P/E ratio, EBIT multiple, and P/S ratio

Powercell Sweden AB (publ) annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down Powercell Sweden AB (publ)'s total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Powercell Sweden AB (publ)'s stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Powercell Sweden AB (publ)'s annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Powercell Sweden AB (publ) shares outstanding

The number of shares of Powercell Sweden AB (publ) was 57.89 M in 2025. This indicates how many shares Powercell Sweden AB (publ) is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
52.14 M Stocks
Jan 1, 2022
52.14 M Stocks
Jan 1, 2023
52.14 M Stocks
Jan 1, 2024
57.89 M Stocks
Jan 1, 2025
57.89 M Stocks
Jan 1, 2026 (e)
57.89 M Stocks
Jan 1, 2027 (e)
57.89 M Stocks
Jan 1, 2028 (e)
57.89 M Stocks

Current Powercell Sweden AB (publ) forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.49 %
Buy
0.00 % (0)
Hold
50.00 % (4)
Sell
50.00 % (4)
12M Price Target
34.68
Last Price
20.32
Currency
SEK
12M Return Potential
70.67 %
LTM Return
-35.37 %

Powercell Sweden AB (publ) Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
10/22/20260.10SEK-132.00 MSEK-2026 Q3
7/16/2026-0.40SEK-0.90SEK45.00 MSEK-2026 Q2
4/23/2026-0.30SEK-0.70SEK62.00 MSEK-2026 Q1
2/4/2026-0.10SEK-0.40SEK106.00 MSEK-2025 Q4
10/23/20250.19SEK-0.26SEK160.05 MSEK-2025 Q3
7/17/20250.08SEK0.39SEK92.35 MSEK-2025 Q2
4/24/2025-0.50SEK-0.24SEK65.00 MSEK-2025 Q1
2/13/20250.06SEK0.04SEK143.71 MSEK-2024 Q4
10/17/2024-0.33SEK-0.30SEK74.11 MSEK-2024 Q3
7/18/2024-0.46SEK-0.33SEK70.53 MSEK-2024 Q2

EESG©

Eulerpool ESG Scorecard© for the Powercell Sweden AB (publ) stock

65/100
67
Environment
95
Social
33
Governance
E

Environment

Scope 1 - Direct Emissions14.5
Scope 2 - Indirect emissions from purchased energy42.5
Scope 3 - Indirect emissions within the value chain50,003.8
Total CO₂ emissions57
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees25.828
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Powercell Sweden AB (publ) shareholder structure

% Name
11.21655%
Robert Bosch GmbH
Robert Bosch GmbH
5.18099%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
3.80599%
Avanza Bank Holding AB
Avanza Bank Holding AB
1.81035%
Axon Partners Group SL
Axon Partners Group SL
1.51630%
HANSAINVEST Hanseatische Investment GmbH
HANSAINVEST Hanseatische Investment GmbH
1.51284%
green benefit AG
green benefit AG

Powercell Sweden AB (publ) Beneficial Ownership Filings (SEC 13D/G)

Free Float
86.1%
Float Shares
49.82 M
Shares Outstanding
57.89 M

Powercell Sweden AB (publ) Executives and Management Board

18 members · avg. age 53 · 33 % women

RB

Mr. Richard Berkling (53)

President, Chief Executive Officer

6.37 M SEK

Management

KN

Ms. Karin Nilsson (56)

Deputy Chief Executive Officer, Senior Vice President

1.91 M SEK
AD

Mr. Anders During (60)

Chief Financial Officer, Senior Vice President, Investor Relations

–
PW

Mr. Peter Wallin (55)

Chief Operating Officer, Chief Operating Officer

–
AB

Dr. Andreas Boden (48)

Senior Vice President, Chief Technology Officer · since 2024

–
AA

Ms. Alison Arnold (52)

Senior Vice President, Chief Marketing Officer

–
PB

Mr. Patrik Brouzell (47)

Senior Vice President - Product Sales

–

Board of Directors

MJ

Mr. Magnus Jonsson (69)

Independent Chairman of the Board

897,000.00 SEK
IG

Ing. Helen Gillstedt (63)

Independent Director

658,000.00 SEK
AJ

Ms. Annette Justad (67)

Independent Director

403,000.00 SEK
KR

Ms. Karin Ryttberg-Wallgren (45)

Independent Director

354,000.00 SEK
NB

Mr. Nicolas Boutin (53)

Independent Director

280,000.00 SEK
RH

Mr. Riku-Pekka Hagg (50)

Independent Director

280,000.00 SEK

Frequently asked questions about Powercell Sweden AB (publ)

The business model of Powercell Sweden AB (publ) focuses on the development and production of fuel cell systems. As a leading fuel cell technology company, Powercell Sweden AB (publ) specializes in producing and delivering clean energy solutions for various applications, including stationary power, automotive, and maritime industries. With its advanced proton exchange membrane fuel cell technology, Powercell Sweden AB (publ) aims to provide efficient and sustainable power solutions, contributing to the growth of the green energy sector. Through continuous innovation and collaboration with partners, Powercell Sweden AB (publ) strives to meet the increasing demand for clean energy solutions in a rapidly evolving market.

Powercell Sweden AB (publ) is primarily active in the fuel cell industry.

The main competitors of Powercell Sweden AB (publ) in the market include Ballard Power Systems, Ceres Power Holdings plc, and Plug Power Inc. These companies are renowned for their advancements in fuel cell technology and are actively involved in the development, manufacturing, and commercialization of fuel cell solutions. Powercell Sweden AB (publ) competes with these companies by offering innovative and efficient fuel cell systems, aiming to establish itself as a key player in the market.

Powercell Sweden AB (publ) is a leading clean energy company specializing in fuel cell technology. Founded in 2008, the company is headquartered in Gothenburg, Sweden. With a rich history in the development of hydrogen fuel cell systems, Powercell Sweden has emerged as a key player in sustainable energy solutions. The company's innovative products are used in various applications, including stationary power, automotive, and marine sectors. Powercell Sweden is renowned for its advanced fuel cell stacks, which provide efficient and reliable power generation. The company's strong focus on research and development has positioned it as a prominent contributor to the global transition towards a greener and more sustainable future.

Powercell Sweden AB (publ) has achieved several significant milestones. Firstly, the company successfully developed and commercialized its fuel cell technology, which is highly efficient and environmentally friendly. Powercell Sweden AB (publ) has also established strategic collaborations with world-renowned automotive and industrial partners to further advance its market presence. Additionally, the company received several prestigious awards, recognizing its innovative contributions to the renewable energy sector. Powercell Sweden AB (publ) continues to expand its global reach by entering into various strategic partnerships and securing new contracts, reinforcing its position as a leading player in the fuel cell industry.

Powercell Sweden AB (publ) primarily operates in various countries and regions worldwide. The company has a global presence with a focus on key markets such as Europe, North America, and Asia. Through its extensive network and strategic partnerships, Powercell Sweden AB (publ) has established a strong foothold in major industrial nations, including Sweden, Germany, the United States, China, and Japan. With a wide geographical reach, the company aims to serve a diverse range of customers and capitalize on opportunities in multiple regions, contributing to its growth and success in the international market.

Powercell Sweden AB (publ) represents a strong commitment to innovation and sustainable solutions. Their corporate philosophy revolves around delivering clean energy solutions that contribute to a greener future. Through advanced fuel cell technology, Powercell Sweden AB (publ) aims to reduce carbon emissions and create an efficient energy system. They prioritize reliability, functionality, and performance in their products, working towards a vision of a world powered by clean energy sources. With a focus on research and development, Powercell Sweden AB (publ) continuously strives to push the boundaries of fuel cell technology and make significant contributions to the global transition towards a more sustainable energy landscape.

Analysts currently set an average price target of 38.93 SEK for the Powercell Sweden AB (publ) stock (median: 34.68 SEK), implying +91.6 % versus the latest price. The consensus is based on 8 analyst ratings.

8 analysts currently rate the Powercell Sweden AB (publ) stock: 0 recommend buying, 4 holding and 4 selling. For 2026, analysts expect Powercell Sweden AB (publ) to generate revenue of 288.00 M SEK and earnings per share of -1.79 SEK.

Converted at the current exchange rate, the Powercell Sweden AB (publ) share trades at 1.80 EUR (20.32 SEK).

The Powercell Sweden AB (publ) share (PCELL.ST) is listed on 10 stock exchanges, including: London (0G9R.L), SIX (Zürich) (27W.SW), XETRA (27W.DE), Frankfurt (27W.F), München (27W.MU), Düsseldorf (27W.DU), Hamburg (27W.HM), Stockholm (PCELL.ST).

Powercell Sweden AB is a leading manufacturer of fuel cell technology. The company is based in Gothenburg, Sweden, and is listed on the Nasdaq Stockholm. Powercell produces fuel cell systems that generate electrical energy from hydrogen and oxygen. The fuel cell technology is particularly environmentally friendly as it does not produce greenhouse gases or other harmful emissions. It is ideal for applications in vehicles, maritime operations, and power supply. The company's core business includes three main areas: automotive, shipbuilding, and the electricity market. In the transport sector, Powercell collaborates with leading automakers to develop fuel cell systems for use in vehicles. Fuel cell propulsion is a promising alternative to traditional combustion engines as it offers tremendous energy efficiency and reduces emissions in the air. In the maritime sector, Powercell develops specialized fuel cell systems for ship operation. Fuel cell technology offers high reliability and efficiency, coupled with low maintenance requirements, making it ideal for use in the demanding conditions of maritime shipping. Powercell also has a strong presence in the electricity market. The company produces fuel cell systems for stationary use in emergency power systems and as backup power supply for companies. Fuel cell technology provides more reliable and environmentally friendly energy supply options than conventional power sources. Powercell offers a wide range of fuel cell systems, including stack modules, fuel cell stack systems, fuel cell stacks, and fuel cell systems for vehicles and ships. One of their flagship products is the PowerPack, a compact and efficient fuel cell system for vehicles that offers a range of up to 500 kilometers and quick refueling in just a few minutes. In addition to developing fuel cell technologies, Powercell is also working on the integration of hydrogen infrastructures. In this regard, Powercell collaborates closely with other companies and research institutions. Overall, Powercell Sweden AB has a strong business model based on the development of fuel cell technology and its application in various areas. The company is a leader in its industry and is committed to accelerating the conversion from traditional combustion engines to fuel cell technology.

The expected revenue of Powercell Sweden AB (publ) is 288.00 M SEK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Powercell Sweden AB (publ) is -103.63 M SEK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Powercell Sweden AB (publ) is currently -11.35. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Powercell Sweden AB (publ) stock.

The price-to-sales ratio (P/S) of Powercell Sweden AB (publ) is currently 4.08. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Powercell Sweden AB (publ) stock.

The Eulerpool Quality Score for Powercell Sweden AB (publ) is 3/10.

The ISIN of Powercell Sweden AB (publ) is SE0006425815. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Powercell Sweden AB (publ) is A14TK6. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Powercell Sweden AB (publ) is PCELL.ST. The ticker symbol is used to trade Powercell Sweden AB (publ) shares on the stock exchange.

Powercell Sweden AB (publ) paid dividends every year for the past 0 years.

Powercell Sweden AB (publ) is assigned to the 'Industry' sector.

The dividends of Powercell Sweden AB (publ) are distributed in SEK.

Fair ValueTerminal
16.66 SEK
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Electrical Equipment
Number of shares
Employees
Revenue per Employee
7.86 M SEK
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website powercell.se
Country
Sweden
Currency
SEK
Initial public offering
Dec 19, 2014
ISIN
SE0006425815
Cusip
W6698X106
Sedol
BTHH8L3
Market capitalization
1.18 B SEKSmall Cap
52-Week Range
15.45–46.34SEK
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2026
-11.35
P/Ee 2027
-41.47
P/Ee 2028
72.57
P/Ee 2029
—
P/S
P/Se
4.08
EV/EBIT
—
P/B Ratio
3.04
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-7.28 %
Gross Margin
38.26 %
EBIT Margin
-15.41 %
Net Margin
-7.67 %
EPS (Earnings Per Share)
-0.51 SEK
Net Debt / EBIT
1.01
Debt/Equity
0.05
Last updated Sep 26, 2026, 4:49 PM

Powercell Sweden AB (publ) Ticker

DÜSSELDORF · 27W.DUFRANKFURT · 27W.FHAMBURG · 27W.HMLONDON · 0G9R.LMUNICH · 27W.MUOTC · PCELFSIX · 27W.SWSTOCKHOLM · PCELL.STSTOCKHOLM · PCELL.STXETRA · 27W.DE

Powercell Sweden AB (publ) FIGI

PCELL:SS · BBG007QTTMB0PCELLSEK:EO · BBG007R245S4PCELLSEK:XH · BBG007R245W9PCELLSEK:XF · BBG007R245Y7PCELLSEK:XE · BBG007R24602PCELLSEK:XJ · BBG007R24611PCELLSEK:XL · BBG007R24620PCELLSEK:XG · BBG007R24639PCELLSEK:XO · BBG007R24648PCELLSEK:XS · BBG007R24684PCELLSEK:XA · BBG007R24693PCELLSEK:E1 · BBG007R246B0

All fundamentals and in-depth analysis of Powercell Sweden AB (publ)

Our stock analysis for Powercell Sweden AB (publ) stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Powercell Sweden AB (publ). If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.