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Instabank ASA INSTA

Oslo Børs · Financial Services · Banks - Regional

4.90 NOK −1.8% 2026-11-06

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Target price for Instabank

Beta

A fair P/E from growth, the cost of equity, competitors' P/E and the stock's own history, times the EPS expected over the next four quarters. Set for every quarter back in time, so it can be backtested.

Target price (NOK)
🔒 •••
and the upside
Fair P/E
🔒 •••
EPS next 12 months
🔒 •••
Targets checked
15
average miss 65%

How the fair P/E is found

MethodP/EWeightNote
ROE method9.325%
15-year method10.725%
Competitors' P/E12.225% MORROW.ST
The stock's own P/E history8.025% 1257 trading days

The inputs, set on 2026-11-06

Growth used3.4% (expected EPS −0.3%, revenue +8.8%)
Growth over 3 years+3.0% a year (EPS −7.8%, revenue +13.8%)
Required return8.0% (10-year rate 4.31 % + beta × 5 %, at least 8 %)
Beta0.04 (3 years, weekly)
Return on equity9.2%
Target priceFair P/E × EPS next 12 months = 🔒

How the 12-month targets turned out

Each point is the target set 12 months earlier, placed on the day it aimed at: the gap to the share price is how far off it was.

Targets with an answer
15
Average miss
65%
Within ±10%
13%
Right direction
60%
SetTargetClose thenUpside thenClose 12 months laterMiss
2025-10-312.353.38 −30.5%4.95 +110.6%
2025-08-152.452.93 −16.4%5.12 +109.0%
2025-05-092.702.33 +15.9%4.30 +59.3%
2025-02-072.702.13 +26.8%4.02 +48.9%
2024-11-013.151.90 +65.8%3.40 +7.9%
2024-08-154.701.96 +140.4%2.93 −37.7%
2023-04-279.151.69 +443.0%1.80 −80.3%
2023-02-0814.301.66 +764.1%1.70 −88.1%
2022-11-0312.601.58 +697.5%1.61 −87.2%
2022-08-1110.802.72 +297.1%1.58 −85.4%
2022-05-066.303.73 +68.9%1.59 −74.8%
2022-02-105.952.38 +150.0%1.70 −71.5%
2021-11-045.002.13 +134.7%1.66 −66.8%
2021-08-124.502.26 +99.1%2.94 −34.7%
2021-05-063.451.91 +80.6%3.73 +8.1%

Miss = the close 12 months later against the target. Targets back in time use only the reports published by then. Targets from the last 12 months are for members.

Your own target price

Enter your estimates for the next four quarters and the P/E you think is fair, and get your own target price next to ours. Free with an account.

Extracted by an AI model from the reports and can be wrong. Not investment advice.

Not investment advice. Figures may contain errors from the data source.