Nel ASA (NEL) is trading around 2.28 NOK in intraday European dealing on 15 January 2026, within a session range of 2.22 NOK–2.32 NOK according to Capital.com pricing at 2:41pm UTC. Past performance is not a reliable indicator of future results.

The share trades against a backdrop of reported weaker fundamentals after Nel posted third-quarter 2025 revenue from contracts with customers of 303 million NOK, down 17% year-on-year. Order intake fell 64% to 57 million NOK, while the order backlog stood at 984 million NOK. At the same time, the company highlighted a cash balance of about 1.8 billion NOK (Nel ASA, 29 October 2025). Sector conditions remain mixed, as European policymakers continue to promote renewable hydrogen through…