Neste Oyj (NESTE.HE) stock analysis

In our weekly check, Neste Oyj is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4.

About Neste Oyj

Neste Oyj is an Energy company (Oil & Gas Refining & Marketing) based in Finland, listed on HEL as NESTE.HE.

What our checks show for NESTE.HE

Red flags

• The net margin fell by 4.3 points over 5 years, to 7.4%: the company keeps less of each sale as profit.
• The gross margin fell by 6.7 points, to 11.9%: costs are rising faster than prices.
• Revenue fell 7.1% a year over the last 3 years.
• The stock has fallen as much as 89% from a peak. Would you have held through that?

Warning signs

• Earnings per share fell 7% a year over the last 3 years.
• Net profit fell 7% a year over the last 3 years.
• The net margin is only 7.4%: little room if costs rise.
• The price swings a lot: 42% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.

Strengths

• Operating profit covers interest 12.6 times over.
• Operating cash flow is 1.49x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 11.7% a year over the next years.
• The dividend takes 10% of profit: there is a cushion.
• A large company: market value $26.9 billion.
• Beta 0.58: the stock usually moves less than the market.

Next earnings report: 2026-10-29

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DINO · PBF · UGP · MOH.AT · CVI · PSX

Questions

What grade does Neste Oyj (NESTE.HE) have?

In our weekly check, Neste Oyj is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NESTE.HE stock?

This week's biggest flags for Neste Oyj: Margins falling, Gross margin falling, Weak revenue growth. In total 9 of 25 checks show a warning or a red flag.

What does Neste Oyj do?

Neste Oyj is an Energy company (Oil & Gas Refining & Marketing) based in Finland, listed on HEL as NESTE.HE.

When does Neste Oyj report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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