Published: 5/6/2026 11:14:54 AM

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Finwire about Beyond Frames Entertainment AB: DNB Carnegie sees a justified share-price decline in Beyond Frames after the TMNT launch

DNB Carnegie considers the share-price decline in gaming company Beyond Frames, which is behind the TMNT game, to be justified after weaker-than-expected sales performance following the launch. Beyond Frames’ share is currently down about 35 percent. The research house points out that uncertainty around forecasts and the financial position has increased significantly since the company withdrew the sales target for 2026–2029. At the same time, DNB Carnegie emphasizes that the company, despite changed market conditions, has other sources of revenue and that the board and management can find a way forward.

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