Atlas Copco stock gained 1.94 percent as acquisition closed

Published on 10/04/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Atlas Copco stock now has a Chinese heating and cooling asset after the October 2 deal close. Q2 adjusted profit rose 12 percent with a 20.6 percent margin.

Makroaufnahme glänzender Turbinenschaufeln und feiner Zahnradstruktur in Nahaufnahme — Atlas Copco AB (ISIN SE0011166610) zeigt Makroaufnahme präzise gefertigter Metallturbinenschaufeln und Zahnräder, Illustration mit AI erstellt.

Atlas Copco stock (ISIN SE0017486889) was last at SEK 209.80 on Nasdaq Stockholm on October 2, 2026, up 1.94 percent from the prior close. The company finalized its acquisition of Guangdong Euroklimat, a Chinese heating and cooling equipment manufacturer, on October 2, according to Atlas Copco.

Chinese acquisition expands compressors

Guangdong Euroklimat joins Atlas Copco's Oil-free Air division within the Compressor Technique business area. The acquired group reported 2025 revenue of RMB 1,281 million and employs approximately 1,000 people, according to Atlas Copco. The purchase adds process cooling and energy conversion applications to a portfolio that already spans compressors, vacuum equipment, industrial tools and power solutions.

The deal follows a stronger second quarter for demand. On the Q2 2026 earnings call, management reported organic order growth of 26 percent, organic revenue growth of 8 percent and a 12 percent increase in adjusted profit, while the adjusted operating margin held at 20.6 percent, according to Yahoo Finance. That combination matters because the order increase was more than three times the organic revenue growth rate, pointing to a larger pipeline than the quarter's sales alone suggest.

Analyst target stays above SEK 209.80

Atlas Copco's analyst consensus is Buy from 21 analysts, with an average 12-month target of SEK 221.80, a high estimate of SEK 260.00 and a low estimate of SEK 160.00, according to Investing.com. The average target lies 5.72 percent above the October 2 price, leaving the consensus tied to continued execution rather than a single analyst view.

Barclays maintained a Buy rating and a SEK 230.00 target on September 29, while the same published overview listed a Moderate Buy consensus and a SEK 225.29 consensus target, according to Markets Insider. The differing consensus figures show that analyst coverage can shift with the reference date, while both published views remain above the latest Stockholm quotation.

Q3 report date is October 22

Atlas Copco's investor calendar schedules the Q3 2026 report for October 22, 2026, followed by the ex-dividend date on October 19 and dividend payment on October 23, according to Atlas Copco. The next report will therefore test whether the strong order trend is converting into revenue while the group continues adding capacity.

Stock holds near yearly high

Atlas Copco stock was last at SEK 209.80 on Nasdaq Stockholm on October 2, 2026, with a session range of SEK 208.10 to SEK 211.00. The 52-week range runs from SEK 149.45 to SEK 212.30, so the latest price stood SEK 2.50 below the yearly high and SEK 60.35 above the yearly low.