Avanza stock falls 1.59 percent as September inflows rise quickly

Published on 10/06/2026 at 15:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Avanza stock had 2,391,100 customers at September month-end, while net inflow reached SEK 7.18 billion. Trading activity fell 9 percent year over year.

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Avanza stock (ISIN SE0012454072) was trading at SEK 383.10 on Nasdaq Stockholm at 3:00 p.m. CEST on October 6, 2026, down 1.59 percent from the previous close. The company reported stronger annual savings inflows for September, but lower trading activity set a more cautious tone for the next quarterly update.

September inflows rose 49 percent

According to Avanza on October 5, 2026, net inflow reached SEK 7.18 billion in September 2026, up 49 percent from SEK 4.82 billion in September 2025. The monthly figure was 2 percent below August's SEK 7.35 billion, showing that the annual comparison remained favorable while momentum eased sequentially.

Customer numbers reached 2,391,100 at the end of September 2026, compared with 2,204,000 a year earlier. That represents an 8 percent year-over-year increase, while savings capital rose to SEK 1.2766 trillion from SEK 1.0536 trillion.

Trading activity weakened in September

The same Avanza release showed 151,200 brokerage-generating notes per trading day in September, down 9 percent from 169,000 in September 2025. Turnover in brokerage-generating securities was SEK 5.02 billion per trading day, down 7 percent from SEK 4.66 billion a year earlier.

The contrast matters for the earnings outlook: customer growth and savings inflows expand the platform's base, while weaker transaction activity can pressure commission-related revenue. Avanza is scheduled to publish its next earnings report on October 16, 2026, according to Investing.com.

Consensus target sits above the stock

Investing.com lists a Buy consensus from 17 analysts, with an average 12-month price target of SEK 418.10. The high target is SEK 495.00 and the low target is SEK 335.00; the average target lies 9.1 percent above the SEK 383.10 market price.

Avanza's valuation now reflects two competing signals. The customer base and savings capital are expanding at quantified rates, but September's 9 percent decline in brokerage-generating notes gives the October 16 report a clear operating checkpoint.

Avanza stock trades below its yearly high

Avanza stock was trading at SEK 383.10 on Nasdaq Stockholm on October 6, 2026, with a session range of SEK 382.10 to SEK 394.30. Its 52-week range was SEK 318.40 to SEK 409.20, while market capitalization stood at SEK 60.5 billion and volume reached 151,820 shares.