Avanza stock gained 1.35 percent after Goldman target raise

Published on 10/03/2026 at 22:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Avanza stock was last at SEK 390.70 on October 2, 2026, against a 52-week high of SEK 409.20. Q2 operating profit reached SEK 928 million and EPS was SEK 4.97.

Aquarellmalerei der Stockholmer Altstadt mit Kirchturm und Wasserspiegelung — Aquarell-Ansicht der Stockholmer Altstadt; Avanza Bank Holding AB (ISIN SE0012454072) hat dort ihren Sitz, Illustration mit AI erstellt.

Avanza Bank Holding AB (ISIN SE0012454072) was last at SEK 390.70 on Nasdaq Stockholm on October 2, 2026, at 5:29 p.m. CEST, up 1.35 percent. The latest analyst move came on October 1, when Goldman Sachs raised its price target from SEK 406 to SEK 430 while keeping a Neutral rating, according to Affärsvärlden.

Goldman target reaches SEK 430

The Goldman target implies a higher valuation reference than the latest Stockholm price. The same Affärsvärlden page lists Deutsche Bank's September 30 initiation with a Buy rating and a SEK 440 target, while JP Morgan resumed coverage with a Neutral rating and a SEK 408.20 target.

That spread leaves the market's valuation debate centered on earnings delivery and future expansion. Goldman Sachs offers the most recent target change, while Deutsche Bank's SEK 440 target is the highest of the newly reported recommendations.

Q2 profit sets the operating benchmark

Avanza's Q2 2026 operating profit rose from SEK 879 million in Q1 2026 to SEK 928 million, while earnings per share reached SEK 4.97, according to Yahoo Finance. Management described the quarter as a record period and said income increased 6 percent from the prior quarter.

The earnings call also put customer and savings trends behind the result. Avanza welcomed more than 40,000 new customers in Q2, net inflows reached SEK 19 billion, and savings capital exceeded SEK 1.2 trillion, according to Yahoo Finance. Foreign securities accounted for 31 percent of brokerage-generating turnover, giving trading activity a measurable role in the quarter's income mix.

October report sets next checkpoint

Avanza's next scheduled reporting date is October 16, 2026, for its Q3 report, according to MFN. That date gives investors the next company-specific checkpoint for customer growth, net inflows and the effect of the bank's international expansion work.

Stock stays below the yearly high

At SEK 390.70 on October 2, 2026, Avanza stock stood 4.52 percent below its 52-week high of SEK 409.20 and above its 52-week low of SEK 318.40. The share's market capitalization was SEK 61.7 billion, with 244,446 shares traded in the session.