Avanza stock gains 1.35 percent ahead of October 16 results

Published on 10/04/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Avanza stock last traded at SEK 390.70 on October 2, 2026, below its SEK 409.20 yearly high. Q2 operating profit reached SEK 928 million as Goldman Sachs lifted its target to SEK 430.

Architektur-Render eines modernen Glashochhauses im Finanzviertel von Stockholm — Modernes Glas-Bürohochhaus im Finanzviertel; Avanza Bank Holding AB (ISIN SE0012454072) agiert in dieser Branche, Illustration mit AI erstellt.

Avanza stock (ISIN SE0012454072) was last at SEK 390.70 on the Stockholm Stock Exchange on October 2, 2026, up 1.35 percent from the prior close and 4.52 percent below its 52-week high of SEK 409.20. The next company checkpoint is the Q3 2026 report scheduled for October 16, 2026, according to MFN.

Q2 profit sets the benchmark

Avanza reported a record Q2 2026 operating profit of SEK 928 million and earnings per share of SEK 4.97, according to Yahoo Finance. The result gives the October report a high comparison base, particularly because management described the first half as historically strong.

The Q2 earnings per share figure also exceeded the forecast of SEK 4.76 cited in the July results snapshot, while the operating profit provides the clearest measure of the platform's earnings power. Avanza operates online savings, securities trading, pension and mortgage services for Swedish customers.

Targets move above the share price

Goldman Sachs raised its Avanza target to SEK 430 from SEK 406 and kept a Hold rating on October 1, 2026, as reported by Borskollen. The new target is 10.06 percent above the SEK 390.70 reference price.

Coverage remains divided on growth. Yahoo Finance reported that Deutsche Bank assigned a Buy rating and a SEK 440 target, while JPMorgan rated Avanza Neutral with a SEK 408 target on September 30, 2026. The contrast places execution and customer growth at the center of the next results discussion.

Consensus leaves a measurable gap

The published consensus covers 17 analysts and carries a Buy label, with an average 12-month target of SEK 418.10, a high of SEK 495 and a low of SEK 335, according to Investing.com. The average target lies 7.01 percent above the October 2 price, showing that the consensus gap is positive but narrower than the most optimistic individual target.

Avanza stock stays below yearly high

Avanza stock had a 52-week range of SEK 318.40 to SEK 409.20 and a market capitalization of SEK 61.7 billion as of October 2, 2026. Trading volume was 244,446 shares, making the October 16 results date the next clearly defined test for the current valuation.