BNP Paribas lifts SKF stock target from SEK 265 to SEK 280

Published on 10/12/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SKF's Q2 organic growth was 1.40 percent. SKF stock costs EUR 24.07 on October 12, 2026. SKF's Q3 results are due October 21, 2026.

Key points in brief

BNP Paribas raised its SKF target from SEK 265 to SEK 280 while retaining a neutral rating on October 7, 2026.
SKF reported 1.40 percent organic growth and a 13.90 percent adjusted operating margin in the second quarter of 2026.
SKF stock was at EUR 24.07 at Lang & Schwarz on October 12, 2026 at 10:48 a.m. CEST.
SKF will publish its third-quarter 2026 results on October 21, 2026, with the release scheduled for 7:30 a.m. CEST.

Flatlay mit Aktienzertifikat, ISIN-Karte und Metall-Wälzlagern auf Tisch — Flatlay-Arrangement zeigt Aktienzertifikat, ISIN-Karte SE0000108227 und Wälzlagerteile, symbolisiert SKF AB Industrieunternehmen aus Schweden, Illustration mit AI erstellt.

BNP Paribas raised its SKF stock target from SEK 265 to SEK 280 on October 7, 2026, while retaining a neutral rating, according to Börskollen. The revision puts analyst valuation above the current euro quote, but the neutral stance keeps the signal measured.

Three dated SKF milestones

On July 17, 2026, SKF reported second-quarter net sales of SEK 23,195 million and organic growth of 1.40 percent. On October 1, 2026, shareholders approved the distribution of SKF Vertevo, with its planned listing set for December 1, 2026, as recorded by Affärsvärlden. On October 8, 2026, SKF announced that its third-quarter results will be released on October 21, 2026.

What does margin improvement mean?

SKF's second-quarter adjusted operating margin reached 13.90 percent, up from 13.30 percent a year earlier, while organic growth was 1.40 percent, according to the Yahoo Finance transcript for the second quarter of 2026. Management attributed the margin progress to price mix, cost actions and stronger profitability in Specialized Industrial Solutions, while Automotive still posted a 1.40 percent decline in organic growth.

The reported mix matters because the headline revenue comparison was modest, yet profitability improved. SKF also said rightsizing initiatives generated SEK 350 million of realized benefits in the quarter, while adjusted operating profit reached SEK 3,223 million in the company's July 17 release.

Next dates for SKF

SKF's next two dated events are the dividend date on October 14, 2026, and the third-quarter report on October 21, 2026. The company said the results release is scheduled for approximately 7:30 a.m. CEST, followed by an audio webcast at 8:30 a.m. CEST on October 21, 2026, according to SKF.

SKF stock at EUR 24.07

SKF stock was trading at EUR 24.07 at Lang & Schwarz on October 12, 2026 at 10:48 a.m. CEST. The Swedish company had a market capitalization of SEK 122.8 billion as of October 12, 2026, while its primary listing is Nasdaq Stockholm. The further course of trading is shown by the continuously updated real-time quote of SKF stock.