DNB Carnegie raises target for SCA stock to SEK 129

Published on 10/02/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net sales fell 6.00 percent to SEK 9.89 billion in the first half of 2026. SCA stock costs EUR 10.59 on October 2, 2026 after EUR 10.58.

Pop-Art-Comicbild eines Holzfällers vor buntem stilisiertem Sägewerk mit Baumstämmen — Pop-Art-Comic illustriert Svenska Cellulosa AB SCA (SE0000112724) mit Holzfäller-Figur und stilisiertem Sägewerk-Motiv, Illustration mit AI erstellt.

SCA (ISIN SE0000112724) stood at EUR 10.59 at Lang & Schwarz on October 2, 2026 at 1:31 p.m. CEST, plus 0.09 percent versus the prior close of EUR 10.58. MarketScreener reported on October 2, 2026 that DNB Carnegie raised its target for SCA from SEK 110 to SEK 129 and retained a hold recommendation.

Target rises as earnings recover

The new target is the latest analyst signal on a company navigating lower selling prices, currency effects and higher raw material costs. DNB Carnegie expects earnings to improve from the second quarter level, with Containerboard and Wood providing the main support, while Forest and Renewable Energy are expected to be weaker.

SCA's first-half 2026 net sales fell 6.00 percent to SEK 9.89 billion from SEK 10.54 billion in the same period of 2025. According to SCA, EBITDA declined to SEK 2.41 billion from SEK 3.68 billion in January through June 2026, a decrease of 34.58 percent.

Sales pressure tests the forest mix

The first-half figures show why the analyst view remains conditional. Higher delivery volumes partly offset lower prices and negative exchange rate effects, but EBITDA still contracted by SEK 1.27 billion year over year. For investors, the next evidence point is whether the price increases announced for Kraftliner can improve the mix before the next report.

October report sets the next test

SCA will publish its third-quarter 2026 interim report on October 23, 2026, at 8:00 a.m. CET, followed by a press conference at 10:00 a.m. CET. The date gives the market a defined checkpoint for margins, volumes and the recovery expected by DNB Carnegie.

Stock stays below its yearly high

SCA's EUR 10.59 Lang & Schwarz price on October 2, 2026 was 0.09 percent above the EUR 10.58 prior close. The primary Nasdaq Stockholm quote was SEK 119.70 at 11:32 a.m. UTC on October 2, 2026, while the 52-week range was SEK 96.02 to SEK 129.60 and market capitalization was SEK 84.1 billion.

The further course of trading is shown by the continuously updated real-time quote of SCA stock.