EQT agrees to EUR 10.8 billion Qiagen deal. Oddo cuts target for EQT stock to SEK 370

Published on 10/23/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 inflows reached EUR 41.6 billion on October 15, 2026, and total AUM hit EUR 354 billion. EQT stock costs EUR 26.63 on October 23, 2026.

Deal and valuation signals

EQT agreed to a EUR 10.8 billion Qiagen offer on October 22, 2026.
Oddo cut its EQT target to SEK 370 from SEK 388 on October 20, 2026.
EQT stock trades at EUR 26.63 at 10:16 a.m. CEST at Lang & Schwarz on October 23, 2026.

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EQT (ISIN SE0012853455) was trading at EUR 26.63 at Lang & Schwarz on October 23, 2026 at 10:16 a.m. CEST. On October 22, 2026, dpa-AFX reported that EQT and Qiagen had agreed on an offer valuing the diagnostics company at EUR 10.8 billion.

Qiagen deal adds a new asset

The offer gives EQT exposure to a large healthcare transaction while adding a concrete corporate event to the private-markets manager's fundraising story. The agreement followed EQT's third-quarter announcement, which also highlighted the completed combination with Coller Capital and the planned purchase of Stockbridge.

EQT said on October 15, 2026, that gross inflows reached EUR 41.6 billion in the July to September period. Fee-generating assets under management stood at EUR 195 billion, while total assets under management reached EUR 354 billion, compared with EUR 267 billion a year earlier.

Three events changed the picture

The chronology is clear: on October 15, 2026, EQT reported EUR 41.6 billion of quarterly gross inflows; on October 15, 2026, it announced Stockbridge with about USD 17 billion of fee-generating assets; on October 22, 2026, the Qiagen offer reached EUR 10.8 billion in value.

What does the target cut signal?

MarketScreener reported on October 20, 2026, that Oddo reduced its EQT target to SEK 370 from SEK 388 while reiterating an outperform view. The lower target contrasts with the operating scale shown in the third-quarter figures and leaves valuation sensitivity as a central issue for investors.

The next dated milestones are the November 30, 2026, ex-dividend date for the SEK 2.50 half-year dividend and the January 26, 2027, year-end report listed in EQT's financial calendar.

Stock price and market profile

EQT's market capitalization was SEK 369.7 billion as of October 23, 2026. The company is an asset manager focused on private equity, infrastructure, real estate and secondaries, and its primary listing is on Nasdaq Stockholm.

The stock was trading at EUR 26.63 at Lang & Schwarz on October 23, 2026 at 10:16 a.m. CEST.

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