EQT stock gains as analysts keep raising targets

Published on 09/21/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EQT stock traded at SEK 304.00 on September 18, 2026, after a 1.76 percent 5-day decline. MarketScreener also listed Morgan Stanley at 410 kronor and Oddo at 388 kronor.

Moderne Bürohochhäuser in Stockholm bei Tageslicht, Symbol für Private-Equity-Investment — Fotorealistisches Bild zeigt moderne Bürotürme in Stockholm, EQT AB SE0012853455 symbolisiert globale Private-Equity-Investmentaktivität eindrucksvoll, Illustration mit AI erstellt.

EQT stock (SE0012853455) traded at SEK 304.00 on September 18, 2026, after a 1.76 percent five-day decline and a 15.86 percent drop since January 1. The latest visible catalyst came from takeover talk around Perpetual, where MarketScreener on September 21, 2026 also flagged the rejected A$2.6 billion bid for Perpetual.

Targets stay higher

MarketScreener's broker list shows Morgan Stanley resuming coverage on September 3, 2026 with an Overweight rating and a 410 kronor target, while Oddo on August 13, 2026 lifted its target to 388 kronor from 355 and kept an Outperform view. Jefferies also raised its EQT target to 380 kronor on August 6, 2026.

The message for investors is simple: the analyst backdrop still points above the last quoted level of 304.00 kronor, even after the stock's 15.86 percent year-to-date slide. That spread between price and targets leaves valuation, not just deal headlines, in the driver's seat.

Fundamentals and scale

Zonebourse's company profile says EQT reported SEK 3.04 billion in revenue for 2026 and SEK 1.29 billion in net profit, while net debt was SEK 1.3 billion in the same 2026 estimate set. The same page lists 12 analysts, a mean target of 35.22 EUR and a last close of 26.52 EUR.

Zonebourse also shows EQT managing EUR 270 billion in assets at the end of 2025 and 1,895 employees. For a private equity group, that scale matters as much as the daily share move, because fee-earning assets and cost discipline shape the path from capital markets story to cash generation.

Stock level to watch

On the latest visible price snapshot, EQT shares were 15.86 percent below the start of 2026 and 1.76 percent down over five days, even as the analyst consensus still leaned higher. The stock closed at SEK 304.00 on Cboe in the MarketScreener view on September 18, 2026.