Equinor stock: Nordea raises target to NOK 480 for Equinor stock

Published on 10/20/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equinor Q2 revenue was USD 35.18 billion, up from USD 27.84 billion in Q1. Equinor stock costs EUR 39.90 on October 20, 2026 at 4:43 p.m. CEST.

Nordea target and reporting dates

Nordea raised its Equinor target from NOK 400 to NOK 480 on October 19, 2026.
Equinor reported USD 35.18 billion revenue for the second quarter of 2026, up from USD 27.84 billion in the first quarter.
Equinor stock costs EUR 39.90 at Lang & Schwarz on October 20, 2026 at 4:43 p.m. CEST.
Equinor is scheduled to report third-quarter 2026 results on October 28, 2026.

Schwarzweiß-Reportagefoto von Offshore-Arbeitern auf einer Ölplattform in der Nordsee — Equinor ASA (NO0010096985) beschäftigt Offshore-Arbeiter, dokumentarisch in Schwarzweiß auf einer rauen Nordsee-Plattform festgehalten, Illustration mit AI erstellt.

Nordea raised its target for Equinor from NOK 400 to NOK 480 on October 19, 2026, according to MarketScreener. The move gives the latest analyst view a clear numerical anchor. Equinor stock was trading at EUR 39.90 at Lang & Schwarz on October 20, 2026 at 4:43 p.m. CEST.

Revenue sets the operating backdrop

Equinor reported USD 35.18 billion in revenue for the second quarter of 2026, compared with USD 27.84 billion in the first quarter. The standardized financial statements also show operating profit of USD 12.99 billion and net income of USD 4.84 billion for the second quarter of 2026.

The operating picture was supported by cash generation. Equinor reported USD 9.47 billion in operating cash flow for the second quarter of 2026. AlphaStreet also cited adjusted operating income of USD 11.48 billion and equity production of 2.165 million barrels of oil equivalent per day for the same quarter.

Valuation and upcoming dates

Equinor's primary listing is on the Oslo Stock Exchange, where the stock was quoted at USD 44.95 on October 20, 2026 at 3:00 p.m. CEST equivalent market time. The 52-week range was USD 22.26 to USD 47.01, while market capitalization stood at USD 107.5 billion.

Equinor's investor-relations calendar schedules third-quarter 2026 results for October 28, 2026, with the analyst conference running from 11:30 a.m. to 12:30 p.m. CET. The company also lists November 13, 2026 as the ex-dividend date on the Oslo Stock Exchange and November 25, 2026 as the next payment date, according to Equinor.

What the target means for investors

Nordea's target increase is the clearest fresh valuation signal, but the operating figures provide the counterweight. Revenue and operating profit both rose between the first and second quarters of 2026, while the next results release will test whether that scale continued through the third quarter.

Equinor stock and the next release

The EUR 39.90 quote places the German trading perspective alongside a USD 107.5 billion market value and a USD 47.01 52-week high. The October 28 results date is the next major company-specific checkpoint for the stock.

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