Exane BNP upgrades Alfa Laval stock to Neutral with SEK 580 target

Published on 10/13/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached SEK 18.12 billion, up 13.80 percent year over year. Alfa Laval stock was EUR 52.69 on October 13, 2026.

Exane BNP upgraded Alfa Laval from Underperform to Neutral and set a SEK 580 price target on October 13, 2026.
Second-quarter 2026 revenue reached SEK 18.12 billion, up 13.80 percent year over year.
Alfa Laval stock was EUR 52.69 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST.
The company is scheduled to publish third-quarter results on October 27, 2026.

Makroaufnahme einer geriffelten Edelstahl-Wärmetauscherplatte mit Wassertropfen — Alfa Laval AB (ISIN SE0000695876) prägt die Wärmetauschertechnik, gezeigt in dieser Makroaufnahme der Plattenstruktur, Illustration mit AI erstellt.

Alfa Laval stock (ISIN SE0000695876) was quoted at EUR 52.69 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST. On the same date, Exane BNP upgraded Alfa Laval from Underperform to Neutral and set a SEK 580 price target, according to Goldesel.

Rating turns less negative

The move from Underperform to Neutral reduces the explicit downside stance, but the SEK 580 target remains a separate Swedish-krona valuation reference rather than a euro price comparison. The rating change is the clearest same-day assessment attached to Alfa Laval, while the company is preparing for its next scheduled report.

What does 13.80 percent growth mean?

Alfa Laval generated SEK 18.12 billion of revenue in the second quarter of 2026, up 13.80 percent from SEK 16.82 billion in the second quarter of 2025, according to Affarsvarlden. Operating profit was SEK 2.90 billion in that quarter, compared with SEK 2.88 billion a year earlier, while the operating margin was 16.00 percent.

Three dated milestones

On July 21, 2026, Alfa Laval published its second-quarter interim report with revenue of SEK 18.12 billion, as shown by Affarsvarlden. On October 5, 2026, the company said it was initiating full integration of Desmet, with the process aimed at completion by 2027, per Alfa Laval. On October 13, 2026, Exane BNP set the SEK 580 target alongside the Neutral rating, according to Goldesel.

Two dates shape the calendar

Alfa Laval's third-quarter 2026 report is scheduled for October 27, 2026, followed by its Capital Markets Day on November 18, 2026, according to Alfa Laval. The company expects third-quarter demand to be somewhat lower than in the second quarter, making the October report important for testing whether the recent revenue growth can continue.

Stock and valuation context

The primary Nasdaq Stockholm quote was SEK 588.80 at 10:42 a.m. CEST on October 13, 2026, while the market capitalization was SEK 243.4 billion. The 52-week range was SEK 426.40 to SEK 592.20, placing the primary-exchange quote SEK 3.40 below its high. These figures provide Swedish-krona context and are separate from the euro quote at Lang & Schwarz.

EUR 52.69 at Lang & Schwarz

Alfa Laval stock was trading at EUR 52.69 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Alfa Laval stock.