Goldman Sachs raises Addtech target as Addtech stock loses 2.48 percent

Published on 10/07/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts expect SEK 5.89 billion revenue for the quarter ending September 30, 2026. Addtech stock costs EUR 29.92 on October 7, 2026 versus EUR 30.68.

Addtech, SE0014781795, Illustration mit AI erstellt.

Addtech stock (ISIN SE0014781795) was trading at EUR 29.92 at Lang & Schwarz on October 7, 2026 at 9:45 a.m. CEST, down 2.48 percent versus the prior close of EUR 30.68. The latest analyst action came from Goldman Sachs, which raised its Addtech target to SEK 417.00 from SEK 399.00 on September 7, 2026, according to Marketscreener.

Goldman raises the target

The revised target keeps the Swedish industrial distributor in Goldman Sachs coverage with a Buy recommendation, while the target change adds SEK 18.00 to the previous level. The move matters because it arrived before Addtech's next scheduled report and gives investors a fresh benchmark in Swedish kronor, separate from the euro quotation at Lang & Schwarz.

Addtech operates across industrial technology distribution, with products and solutions serving manufacturing and infrastructure customers. Its primary listing is on Nasdaq Stockholm, as stated in Addtech on October 1, 2026.

Revenue estimates point higher

The latest completed quarter was the first quarter of fiscal 2027, covering April 1 through June 30, 2026. Addtech reported revenue of SEK 6.17 billion and an operating result of SEK 870.00 million for that period, according to Affarsvarlden.

For the quarter ending September 30, 2026, consensus calls for earnings per share of SEK 2.19, up from SEK 1.79 in the comparable period. Revenue is forecast at SEK 5.89 billion versus SEK 5.45 billion a year earlier, an 8.09 percent increase, based on estimates from 9 analysts reported by Finanzen.

October report sets the next test

Addtech will publish its second-quarter interim report on October 22, 2026, with the presentation scheduled for 10:00 a.m. CEST. The company announced the date and presentation details on October 1, 2026 through Addtech.

The estimate set creates a clear comparison for the next trading catalyst: analysts expect higher revenue and earnings per share than in the prior-year quarter, while the stock is valued below its September 7 target benchmark when measured in separate currencies.

Stock trades below its prior close

At Lang & Schwarz, Addtech stock was trading at EUR 29.92 on October 7, 2026 at 9:45 a.m. CEST, versus a prior close of EUR 30.68. The primary-market context was Nasdaq Stockholm, where the finance quote showed a 52-week range of SEK 283.20 to SEK 365.40 and market capitalization of SEK 86.3 billion on October 7, 2026.

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