Goldman Sachs raises target for Assa Abloy stock to SEK 392

Published on 10/14/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs kept Neutral after lifting its target to SEK 392 on October 13, 2026. Assa Abloy stock costs EUR 31.64 on October 14, 2026.

Target change and reporting dates

Goldman Sachs raised its Assa Abloy target to SEK 392 on October 13, 2026.
Second-quarter 2026 revenue reached SEK 39.3 billion on July 17, 2026.
Assa Abloy B stock trades at EUR 31.64 at 10:42 a.m. CEST at Lang & Schwarz on October 14, 2026.
The next quarterly report is scheduled for October 27, 2026.

Trading-Floor mit Händlern und Kursbildschirmen unter Hinweis OMX Stockholm — Assa Abloy AB (SE0007100581) notiert an der Börse Stockholm, gezeigt im editoriellen Bild eines Trading-Floors, Illustration mit AI erstellt.

Assa Abloy B (ISIN SE0007100581) trades at EUR 31.64 at Lang & Schwarz on October 14, 2026 at 10:42 a.m. CEST. Goldman Sachs raised its target for the Swedish access-solutions group from SEK 387 to SEK 392 on October 13, 2026, while keeping a Neutral rating, according to Börskollen.

Three dated developments shape the story

On July 17, 2026, Assa Abloy reported second-quarter revenue of SEK 39.259 billion, up 9.8 percent from the same quarter a year earlier. Operating profit reached SEK 6.680 billion and the operating margin was 17.00 percent, compared with 15.70 percent in the second quarter of 2025, according to Affärsvärlden.

On September 16, 2026, the company acquired US security hardware maker Paclock. The latest analyst action followed that deal and the second-quarter margin improvement, giving investors two distinct reference points before the next report.

What does the target change signal?

The move from SEK 387 to SEK 392 is a modest 1.29 percent increase in Goldman Sachs' target, calculated against the earlier target. The unchanged Neutral rating shows that the target revision was not accompanied by a stronger published recommendation.

Assa Abloy's operating profile remains the key numerical counterweight. Second-quarter operating profit rose to SEK 6.680 billion from SEK 5.955 billion a year earlier, while the margin expanded by 1.30 percentage points to 17.00 percent, according to Affärsvärlden.

Dates before the next report

ASSA ABLOY will release its third-quarter 2026 report on October 27, 2026, with a presentation scheduled after the release, according to the company's investor-relations page. Affärsvärlden lists November 10, 2026 as the next dividend date.

Stock remains below its yearly high

On Nasdaq Stockholm, the share was quoted at SEK 353.10 at 8:51 a.m. UTC on October 14, 2026, according to the structured market data, with a 52-week range of SEK 314.20 to SEK 396.90 and market capitalization of SEK 392.2 billion. Global Banking and Finance identifies ASSA B.ST as the Nasdaq Stockholm listing for Assa Abloy under ISIN SE0007100581 and classifies the company in Industrials and Security & Protection Services through its reference data.

Assa Abloy B was trading at EUR 31.64 at Lang & Schwarz on October 14, 2026 at 10:42 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Assa Abloy B stock.