Hexagon, SE0015961909

Hexagon stock falls 1.55 percent before its Q3 report 2026-10-23? No

Published on 10/07/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hexagon stock was trading at SEK 101.85 on October 7, 2026, while Nordea raised its target to SEK 125. Q2 revenue reached SEK 11,618 million.

Aquarell der Stockholmer Altstadt-Skyline mit Segelbooten im Abendlicht — Hexagon AB (SE0015961909) hat seinen Hauptsitz in Stockholm, hier als stimmungsvolles Aquarell der Altstadt-Skyline dargestellt, Illustration mit AI erstellt.

Hexagon stock was trading at SEK 101.85 on Nasdaq Stockholm on October 7, 2026 at 2:33 p.m. CEST, down 1.55 percent from the prior close. The next company checkpoint is the third-quarter report scheduled for October 23, 2026.

Target rises to SEK 125

Nordea kept its Buy rating and raised its Hexagon target from SEK 110 to SEK 125 on October 2, 2026, according to Börskollen. The bank raised its EBITAC estimates for 2026 through 2028 by 2 to 8 percent and identified weak capital allocation and a slower economic recovery as key risks.

The target increase puts Nordea's valuation view above the current share price, but it also places greater importance on execution by the new leadership team. Nordea linked its outlook to the planned Octave listing and efficiency measures, according to Börskollen.

Q2 revenue reached SEK 11,618 million

Hexagon reported Q2 2026 revenue of SEK 11,618 million, compared with SEK 10,377 million in Q1 2026, a sequential increase of 12.0 percent. The Q2 operating result was SEK 2,781 million and the operating margin was 23.9 percent, figures listed by Affärsvärlden. The comparable Q2 2025 operating margin was 22.9 percent, leaving the latest margin 1.0 percentage point higher.

The analyst picture is broader than Nordea's single-bank view. MarketScreener lists an Outperform consensus from 16 analysts, with an average target of EUR 8.985, a high target of EUR 11.74 and a low target of EUR 7.097. The consensus figures use EUR, while Hexagon's primary Stockholm quotation is in SEK.

Stock remains below its yearly high

Hexagon's October 7 trading range was SEK 101.40 to SEK 103.20, with volume of 1,000,126 shares. The 52-week range was SEK 71.57 to SEK 122.10, so the current price remained SEK 20.25 below the yearly high.

For investors, the next test is whether the Q3 update confirms the Q2 margin improvement and supports the efficiency narrative behind Nordea's target revision. Hexagon's market capitalization stood at SEK 262.2 billion on October 7, 2026.