Hexagon stock: J.P. Morgan raises target to SEK 125 from SEK 90
Published on 10/20/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- J.P. Morgan raised its Hexagon target to SEK 125 from SEK 90 on October 9, 2026.
- Second-quarter revenue reached EUR 1.05 billion, up 4.00 percent year over year.
- Hexagon stock costs EUR 9.34 at Lang & Schwarz on October 20, 2026 at 3:08 p.m. CEST.
- Hexagon is scheduled to release third-quarter results on October 23, 2026.
Hexagon stock (ISIN SE0015961909) is trading around the latest analyst reassessment after Yahoo Finance reported on October 9, 2026 that J.P. Morgan raised its target to SEK 125 from SEK 90 and upgraded Hexagon to Overweight from Neutral. Hexagon stock was trading at EUR 9.34 at Lang & Schwarz on October 20, 2026 at 3:08 p.m. CEST.
J.P. Morgan sees earnings upside
J.P. Morgan's case rests on recovering end markets and stronger core growth. The broker said core growth reached 8.00 percent in the first quarter of 2026 and 12.00 percent in the second quarter, while its annual sales-growth forecast was 9.00 percent against company guidance of 4.00 percent to 6.00 percent.
The same report put two risks beside the target. Automotive represented 10.00 percent of sales, while construction represented 27.00 percent, and the broker assumed no recovery in agriculture. It also raised its adjusted 2026 earnings-per-share forecast to EUR 0.36 from EUR 0.32.
Second-quarter revenue reached EUR 1.05 billion
Hexagon's second-quarter revenue rose to EUR 1.05 billion from EUR 1.01 billion a year earlier, a 4.00 percent increase. Net income rose to EUR 248.20 million from EUR 170.20 million, while net margin increased to 23.60 percent from 16.90 percent, according to Simply Wall St on October 17, 2026.
Results date sets the next checkpoint
Hexagon is scheduled to release its third-quarter interim report on October 23, 2026, at approximately 8:00 a.m. CET, followed by a presentation at 10:00 a.m. CET. The date was announced on October 2, 2026 by MFN.se.
For investors, the report will test whether the 12.00 percent second-quarter core growth rate can remain above the company's 4.00 percent to 6.00 percent guidance range. J.P. Morgan's SEK 125 target therefore depends on operating momentum translating into earnings rather than on a higher valuation alone.
Stock price and company profile
Hexagon develops measurement, geospatial and industrial technology for manufacturing, construction, aerospace, agriculture and mining. The company is listed on Nasdaq Stockholm under the ticker HEXA B and operates in the Technology sector.
The stock was trading at EUR 9.34 at Lang & Schwarz on October 20, 2026 at 3:08 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Hexagon stock.
Hexagon stock details
- Company: Hexagon AB (publ)
- ISIN: SE0015961909
- Ticker: HEXA B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 20, 2026, 3:08 p.m. CEST): EUR 9.34
- Market capitalization: SEK 266.7 billion (as of October 20, 2026)
- Sector / Industry: Technology / Electronic Equipment and Parts
Market context: Market report OMXS30.
