Husqvarna stock slips as Pareto cuts target and warns on Q3 EBIT
Published on 09/18/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Husqvarna Group AB stock (ISIN SE0001662230) is trading near SEK 36.25 on Nasdaq Stockholm as of September 17, 2026, after Pareto Securities lowered its target price to SEK 35 and reiterated a hold recommendation on September 18, 2026. According to MarketScreener, the broker now expects the company to post its first negative adjusted EBIT for a third quarter since the 2006 spinoff.
Pareto warning puts Q3 under pressure
Pareto’s updated view on September 18, 2026 has become the key catalyst for Husqvarna stock because it combines a target cut with a clear earnings warning. As MarketScreener reports, the bank reduced its target price from SEK 37 to SEK 35, implying roughly 3.4 percent downside from the latest close of SEK 36.25 and leaving the consensus target of SEK 43 well above Pareto’s level.
In its analysis, Pareto expects Husqvarna to deliver a negative adjusted EBIT in the third quarter of 2026, something it notes has not happened in any third quarter since the group’s 2006 separation. According to MarketScreener, the broker cuts its 2026 EBIT estimate by 12 percent and now forecasts earnings to decline by 2 percent in 2026 despite ongoing cost savings.
Cost savings and demand risks shape the outlook
Pareto highlights both cyclical and structural headwinds that could weigh on Husqvarna’s profitability in the coming quarters. As MarketScreener writes, the broker points to weak sales momentum, intense competition in garden equipment and unfavorable warm weather patterns as key factors behind the expected negative adjusted EBIT in Q3 2026.
At the same time, Husqvarna is pushing ahead with an expanded cost-cutting program aimed at improving margins from 2027 onward. According to MarketScreener, the company’s savings plan amounts to SEK 3 billion and adds to a previously communicated SEK 1 billion cost program. Pareto expects these measures to provide meaningful support to earnings from 2027 to 2028, although it still sees estimate risk skewed to the downside.
Price level and valuation context
Husqvarna’s B share closed at SEK 36.25 on Nasdaq Stockholm on September 17, 2026, with a daily decline of about 0.36 percent per data cited by MarketScreener. With the average analyst target at SEK 43, this close leaves about 18.6 percent upside to the mean price objective, even after Pareto’s cut to SEK 35.
For investors, the key near term question is how deep the expected Q3 2026 earnings dip will be and whether Husqvarna’s cost programs can offset demand softness. Pareto’s 12 percent reduction in its 2026 EBIT forecast and its expectation of a 2 percent earnings decline underscore the pressure on profitability in the current fiscal year, while the SEK 3 billion savings plan points to a more supportive margin profile in 2027 and 2028.
Husqvarna stock around the SEK 36 mark
As of the last completed trading day on September 17, 2026, Husqvarna stock changed hands at SEK 36.25 on Nasdaq Stockholm, modestly below Pareto’s new target price of SEK 35 and about 18.6 percent under the average analyst target of SEK 43 reported by MarketScreener. The broker’s call for a negative adjusted EBIT in Q3 2026 introduces a clear risk for the next set of results, but the extended cost-saving initiatives indicate that management is preparing for a tougher environment and aiming to rebuild earnings beyond 2026.
Husqvarna stock key data
- Company: Husqvarna Group AB
- ISIN: SE0001662230
- Ticker: HUSQ-B
- Trading venue: Nasdaq Stockholm
- Price (as of September 17, 2026): 36.25 SEK
- Sector / Industry: Consumer Discretionary / Leisure Products
- Index membership: OMXS30
