Industrivarden stock: DNB Carnegie raises target to SEK 530 for Industrivarden stock

Published on 10/21/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net asset value hit SEK 517 per share in nine months. Industrivarden stock costs EUR 46.21 on October 21, 2026, up 0.79 percent versus the Tradegate close.

Analyst target and reporting date

DNB Carnegie raised its Industrivarden target from SEK 520 to SEK 530 on October 8, 2026.
Net asset value reached SEK 517 per share for the first nine months of 2026.
Industrivarden stock costs EUR 46.21 at Lang & Schwarz on October 21, 2026 at 4:31 p.m. CEST, 0.79 percent above the Tradegate close.
The company lists February 5, 2027 for its full-year 2026 report.

Industrivarden Ab-C Shs, SE0000107203, Illustration mit AI erstellt.

DNB Carnegie raised its target for Industrivarden from SEK 520 to SEK 530 and reiterated its hold rating on October 8, 2026, according to MarketScreener. The target is 3.27 percent above the reported SEK 513.20 share price on October 21, 2026. At Lang & Schwarz, Industrivarden stock was trading at EUR 46.21 on October 21, 2026 at 4:31 p.m. CEST, 0.79 percent above the Tradegate close of EUR 45.85 on October 20, 2026.

Net asset value reached SEK 517

Industrivarden's latest operating signal is its portfolio value rather than conventional sales. In its interim report for the first nine months of 2026, the company reported net asset value of SEK 223.3 billion, equal to SEK 517 per share, up 17 percent from the same period of 2025. The report also put total return for Class C shares at 30 percent, compared with 11 percent for the SIXRX index. These figures came from the company report published on October 7, 2026, carried by Nasdaq Nordic.

Stock remains below its yearly high

The SEK 513.20 primary-market price was 9.46 percent below the 52-week high of SEK 566.80 and 33.91 percent above the 52-week low of SEK 383.00 on October 21, 2026. Market capitalization stood at SEK 221.7 billion, with a price-to-earnings ratio of 4.14. Volume was 137,620 shares at 4:34 p.m. CEST, while the euro quotation remained above the Tradegate close.

Valuation meets the next reporting date

The analyst picture is mixed in level but consistent in direction: Pareto Securities raised its target from SEK 500 to SEK 506 on October 8, 2026, while DNB Carnegie moved its target from SEK 520 to SEK 530, both retaining hold ratings, according to MarketScreener. The company's investor calendar lists February 5, 2027 for the full-year 2026 report, according to Industrivarden.

Comparison with peers

Industrivarden's low price-to-earnings ratio of 4.14 and SEK 221.7 billion market capitalization place the valuation in the investment-holding-company segment. Investor AB (Nasdaq Stockholm, SEK) traded at SEK 418.40 on October 21, 2026, with a price-to-earnings ratio of 5.97 and market capitalization of SEK 1.3 trillion. BlackRock (NYSE, USD) traded at USD 1,134.65, with a price-to-earnings ratio of 25.80 and market capitalization of USD 175.7 billion on the same date.

Price and investor perspective

For investors, the key comparison is between the SEK 517 net asset value per share and the SEK 513.20 primary-market price reported for October 21, 2026. The euro quote was higher than the previous German-market close, while the next scheduled company report is dated February 5, 2027.

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