J.P. Morgan raised target for Hexagon stock to SEK 125
Published on 10/14/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThe valuation case has two sides
- J.P. Morgan set a SEK 125 target for Hexagon on October 9, 2026.
- Second-quarter organic growth reached 12.00 percent and EBITAC margin reached 24.30 percent.
- Hexagon stock traded at EUR 9.33 at 11:30 a.m. CEST at Lang & Schwarz on October 14, 2026.
Hexagon (ISIN SE0015961909) became the subject of a higher valuation view after J.P. Morgan raised its target from SEK 90 to SEK 125 on October 9, 2026. As Yahoo Finance reported, the bank also upgraded its rating from Neutral to Overweight.
What does the target change imply?
The target increased 38.89 percent from SEK 90 to SEK 125, giving the analyst action a clear numerical dimension. J.P. Morgan's case rests on recovering end markets, while its report identified construction and automotive as weaker areas.
The broker also lifted its 2026 adjusted earnings per share forecast to EUR 0.36 from EUR 0.32, a 12.50 percent increase. It cut the 2027 forecast to EUR 0.31 from EUR 0.33, showing that the valuation case is not uniformly stronger across the forecast period.
Q2 growth reached 12 percent
Hexagon's second-quarter 2026 performance supplied the operating counterweight to the analyst debate. In the Q2 2026 call, Yahoo Finance reported that organic growth reached 12.00 percent and EBITAC margin improved to 24.30 percent from 21.00 percent in the comparison period.
The same call put second-quarter revenue at EUR 1.05 billion and cash conversion at 149.00 percent. Management also said sensor sales increased 17.00 percent, although the construction market in Europe and China remained challenged.
Three dates shape the story
On July 29, 2026, Hexagon presented second-quarter organic growth of 12.00 percent in its results call, according to Yahoo Finance. On October 2, 2026, the company scheduled its third-quarter 2026 report for October 23, 2026, according to Placera. On October 9, 2026, J.P. Morgan raised its target to SEK 125 from SEK 90.
Reporting dates are set
Hexagon is scheduled to publish its third-quarter 2026 report on October 23, 2026, with the presentation planned for the same day, according to Placera. The next annual report is listed for January 28, 2027, according to Affarsvarlden.
Hexagon stock at Lang and Schwarz
Hexagon stock was trading at EUR 9.33 at Lang & Schwarz on October 14, 2026, at 11:30 a.m. CEST. The primary listing is Nasdaq Stockholm, where the share trades under ticker HEXA B in SEK; the current market capitalization was SEK 267.8 billion and the 52-week range was SEK 71.57 to SEK 122.10 as of October 14, 2026.
The further course of trading is shown by the continuously updated real-time quote of Hexagon stock.
Hexagon stock facts
- Company: Hexagon AB (publ)
- ISIN: SE0015961909
- Ticker: HEXA B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 14, 2026, 11:30 a.m. CEST): EUR 9.33
- Market capitalization: SEK 267.8 billion (as of October 14, 2026)
- 52-week range: SEK 71.57-122.10 (as of October 14, 2026)
- Sector / Industry: Information Technology / Scientific and technical instruments
- Next earnings date: October 23, 2026
Market context: Market report OMXS30.
