Morgan Stanley cuts target for Nibe Industrier stock to SEK 45

Published on 10/13/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SEK 10.85 billion and net income SEK 751.0 million. Nibe Industrier stock is EUR 3.91 on October 13, 2026.

Key points in brief

Morgan Stanley cut its Nibe Industrier target from SEK 47 to SEK 45 on October 9, 2026.
Nibe reported second-quarter 2026 revenue of SEK 10.85 billion and net income of SEK 751.0 million.
Nibe Industrier stock was EUR 3.91 at Lang & Schwarz on October 13, 2026 at 9:39 a.m. CEST.
The next quarterly report is scheduled for November 17, 2026.

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Nibe Industrier stock was EUR 3.91 at Lang & Schwarz on October 13, 2026 at 9:39 a.m. CEST, while Morgan Stanley had cut its target from SEK 47 to SEK 45 on October 9, 2026. The rating remained Equal-weight, according to Affarsvarlden.

Analyst target moves lower

The SEK 45 target followed a previous SEK 47 target, giving investors a concrete counterpoint to the company's improving operating figures. Placera reported on October 7, 2026 that DNB Carnegie had raised its target from SEK 48 to SEK 54 and repeated a Buy rating.

Second-quarter figures improve

For the second quarter of 2026, revenue was SEK 10.85 billion and net income was SEK 751.0 million. The latest quarter also produced earnings per share of SEK 0.37, compared with SEK 0.24 in the second quarter of 2025, according to TickerLandia. Revenue growth and the earnings-per-share comparison show why the target debate is centered on valuation and execution rather than a deterioration in the latest reported quarter.

Three dated company milestones

On August 21, 2026, Nibe published its second-quarter report with SEK 10.85 billion in revenue. On October 7, 2026, DNB Carnegie raised its target to SEK 54 from SEK 48. On October 9, 2026, Morgan Stanley lowered its target to SEK 45 from SEK 47.

What comes next for reporting?

Nibe's next quarterly report is scheduled for November 17, 2026, according to Affarsvarlden. That date will give the market a fresh test of the recovery visible in the second-quarter figures.

Stock remains below yearly high

On the primary Nasdaq Stockholm listing, Nibe Industrier was SEK 43.82 at 9:44 a.m. CEST on October 13, 2026. The 52-week range was SEK 31.21 to SEK 46.99, and market capitalization was SEK 88.3 billion at the same market-data snapshot. The euro quote stood at EUR 3.91 at Lang & Schwarz on October 13, 2026 at 9:39 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nibe Industrier stock.