Morgan Stanley cuts target to SEK 45 for Nibe Industrier stock

Published on 10/16/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target from SEK 47 to SEK 45 on October 9, 2026. Nibe Industrier stock costs EUR 3.94 on October 16, 2026.

Nibe valuation and calendar

Morgan Stanley cut its target from SEK 47 to SEK 45 on October 9, 2026.
Nibe reported SEK 10.85 billion in revenue and an 11.40 percent operating margin for the second quarter of 2026.
Nibe Industrier stock trades at EUR 3.94 at 9:39 a.m. CEST at Lang & Schwarz on October 16, 2026.
The next interim report is scheduled for November 17, 2026.

Nahaufnahme zeigt glänzende Kupferrohre eines Wärmetauschers mit Tropfen — Nibe Industrier AB (SE0015988019) zeigt eine Makroaufnahme eines Kupfer Wärmetauschers mit feinen glänzenden Kondenstropfen, Illustration mit AI erstellt.

Nibe Industrier (ISIN SE0015988019) was trading at EUR 3.94 at Lang & Schwarz on October 16, 2026 at 9:39 a.m. CEST. The latest analyst action came on October 9, when Morgan Stanley cut its target from SEK 47 to SEK 45 while maintaining an Equal Weight view, according to Affärsvärlden.

Target cut sets the tone

The revision puts a cautious counterweight against a broader recovery narrative. The same source lists DNB Carnegie raising its target to SEK 54 from SEK 48 on October 7, 2026, while Morgan Stanley moved in the opposite direction two days later. That spread shows how differently analysts assess the balance between improving demand, valuation and execution risk.

Three milestones and their figures

NIBE's second-quarter report, published on August 21, 2026, showed revenue of SEK 10.85 billion, up 12.40 percent from SEK 10.08 billion a year earlier. The operating result rose to SEK 1.23 billion from SEK 944.00 million, lifting the operating margin to 11.40 percent from 9.40 percent, according to Affärsvärlden.

What does the target cut mean?

The operating improvement is concrete, but the analyst range remains wide. TickerLandia lists an average target of SEK 46.15 from 13 analysts as of October 7, 2026, with targets ranging from SEK 29.00 to SEK 56.00, according to TickerLandia. NIBE's market capitalization was SEK 87.8 billion on October 16, 2026. The stock was last quoted at SEK 44.06 on Nasdaq Stockholm at 9:46 a.m. CEST, placing the Morgan Stanley target below the average but above the latest Stockholm quote.

Reporting date comes next

The next interim report is scheduled for November 17, 2026, according to Affärsvärlden. That report will test whether the second-quarter margin improvement can continue and whether the more constructive targets still have operating support.

Stock trades in euros

NIBE Industrier is listed on Nasdaq Stockholm and operates in heat pumps and energy solutions. Its euro quotation was trading at EUR 3.94 at Lang & Schwarz on October 16, 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.