Morgan Stanley raises target for Atlas Copco stock to SEK 230

Published on 10/13/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was SEK 44.97 billion at a 20.60 percent margin. Atlas Copco stock costs EUR 18.87 on October 13, 2026 versus October 12 Xetra close EUR 16.01.

Key points in brief

Morgan Stanley raised its Atlas Copco target from SEK 222.00 to SEK 230.00 on October 12, 2026.
Second-quarter revenue was SEK 44.97 billion, while the operating margin was 20.60 percent.
Atlas Copco stock was EUR 18.87 at Lang & Schwarz on October 13, 2026, 17.86 percent above the October 12 Xetra close.
Atlas Copco will publish its third-quarter 2026 report on October 22, 2026.

Makroaufnahme glänzender Turbinenschaufeln und feiner Zahnradstruktur in Nahaufnahme — Atlas Copco AB (ISIN SE0011166610) zeigt Makroaufnahme präzise gefertigter Metallturbinenschaufeln und Zahnräder, Illustration mit AI erstellt.

Atlas Copco A (SE0017486889) was trading at EUR 18.87 at Lang & Schwarz on October 13, 2026 at 9:35 a.m. CEST, while Morgan Stanley raised its target from SEK 222.00 to SEK 230.00 on October 12, 2026, according to Affärsvärlden. The target increase gives the latest analyst signal a concrete benchmark ahead of the company report due later in October.

Three dated signals shape the story

On July 16, 2026, Atlas Copco had second-quarter revenue of SEK 44.97 billion and an operating margin of 20.60 percent, figures listed by Affärsvärlden. On October 2, 2026, the group finalized its acquisition of Guangdong Euroklimat, whose 2025 revenue was RMB 1.281 billion, according to Atlas Copco.

The current event is the October 12, 2026 target change by Morgan Stanley from SEK 222.00 to SEK 230.00. That SEK 8.00 increase equals 3.60 percent and keeps the analyst discussion centered on valuation rather than on a new company forecast.

What does the target change mean?

The target move matters because Atlas Copco enters the next reporting checkpoint with fresh operating data already on record. Second-quarter operating profit was SEK 9.25 billion, and the 20.60 percent operating margin matched the Q2 2025 margin, according to Affärsvärlden. The unchanged margin alongside higher revenue places execution and demand in the center of the next results assessment.

Two dates set the next checkpoints

Atlas Copco's next two dated events are an October 19, 2026 dividend and the October 22, 2026 third-quarter report, as listed by Affärsvärlden. The company separately confirmed that its Q3 2026 report will be published on October 22, 2026, according to Atlas Copco.

On Nasdaq Stockholm, Atlas Copco A was last at SEK 211.70 at 9:38 a.m. CEST on October 13, 2026, against a 52-week range of SEK 149.45 to SEK 214.10. Its market capitalization was SEK 1,031.6 billion at that timestamp. The combination of a quotation near the yearly high and a higher analyst target makes the October 22 report the next measurable test for the current valuation.

Stock trades above the Xetra close

At 9:35 a.m. CEST, the Lang & Schwarz price was EUR 18.87 on October 13, 2026, up 17.86 percent versus the Xetra close of October 12, 2026 at EUR 16.01. The further course of trading is shown by the continuously updated real-time quote of Atlas Copco stock.