Nordea raises Atlas Copco stock target to SEK 235 from SEK 225

Published on 10/19/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea lifts its target to SEK 235 from SEK 225 on October 19, 2026. Atlas Copco stock costs EUR 17.74 at Lang & Schwarz on October 19, 2026.

Semiconductor demand meets scheduled results

Nordea lifted its Atlas Copco target from SEK 225 to SEK 235 on October 19, 2026.
Second quarter 2026 revenue reached SEK 45.0 billion, an increase of 9.1 percent year over year.
Atlas Copco A stock traded at EUR 17.74 at 10:04 a.m. CEST at Lang & Schwarz on October 19, 2026.

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Atlas Copco A (ISIN SE0017486889) was trading at EUR 17.74 at Lang & Schwarz on October 19, 2026 at 10:04 a.m. CEST. MarketScreener reported that Nordea raised its Atlas Copco target to SEK 235 from SEK 225 on October 19, 2026, while keeping a Buy recommendation.

Nordea sees stronger vacuum demand

The analyst view centers on a recovery in vacuum technology and stronger semiconductor demand during 2026 and 2027. Nordea also raised its operating profit forecasts for 2026 through 2028 by 5 percent, according to BorsKollen.

The latest reported operating backdrop was constructive. Atlas Copco recorded second quarter 2026 revenue of SEK 45.0 billion, up 9.1 percent from the second quarter of 2025, while net income rose 8.2 percent to SEK 7.06 billion, according to Simply Wall St.

Three recent milestones

On July 16, 2026, Atlas Copco reported second quarter revenue of SEK 45.0 billion. On October 2, 2026, the group said Guangdong Euroklimat had become part of its Oil-free Air division; the acquired company reported 2025 revenue of RMB 1,281 million. On October 19, 2026, Nordea lifted its target to SEK 235 from SEK 225. The company dates and acquisition details are listed on Atlas Copco Group.

What does the target change mean?

Nordea's SEK 10 target increase gives the analyst view a more specific semiconductor angle, while the second quarter comparison shows revenue growth of 9.1 percent and net income growth of 8.2 percent. Atlas Copco's fiscal year 2025 revenue was SEK 168,343 million and its operating margin was 20.3 percent, according to the company's investor-relations material.

The next reporting dates

Atlas Copco will publish its third quarter 2026 report on October 22, 2026, at around 12:00 p.m. CEST, followed by a conference call at 2:00 p.m. CEST, according to the Atlas Copco Group release. The annual report is scheduled for January 28, 2027, according to Affarsvarlden.

Stock price before the Q3 report

The next test for the analyst view is the third quarter report, with vacuum demand and operating profit expectations providing the main numerical markers. Atlas Copco A was trading at EUR 17.74 at Lang & Schwarz on October 19, 2026 at 10:04 a.m. CEST.

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