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

Published on 10/20/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FactSet sees adjusted operating profit at SEK 10,268 million for Q3. Atlas Copco stock costs EUR 17.35 on October 20, 2026 before its report.

Nordea changes its valuation view

Nordea lifted its Atlas Copco target from SEK 225 to SEK 235 on October 19, 2026.
Adjusted operating profit is forecast at SEK 10,268 million for the third quarter.
Atlas Copco A stock trades at EUR 17.35 at 9:11 a.m. CEST at Lang & Schwarz on October 20, 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 (ISIN SE0017486889) was trading at EUR 17.35 at Lang & Schwarz on October 20, 2026 at 9:11 a.m. CEST. The latest company-specific signal came on October 19, 2026, when Placera reported that Nordea raised its target from SEK 225 to SEK 235.

Nordea sees semiconductor support

Nordea kept its Buy recommendation and linked the higher target to a stronger expected recovery in vacuum technology. The analyst expects semiconductor demand to support Atlas Copco growth during 2026 and 2027, while its operating-profit forecasts for 2026 through 2028 rose 5 percent, according to Placera.

What does the October report test?

The immediate test is the third-quarter report scheduled for October 22, 2026. FactSet consensus compiled from 14 analyst estimates points to adjusted operating profit of SEK 10,268 million, up 15.87 percent from SEK 8,862 million in the comparable period, while forecast sales of SEK 47,591 million exceed the prior-year figure of SEK 41,621 million by 14.34 percent, MarketScreener reported on October 19, 2026.

That forecast gives investors a measurable hurdle rather than a broad sector narrative. Orders received are projected at SEK 50,492 million, compared with SEK 40,517 million in the prior-year period, an increase of 24.62 percent. The report is due around 12:00 p.m. CEST, followed by a conference call at 2:00 p.m. CEST.

October 22 report date

Atlas Copco lists the third-quarter report for October 22, 2026, with the conference call on the same date. The schedule keeps the earnings figures at the center of the next trading decision.

Market value and price

Atlas Copco AB had a market capitalization of SEK 934.5 billion on October 20, 2026. Its Nasdaq Stockholm quote was SEK 191.55 at 9:14 a.m. CEST, while the 52-week range was SEK 149.45 to SEK 214.10. The combination of Nordea's higher target and the upcoming report puts the forecast operating-profit figure in direct focus.

Atlas Copco A was trading at EUR 17.35 at Lang & Schwarz on October 20, 2026 at 9:11 a.m. CEST.

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