Nordea raises target for SKF stock to SEK 325 from SEK 315
Published on 10/14/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNordea target and reporting dates
- Nordea raised its SKF target to SEK 325 from SEK 315 on October 14, 2026.
- Second-quarter 2026 revenue reached SEK 23.20 billion, up 6.00 percent year over year.
- SKF stock traded at EUR 24.54 at 12:24 p.m. CEST at Lang & Schwarz on October 14, 2026.
SKF (ISIN SE0000108227) was trading at EUR 24.54 at Lang & Schwarz on October 14, 2026 at 12:24 p.m. CEST. On the same date, Nordea raised its SKF price target from SEK 315 to SEK 325 and reiterated its Buy rating, as MarketScreener reported.
Nordea lifts target to SEK 325
Nordea's action is the clearest same-day valuation signal for SKF. The bank's new target is SEK 10 above the previous SEK 315 level, while its Buy recommendation remains unchanged, according to MarketScreener on October 14, 2026.
The assessment is not risk-free. Nordea cut its adjusted EBIT forecasts for 2026 through 2028 by 5.00 percent after removing the automotive business from its estimates, although it cited positive currency effects as an offset, MarketScreener reported.
Q2 revenue rose 6.00 percent
SKF reported revenue of SEK 23.20 billion in the second quarter of 2026, up 6.00 percent year over year. Operating profit was SEK 2.22 billion and net income was SEK 1.33 billion for the same period, figures listed by Affarsvarlden.
The operating margin was 9.60 percent in the second quarter, compared with 5.60 percent in the second quarter of 2025. That comparison gives Nordea's margin thesis a concrete operating benchmark, even as the business portfolio changes before the planned separation of automotive activities.
Three dated SKF milestones
On October 1, 2026, SKF's extraordinary general meeting resolved on the distribution of SKF Vertevo shares, according to Affarsvarlden. On October 8, 2026, SKF announced that it would publish its third-quarter 2026 results on October 21, 2026, as Cision reported. On October 14, 2026, Nordea raised its target to SEK 325.
Two dates shape the next steps
The next reporting date is October 21, 2026, when SKF will publish its third-quarter report. SKF Vertevo's capital markets day is scheduled for November 17, 2026, according to Affarsvarlden. The two dates put execution of the separation and the next operating update ahead of Nordea's longer-term margin view.
SKF stock trades at EUR 24.54
SKF stock was trading at EUR 24.54 at Lang & Schwarz on October 14, 2026 at 12:24 p.m. CEST. The primary listing is Nasdaq Stockholm, where the B share was last quoted at SEK 273.50 at 10:27 a.m. UTC on October 14, 2026; the 52-week range was SEK 204.80 to SEK 282.00 and market capitalization was SEK 124.6 billion.
The further course of trading is shown by the continuously updated real-time quote of SKF stock.
SKF stock facts
- Company: AB SKF (publ)
- ISIN: SE0000108227
- Ticker: SKF B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 14, 2026, 12:24 p.m. CEST): EUR 24.54
- Market capitalization: SEK 124.6 billion (as of October 14, 2026)
- 52-week range: SEK 204.80-282.00 (as of October 14, 2026)
- Sector / Industry: Industrials / Industrial machinery
- Index membership: OMXS30
- Next earnings date: October 21, 2026
Market context: Market report OMXS30.
