Pareto raises target for Sandvik stock to SEK 385

Published on 10/12/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pareto raised its target to SEK 385 from SEK 370 on October 8, 2026. Sandvik stock costs EUR 32.34 on October 12, 2026 before October 22 results.

Pareto raised its Sandvik target from SEK 370 to SEK 385 on October 8, 2026, while keeping a Hold rating.
Sandvik reported Q2 2026 revenue of SEK 36.8 billion, up 19.8 percent year over year, according to Affärsvärlden.
Sandvik stock was trading at EUR 32.34 at Lang & Schwarz on October 12, 2026 at 10:32 a.m. CEST.
Sandvik is scheduled to publish third-quarter results on October 22, 2026, followed by its Capital Markets Day on November 24-25, 2026.

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Sandvik (ISIN SE0000667891) was trading at EUR 32.34 at Lang & Schwarz on October 12, 2026 at 10:32 a.m. CEST. Placera reported on October 8, 2026 that Pareto raised its target from SEK 370 to SEK 385 and kept a Hold rating. The target change puts the upcoming results and the November strategy event at the center of the Sandvik investment case.

Target rises as results approach

Pareto expects organic order intake to increase 13.00 percent in the third quarter and sales to rise 24.00 percent, according to Placera. The same analysis expects an adjusted EBITA margin of 22.60 percent, while weaker tungsten prices are identified as a counter-factor.

Sandvik's second-quarter revenue reached SEK 36.8 billion, up 19.80 percent from the second quarter of 2025, while operating profit was SEK 7.2 billion and the operating margin was 19.70 percent, data published by Affarsvärlden show. The comparison gives the target increase a clear operating backdrop, but it also leaves the next order intake update as a central test.

Three dated signals for Sandvik

On July 17, 2026, Sandvik's second-quarter report showed SEK 36.8 billion in revenue and a 19.70 percent operating margin, according to Affarsvärlden. On October 5, 2026, Sandvik announced that its third-quarter report would be published on October 22, 2026, per the company release from Sandvik. The latest signal came on October 8, 2026, when Pareto lifted its target to SEK 385 from SEK 370.

What dates matter next?

Sandvik will publish its third-quarter results on October 22, 2026, with an investor webcast at 10:00 a.m. CEST, according to Sandvik. The Capital Markets Day follows on November 24-25, 2026, a two-day event listed in the company announcement distributed through Nasdaq.

Sandvik stock before the next report

Sandvik's market capitalization was SEK 453.6 billion as of October 12, 2026, while its 52-week range was SEK 262.70 to SEK 413.10. The Lang & Schwarz price therefore sits below the reported yearly high in a separate euro quotation, while the Swedish listing remains the primary market reference for the company's valuation. The further course of trading is shown by the continuously updated real-time quote of Sandvik stock.