Sandvik names 2027 committee and JP Morgan targets Sandvik stock at SEK 415.00

Published on 10/02/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandvik stock costs EUR 31.92 on October 2, 2026 after EUR 31.67, plus 0.79 percent. Q2 revenue growth reached 24.00 percent.

Isometrische Grafik der Wertschöpfungskette Stahl zu Werkzeug, Sandvik AB SE0000667891 — Sandvik AB (SE0000667891) deckt die gesamte industrielle Wertschöpfungskette von Rohstahl bis Präzisionswerkzeug ab, Illustration mit AI erstellt.

Sandvik (ISIN SE0000667891) was trading at EUR 31.92 at Lang & Schwarz on October 2, 2026 at 1:07 p.m. CEST, plus 0.79 percent versus the prior close of EUR 31.67. On September 21, 2026, PR Newswire reported that Sandvik had named its nomination committee for the April 28, 2027 annual general meeting. On September 17, 2026, MarketScreener reported that JP Morgan raised its target from SEK 400.00 to SEK 415.00 while reiterating a neutral rating.

Committee sets governance timetable

The committee consists of representatives from AB Industrivärden, Swedbank Robur Funds, Lundbergs, Handelsbanken Funds and Sandvik Chairman Johan Molin. Its work covers proposals on the board, fees, auditor and committee instructions for the 2027 annual meeting, according to PR Newswire.

The timetable gives the stock a defined corporate milestone, with the annual meeting scheduled for April 28, 2027 in Sandviken. The next operating checkpoint arrives earlier, as Sandvik lists its third-quarter interim report for October 22, 2026.

Q2 margins add operating context

Sandvik's investor page reports 24.00 percent revenue growth in Q2 2026 at fixed exchange rates, alongside an adjusted EBITA margin of 22.60 percent and financial net debt to EBITDA of 1.00. Those figures connect the governance news with the operating picture and show that the latest reported quarter carried both growth and margin data, according to Sandvik.

JP Morgan's target revision provides a second reference point for valuation, but its unchanged neutral rating makes the SEK 415.00 target a measured assessment rather than a broad change in stance. The target is 3.88 percent above the previous SEK 400.00 level.

Stock stays below its Stockholm high

Sandvik is listed on Nasdaq Stockholm under ticker SAND and ISIN SE0000667891. At 1:13 p.m. CEST on October 2, 2026, the primary-market quote was SEK 360.60, while the 52-week high was SEK 413.10 and the 52-week low was SEK 262.70; the stock therefore stood 12.71 percent below its high. Market capitalization was SEK 452.3 billion on the same date.

The EUR 31.92 Lang & Schwarz quote was above its EUR 31.67 prior close on October 1, 2026, but the 0.79 percent move remains below the threshold for a directional headline. The further course of trading is shown by the continuously updated real-time quote of Sandvik stock.