Sandvik stock rises 2.45 percent as analysts lift targets

Published on 09/25/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandvik stock traded at SEK 381 on September 25, 2026, after JPMorgan raised its target to SEK 415. Q2 revenue growth reached 24 percent at fixed exchange rates.

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Sandvik stock (ISIN SE0000667891) traded at SEK 381 on Nasdaq Stockholm on September 25, 2026, up 2.45 percent from the previous close of SEK 371.90. The move follows a recent analyst target increase and comes with the next quarterly report scheduled for October 22, 2026.

Analyst target reaches SEK 415

According to MarketScreener on September 17, 2026, JPMorgan raised its Sandvik price target from SEK 400 to SEK 415 and retained a neutral rating. The increase was SEK 15, or 3.75 percent, but the new target remains only SEK 34 above the September 25 intraday price.

The broader analyst picture points to a narrower valuation gap than the target change alone suggests. MarketScreener lists an average 12-month target of SEK 390.90 from 21 analysts, which is SEK 9.90 above the September 25 price.

Q2 growth sets the operating benchmark

Sandvik's investor page identifies the second quarter of 2026 as the latest KPI period and reports revenue growth of 24 percent at fixed exchange rates. It also shows an adjusted EBITA margin of 22.6 percent and financial net debt at 1.0 times EBITDA, according to Sandvik.

The Q2 report also recorded order intake of SEK 37,799 million, up from SEK 32,206 million, while revenue reached SEK 36,752 million, according to PRNewswire. Order intake therefore increased by 17 percent at fixed exchange rates and organically, giving investors a direct operating comparison behind the current share price.

Stock remains below yearly high

At SEK 381 on September 25, Sandvik stood SEK 32.10 below its 52-week high of SEK 413.10 and SEK 122.90 above its 52-week low of SEK 258.10. The session range was SEK 377 to SEK 383.90, with volume of 258,793 shares.

Sandvik's market capitalization was SEK 477,921,036,663 on September 25, 2026. The company has also announced a Capital Markets Day for November 24-25, 2026, while its investor calendar lists October 22, 2026, for the third-quarter interim report.

Sandvik stock gains with results ahead

Sandvik stock was trading at SEK 381 on Nasdaq Stockholm on September 25, 2026, with the 2.45 percent daily gain placing the share below its 52-week high. The next reported operating checkpoint is the third-quarter release on October 22, 2026.