Sandvik stock tracks 24 percent revenue growth before Q3
Published on 09/30/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sandvik stock (ISIN SE0000667891) was trading at EUR 33.66 at Lang & Schwarz on September 30, 2026 at 12:48 p.m. CEST, up 0.48 percent versus the prior close of EUR 33.50. The company enters the next reporting checkpoint with Q2 revenue growth of 24 percent at fixed exchange rates and an adjusted EBITA margin of 22.6 percent, according to Sandvik.
Q2 growth sets the benchmark
Sandvik's Q2 2026 investor metrics show revenue growth of 24 percent at fixed exchange rates, while adjusted EBITA margin reached 22.6 percent. Net debt to EBITDA stood at 1.0 for the same period, giving investors a third operating marker ahead of the next report.
The combination matters because the margin figure puts the growth rate into an earnings context. A 22.6 percent adjusted EBITA margin gives the October report a clear test: whether revenue expansion continues to translate into operating profitability.
JP Morgan raises its target
MarketScreener reported on September 17, 2026 that JP Morgan raised its Sandvik price target from SEK 400 to SEK 415 and kept a neutral rating. The new target lies 8.75 percent above Sandvik's Nasdaq Stockholm quote of SEK 381.60 on September 30, 2026.
The target revision is a quantified counterweight to the neutral rating. It also places the analyst view below Sandvik's 52-week high of SEK 413.10, a market reference that makes the next earnings update more important than the target change alone.
October report is next checkpoint
Sandvik lists October 22, 2026 as the date for its Q3 2026 interim report. The company also lists a silent period beginning October 1, 2026, leaving the Q2 growth and margin figures as the latest operating reference before the release.
Sandvik's business mix links mining equipment, rock processing and metal-cutting tools, so the Q3 figures will show whether the 24 percent fixed-exchange-rate growth remains broad enough to support the 22.6 percent adjusted EBITA margin.
Sandvik stock holds above EUR 33
At Lang & Schwarz, Sandvik was trading at EUR 33.66 on September 30, 2026 at 12:48 p.m. CEST, up 0.48 percent versus the prior close of EUR 33.50. On Nasdaq Stockholm, the stock was at SEK 381.60 at 12:53 p.m. CEST, with a market capitalization of SEK 478.7 billion and a 52-week range of SEK 259.20 to SEK 413.10.
Sandvik stock facts
- Company: Sandvik AB (publ)
- ISIN: SE0000667891
- Ticker: SAND
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of September 30, 2026, 12:48 p.m. CEST): EUR 33.66
- Change versus prior close: plus 0.48 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 33.50
- Market capitalization: SEK 478.7 billion (as of September 30, 2026)
- 52-week range: SEK 259.20-SEK 413.10 (as of September 30, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Next earnings date: October 22, 2026
