Hexagon, SE0015961909

SEB raises target for Hexagon stock to SEK 110

Published on 10/16/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEB raises its target to SEK 110 on October 16, 2026 and keeps Hold. Hexagon stock costs EUR 9.46 at Lang & Schwarz on October 16, 2026.

Acquisition and analyst targets

Hexagon announced a USD 535 million Rocscience agreement on October 9, 2026.
Second-quarter organic growth reached 12.00 percent in the period ended June 30, 2026.
Hexagon stock trades at EUR 9.46 at 10:02 a.m. CEST at Lang & Schwarz on October 16, 2026.
SEB set a SEK 110 target and retained Hold on October 16, 2026.

Makroaufnahme einer Metalloberfläche mit rotem Laserstrahl und Bearbeitungsspuren — Hexagon AB (SE0015961909) steht für Präzisionsmessung im Mikrometerbereich, sichtbar in dieser Makroaufnahme mit roter Laserlinie, Illustration mit AI erstellt.

Hexagon stock costs EUR 9.46 at Lang & Schwarz on October 16, 2026 at 10:02 a.m. CEST. According to Affarsvarlden on October 16, 2026, SEB raised its Hexagon target from SEK 100 to SEK 110 while retaining Hold. The next quarterly report is scheduled for October 23, 2026.

Rocscience expands the software mix

Hexagon had announced an agreement to acquire Rocscience for an enterprise value of USD 535 million on October 9, 2026. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2026, according to PR Newswire.

Rocscience is expected to generate revenue approaching USD 50 million in calendar year 2026, with recurring revenue equivalent to more than 80 percent of sales. Its software will join Hexagon's Radar and Monitoring Division within the Infrastructure and Geospatial business area.

What does the margin profile show?

Hexagon's second-quarter revenue reached EUR 1.05 billion, while organic growth was 12.00 percent in the period ended June 30, 2026. Adjusted EBITAC rose to 24.30 percent from 21.00 percent a year earlier, and cash conversion reached 149.00 percent, according to the Yahoo Finance transcript.

The acquisition therefore adds a software asset to a business that already reported strong second-quarter operating leverage. Management also said the restructuring program had reached a savings run rate of EUR 73.5 million against a EUR 74 million target.

Three dated steps frame the story

On October 9, 2026, Hexagon agreed to buy Rocscience for USD 535 million. On October 9, 2026, J.P. Morgan raised its target from SEK 90 to SEK 125, according to Affarsvarlden. On October 16, 2026, SEB raised its target from SEK 100 to SEK 110 and retained Hold.

Dates on the investor calendar

The next substantiated date is October 23, 2026, for Hexagon's third-quarter report, followed by January 28, 2027, for the annual report, according to Affarsvarlden.

Stock price and upcoming results

Hexagon stock was trading at EUR 9.46 at Lang & Schwarz on October 16, 2026 at 10:02 a.m. CEST. The October 23 report will provide the next test of organic growth, margins and the integration outlook for Rocscience.

The further course of trading is shown by the continuously updated real-time quote of Hexagon stock.