SEB raises target to SEK 285 for SKF stock before Q3 results

Published on 10/16/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEB lifted its SKF target from SEK 251 to SEK 285 on October 16, 2026. SKF stock costs EUR 24.30 ahead of Q3 results.

Target and reporting timetable

SEB raised its SKF target to SEK 285 from SEK 251 on October 16, 2026.
SKF reported SEK 23.20 billion in second-quarter revenue and SEK 1.26 billion in net income.
SKF stock trades at EUR 24.30 at 10:38 a.m. CEST at Lang & Schwarz on October 16, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte und Metall-Wälzlagern auf Tisch — Flatlay-Arrangement zeigt Aktienzertifikat, ISIN-Karte SE0000108227 und Wälzlagerteile, symbolisiert SKF AB Industrieunternehmen aus Schweden, Illustration mit AI erstellt.

SKF (ISIN SE0000108227) stock is priced at EUR 24.30 at Lang & Schwarz on October 16, 2026, while SEB raised its target from SEK 251 to SEK 285. The move came before SKF's third-quarter report, scheduled for October 21, 2026, and gives investors a fresh reference point for the industrial group's planned separation of its Automotive business.

SEB sees stronger industrial growth

According to MarketScreener on October 16, 2026, SEB kept its Hold rating and lifted the target to SEK 285 from SEK 251. The bank expects Industrial organic growth of 3.8 percent in the third quarter, compared with 1.4 percent in the previous quarter. That forecast makes the upcoming report a test of whether industrial demand is improving before the Automotive separation.

What does the separation change?

SKF's second-quarter revenue was SEK 23.20 billion, flat from the same period a year earlier, while net income reached SEK 1.26 billion, up 145 percent year over year, according to Simply Wall St. The reported profit margin was 5.4 percent, compared with 2.2 percent in the second quarter of 2025. The figures point to a business with stable sales but stronger earnings conversion.

Three dates shape the next phase

SKF announced on October 1, 2026, that an extraordinary general meeting approved the distribution of SKF Vertevo shares ahead of the planned listing. On October 8, 2026, SKF said its third-quarter report would include Automotive as discontinued operations. On October 16, 2026, SEB raised its target to SEK 285 from SEK 251. The next dates are the third-quarter report on October 21, 2026, and the planned SKF Vertevo listing on December 1, 2026, according to SKF.

Stock price and investor reference

SKF's market capitalization was SEK 123.3 billion as of October 16, 2026. The company is listed on Nasdaq Stockholm under SKF B and is included in the OMXS30 index. The euro quotation at Lang & Schwarz provides the German investor perspective ahead of the next reported operating figures.

SKF stock was trading at EUR 24.30 at Lang & Schwarz on October 16, 2026 at 10:38 a.m. CEST.

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