SKF stock: DNB Carnegie raises target to SEK 315
Published on 10/20/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- DNB Carnegie raised its SKF target to SEK 315 from SEK 290 on October 15, 2026.
- SKF will publish its third-quarter 2026 report on October 21, 2026.
- SKF stock costs EUR 24.19 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST.
- The Nasdaq Stockholm quote was SEK 270.90 on October 20, 2026 at 2:24 p.m. UTC.
SKF stock is priced at EUR 24.19 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST. DNB Carnegie raised its target for SKF to SEK 315 from SEK 290 on October 15, according to MarketScreener. The target revision is the clearest current valuation signal ahead of the company's quarterly report.
Target rises before quarterly results
DNB Carnegie reiterated its Buy rating while lifting the target by SEK 25, or 8.62 percent, from SEK 290 to SEK 315. The note came on October 15, 2026, five days before SKF's scheduled third-quarter update. The target is stated in Swedish kronor, so it is not compared with the euro quotation.
SKF prepares its third-quarter update
SKF will publish its third-quarter 2026 report on October 21, 2026, at around 7:30 a.m. CET, according to SKF. A consensus compiled from 15 analyst estimates puts adjusted operating profit at SEK 2,781 million, net sales at SEK 17,417 million and adjusted operating margin at 15.97 percent for the quarter, MarketScreener reported on October 16, 2026.
Stock position and valuation
AB SKF's Nasdaq Stockholm B share was SEK 270.90 at 2:24 p.m. UTC on October 20, 2026, down from a previous close of SEK 272.50. The same quotation showed a 52-week range of SEK 204.80 to SEK 282.00, a market capitalization of SEK 123.4 billion and a P/E ratio of 27.10.
What happens next
The October 21 report is the next scheduled company date. SKF's investor page also states that the Automotive business, SKF Vertevo, is expected to list on Nasdaq Stockholm on December 1, 2026, while a dedicated Capital Markets Day is planned for November 17, 2026.
Investor view
The immediate test is whether the reported third-quarter figures support the higher SEK 315 target. The report's consensus operating-profit figure of SEK 2,781 million provides the first numerical benchmark for that assessment.
SKF was trading at EUR 24.19 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of SKF stock.
SKF stock facts
- Company: AB SKF (publ)
- ISIN: SE0000108227
- Ticker: SKF B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 20, 2026, 4:09 p.m. CEST): EUR 24.19
- Market capitalization: SEK 123.4 billion (as of October 20, 2026)
- 52-week range: SEK 204.80-282.00 (as of October 20, 2026)
- Sector / Industry: Industrial machinery and equipment
- Next earnings date: October 21, 2026
Market context: Market report OMXS30.
