SSAB stock gains 2.65 percent as analysts lift targets
Published on 10/03/2026 at 22:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SSAB stock (ISIN SE0000171100) was last at SEK 100.45 on Nasdaq Stockholm on October 2, 2026, at 5:29 p.m. CEST, up 2.65 percent on the session. The move leaves the share SEK 8.70 below its 52-week high of SEK 109.15, while market capitalization stood at SEK 99.9 billion.
Analysts lift their targets
The latest analyst revisions provide the clearest near-term catalyst for the steelmaker. According to MarketScreener on September 21, 2026, Bank of America raised its SSAB price target to SEK 122 from SEK 120 and maintained a Neutral rating. The new target lies 21.5 percent above the October 2 price.
The company-specific comparison is wider in the broader analyst picture. MarketScreener listed an average target of SEK 110.57 and a consensus rating of Outperform, while SSAB's October 2 price was SEK 100.45, leaving the average target 10.1 percent higher.
Q2 profit advanced from Q1
SSAB's latest reported period was the second quarter of 2026. Affärsvärlden reported the July 22, 2026 release with revenue of SEK 27.489 billion, up 8.5 percent from Q1, and operating profit of SEK 2.695 billion. The operating result was 22.4 percent above the SEK 2.201 billion reported for Q1.
Operating margin also improved to 9.8 percent in Q2 from 8.7 percent in Q1. Net income reached SEK 2.082 billion, compared with SEK 1.601 billion in the preceding quarter, giving investors a second profitability comparison beyond the revenue increase.
Q3 date sets the next checkpoint
SSAB's next scheduled reporting event is October 28, 2026, when the company is due to publish its Q3 2026 interim report, according to Affärsvärlden. That date gives the market a defined checkpoint for whether the Q2 improvement in revenue, operating profit and margin carries into the next quarter.
SSAB stock stays below yearly high
SSAB stock was last at SEK 100.45 on Nasdaq Stockholm on October 2, 2026, at 5:29 p.m. CEST. The session range was SEK 97.76 to SEK 101.00, with volume of 419,389 shares and a 52-week range of SEK 58.12 to SEK 109.15.
SSAB stock facts
- Company: SSAB AB
- ISIN: SE0000171100
- Ticker: SSAB A
- Trading venue: Nasdaq Stockholm
- Price (as of October 2, 2026, 5:29 p.m. CEST): SEK 100.45
- Market capitalization: SEK 99.9 billion (as of October 2, 2026)
- 52-week range: SEK 58.12-109.15 (as of October 2, 2026)
- Sector / Industry: Iron and steel
- Next earnings date: October 28, 2026
