SSAB stock gains as analysts lift targets

Published on 09/09/2026 at 21:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SSAB stock rose 2.27 percent to USD 5.440 on September 4, 2026. SB1 Markets raised its target to SEK 130 from SEK 120 and kept Buy.

Fotorealistische Aufnahme eines schwedischen Stahlwerks mit glühenden Stahlblechen — Fotorealistisches Bild zeigt SSAB AB, ISIN SE0000108656, mit typischer Stahlwerk-Anlage und Stahlblechen in Skandinavien, Illustration mit AI erstellt.

SSAB AB (SE0000108656) stock traded at USD 5.440 on September 4, 2026, up 2.27 percent on the session and 43.73 percent for 2026. The move came after SB1 Markets lifted its target to SEK 130 from SEK 120 and kept its Buy view on September 4, 2026, as shown by Zonebourse.

Targets move higher

Zonebourse also listed Deutsche Bank on September 4, 2026, raising its target on SSAB to SEK 98 from SEK 90 while keeping a Hold recommendation. On the same page, the broker flow shows Affarsvarlden turning negative on September 1, 2026, which leaves the stock with mixed near-term signals.

The same consensus page shows 14 analysts, a last close of SEK 104.10 and a mean target of SEK 109.71, which leaves the average view 5.39 percent above the close. The high target stands at SEK 135.00, while the low target is SEK 88.00.

Quarterly base still matters

For fundamentals, Zonebourse says SSAB's latest visible annual figures are revenue of SEK 96.220 billion for 2025, EBITDA of SEK 10.189 billion for 2025 and EBIT of SEK 6.116 billion for 2025. The same page compares that with 2024, when revenue was SEK 103.418 billion, EBITDA SEK 12.069 billion and EBIT SEK 7.860 billion, so the 2025 line shows revenue down 6.96 percent and EBITDA down 15.58 percent year on year.

The investor page on SSAB lists the company's Q2 2026 earnings call on July 22, 2026. Zonebourse also places the next results presentation on October 28, 2026, which keeps the market focused on whether the improvement seen in the second quarter can hold.

Stock near its yearly top

SSAB shares changed hands at USD 5.440 on OTC Markets on September 4, 2026, with a 52-week range of USD 2.86 to USD 5.74 and a market capitalization of USD 10.88 billion. That leaves the stock about 5.2 percent below the annual high and close to the top of its yearly range.