SSAB stock gains on analyst upgrades and Q2 2026 figures

Published on 09/20/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SSAB stock rose after Oddo lifted its target to SEK 126 on September 17, 2026. Citi had raised its target to SEK 120 from SEK 110 on September 15, 2026.

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 stock (SE0000108656) traded at SEK 105.65 on September 16, 2026, and ad-hoc-news said the shares were 1.25 percent higher than the previous close. The same report said the stock was up almost 50 percent year to date, while Citi lifted its target to SEK 120 from SEK 110 on September 15, 2026.

Analysts keep lifting targets

According to ad-hoc-news.de, Oddo raised its target to SEK 126 on September 17, 2026, and Citi raised its objective to SEK 120 from SEK 110 on September 15, 2026. The same theme page also said the stock had risen into the latest results window after SSAB reported stronger revenue and earnings in its most recent quarter.

The investor page on SSAB shows Interim report Q2/2026, and SSAB says it is listed on Nasdaq Stockholm and Nasdaq Helsinki. The company also lists its Annual General Meeting 2026 for April 28, 2026 at 1 p.m.

Q2 2026 is the key base

SSAB's most recent reported quarter is Q2/2026, which the investor page identifies as the latest interim report. That quarter is the current operating reference for the stock narrative here, while the visible market reaction on September 16, 2026 supplies the price anchor.

For investors, the numbers now matter more than the tone: the stock was at SEK 105.65 on September 16, 2026, Citi's target stood at SEK 120, and Oddo's target at SEK 126. The article page also says the shares were almost 50 percent higher year to date, which keeps the valuation debate alive.

Stock stays elevated

SSAB stock was last cited at SEK 105.65 on Nasdaq Stockholm on September 16, 2026, with ad-hoc-news noting a 1.25 percent gain and a year-to-date rise of almost 50 percent.