Stora Enso stock gets a EUR 12.40 target after analyst hike

Published on 10/03/2026 at 22:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stora Enso stock closed at EUR 10.03 on October 2, 2026, while DNB Carnegie lifted its target to EUR 12.40. Adjusted EBIT rose 27 percent in Q2.

Stora Enso, FI0009005961, Illustration mit AI erstellt.

Stora Enso stock (ISIN FI0009005961) closed at EUR 10.03 on Nasdaq Helsinki on October 2, 2026, up 0.53 percent from EUR 9.97. The immediate catalyst was an analyst target increase, while the company's second-quarter profitability provides the operating benchmark for the next report.

Target rises to EUR 12.40

According to Borskollen on October 2, 2026, DNB Carnegie reiterated its buy recommendation and raised the price target to EUR 12.40 from EUR 11.30. The new target stands 23.7 percent above the October 2 price, making the target change the clearest valuation signal around the stock.

The same report says DNB Carnegie raised its adjusted earnings-per-share forecast for 2027 and 2028 by an average of 5 percent. It also expects third-quarter results to improve year over year, with the interim report due on October 30, 2026.

Adjusted EBIT climbs 27 percent

Stora Enso's second-quarter earnings call, published by Yahoo Finance, reported sales of EUR 2.4 billion and adjusted EBIT of EUR 160 million for Q2 2026. Adjusted EBIT increased 27 percent from the prior-year quarter, giving the stock a concrete operating comparison behind the analyst view.

Management also highlighted progress at the Oulu consumer board line and stronger consumer packaging volumes. The counterweight is visible in lower external wood prices in Sweden, foreign-exchange pressure and continuing ramp-up costs at Oulu, which keep the earnings recovery dependent on execution.

Stock remains below yearly high

Stora Enso stock traded within EUR 9.97 and EUR 10.22 on October 2, 2026. Its 52-week range was EUR 8.50 to EUR 12.26, placing the closing price 18.2 percent below the yearly high and 18.0 percent above the low.

The share had a market capitalization of EUR 7.9 billion and volume of 1,270,149 shares on October 2, 2026. The next dated checkpoint is October 30, 2026, when Stora Enso is scheduled to publish its interim report.