Storebrand stock gains 1.61 percent while Q2 result grows 26 percent

Published on 09/25/2026 at 15:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Storebrand stock traded at NOK 195.90 on September 25, 2026, with a 52-week high of NOK 208.20. Danske Bank lifted its target to NOK 245 from NOK 200 on September 9, 2026.

Modernes Bürogebäude eines nordischen Versicherungskonzerns am Wasser bei Tageslicht — Storebrand ASA NO0003053605 zeigt modernes Bürogebäude eines nordischen Versicherungs- und Pensionskonzerns am Fjord, Illustration mit AI erstellt.

Storebrand (ISIN NO0003053605) stock was trading at NOK 195.90 on Oslo Bors on September 25, 2026, up 1.61 percent from the previous close. The Q2 2026 quarterly result rose 26 percent year-on-year to NOK 1.799 billion, giving the stock a fresh earnings reference as it traded 5.91 percent below its 52-week high of NOK 208.20.

Q2 result reaches NOK 1.799 billion

According to Yahoo Finance in its Q2 2026 transcript, earnings per share reached NOK 3.43, up 19 percent from the same quarter a year earlier. Annualized cash return on equity was 20 percent, while the trailing-12-month return on equity stood at 16 percent.

The operating result increased 17 percent year-on-year, and the first-half result reached NOK 3.2 billion, a 22 percent improvement from the first half of 2025. Assets under management reached NOK 1,658 billion in Q2, up 10 percent year-on-year, according to Yahoo Finance.

Danske Bank targets NOK 245

Marketscreener reported on September 9, 2026, that Danske Bank raised its Storebrand price target to NOK 245 from NOK 200 and reiterated a Buy rating. The new target is 25.06 percent above the intraday price of NOK 195.90.

The broader analyst picture is less aggressive than Danske Bank's target. Investing.com lists an average 12-month target of NOK 198.10 from nine analysts, with five Buy ratings, two Holds and two Sells. That average is 1.12 percent above the reference price, leaving the individual NOK 245 target as the more optimistic estimate.

Next results are due October 21

Investing.com identifies October 21, 2026 as Storebrand's next earnings date. The upcoming Q3 report will give investors a new checkpoint on earnings growth, asset flows and the insurance performance that supported the Q2 result.

Storebrand stock trades below its high

Storebrand stock was trading at NOK 195.90 on Oslo Bors on September 25, 2026 at 3:07 p.m. CEST, with a session range of NOK 193.50 to NOK 196.00. The 52-week range was NOK 148.50 to NOK 208.20, while market capitalization stood at NOK 82,013,107,929.