Sweco stock eases after consensus cuts and Q2 figures
Published on 08/31/2026 at 19:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sweco AB (publ) (SE0000164626) eased after a July 17, 2026 update showed second-quarter net sales of SEK 8,567 million and adjusted Ebita of SEK 864 million, while a fresh market snapshot on August 31, 2026 put the shares at SEK 129.20 and the consensus target at SEK 167.89.
The latest note from the latest market note said the average price target was cut 2.0% to SEK 167.89 from SEK 171.25, while the average recommendation stayed at buy and the gap to the share price was still 29.94%.
Q2 numbers stayed firm
That July 17, 2026 update also said Sweco's second-quarter net sales were 0.9% above consensus and 9.4% higher than a year earlier. Adjusted Ebita rose 15.2% year over year to SEK 864 million, although that was 0.3% below consensus.
The same comparison is useful for investors because it shows a split picture: sales outperformed the market view, but profitability landed just below it. The consensus after the report still pointed to sales of SEK 33,758 million for the current year and SEK 35,627 million for next year.
Analysts stayed constructive
On August 31, 2026, the analyst consensus still showed a buy rating and six analysts tracked in the snapshot. The average upside versus the latest close was listed at 31.15%, and the year-to-date move was minus 14.31% on the same screen.
For investors, the key tension is clear: the business keeps posting larger revenue lines, but the share price still trades well below the average target and well below where it started the year. That leaves the next reporting step and any further estimate revisions as the main test.
Engineering services
Sweco's core work remains engineering, architecture and technical consulting across buildings, infrastructure, water, energy and industry. The company profile on the same market page listed 22,000 employees and a sector classification of construction and engineering.
Stock level
As of August 31, 2026, the shares were quoted at SEK 129.20, after the same snapshot showed a 5-day change of minus 0.58% and a 1 January change of minus 14.31%.
More on Sweco stock
Company: Sweco AB (publ)
ISIN: SE0000164626
Ticker: SWEC B
Exchange: Cboe Europe
Sector / Industry: Construction and engineering
Index membership: OMXS30
Market cap: SEK 47.6 billion
Next earnings date: October 29, 2026
