Sweco stock gains on earnings and broker cuts

Published on 09/03/2026 at 18:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sweco stock is trading after Q2 2026 revenue of SEK 8.567 billion and EBITA of SEK 864 million. MarketScreener also shows a 1st Jan change of -12.59 percent as broker targets shift.

Schwarzweiß-Reportagefoto von Ingenieuren auf einer städtischen Infrastruktur-Baustelle — Sweco AB (ISIN SE0000164626) dokumentiert schwarzweiß Bauingenieure bei der Arbeit auf einer städtischen Infrastruktur-Großbaustelle, Illustration mit AI erstellt.

Sweco stock (SE0000164626) is tied to Q2 2026 revenue of SEK 8.567 billion and EBITA of SEK 864 million, while MarketScreener shows the share at SEK 128.50 as of September 2, 2026. The same snapshot puts the year-to-date change at -12.59 percent.

Q2 still sets the tone

MarketScreener lists the latest company news item on Sweco as a July 17, 2026 earnings release, and the figures still frame the stock. Revenue was up from SEK 7.834 billion a year earlier, a gain of SEK 733 million, and EBITA rose from SEK 750 million to SEK 864 million.

The comparison is more than cosmetic. Net revenue increased 9.4 percent year on year, while EBITA climbed 15.2 percent, a stronger pace that matters for a consulting group where margin delivery often drives the valuation debate.

Broker view shifts

MarketScreener also carries an August 12, 2026 coverage note from Kepler Cheuvreux with a hold rating and a target price of SEK 133, while earlier July updates on the same page show Handelsbanken at SEK 143 and Pareto Securities at SEK 165. That range puts the current quote below even the lowest of those named targets.

For investors, the tension is clear: the operational base from Q2 is solid, but the stock has still lost 12.59 percent since the start of the year. A smaller gap between earnings momentum and market performance would matter more than broad sector optimism.

Projects and people

MarketScreener lists a July 15, 2026 win for a multi-year framework agreement with water authorities in the Netherlands, valued at about SEK 144 million. It is a useful reminder that Sweco's order flow still includes project work outside the quarterly income statement.

The same news feed also notes management changes in Sweden and the UK in late August and July 2026. For a consultancy with a broad Nordic and European footprint, execution across these teams is part of the earnings story.

Consulting revenue mix

Sweco's core business remains technical consulting across construction and engineering, the sector label shown on the MarketScreener stock page. That makes revenue growth, EBITA conversion and order wins the three figures that matter most for the next reporting cycle.

Historical context still helps: the July 17, 2026 report on the page gives Q2 2026 revenue of SEK 8.567 billion and EBITA of SEK 864 million, which are the latest reported figures visible in the current material.

SEK 128.50 quote

The share price snapshot on MarketScreener puts Sweco at SEK 128.50 as of September 2, 2026, with the stock down 12.59 percent for the year. The quote sits below the broker target band shown in the same news feed.