Thule Group stock trades 23.19 percent below its yearly high
Published on 09/25/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Thule Group stock was trading at SEK 197.40 on Nasdaq Stockholm on September 25, 2026 at 12:51 p.m. CEST, down 0.40 percent from the prior close of SEK 198.20. The price was 23.19 percent below its 52-week high of SEK 257.00, giving investors a clear valuation reference as the next quarterly report approaches.
Analyst target moves to SEK 280
According to MarketScreener on September 18, 2026, Danske Bank reduced its target price from SEK 285 to SEK 280 while reiterating its Buy rating. The new target stands 41.84 percent above the intraday price of SEK 197.40 on September 25, 2026.
The target reduction is a counterweight to the positive operating trend. The market is therefore weighing improved profitability against a share price that remains SEK 59.60 below its 52-week high.
Q2 growth supports profitability
Quartr reported on September 23, 2026 that Thule achieved 2.5 percent organic growth in Q2 2026. In the first half of 2026, organic growth reached 3 percent and the EBIT margin improved by 1.5 percentage points.
The same summary puts last-twelve-month net sales ending Q2 2026 at SEK 10.4 billion and EBIT at SEK 1.7 billion, corresponding to an EBIT margin of 16.8 percent. Active with Kids and Dogs was the fastest-growing product area at 9 percent organic growth, while weaker recreational vehicle markets remained a business-specific pressure point.
Q3 results are scheduled for October 22
Nasdaq published Thule's investor meeting notice on September 11, 2026 and stated that the company will publish its Q3 financial results on October 22, 2026. The September 23 investor meeting gave the market an interim operating update before Thule entered its closed period.
Thule's investor-relations page identifies the Q2 2026 interim report, released on July 20, 2026, as the latest formal report. The combination of 16.8 percent EBIT margin and 2.5 percent Q2 organic growth makes the October report the next dated test for whether profitability can offset the weaker RV backdrop.
Stock remains below its yearly high
Thule Group stock stood at SEK 197.40 on Nasdaq Stockholm on September 25, 2026 at 12:51 p.m. CEST. Its 52-week range was SEK 185.10 to SEK 257.00, while market capitalization was SEK 21,287,253,179.
Thule Group stock facts
- Company: Thule Group AB (publ)
- Ticker: THULE
- Trading venue: Nasdaq Stockholm
- Price (as of September 25, 2026, 12:51 p.m. CEST): SEK 197.40
- Market capitalization: SEK 21,287,253,179 (as of September 25, 2026)
- 52-week range: SEK 185.10-257.00 (as of September 25, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
