UBS lifts target for Volvo B stock to SEK 398.00
Published on 10/13/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- UBS lifted its Volvo target from SEK 395.00 to SEK 398.00 on October 8, 2026, retaining Buy.
- Volvo Group is scheduled to publish its third-quarter 2026 report on October 23, 2026.
- Volvo B stock costs EUR 28.28 at Lang & Schwarz on October 13, 2026 at 1:37 p.m. CEST.
- AB Volvo has a P/E ratio of 17.95 and market capitalization of SEK 643.4 billion.
UBS raised its target for Volvo B from SEK 395.00 to SEK 398.00 on October 8, 2026, while keeping its Buy rating, according to FinanzNachrichten. Against the Stockholm price of SEK 316.40 on October 13, 2026, the target lies 25.79 percent above the share price. Volvo B was trading at EUR 28.28 at Lang & Schwarz on October 13, 2026 at 1:37 p.m. CEST.
UBS sees stronger third-quarter earnings
UBS analyst Hemal Bhundia expects Volvo's third-quarter revenue and operating income to exceed consensus estimates, while the bank also flags softer demand. The assessment places North American demand and market expectations for 2027 at the center of the upcoming discussion.
The target revision gives investors a concrete benchmark ahead of the report. The increase from SEK 395.00 to SEK 398.00 equals 0.76 percent, calculated against the previous UBS target.
October 23 report sets the next date
Volvo Group's investor-relations calendar schedules the third-quarter 2026 report for October 23, 2026, at 7:20 a.m. CEST, according to Volvo Group. The date is the next major scheduled information point for the stock and arrives before the company reports its full-year 2026 performance.
Volvo's latest reported quarter was the second quarter of 2026, when revenue reached SEK 126.273 billion and net income was SEK 10.371 billion. Those figures are supplied by the company's structured financial reporting for the period ended June 30, 2026.
Stock valuation and peer comparison
AB Volvo's market capitalization was SEK 643.4 billion on October 13, 2026, with a P/E ratio of 17.95. Its 52-week range was SEK 244.90 to SEK 374.50, leaving the Stockholm share 15.52 percent below the high.
Comparison with peers
Volvo B: P/E 17.95, market capitalization SEK 643.4 billion
Daimler Truck (Xetra, EUR): minus 0.34 percent, P/E 12.19, market capitalization EUR 31.2 billion
PACCAR (Nasdaq, USD): plus 0.08 percent, P/E 22.72, market capitalization USD 56.9 billion
EUR 28.28 at Lang & Schwarz
Volvo B was trading at EUR 28.28 at Lang & Schwarz on October 13, 2026 at 1:37 p.m. CEST. The euro quote gives German investors a live trading reference while the UBS target and the October 23 reporting date define the next measurable checkpoints.
The further course of trading is shown by the continuously updated real-time quote of Volvo B stock.
Volvo B market data
- Company: AB Volvo (publ)
- ISIN: SE0000115446
- Ticker: VOLV-B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 13, 2026, 1:37 p.m. CEST): EUR 28.28
- Market capitalization: SEK 643.4 billion (as of October 13, 2026)
- 52-week range: SEK 244.90-374.50 (as of October 13, 2026)
- Sector / Industry: Industrials / Industrial - Machinery
- Next earnings date: October 23, 2026
Market context: Market report OMXS30.
