UBS raises target for Volvo B stock to SEK 398.00
Published on 10/14/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUBS updates Volvo target
- UBS lifted its Volvo B target to SEK 398.00 and retained its Buy rating on October 8, 2026.
- Second-quarter revenue rose 2.75 percent to SEK 126.3 billion from SEK 122.9 billion.
- Volvo B stock costs EUR 28.57 at Lang & Schwarz on October 14, 2026 at 3:30 p.m. CEST, plus 1.20 percent on Nasdaq Stockholm versus the October 13, 2026 close of SEK 315.60.
- Volvo Group will publish third-quarter 2026 results on October 23, 2026.
On October 8, 2026, finanzen.ch reported that UBS raised its target for Volvo B from SEK 395.00 to SEK 398.00 and retained its Buy rating. The target sits 24.61 percent above the latest Nasdaq Stockholm price of SEK 319.40.
At 3:30 p.m. CEST on October 14, 2026, Volvo B was trading at EUR 28.57 at Lang & Schwarz, plus 1.20 percent on Nasdaq Stockholm versus the October 13, 2026 close of SEK 315.60.
Revenue advances in second quarter
Revenue reached SEK 126.3 billion in the second quarter of 2026, up 2.75 percent from SEK 122.9 billion a year earlier, according to Simply Wall St on October 6, 2026. Net income excluding extra items rose to SEK 10.4 billion from SEK 7.4 billion in the same period.
Stock remains below yearly high
The Nasdaq Stockholm price of SEK 319.40 stood 14.71 percent below the 52-week high of SEK 374.50 and 30.42 percent above the low of SEK 244.90 on October 14, 2026. The intraday range was SEK 314.40 to SEK 321.20, while volume reached 1,368,919 shares against an average of 2,938,572.
Valuation and reporting date
AB Volvo had a market capitalization of SEK 649.5 billion, a price-to-earnings ratio of 18.12 and a trailing dividend yield of 0.04 percent on October 14, 2026. The company states on its investor page that it will publish its third-quarter 2026 report on October 23, 2026, at 7:20 a.m. CEST.
Comparison with peers
Volvo B: plus 1.20 percent, P/E 18.12, market capitalization SEK 649.5 billion as of October 14, 2026.
Daimler Truck Holding AG (Xetra, EUR): plus 0.49 percent, P/E 12.12, market capitalization EUR 31.1 billion as of October 14, 2026.
PACCAR (Nasdaq, USD): minus 0.05 percent, P/E 22.68, market capitalization USD 56.8 billion as of October 14, 2026.
Trading continues above SEK 315
The combination of a 2.75 percent year-over-year revenue increase and UBS's SEK 398.00 target gives the current quotation two measurable reference points. The next scheduled report on October 23, 2026 will provide the next period-specific test of revenue and profitability.
The further course of trading is shown by the continuously updated real-time quote of Volvo B stock.
Volvo B trading details
- Company: AB Volvo (publ)
- ISIN: SE0000115446
- Ticker: VOLV-B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 14, 2026, 3:30 p.m. CEST): EUR 28.57
- Change on Nasdaq Stockholm: plus 1.20 percent
- Nasdaq Stockholm close (October 13, 2026): SEK 315.60
- Market capitalization: SEK 649.5 billion (as of October 14, 2026)
- 52-week range: SEK 244.90-374.50 (as of October 14, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report OMXS30.
