UPM-Kymmene stock holds firm as price and earnings align
Published on 08/21/2026 at 12:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
UPM-Kymmene stock is trading at EUR 23.31 and carries a market cap of EUR 11.99 billion as of August 20, 2026, with the shares quoted at EUR 23.58 in a separate market snapshot on August 21, 2026. The latest earnings overview visible in the current search set points to 2025 revenue of EUR 9.47 billion and diluted EPS of EUR 0.91, while the quarterly view for Q2 2026 shows revenue of EUR 2.36 billion and gross margin of 8.03%.
Market level first
The gap between the current quote and the 52-week context is part of the story for UPM-Kymmene Oyj. One market snapshot puts the stock at EUR 23.31 on August 20, 2026, while another shows EUR 23.58 on August 21, 2026, which leaves the share price below the market-cap threshold implied by the EUR 11.99 billion valuation.
A chart signal on August 20, 2026 also flagged a move through the 38-day moving average at EUR 23.20, and another signal noted a MACD long setup at EUR 23.41 on August 20, 2026. That gives traders a concrete technical frame: the stock has been moving through short-term reference levels rather than breaking into a fresh range.
Latest earnings frame
The freshest fundamentals in the result set are still centered on 2025 and Q2 2026. The 2025 overview shows revenue of EUR 9.47 billion and diluted EPS of EUR 0.91, while Q2 2026 shows revenue of EUR 2.36 billion and gross profit of EUR 189 million, up 1.9% year over year.
That makes the comparison more useful than the absolute numbers alone. Revenue growth of 1.0% in Q2 2026 was modest, but the gross margin of 8.03% and gross profit of EUR 189 million show that the quarter still produced meaningful operating scale for a paper and paper products group.
The current view also places the stock against a broader European industrial backdrop, where valuation and margin delivery matter more than simple sales growth. For investors, the key question is whether UPM-Kymmene can turn a EUR 2.36 billion quarter into stronger margin momentum later in 2026.
Business that drives the group
UPM-Kymmene's core business spans pulp, paper, and wood-based materials, with the company known for large-scale forest industry operations in Europe and beyond. That mix means the stock often reacts to pricing, input costs, and margin shifts rather than to one single product headline.
Stock view
As of August 21, 2026, the shares trade at EUR 23.31 in one current snapshot and EUR 23.58 in another, with a market cap of EUR 11.99 billion attached to the August 20, 2026 close. The current setup leaves UPM-Kymmene stock tied to margin delivery and technical levels more than to a single event move.
Fact box
Company: UPM-Kymmene Oyj
ISIN: FI0009005987
Ticker: UPM.HE
Exchange: Nasdaq Helsinki
Price: EUR 23.31 as of August 20, 2026
Market cap: EUR 11.99 billion as of August 20, 2026
Sector / Industry: Materials / Paper & Paper Products
Index membership: OMX Helsinki 25
