Volvo B stock gains after SEB lifts its target to 400 SEK.
Published on 08/28/2026 at 08:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Volvo B stock rose after SEB lifted its target on AB Volvo to 400 SEK from 365 and kept an buy view, with the shares closing at 346.40 SEK on August 27, 2026.
The move gives the stock a fresh valuation marker after a 17.07 percent gain since January 1 and a 1.39 percent drop on the latest session. Average analyst price targets now sit at 355.27 SEK across 22 covering analysts.
Target reset
The new 400 SEK target implies 15.47 percent upside from the August 27 close. It also leaves the average target below the new house view, which matters for how investors frame the stock after the latest note.
AB Volvo's business mix still leans on trucks, construction equipment, buses, and services, with the company describing trucks as 66.2 percent of 2025 revenue and buses as 5.1 percent. The firm also said it sold 202,911 trucks in 2025.
Consensus and calendar
The consensus page shows an average recommendation of Accumulate, 22 analysts, and a 2.56 percent gap between the 346.40 SEK close and the 355.27 SEK average target. Volvo's next reported milestone on the calendar is October 23, 2026 for Q3 2026 results.
For investors, the setup is simple: the target move adds another data point to a stock already up 17.07 percent year to date, while the analyst average still leaves room above the last close.
Volvo Buses orders
Volvo Buses won a 38-bus electric order from the South African government, and the same date also brought a separate bus order in Cape Town. Those contracts keep the bus segment visible even though trucks remain the core earnings engine.
Stock snapshot
Volvo B shares ended at 346.40 SEK on August 27, 2026, with the session down 1.39 percent. The average target of 355.27 SEK and the new 400 SEK call both sit above that close.
Company
Company: AB Volvo
ISIN: SE0000115446
Ticker: VOLV B
Exchange: Nasdaq Stockholm
Price (as of August 27, 2026, 6:00 p.m. ET): SEK 346.40
Market cap: $74 billion
Sector / Industry: Industrials / Heavy Machinery
Index membership: OMXS30
Next earnings date: October 23, 2026
