Sandvik stock ends 2.29 percent higher at SEK 380.40 at the close
Published on 09/25/2026 at 18:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sandvik stock closed at SEK 380.40 on Nasdaq Stockholm on September 25, 2026, up SEK 8.50 or 2.29 percent. The gain exceeded the OMXS30's 0.70 percent advance by 1.59 percentage points. SB1 Markets' upgrade to Buy supported the day's industrial sector leadership.
The session on September 25, 2026 in figures
Sandvik AB (ISIN SE0000667891) opened at SEK 378.80 on Nasdaq Stockholm on September 25, 2026. The share reached a high of SEK 380.70 and a low of SEK 371.90, against a previous close of SEK 371.90. Sandvik finished at SEK 380.40 at the Nasdaq Stockholm close at 5:35 p.m. CET. Trading volume was 1.08 million shares, below the reported three-month average of 1.78 million.
Sandvik's closing gain placed the share SEK 32.70 below its 52-week high of SEK 413.10. The stock stood SEK 122.30 above its 52-week low of SEK 258.10. The daily range measured SEK 8.80 from low to high. The closing price was SEK 8.50 above the previous close, matching the 2.29 percent daily increase.
Analyst upgrades and mining exposure lift Sandvik
Placera reported on September 25, 2026, that SB1 Markets raised Sandvik to Buy from Neutral and increased its target to SEK 440 from SEK 360. SB1 Markets cited record metal prices, improving economic indicators for cutting tools and an attractive valuation. The firm projected 2027 EBITDA of SEK 41.6 billion, 3 percent above consensus.
Placera reported that Deutsche Bank reiterated Buy while cutting its target to SEK 424 from SEK 443. Deutsche Bank expected third-quarter order intake below consensus because of difficult comparison figures. The bank also retained a positive view of Sandvik's mining and industrial exposure. The target reduction contrasted with the more constructive SB1 Markets recommendation.
Swedish industrials lead the market on September 25, 2026
The OMXS30 gained 0.70 percent and the broader OMXSPI rose 0.60 percent at the Nasdaq Stockholm close at 5:35 p.m. CET. EFN reported that SKF led the OMXS30 with a 2.30 percent gain, followed by Lifco at 1.90 percent and Sandvik at 1.60 percent in its closing summary. Sandvik's 2.29 percent rise exceeded SKF's move by 0.01 percentage points and Lifco's by 0.39 percentage points.
Industrial stocks received support as raw materials were the strongest major sector, gaining 1.15 percent during the session. Energy was the weakest sector, falling 1.72 percent. Placera attributed the broader advance to hopes for diplomatic progress in the Middle East and an oil price decline of 1.4 percent. Sandvik's session therefore combined company-specific analyst action with a stronger Swedish industrial market.
