Deutsche Bank started coverage at SEK 440 for Avanza stock

Published on 10/08/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Avanza added 329,751 shares on September 30, 2026. Avanza stock costs EUR 33.33 on October 8, 2026 after EUR 33.67, down 1.01 percent.

Aquarellmalerei der Stockholmer Altstadt mit Kirchturm und Wasserspiegelung — Aquarell-Ansicht der Stockholmer Altstadt; Avanza Bank Holding AB (ISIN SE0012454072) hat dort ihren Sitz, Illustration mit AI erstellt.

Avanza (SE0012454072) was trading at EUR 33.33 at Lang & Schwarz on October 8, 2026 at 1:37 p.m. CEST, down 1.01 percent. Deutsche Bank started coverage on September 30, 2026 with a Buy rating and a SEK 440.00 price target, according to Bourse Direct.

Three dated Avanza milestones

On July 14, 2026, Avanza reported second-quarter operating profit of SEK 928.00 million and earnings per share of SEK 4.97, figures carried in the Yahoo Finance earnings transcript. On September 30, the company said its share count had increased by 329,751 through employee subscriptions, according to Avanza.

On September 30, 2026, Deutsche Bank assigned Avanza a Buy rating and a SEK 440.00 target, making the analyst action the latest dated event in this sequence. The target gives the stock a clear valuation reference in Swedish kronor, while the Lang & Schwarz quote provides the German investor perspective in euros.

What does the share increase change?

The company had 158,158,842 shares and votes outstanding as of August 31, 2026, after the incentive-program subscriptions. The increase changes the denominator used for per-share calculations, but its direct scale is small relative to the existing share count.

Avanza's second-quarter operating profit of SEK 928.00 million exceeded the SEK 879.00 million reported for the first quarter, while earnings per share increased from SEK 4.71 to SEK 4.97. The comparison points to sequential operating improvement before the company reports its third-quarter figures.

Upcoming reporting dates

Avanza's next listed reporting date is October 16, 2026 for the interim report, followed by the annual report on January 22, 2027, according to Affärsvärlden. The October report will test whether the strong second-quarter profit level continued into the third quarter.

Avanza stock in Stockholm trading

On Nasdaq Stockholm, AZA.ST was last at SEK 373.70 at 1:40 p.m. CEST on October 8, 2026. The finance-sector stock had a market capitalization of SEK 59.0 billion and a 52-week range of SEK 318.40 to SEK 409.20 on the same date.

At Lang & Schwarz, Avanza stock was trading at EUR 33.33 on October 8, 2026 at 1:37 p.m. CEST, down 1.01 percent versus the prior close of EUR 33.67. The further course of trading is shown by the continuously updated real-time quote of Avanza stock.