DNB Carnegie cuts target for Husqvarna stock from SEK 41 to SEK 36

Published on 10/20/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results arrive October 21, 2026, with adjusted profit forecast at SEK 25 million. Husqvarna stock costs EUR 3.08 before Q3 results.

Analyst target and reporting date

DNB Carnegie cut its Husqvarna target from SEK 41.00 to SEK 36.00 on October 9, 2026.
FactSet's Q3 forecast puts adjusted operating profit at SEK 25 million versus SEK 140 million a year earlier.
Husqvarna stock trades at EUR 3.08 at 1:45 p.m. CEST at Lang & Schwarz on October 20, 2026.

Aquarellmalerei einer schwedischen Industriestadt am See mit Wäldern — Husqvarna AB (SE0001662230) präsentiert Aquarell-Landschaft mit schwedischer Industriestadt am See vor grünen bewaldeten Hügeln, Illustration mit AI erstellt.

Husqvarna (ISIN SE0001662230) is heading into its third-quarter report after DNB Carnegie cut its target from SEK 41.00 to SEK 36.00 on October 9, 2026. The analyst house kept its Hold rating, citing weaker demand, unfavorable weather and higher costs, according to MarketScreener.

Target cut meets a weak forecast

The valuation debate is now tied to the upcoming report. MarketScreener reported on October 19, 2026, that FactSet's consensus from seven analysts expects adjusted operating profit of SEK 25 million for the third quarter, compared with SEK 140 million in the year-earlier period. Forecast sales stand at SEK 9.11 billion versus SEK 9.20 billion a year earlier.

Husqvarna's latest reported quarter provides a stronger operating base than the forecast suggests. For the second quarter of 2026, revenue was SEK 14.38 billion and operating income was SEK 2.01 billion, while net income reached SEK 1.03 billion. The figures are reported in the company's investor-relations materials, which also show fiscal-year 2025 net sales of SEK 46.6 billion and an operating margin excluding items affecting comparability of 6.20 percent: Husqvarna Group.

Three dates frame the stock

On October 9, 2026, DNB Carnegie cut the target from SEK 41.00 to SEK 36.00 and maintained Hold. On October 19, 2026, Husqvarna traded ex-dividend for a SEK 0.75 interim distribution, according to MFN. On October 21, 2026, the company is scheduled to publish its third-quarter report.

What does the report need to deliver?

The key test is whether Husqvarna can keep adjusted operating profit above the SEK 25 million consensus forecast. The company is scheduled to release the report at 7:00 a.m. CEST on October 21, 2026, followed by a webcast and conference call at 9:00 a.m. CEST, according to MFN. That timing leaves the target cut and the weak profit forecast as the main reference points for the market.

Stock price before the report

Husqvarna is listed on Nasdaq Stockholm and operates in outdoor power products, watering products and construction equipment. Its shares have a 52-week range of SEK 33.64 to SEK 51.66, while market capitalization is SEK 19.6 billion as of October 20, 2026.

Husqvarna stock was trading at EUR 3.08 at Lang & Schwarz on October 20, 2026 at 1:45 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Husqvarna stock.