DNB Carnegie cuts target for Husqvarna stock to SEK 36.00

Published on 10/15/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue was SEK 14.38 billion at an 11.10 percent margin. Husqvarna stock costs EUR 3.08 on October 15, 2026 before results.

Analyst caution before results

DNB Carnegie cut its Husqvarna target to SEK 36.00 on October 9, 2026.
Second-quarter 2026 revenue was SEK 14.38 billion at an 11.10 percent operating margin.
Husqvarna stock was trading at EUR 3.08 at 1:01 p.m. CEST at Lang & Schwarz on October 15, 2026.

Architektonisches Render einer modernen Industrieanlage mit Glasfassade und Rasenflächen — Husqvarna AB (SE0001662230) illustriert Architektur-Render einer modernen Fabrikanlage mit Glasfassade und gepflegter grüner Landschaftsgestaltung, Illustration mit AI erstellt.

Husqvarna (ISIN SE0001662230) was trading at EUR 3.08 at Lang & Schwarz on October 15, 2026 at 1:01 p.m. CEST. On October 9, 2026, DNB Carnegie cut its target for Husqvarna from SEK 41.00 to SEK 36.00 and repeated its Hold rating, according to Placera.

Target cut raises the bar

DNB Carnegie expects organic sales to decline 1.00 percent before the third-quarter report. Its forecast for adjusted EBIT is minus SEK 19.00 million, equal to a minus 0.20 percent margin, with weak demand, unfavorable weather and higher costs weighing on the outlook, Placera reported on October 9, 2026.

The target reduction followed cuts of 9.00 to 10.00 percent to DNB Carnegie's earnings forecasts for 2026 through 2028. That combination makes the upcoming report a test of whether seasonal demand and cost pressure have stabilized.

Three dated signals for the stock

On July 17, 2026, Husqvarna reported second-quarter revenue of SEK 14.38 billion, up 3.00 percent from the first quarter, while operating profit reached SEK 1.60 billion and the operating margin was 11.10 percent, according to Affarsvarlden. On September 11, 2026, the group received conditional FCC approval for advanced robotic lawn mowers made outside the United States, a product milestone listed by Affarsvarlden. The latest event is the October 9 target cut.

What dates matter next?

The next two scheduled dates are October 19, 2026, for the dividend, and October 21, 2026, for the third-quarter report. Husqvarna confirmed the report date in an October 1, 2026 release, which also scheduled the webcast for 9:00 a.m. CEST, according to Husqvarna Group. For investors, the key comparison is the 11.10 percent second-quarter margin against DNB Carnegie's forecast of a minus 0.20 percent adjusted EBIT margin for the third quarter.

Stock price before the report

Husqvarna's market capitalization was SEK 19.5 billion in the latest quoted company data. The group operates in outdoor power tools, watering systems and construction equipment, with the Forest and Garden, Gardena and Construction divisions.

Husqvarna stock was trading at EUR 3.08 at Lang & Schwarz on October 15, 2026 at 1:01 p.m. CEST. The company is listed on Nasdaq Stockholm and is due to publish its third-quarter report on October 21, 2026.

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