DNB Carnegie raises target for Trelleborg stock to SEK 450

Published on 10/20/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trelleborg will report third-quarter results on October 23, 2026 after Q2 revenue reached SEK 9.16 billion. Trelleborg stock costs EUR 41.18.

Target revisions before results

DNB Carnegie lifted its Trelleborg target from SEK 410 to SEK 450 on October 13, 2026.
Second-quarter revenue reached SEK 9.16 billion with a 16.90 percent operating margin.
Trelleborg stock trades at EUR 41.18 at 1:37 p.m. CEST at Lang & Schwarz on October 20, 2026.
Trelleborg will publish third-quarter results on October 23, 2026.

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Trelleborg (ISIN SE0000114837) had its target raised by DNB Carnegie from SEK 410 to SEK 450 on October 13, 2026, while the house kept a Hold rating, according to MarketScreener. Trelleborg stock was trading at EUR 41.18 at Lang & Schwarz on October 20, 2026 at 1:37 p.m. CEST.

Margins set the earnings benchmark

Trelleborg's second-quarter revenue reached SEK 9.16 billion, up 6.40 percent from SEK 8.61 billion in the first quarter of 2026. Operating profit rose to SEK 1.55 billion from SEK 1.41 billion, lifting the operating margin to 16.90 percent from 16.30 percent, according to Affarsvarlden. The comparison matters because the company described third-quarter demand as solid but below second-quarter levels in its investor materials.

What changed in target revisions?

Nordea raised its target from SEK 475 to SEK 520 on October 2, 2026, Citi lifted its target from SEK 415 to SEK 440 on October 9, 2026, and DNB Carnegie moved from SEK 410 to SEK 450 on October 13, 2026. The three changes were reported by MarketScreener and Affarsvarlden.

Three dates frame the next move

On October 2, 2026, Nordea set a SEK 520 target after previously using SEK 475. On October 9, 2026, Citi set SEK 440 after SEK 415. On October 13, 2026, DNB Carnegie set SEK 450 after SEK 410. Trelleborg's next reporting date is October 23, 2026, according to MarketScreener.

Stock awaits the third-quarter report

The upcoming report will test whether Trelleborg can defend the 16.90 percent second-quarter margin while demand moderates from the prior period. The company operates in engineered polymer solutions, including sealing, fluid handling and medical applications.

Trelleborg stock was trading at EUR 41.18 at Lang & Schwarz on October 20, 2026 at 1:37 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Trelleborg stock.