Goldman Sachs raised Castellum stock target from SEK 135.00 to SEK 137.00

Published on 10/20/2026 at 19:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SEK 2.42 billion, up 4.30 percent year over year. Castellum stock costs EUR 11.29 on October 20, 2026 at 7:05 p.m. CEST.

Target and reporting date

Goldman Sachs raised Castellum's target from SEK 135.00 to SEK 137.00 on October 12, 2026.
Second-quarter revenue reached SEK 2.42 billion, up 4.30 percent year over year.
Castellum stock costs EUR 11.29 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST.
Castellum is scheduled to publish third-quarter results on October 22, 2026.

Aquarellmalerei einer nordischen Stadtsilhouette mit Bürotürmen am Wasser — Castellum AB (SE0021921319) ist im Immobiliensektor tätig, hier dargestellt als malerische Aquarell-Ansicht einer nordischen Hafenstadt, Illustration mit AI erstellt.

Goldman Sachs raised its target for Castellum (ISIN SE0000379190) from SEK 135.00 to SEK 137.00 and reiterated a neutral rating on October 12, 2026, according to MarketScreener. The target stands 9.34 percent above the SEK 125.30 last price on Nasdaq Stockholm dated October 20, 2026 at 5:29 p.m. CEST. Castellum stock was trading at EUR 11.29 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST.

What does the target imply?

The Goldman Sachs target puts the analyst view above Castellum's Stockholm quotation, but the distance is modest compared with the recent range. The firm kept its neutral rating, making the target level more important than a change in recommendation for investors assessing the shares.

Second-quarter revenue rose 4.30 percent

Castellum reported SEK 2.42 billion in revenue for the second quarter of 2026, up 4.30 percent from SEK 2.32 billion in the first quarter. Operating profit reached SEK 1.66 billion, while the operating margin was 68.80 percent, compared with 65.10 percent in the second quarter of 2025, according to Affarsvarlden.

Stock remains inside its yearly range

On October 20, 2026, Castellum last stood at SEK 125.30 on Nasdaq Stockholm. Its 52-week range was SEK 100.25 to SEK 137.30, leaving the stock 8.74 percent below the high and 25.02 percent above the low. Market capitalization was SEK 56.8 billion and the price-to-earnings ratio was 22.62.

October 22 brings the next report

Castellum is scheduled to publish its third-quarter 2026 report on October 22, 2026, according to MarketScreener. The date follows a period in which Pareto kept its SEK 130.00 target and said Castellum could distribute SEK 10.3 billion after property sales, including SEK 24.00 per share, while expecting SEK 8.0 billion of buybacks through the second quarter of 2027.

Castellum describes its business as developing and managing office and logistics properties across Northern Europe. Its investor-relations page identifies the shares as listed on Nasdaq Stockholm Large Cap.

Price and reporting date

The Goldman Sachs target, the second-quarter revenue increase and the October 22 reporting date give investors three measurable points for assessing Castellum's next update. The Lang & Schwarz quote supplies the euro view for German investors, while the Stockholm figures remain the relevant home-market valuation measures.

Castellum stock was trading at EUR 11.29 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Castellum stock.