Goldman Sachs sets NOK 700 target for SalMar stock

Published on 10/18/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SalMar reported 105,100 tonnes in the third quarter on October 6, 2026. SalMar stock's report is due November 3, 2026.

Operational signals before results

SalMar's third-quarter harvest reached 105,100 tonnes on October 6, 2026.
Goldman Sachs assigned a NOK 700.00 target on October 6, 2026.
SalMar's market capitalization stood at NOK 74.1 billion as of October 16, 2026.

Schwarzweiß-Dokumentarfoto von Fischern die Netze auf einer Fischfarm ziehen — Schwarzweiß-Reportagefoto von Fischern bei der Netzarbeit steht für SalMar ASA, ISIN NO0010310956, norwegischer Lachszucht-Konzern, Illustration mit AI erstellt.

Goldman Sachs named SalMar (ISIN NO0010310956) its preferred salmon producer and assigned a Buy rating with a NOK 700.00 price target on October 6, 2026, according to Yahoo Finance. The call followed SalMar's third-quarter harvest update and put production growth, capacity use and earnings recovery at the center of the stock story.

Harvest volumes set the near-term test

SalMar reported 105,100 tonnes of gutted-weight harvest in the third quarter. Central Norway contributed 51,400 tonnes, Northern Norway 48,500 tonnes and Icelandic Salmon 5,200 tonnes, according to the company's GlobeNewswire release dated October 6, 2026. The same release said harvesting linked to infectious salmon anemia and fish welfare considerations affected cost development in Central Norway toward the end of the quarter.

What does the harvest mean for margins?

The 105,100-tonne total gives investors a measurable operating base before the full financial report. Goldman Sachs expects SalMar's volumes to grow at a 7.00 percent compound annual rate from 2026 through 2029 and forecast earnings-per-share growth of 41.00 percent over the same period, as Yahoo Finance reported on October 6, 2026. Those estimates make cost control and biological performance important checks on the bullish valuation case.

Three dated operating steps

On September 11, 2026, SalMar extended NOK 250 million of commercial paper, as listed in the company release carried by GlobeNewswire. On September 25, 2026, board member Martin Bech Holte acquired 2,000 shares at NOK 565.00, according to GlobeNewswire. The October 6 harvest update then supplied the latest operating figure at 105,100 tonnes.

Next reporting date

SalMar's next scheduled event is the third-quarter report on November 3, 2026, at 6:30 a.m. CET, followed by a Norwegian webcast at 8:00 a.m. CET and an English recording at 10:00 a.m. CET, according to GlobeNewswire.

Market value before the report

SalMar's market capitalization was NOK 74.1 billion as of October 16, 2026. Its 52-week share range was NOK 448.00 to NOK 627.00 on the same date, leaving the upcoming report as the next scheduled test of the production and margin assumptions behind the NOK 700.00 target.

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