Handelsbanken cuts Electrolux target to SEK 29 for Electrolux stock

Published on 10/18/2026 at 13:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 6.90 percent to SEK 31.57 billion year over year. Electrolux stock stood at EUR 2.45 on October 16, 2026 after EUR 2.43.

Target cut and report date

Handelsbanken cut its Electrolux target from SEK 32.00 to SEK 29.00 on October 15, 2026.
Second-quarter 2026 revenue rose 6.90 percent to SEK 31.57 billion, while operating income was negative SEK 1.01 billion.
Electrolux stock stood at EUR 2.45 on Tradegate on October 16, 2026 at 8:27 p.m. CEST.
Electrolux will publish third-quarter results on October 23, 2026, followed by its year-end report on January 29, 2027.

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Electrolux (ISIN SE0016589188) faces a lower analyst target after Handelsbanken cut its view from SEK 32.00 to SEK 29.00 on October 15, 2026, according to Placera. The bank kept its Hold view, leaving the target 5.07 percent above Electrolux's last quoted Nasdaq Stockholm price of SEK 27.60 on October 16, 2026.

Weak earnings set the backdrop

The target cut comes before the next quarterly report. In the second quarter of 2026, revenue rose 6.90 percent year over year to SEK 31.57 billion, but operating income was negative SEK 1.01 billion and the operating margin was negative 3.20 percent, according to Affarsvarlden. The figures show why the upcoming report matters more than the modest revenue increase: profitability remains the central test for the investment case.

What does the target cut mean?

The move from SEK 32.00 to SEK 29.00 represents a 9.38 percent reduction in Handelsbanken's target. It also leaves the target 5.07 percent above the SEK 27.60 Nasdaq Stockholm quote, while the second-quarter operating loss shows the execution risk behind the cautious stance.

Three dates shape the next phase

Electrolux invited investors to its third-quarter report on October 8, 2026, scheduled the results for October 23, 2026, and said the report would be followed by a presentation, according to Electrolux Group. On October 15, 2026, Handelsbanken lowered its target to SEK 29.00 from SEK 32.00. On October 16, 2026, Electrolux marked the Food Foundation's 10th anniversary, according to Finanznachrichten.

Upcoming reporting dates

The next two scheduled dates are October 23, 2026, for the January to September interim report, and January 29, 2027, for the year-end report. Both dates are listed in Electrolux Group's investor-relations calendar.

Euro quote remains dated

A substitute euro price from Tradegate stood at EUR 2.45 on October 16, 2026 at 8:27 p.m. CEST. The next report will provide the first fresh operating test after the target reduction. The further course of trading is shown by the continuously updated real-time quote of Electrolux stock.