Handelsbanken raises SSAB target to SEK 125: SSAB stock falls 2.15 percent

Published on 10/20/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SSAB stock costs EUR 9.09 on October 20, 2026, 2.15 percent below the Xetra close. Q3 results are due October 28, 2026.

Analyst view and reporting schedule

Handelsbanken set a SEK 125 target on October 19, 2026, up from SEK 120.
Second-quarter revenue reached SEK 27.49 billion versus SEK 25.63 billion a year earlier.
SSAB stock trades at EUR 9.09 at 1:42 p.m. CEST at Lang & Schwarz on October 20, 2026, 2.15 percent below the Xetra close of October 19, 2026.
SSAB will publish its third-quarter report on October 28, 2026.

Editorial-Aufnahme eines Börsenhandelssaals mit Kursdiagrammen zu Forst- und Papieraktien — Börsen-Editorialbild zeigt Holmen AB (SE0000171100), Handelssaal der Stockholmer Börse mit sektorspezifischen Kursdiagrammen und Charts, Illustration mit AI erstellt.

SSAB stock (ISIN SE0000171100) was trading at EUR 9.09 at Lang & Schwarz at 1:42 p.m. CEST on October 20, 2026, down 2.15 percent versus the Xetra close of October 19, 2026 at EUR 9.29. On October 19, 2026, Handelsbanken raised its target for SSAB from SEK 120 to SEK 125 and reiterated its Buy rating, as MarketScreener reported.

Target rises before the report

Handelsbanken expects SSAB to post third-quarter EBITDA of SEK 3.5 billion, which would represent a 20 percent increase from the prior year. The analysis also points to lower deliveries from planned maintenance shutdowns, while higher steel prices and stronger European deliveries could provide support.

The target move adds to a broader run of upward revisions. MarketScreener listed Danske Bank at SEK 145 from SEK 135 on October 15, 2026, and JPMorgan at SEK 98 from SEK 91 on the same date.

What does the report need to show?

SSAB's second-quarter figures provide the latest operating benchmark. According to the company's investor materials, revenue was SEK 27.489 billion in the second quarter of 2026, compared with SEK 25.631 billion a year earlier, while operating result rose to SEK 2.695 billion from SEK 2.140 billion. The figures were published on the company's investor relations page.

Three dates explain the setup

On July 22, 2026, SSAB published second-quarter revenue of SEK 27.489 billion and operating result of SEK 2.695 billion. On October 14, 2026, SSAB invited investors to its third-quarter briefing and scheduled the report for October 28, 2026. On October 19, 2026, Handelsbanken lifted its target from SEK 120 to SEK 125, according to MarketScreener.

Dates ahead for SSAB

SSAB will publish its third-quarter report on October 28, 2026, at approximately 7:30 a.m. CET, followed by the briefing at 9:30 a.m. CET. The next scheduled annual report date is January 28, 2027.

Stock reflects a high-stakes test

The October 28 report will test whether SSAB can offset planned maintenance-related delivery pressure with pricing and demand. The current euro quote remains 2.15 percent below the Xetra close of October 19, 2026.

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