JP Morgan raises target for Stora Enso stock to EUR 11.70

Published on 10/20/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 adjusted EBIT rose 27.00 percent to EUR 160.00 million. Stora Enso stock costs EUR 9.89 on October 20, 2026 against a EUR 12.26 52-week high.

Analyst target and results date

JP Morgan raised its Stora Enso target to EUR 11.70 on October 16, 2026.
Second-quarter adjusted EBIT rose 27.00 percent to EUR 160.00 million.
Stora Enso stock traded at EUR 9.89 at 1:10 p.m. CEST at Lang & Schwarz on October 20, 2026.
Stora Enso will publish third-quarter results on October 30, 2026.

Stora Enso, FI0009005961, Illustration mit AI erstellt.

Stora Enso (FI0009005961) stock is facing a higher JP Morgan valuation after the bank raised its price target from EUR 11.00 to EUR 11.70 on October 16, 2026, while retaining a neutral rating, as MarketScreener reported. At Lang & Schwarz, the stock was trading at EUR 9.89 on October 20, 2026 at 1:10 p.m. CEST, versus a 52-week high of EUR 12.26.

The target moves higher

JP Morgan's move adds to a series of recent target changes ahead of Stora Enso's third-quarter report. The bank's EUR 11.70 target is 18.30 percent above the Lang & Schwarz price of EUR 9.89, using the two values in the same currency.

On October 15, 2026, Nordea reiterated its Buy rating and set a EUR 12.30 target, citing potential support from packaging-board prices, recovered packaging volumes and efficiency measures, according to MarketScreener. The consumer-board market remains a counter-factor in that assessment.

Three dated signals

On July 23, 2026, Stora Enso reported second-quarter sales of EUR 2.40 billion and adjusted EBIT of EUR 160.00 million, up 27.00 percent year over year, according to the Yahoo Finance transcript. On October 2, 2026, DNB Carnegie raised its target from EUR 11.30 to EUR 12.40 and reiterated Buy, as reported by MarketScreener. On October 16, 2026, JP Morgan then lifted its target to EUR 11.70.

What does EUR 11.70 imply?

The target revisions point to a valuation debate centered on operational improvement rather than a simple demand rebound. In the second quarter, adjusted EBIT improved to EUR 160.00 million, but sales remained stable at EUR 2.40 billion. Management said the Oulu ramp-up and cost actions supported profitability while lower prices and currency effects constrained sales, according to the Q2 transcript.

Next reporting date

Stora Enso will publish its third-quarter results for January through September 2026 on October 30, 2026, at approximately 7:30 a.m. CEST. The company will hold its results webcast at 10:00 a.m. CEST the same day, according to the Stora Enso release.

Stock stays below its yearly high

Stora Enso stock was trading at EUR 9.89 at Lang & Schwarz on October 20, 2026 at 1:10 p.m. CEST. The quote is EUR 2.37 below the 52-week high of EUR 12.26, while the 52-week low is EUR 8.60. The further course of trading is shown by the continuously updated real-time quote of Stora Enso stock.