Pareto cuts Orkla target from NOK 105 to 100 for Orkla stock

Published on 10/15/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pareto Securities cut its Orkla target from NOK 105 to NOK 100 on October 15, 2026. Orkla stock costs EUR 8.88; buyback reached 6,665,000 shares.

Buyback and earnings timetable

Pareto Securities lowered its Orkla target from NOK 105 to NOK 100 on October 15, 2026.
Orkla repurchased 6,665,000 shares by October 13, 2026.
Orkla stock traded at EUR 8.88 at 12:39 p.m. CEST at Lang & Schwarz on October 15, 2026.

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Orkla (NO0003733800) is trading at EUR 8.88 at Lang & Schwarz on October 15, 2026 at 12:39 p.m. CEST. MarketScreener reported on October 15, 2026 that Pareto Securities cut its target for Orkla from NOK 105 to NOK 100 while maintaining a Hold rating.

Buyback reaches 6,665,000 shares

Orkla's capital-return program remains the main company-specific counterweight to the lower analyst target. The latest update covered purchases from October 7 through October 13, 2026, when Orkla bought 2,173,000 shares for NOK 201.8 million, according to Investegate.

On September 21, 2026, Orkla announced a buyback program of up to 80,000,000 shares and NOK 4.0 billion. By October 13, 2026, cumulative purchases had reached 6,665,000 shares, and the company held 30,292,931 treasury shares, equal to 3.07 percent of share capital, Investegate reported.

What does the buyback mean for capital?

The scale is material against Orkla's historical operating base. On its investor-relations page, Orkla reports fiscal-year 2025 revenue of NOK 71.5 billion, adjusted EBIT of NOK 7.6 billion and adjusted earnings per share of NOK 6.83, Orkla states.

Next reporting dates are set

Orkla's next scheduled reporting date is November 6, 2026, for the third-quarter report, according to MFN. The calendar also lists February 10, 2027, for the fourth-quarter report, according to Placera.

Orkla stock holds a dated market level

For investors, the immediate contrast is clear: the analyst target moved lower while the buyback continued at a reported average price of NOK 92.8690 for the October 7 to October 13 period. The next earnings release on November 6, 2026 will provide the next scheduled operating checkpoint.

Orkla was trading at EUR 8.88 at Lang & Schwarz on October 15, 2026 at 12:39 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Orkla stock.