SB1 Markets cuts target for Wallenstam stock from SEK 41 to SEK 40

Published on 10/20/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wallenstam stock costs EUR 3.31 on October 20, 2026. On October 15, 2026, profit rose to SEK 963 million from SEK 682 million.

Analyst target and quarterly profit

SB1 Markets lowered its Wallenstam target to SEK 40.00 from SEK 41.00 on October 19, 2026.
Third-quarter 2026 profit after tax reached SEK 963 million versus SEK 682 million.
Wallenstam stock was trading at EUR 3.31 at 1:27 p.m. CEST at Lang & Schwarz on October 20, 2026.

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Wallenstam (ISIN SE0017780133) faces a lower analyst target after Placera reported on October 19, 2026, that SB1 Markets cut its Wallenstam target to SEK 40.00 from SEK 41.00 and kept a neutral view. At Lang & Schwarz, Wallenstam stock was trading at EUR 3.31 on October 20, 2026 at 1:27 p.m. CEST.

Target cut meets stronger results

The target change arrived after Wallenstam published its January through September 2026 report on October 15. Wallenstam reported rental income of SEK 2,346 million, compared with SEK 2,321 million in the same period of 2025. Profit after tax reached SEK 1,615 million versus SEK 1,240 million.

What changed in the third quarter?

The third-quarter figures improved on several operating measures. Rental income rose to SEK 788 million from SEK 759 million, while income from property management increased to SEK 381 million from SEK 344 million. Profit after tax reached SEK 963 million versus SEK 682 million, according to the October 15 report from Wallenstam.

Three milestones shape the story

On September 23, 2026, Wallenstam disclosed SEK 300 million of green bonds for energy-efficiency improvements at Sergelskrapan, as reported by FinanzNachrichten. On October 1, 2026, the company said 199 apartments at its Årstaberg project had been completed and rented out, leaving 1,078 apartments under construction, according to Cision. The October 15 report then supplied the latest earnings milestone.

Valuation remains the market question

For investors, the contrast is clear: quarterly profit improved, but SB1 Markets now uses a SEK 40.00 target instead of SEK 41.00. Wallenstam reported net asset value of SEK 65.00 per share at September 30, 2026, compared with SEK 62.10 at December 31, 2025. Finance data showed a Nasdaq Stockholm price of SEK 36.90 at 1:31 p.m. CEST on October 20, 2026, a 52-week range of SEK 34.00 to SEK 46.30, and market capitalization of SEK 20.8 billion.