Valmet wins China board line: DNB Carnegie sets EUR 38 target for Valmet stock

Published on 10/20/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DNB Carnegie set EUR 38.00 on October 7, 2026. Valmet stock costs EUR 26.94 on October 20, 2026, 0.88 percent below EUR 27.18.

Orders and targets shape valuation

Valmet's October 12, 2026 order includes a board line scheduled to start in 2028.
DNB Carnegie listed a EUR 38.00 target on October 7, 2026.
Valmet stock trades at EUR 26.94 at 12:59 p.m. CEST at Lang & Schwarz on October 20, 2026, 0.88 percent below the Xetra close of October 19, 2026.
Valmet's market capitalization was EUR 5.0 billion as of October 20, 2026.

Flatlay Aktienzertifikat ISIN FI4000074984, Valmet Oyj Nasdaq Helsinki OMX — Flatlay mit Aktienzertifikat und ISIN-Karte FI4000074984 symbolisiert Valmet Oyj, notiert an der Nasdaq Helsinki Börse, Illustration mit AI erstellt.

Valmet (ISIN FI4000074984) won a new board-making line order in China, while the stock traded at EUR 26.94 at Lang & Schwarz on October 20, 2026 at 12:59 p.m. CEST, 0.88 percent below the Xetra close of October 19, 2026 at EUR 27.18. Valmet said on October 12, 2026 that Anhui Linping Circular Development had selected it to deliver a complete board-making line with automation and lifecycle support.

China order enters third-quarter intake

The PM 9 line is designed for lightweight fluting and liner grades, and its start-up is scheduled for 2028. The order is included in Valmet's orders received for the third quarter of 2026, while its value was not disclosed, according to Valmet.

The latest order follows a September 23, 2026 Asian coated-board line order whose start-up is also scheduled for 2028, as reported in PR Newswire. The sequence points to continued activity in Valmet's board-making business, but the undisclosed order values limit direct earnings comparison.

What does the target imply for valuation?

TargetWatch lists DNB Carnegie's October 7, 2026 target at EUR 38.00, compared with the EUR 27.32 share price shown for October 16, 2026. The target is 40.75 percent above the current Lang & Schwarz price of EUR 26.94, using the same euro basis.

Chronology reinforces the operating theme. On September 23, 2026, Valmet announced an Asian coated-board line with a 2028 start-up; on October 6, 2026, it completed Finnish restructuring negotiations affecting about 120 roles; on October 12, 2026, it announced the Anhui Linping PM 9 line, also scheduled for 2028. The October 6 announcement also placed global employment at 18,500, including 5,600 employees in Finland, according to Valmet.

October 28 brings the next report

The next scheduled dates are October 28, 2026 for Valmet's January-September interim review at 9:00 a.m. EET and the results webcast at 9:30 a.m. EET, according to Valmet. Its investor page identifies 2025 net sales of EUR 5.2 billion and a comparable EBITA margin of 11.9 percent, providing the latest full-year benchmark before the interim report.

Stock remains below the target

Valmet's market capitalization was EUR 5.0 billion as of October 20, 2026, with a 52-week range of EUR 20.74 to EUR 30.37. The current quote therefore sits below both the recent high and DNB Carnegie's target, while the October 12 order adds a dated operating datapoint ahead of the report.

Valmet stock was trading at EUR 26.94 at Lang & Schwarz on October 20, 2026 at 12:59 p.m. CEST, 0.88 percent below the Xetra close of October 19, 2026 at EUR 27.18. The further course of trading is shown by the continuously updated real-time quote of Valmet stock.