Aker BP stock falls 3.08 percent after target cut

Aker BP stock (ISIN NO0010345853) was trading at NOK 349.30 on Oslo Bors on September 25, 2026, down 3.08 percent from the prior close. On September 22, 2026, ABG Sundal Collier cut its rating from Hold to Sell and reduced its price target from NOK 325 to NOK 315, as reported by Affarsvärlden.

Target cut sets the tone

The downgrade leaves the new target NOK 34.30 below the September 25 intraday price, a gap of 9.82 percent. That contrast matters because the stock remains above the target even as the daily quotation fell below the NOK 350 mark.

Affarsvärlden lists Q2 2026 revenue at SEK 35,609 million, up 27.8 percent from SEK 27,870 million in Q1 2026. Q2 2026 operating profit stood at SEK 21,829 million, compared with SEK 24,695 million in the prior quarter.

Q2 growth meets project delivery

The operating picture is tied to a large Norwegian Continental Shelf portfolio, while the latest exploration result adds a separate operating data point. MarketScreener reported on September 16, 2026, that Aker BP operates a North Sea prospect 25 kilometers north of the Duva field and holds a 40 percent stake.

The preliminary recoverable resource estimate spans 1 million to 15 million barrels of oil equivalent, and the license partners are assessing its economic potential. For investors, the combination of higher quarterly revenue and a lower analyst target puts execution and valuation in the same frame.

Stock trades below the yearly high

Aker BP's September 25 intraday range was NOK 348.80 to NOK 354.60, while the 52-week range was NOK 240.60 to NOK 374.90. The market capitalization was NOK 220,666,178,410 and trading volume reached 185,569 shares on the same date.

More news and analyses on Aker BP stock