Aker BP stock trades at NOK 350.90 after target cuts

Published on 09/28/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aker BP stock carries Q2 FY26 EPS of USD 0.82 versus USD 0.88 expected. Revenue reached USD 3.68 billion, and market value stood at NOK 221.7 billion on September 28, 2026.

Aker BP, NO0010345853, Illustration mit AI erstellt.

Aker BP (NO0010345853) was trading at NOK 350.90 on Oslo Bors on September 28, 2026, up 0.66 percent at 9:37 a.m. CEST. The latest analyst reset cut a published target to NOK 315 from NOK 325 on September 22, 2026, according to Affärsvärlden.

Q2 revenue reached USD 3.68 billion

Q2 FY26 revenue reached USD 3.68 billion, while earnings were USD 521.0 million, according to Yahoo Finance. The same quarter produced EPS of USD 0.82 against an estimate of USD 0.88, a USD 0.06 shortfall that gives the recent target reductions a clear earnings backdrop.

The latest reported quarter still showed a substantial sequential revenue increase from USD 2.51 billion in Q1 FY26 to USD 3.60 billion in Q2 FY26 in the standardized financial data. Operating income also rose from USD 2.10 billion to USD 2.69 billion, although net income declined from USD 755.4 million to USD 521.0 million.

Analyst targets sit below the share price

ABG Sundal Collier cut its recommendation to Sell from Hold and reduced the target to NOK 315 from NOK 325 on September 22, 2026, as reported by Affärsvärlden. The new target sits 10.25 percent below the September 28 intraday price, keeping valuation pressure visible even as the stock trades higher in the morning session.

SEB also cut Aker BP to Sell with a NOK 330 target on September 3, 2026, according to MarketScreener. That target is 5.96 percent below the current price, while the two broker actions point to a consistent gap between market value and published targets.

Stock remains 6.40 percent below its high

Aker BP had a NOK 221.7 billion market capitalization on September 28, 2026. Its intraday price of NOK 350.90 stood 6.40 percent below the 52-week high of NOK 374.90 and 45.84 percent above the low of NOK 240.60, placing the stock in the upper half of its yearly range.

Price holds above NOK 350

Aker BP stock was last at NOK 350.90 on Oslo Bors on September 28, 2026 at 9:37 a.m. CEST, with a daily change of 0.66 percent. For investors, the key tension is visible in the numbers: Q2 revenue expanded to USD 3.68 billion, but EPS of USD 0.82 missed the USD 0.88 estimate while broker targets remain below the share price.