Atlas Copco stock falls 1.88 percent as target rises to SEK 236

Atlas Copco stock (ISIN SE0017486889) stood at SEK 203.20 on Nasdaq Stockholm on September 24, 2026, down 1.88 percent from the prior close of SEK 207.10. The move leaves the share 4.29 percent below its 52-week high of SEK 212.30. Goldman Sachs raised its price target from SEK 229 to SEK 236 on September 22, 2026, while reiterating a Buy rating.

Goldman raises target to SEK 236

According to MarketScreener, Goldman Sachs made the change on September 22, 2026, lifting the target by SEK 7. The revised target is 16.14 percent above the September 24 price, giving the analyst view a clear numerical contrast with the market quotation.

The broader analyst picture also carries a wide spread. The average target shown in the same MarketScreener overview was SEK 219.33, while individual targets ranged from SEK 160 to SEK 256, a span of SEK 96.

Q2 orders grew 26 percent

Atlas Copco's Q2 2026 operating picture was led by orders rather than price action. As Yahoo Finance reports from the July 16, 2026 earnings call, organic orders increased 26 percent year over year, while organic revenue rose 8 percent.

Adjusted profit increased 12 percent in absolute terms, and the operating margin was 20.6 percent in Q2 2026. Vacuum Technique was the standout business area, with organic order growth of 59 percent, while management described semiconductor and general industrial activity as elevated for the next quarter.

Stock remains below its yearly high

The market capitalization was SEK 990,138,957,285 on September 24, 2026, and the 52-week range was SEK 149.45 to SEK 212.30. The next earnings date is October 22, 2026, so the Q3 report will provide the next scheduled test of order momentum and margin resilience.

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