Barclays sets NOK 140 target for Tomra stock
Published on 10/06/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tomra Systems ASA (ISIN NO0012470089) was trading at EUR 8.75 at Lang & Schwarz on October 6, 2026 at 11:17 a.m. CEST, up 2.10 percent from the EUR 8.57 prior close. On October 2, 2026, Barclays analyst Pallav Mittal maintained a Buy rating and set a NOK 140.00 price target, according to Markets Insider.
Second-quarter growth came from Collection
Tomra reported total revenue of EUR 405.00 million in the second quarter of 2026, up 25.00 percent from the same quarter a year earlier. EBITDA reached EUR 57.00 million, an increase of 30.00 percent, according to the Q2 earnings call transcript carried by Yahoo Finance on July 17, 2026.
The Collection division supplied most of the growth. Its revenue reached EUR 246.00 million, up 45.00 percent year over year, while the company said record installations in Poland were a key contributor, according to Yahoo Finance.
Margins remain the key counterweight
The growth mix also carried a cost. Group gross margin fell to 41.30 percent in the second quarter from 44.30 percent a year earlier, while Recycling revenue declined 11.00 percent to EUR 51.00 million. Recycling order intake nevertheless rose 40.00 percent to EUR 58.00 million, giving the quarter a clear split between strong deposit-system demand and slower recycling activity.
Management expects second-half 2026 revenue of EUR 400.00 million to EUR 440.00 million in Collection, with gross margin above 40.00 percent. The same presentation put the next quarterly results on October 23, 2026, a date also listed on Tomra's investor-relations page.
Tomra stock remains below its yearly high
Tomra is listed on the Oslo Stock Exchange under ticker TOM, as stated on the company's investor-relations page. The Oslo quote stood at NOK 94.15 on October 6, 2026 at 11:08 a.m. CEST, against a 52-week range of NOK 89.80 to NOK 150.50. The Lang & Schwarz price therefore remains 2.10 percent above its prior close, while the latest operating figures show that Collection growth is offsetting weaker Recycling demand.
The further course of trading is shown by the continuously updated real-time quote of Tomra stock.
Tomra stock facts
- Company: Tomra Systems ASA
- ISIN: NO0012470089
- Ticker: TOM
- Primary exchange: Oslo Stock Exchange
- Price Lang & Schwarz (as of October 6, 2026, 11:17 a.m. CEST): EUR 8.75
- Change versus prior close: plus 2.10 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 8.57
- Market capitalization: NOK 27.8 billion (as of October 6, 2026)
- 52-week range: NOK 89.80-NOK 150.50 (as of October 6, 2026)
- Sector / Industry: Industrials / Waste Management
- Next earnings date: October 23, 2026
