Handelsbanken keeps SEK 650 target for Alfa Laval stock

Published on 10/22/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alfa Laval stock costs EUR 49.44 on October 22, 2026. Q2 revenue reached SEK 18.12 billion, up 13.8 percent year over year.

Analyst view and key dates

Handelsbanken maintained a SEK 650.00 target on October 20, 2026.
Second-quarter revenue reached SEK 18.12 billion, up 13.8 percent year over year.
Alfa Laval stock traded at EUR 49.44 at 10:01 a.m. CEST at Lang & Schwarz on October 22, 2026.

Pop-Art-Comic-Illustration eines Technikers an einer bunten Zentrifugalseparator-Maschine — Alfa Laval AB (ISIN SE0000695876) inspiriert diese farbenfrohe Pop-Art-Comic-Szene mit einer großen Separator-Maschine, Illustration mit AI erstellt.

Alfa Laval stock (ISIN SE0000695876) was trading at EUR 49.44 at Lang & Schwarz on October 22, 2026 at 10:01 a.m. CEST. MarketScreener reported on October 20, 2026 that Handelsbanken maintained its Buy rating and SEK 650.00 price target.

What does the target signal?

Handelsbanken's target points to continued confidence in Alfa Laval's demand profile, especially in Energy. Its report also said adjusted earnings could increase by nearly 20 percent in 2027 and that adjusted EBITA forecasts for 2027 and 2028 rose 3 percent because of favorable currency effects.

Three analyst moves since October

The recent sequence shows a wide range of views. MarketScreener reported that BNP Paribas lifted its target from SEK 535.00 to SEK 580.00 on October 13, 2026. MarketScreener said Nordea cut its rating to Hold from Buy on October 15, 2026 while keeping its target at SEK 610.00. Handelsbanken's October 20, 2026 update put its target at SEK 650.00.

What is the earnings setup?

Alfa Laval's second-quarter revenue reached SEK 18.117 billion, compared with SEK 16.819 billion a year earlier, a 13.8 percent increase, according to Affarsvarlden. The same period produced operating profit of SEK 2.895 billion, versus SEK 2.881 billion in the second quarter of 2025. A Q2 earnings transcript also put first-half order intake at SEK 39.8 billion, up 16.4 percent, with data centers and fuel-related markets among the faster-growing areas, according to Yahoo Finance.

Dates that shape the next update

Alfa Laval's investor-relations page lists the third-quarter report for October 27, 2026 and the Capital Markets Day for November 18, 2026. The upcoming report will test whether the demand described in the second-quarter figures has held through the third quarter.

Stock quote and investor context

Alfa Laval designs industrial equipment for heat transfer, separation and fluid management across Energy, Food and Water, and Marine. The company is listed on Nasdaq Stockholm under ticker ALFA and belongs to the industrial machinery sector.

Alfa Laval was trading at EUR 49.44 at Lang & Schwarz on October 22, 2026 at 10:01 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Alfa Laval stock.