Husqvarna stock gets a lower SEK 35 target

Husqvarna stock (ISIN SE0001662230) traded at SEK 34.63 on Nasdaq Stockholm on September 23, 2026 at 4:23 p.m. CEST, down 0.20 percent on the session. The immediate pressure point is the lower analyst view from SB1 Markets, which cut its target from SEK 40 to SEK 35 and retained a neutral rating on September 22, 2026.

Target cut follows weaker demand

According to MarketScreener on September 22, 2026, SB1 Markets expects a weak third quarter and reduced its 2026 to 2028 earnings per share forecasts by 7 percent to 12 percent. The cited pressure came from a warm, dry summer that weighed on demand for lawn mowing products.

The target move matters because SEK 35 is only SEK 0.37 above the September 23 share price. That leaves the analyst reference level close to the market price while the neutral rating signals a more cautious balance between valuation and operating risk.

Q2 revenue reached SEK 14.383 billion

Husqvarna reported Q2 2026 revenue of SEK 14.383 billion, compared with SEK 13.962 billion in Q1 2026, a sequential increase of 3.0 percent. The figures are listed in the Q2 2026 table published by Affarsvärlden. For investors, the combination of sequential revenue growth and lower earnings forecasts points to margin and demand execution as the key near-term variables.

Stock stays near its yearly low

Husqvarna B stock stood at SEK 34.63 on September 23, 2026, against a 52-week range of SEK 34.19 to SEK 52.74. The share was therefore SEK 0.44 above the yearly low, while the market capitalization was SEK 19,799,641,019 on the same date.

The company lists Husqvarna A and Husqvarna B on Nasdaq Stockholm, with the B share carrying ISIN SE0001662230, according to the Husqvarna Group trading information page.

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