Sandvik stock at EUR 32.22 with SEK 453.5 billion market cap

Published on 10/09/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sandvik posted 24.00 percent revenue growth in the second quarter. Sandvik stock costs EUR 32.22 on October 9, 2026 after EUR 31.17, plus 3.37 percent.

Key points in brief

Sandvik stock was trading at EUR 32.22 at Lang & Schwarz on October 9, 2026, plus 3.37 percent versus EUR 31.17.
Sandvik's second-quarter revenue growth was 24.00 percent at fixed exchange rates, with an adjusted EBITA margin of 22.60 percent.
Sandvik's SEK 453.5 billion market capitalization compares with SEK 316.7 billion for Epiroc and SEK 1.0 trillion for Atlas Copco.
Nordea raised its Sandvik target from SEK 335 to SEK 345 while maintaining a Sell rating on October 8, 2026.

CNC-Zerspanung mit Metallspänen, Sandvik AB SE0000667891 — Sandvik AB (SE0000667891) fertigt hochpräzise Werkzeuge für die industrielle Metallzerspanung in modernen Fabrikhallen weltweit, Illustration mit AI erstellt.

Sandvik (ISIN SE0000667891) was trading at EUR 32.22 at Lang & Schwarz on October 9, 2026 at 4:45 p.m. CEST, plus 3.37 percent versus the prior close of EUR 31.17. Its market capitalization was SEK 453.5 billion, giving the stock a clear valuation reference for the session.

Price and range position

The euro quote came with a bid of EUR 32.21 and an ask of EUR 32.22 at Lang & Schwarz on October 9, 2026. On Nasdaq Stockholm, Sandvik last traded at SEK 361.50 at 4:53 p.m. CEST, while the 52-week range stood at SEK 262.70 to SEK 413.10.

The Swedish share price was 12.49 percent below its 52-week high, calculated from SEK 361.50 and SEK 413.10. Sandvik trades under SAND.ST on Nasdaq Stockholm and is identified with ISIN SE0000667891 by Global Banking and Finance Review.

Second-quarter operating figures

Sandvik reported 24.00 percent revenue growth in the second quarter of 2026 at fixed exchange rates and an adjusted EBITA margin of 22.60 percent. The company also reported financial net debt at 1.00 times EBITDA for the quarter, according to Sandvik.

Those figures give the market report a fundamental counterweight to the daily price move: revenue growth was paired with a margin figure, while leverage remained at 1.00 times EBITDA. The next quantified test is the third-quarter report scheduled for October 22, 2026.

Comparison with peers

Sandvik: plus 3.37 percent, P/E 26.89, market capitalization SEK 453.5 billion
Epiroc (Nasdaq Stockholm, SEK): plus 2.38 percent, P/E 36.29, market capitalization SEK 316.7 billion
Atlas Copco (Nasdaq Stockholm, SEK): plus 2.14 percent, P/E 38.41, market capitalization SEK 1.0 trillion

Targets and next date

Nordea raised its target for Sandvik from SEK 335 to SEK 345 and maintained a Sell rating on October 8, 2026, according to BorsKollen. The report said Nordea increased its adjusted operating-profit forecasts for 2026 through 2028 by an average of 4.00 percent and viewed the earnings improvement as cyclical.

Sandvik will publish its third-quarter results on October 22, 2026, at approximately 8:00 a.m. CEST, followed by a webcast and conference call at 10:00 a.m. CEST, the company said in its October 5, 2026 release.