UPM-Kymmene stock falls 1.31 percent as WISA spin-off nears

Published on 09/24/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UPM-Kymmene stock stood at EUR 25.58 on September 24, 2026, 8.45 percent below its 52-week high of EUR 27.94. Q2 comparable EBIT rose 71 percent to EUR 212 million.

Papierfabrik mit Dampfschloten am Fluss, umgeben von finnischem Wald, fotorealistisch — Fotorealistische Ansicht einer Zellstofffabrik am Fluss symbolisiert UPM-Kymmene Oyj, ISIN FI0009005987, im finnischen Waldgebiet, Illustration mit AI erstellt.

UPM-Kymmene stock (ISIN FI0009005987) fell 1.31 percent to EUR 25.58 on Nasdaq Helsinki on September 24, 2026, leaving the shares 8.45 percent below the 52-week high of EUR 27.94. The next structural milestone is the planned WISA demerger, with completion scheduled for October 31, 2026.

WISA creates a firm date

On September 18, 2026, the Finnish Financial Supervisory Authority approved a supplement to the demerger and listing prospectus for WISA Group Plc, according to Pulpapernews. Trading in WISA shares is expected to begin on November 2, 2026, or as soon as reasonably possible afterward.

UPM shareholders approved the partial demerger at an extraordinary general meeting on August 31, 2026. The transaction transfers the Plywood business into the new company, while UPM remains listed on Nasdaq Helsinki, as stated by PR Newswire.

Q2 margins add operating support

UPM reported EUR 2,355 million in sales from continuing operations in Q2 2026. Comparable EBIT rose 71 percent year over year to EUR 212 million, while the comparable EBITDA margin increased to 15.1 percent from 10.7 percent in Q2 2025, according to Quartr. The comparison matters because the stock is now being valued against both improved profitability and a changing portfolio structure.

Analyst expectations also show a wide range of views. MarketScreener lists Jefferies as raising its price target on September 23, 2026, to EUR 27.55 from EUR 24.10 while retaining a Hold rating. The new target stands 7.71 percent above the September 24 share price.

Stock stays below yearly high

UPM-Kymmene had a market capitalization of EUR 13,488,949,097 on September 24, 2026. Its 52-week range was EUR 21.72 to EUR 27.94, placing the current price above the yearly low by EUR 3.86 and below the high by EUR 2.36.