Epiroc A stock: Morgan Stanley cuts target for Epiroc stock to SEK 270

Published on 10/23/2026 at 01:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Epiroc's second-quarter revenue rose 10.00 percent to SEK 16.70 billion, with margin at 19.90 percent. Results for Epiroc A stock are due October 28, 2026.

Analyst revision and reporting date

Morgan Stanley lowered its Epiroc target to SEK 270 on October 19, 2026.
Second-quarter revenue reached SEK 16.70 billion and operating margin was 19.90 percent.
Epiroc will publish third-quarter results on October 28, 2026.
The company had a market capitalization of SEK 299.9 billion as of October 22, 2026.

Schwarzweiß-Reportagefoto von Bergarbeitern und Lader in einem Minentunnel — Epiroc AB, ISIN SE0015658109, liefert robuste Lademaschinen für Bergleute in dunklen Untertageminen weltweit, Illustration mit AI erstellt.

Epiroc A (ISIN SE0015658109) was at the center of a fresh analyst reset after Morgan Stanley cut its target from SEK 295 to SEK 270 on October 19, 2026, according to Zonebourse. The bank also downgraded its recommendation to equal weight from overweight. The next earnings release will provide the next test for that more cautious view.

Target cuts meet stronger results

Epiroc's second-quarter 2026 revenue increased 10.00 percent to SEK 16.70 billion, while operating profit reached SEK 3.32 billion and operating margin rose to 19.90 percent, according to Affarsvarlden. The margin was 1.20 percentage points above the 18.70 percent reported for the second quarter of 2025. That combination gives investors a concrete counterweight to the target reduction.

Three analyst moves in October

The October sequence began with Barclays lifting its target to SEK 285 from SEK 280 on October 14, 2026. On October 15, SEB raised its target to SEK 305 from SEK 280. Morgan Stanley then cut its target to SEK 270 from SEK 295 on October 19, 2026. These three dated moves were reported by Zonebourse.

What date matters next?

Epiroc is scheduled to publish third-quarter 2026 results on October 28, 2026 at 11:30 a.m. CET, followed by a presentation at 1:00 p.m. CET, according to MFN. Epiroc's recent operating figures make the margin and order trajectory especially important when the report arrives. The company also plans to appoint Ulrika Areskog Lilja to its Group Management on November 2, 2026, according to the company's investor communications.

Valuation before the report

Epiroc had a market capitalization of SEK 299.9 billion as of October 22, 2026. Its 52-week range was SEK 186.60 to SEK 284.30, while the latest structured quote showed SEK 247.90 and a volume of 1,954,697 shares for October 22, 2026. The figures place the stock below its yearly high as analysts enter the results window.

Report date sets the next marker

The analyst disagreement leaves the October 28 report as the next clear valuation marker. Revenue growth and the 19.90 percent operating margin from the second quarter give the market measurable benchmarks for the new outlook.

The further course of trading is shown by the continuously updated real-time quote of Epiroc A stock.