SSAB stock: Handelsbanken raises target to SEK 125 for SSAB stock

Published on 10/24/2026 at 03:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea kept a SEK 95 target on October 22, 2026. For SSAB stock, Q3 results are due October 28 after SSAB's SEK 27.49 billion Q2 revenue.

Analyst and project milestones

Handelsbanken raised its SSAB target to SEK 125 on October 19, 2026.
SSAB began a SEK 3.3 billion Oxelösund investment on October 13, 2026.
SSAB will publish its third-quarter report on October 28, 2026.

Schwarzweiße Dokumentarfotografie von Forstarbeitern beim Holzeinschlag im Nadelwald — Schwarzweiß-Reportagefoto dokumentiert Holmen AB (SE0000171100), Forstarbeiter beim Holzeinschlag im dichten schwedischen Nadelwald, Illustration mit AI erstellt.

SSAB (ISIN SE0000171100) has a SEK 125 price target from Handelsbanken, raised from SEK 120 on October 19, 2026, according to MarketScreener. SSAB's third-quarter report is scheduled for October 28, 2026.

Target rises before Q3 report

The higher target arrived as analysts assessed SSAB's prospects before the quarterly release. MarketScreener reported on October 22, 2026 that Nordea retained a Hold rating and a SEK 95 target, while leaving its 2026 adjusted EBITDA forecast unchanged. Nordea raised its 2027 and 2028 estimates by 3 percent but said consensus margin expectations for 2027 looked too optimistic.

What will the investment add?

SSAB started construction of a new quenching line in Oxelösund on October 13, 2026. The SSAB project carries an investment of SEK 3.3 billion and is planned to add 100,000 tonnes of annual capacity for advanced wear and protection steels, with production planned for 2030.

Three milestones for SSAB

On July 22, 2026, SSAB reported second-quarter revenue of SEK 27,489 million and an operating result of SEK 2,695 million, compared with SEK 25,631 million and SEK 2,140 million a year earlier, according to SSAB. On October 13, the company began the Oxelösund project, and on October 19 Handelsbanken lifted its target from SEK 120 to SEK 125.

Upcoming reporting dates

SSAB will publish its third-quarter report on October 28, 2026, at 7:30 a.m. CET and hold the presentation at 9:30 a.m. CET. The year-end report for 2026 is scheduled for January 28, 2027.

Stock valuation context

SSAB B was last at SEK 98.66 on Nasdaq Stockholm on October 23, 2026 at 5:29 p.m. CEST. The 52-week range was SEK 56.70 to SEK 109.70, while market capitalization stood at SEK 101.4 billion on that date. The combination of higher targets and a planned capacity increase leaves the October 28 report as the next quantified test of the investment case. The further course of trading is shown by the continuously updated real-time quote of SSAB stock.