Stora Enso stock: OP Corporate Bank raises target for Stora Enso stock to EUR 10.75

Published on 10/24/2026 at 00:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OP Corporate Bank moved Stora Enso stock from Reduce to Buy on October 23, 2026. Gruvön closure affects 80 positions by year-end 2026.

Analyst action and operating changes

OP Corporate Bank changed its rating to Buy and set a EUR 10.75 target on October 23, 2026.
Stora Enso will close Gruvön CLT production by year-end, affecting 80 positions.
The next earnings release is scheduled for October 30, 2026.

Stora Enso, FI0009005961, Illustration mit AI erstellt.

Stora Enso (ISIN FI0009005961) became the subject of an OP Corporate Bank upgrade from Reduce to Buy, with a EUR 10.75 price target stated on October 23, 2026, according to Zonebourse. The rating change arrived as Stora Enso moved ahead with a Swedish production closure.

On October 22, 2026, the company completed negotiations to permanently close its Cross Laminated Timber production unit at Gruvön by the end of 2026. The decision affects 80 positions, while sawmill operations and pellet deliveries at the site continue, according to Cision.

Three dated moves shape the picture

The recent sequence began on October 2, 2026, when DNB Carnegie raised its target from EUR 11.30 to EUR 12.40 and reiterated Buy, as reported by MarketScreener. On October 16, JP Morgan lifted its target from EUR 11.00 to EUR 11.70 while retaining a neutral view, according to MarketScreener. The October 22 closure decision is the latest event in that chronology.

What does the closure mean?

The immediate effect is operational rather than a quantified earnings change: 80 positions are affected, and the CLT unit is scheduled to close by year-end. Stora Enso cited slower market growth, higher timber costs and relatively high fixed production costs as pressures on profitability, while production continues at facilities in the Czech Republic and Austria, according to MarketScreener.

Two dates define the next step

The next scheduled reporting date is October 30, 2026, when Stora Enso is due to publish third-quarter results. The closure is expected by the end of 2026, giving the earnings release a timely test of packaging demand, cost pressure and restructuring priorities, according to MarketScreener.

Business mix remains broad

MarketScreener describes Stora Enso as a renewable-materials company active in packaging, biomaterials, wooden construction and paper. Its 2025 sales were EUR 9.30 billion and the group had approximately 19,000 employees, providing scale against which the 80 affected positions can be measured.

Investor facts

Stora Enso's next reporting date is October 30, 2026. The company is listed on Nasdaq Helsinki under ticker STERV and operates in packaging and containers. The latest upgrade sets a EUR 10.75 target, while the more recent operational announcement centers on the Gruvön closure.

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