Swedbank A stock: Goldman Sachs raises target for Swedbank A stock from SEK 390 to SEK 400
Published on 10/24/2026 at 04:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and bank results
- Goldman Sachs raised its target from SEK 390 to SEK 400 on October 23, 2026.
- Swedbank reported SEK 8.25 billion in third-quarter profit on October 22, 2026.
- Swedbank had a market capitalization of SEK 425.9 billion as of October 23, 2026.
Swedbank A (ISIN SE0000242455) became the subject of a higher Goldman Sachs price target on October 23, 2026, rising from SEK 390 to SEK 400 while the bank retained a neutral view, according to MarketScreener. The revision followed Swedbank's third-quarter report released on October 22, 2026, when the bank reported SEK 8,249 million in profit for the period, according to Swedbank.
Goldman target moves higher
Goldman Sachs was not alone in updating its view. MarketScreener listed UBS cutting its target from SEK 430 to SEK 405 on October 23, 2026, while Nordea reiterated a buy view with a SEK 450 target. The range of targets puts the emphasis on earnings quality and capital strength rather than on a single analyst narrative.
Why did profit rise?
Swedbank's third-quarter profit increased 15 percent from SEK 7,195 million in the second quarter, while total income slipped 1 percent quarter over quarter to SEK 17,986 million. The bank's return on equity reached 15.6 percent, and its Common Equity Tier 1 capital ratio was 17.2 percent, according to the interim report.
The quarter also contained a clear counterweight. MarketScreener reported total income below the FactSet consensus of SEK 18,235 million, a shortfall of 1.36 percent, while net commission income of SEK 4,704 million exceeded the SEK 4,585 million consensus by 2.60 percent. The bank's net credit impairment result was a SEK 701 million recovery, supporting the reported profit.
Three dated developments
On October 22, 2026, Swedbank reported third-quarter total income of SEK 17,986 million. On October 23, 2026, UBS lowered its target from SEK 430 to SEK 405. On October 23, 2026, Goldman Sachs raised its target from SEK 390 to SEK 400, the latest of the three developments.
Upcoming calendar date
Swedbank's investor-relations calendar sets the 2027 annual general meeting for April 7, 2027, according to Swedbank. The date gives investors a fixed point for the next governance and distribution discussion.
Market value and context
Swedbank's market capitalization was SEK 425.9 billion as of October 23, 2026. Its 52-week range was SEK 282.50 to SEK 416.10 on the same date, leaving the analyst targets above the latest Stockholm reference level.
Capital remains central
The combination of a 15.6 percent return on equity and a 17.2 percent CET1 ratio explains why target revisions remain focused on profitability and balance-sheet capacity. The next material calendar point is the April 7, 2027 annual meeting.
The further course of trading is shown by the continuously updated real-time quote of Swedbank A stock.
Swedbank A stock facts
- Company: Swedbank AB (publ)
- ISIN: SE0000242455
- Ticker: SWED A
- Primary exchange: Nasdaq Stockholm
- Market capitalization: SEK 425.9 billion (as of October 23, 2026)
- 52-week range: SEK 282.50-416.10 (as of October 23, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report OMXS30.
