Wallenstam stock: SB1 Markets cuts target for Wallenstam stock from SEK 41 to SEK 40

Published on 10/24/2026 at 01:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wallenstam reported SEK 963 million profit after tax in the third quarter. SEB set a SEK 38 target for Wallenstam stock on October 16, 2026.

Targets and reporting dates

SB1 Markets cut its Wallenstam target to SEK 40 from SEK 41 on October 19, 2026.
Third-quarter profit after tax reached SEK 963 million on October 15, 2026.
Wallenstam's next ex-dividend date is October 27, 2026, and its next annual report is scheduled for February 5, 2027.

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Wallenstam (ISIN SE0017780133) faces a lower analyst target after SB1 Markets cut its valuation from SEK 41 to SEK 40 and retained a neutral view on October 19, 2026, according to MarketScreener. The change followed Wallenstam's third-quarter report and puts analyst valuation below the company's latest net asset value of SEK 65.00 per share.

Third-quarter profit sets the backdrop

Wallenstam reported SEK 963 million in profit after tax for the third quarter of 2026, up from SEK 682 million in the same quarter of 2025. The official interim report also showed rental income of SEK 788 million versus SEK 759 million a year earlier, while property-management income rose to SEK 381 million from SEK 344 million, according to Wallenstam.

The report covered January 1 to September 30, 2026. For the first nine months, profit after tax reached SEK 1,615 million compared with SEK 1,240 million a year earlier, while 1,078 apartments were under construction.

Three dated signals for the stock

On October 15, 2026, Wallenstam published its third-quarter report with SEK 963 million in profit after tax. On October 16, 2026, SEB cut its target from SEK 39 to SEK 38 and reiterated Hold, according to MarketScreener. On October 19, 2026, SB1 Markets reduced its target from SEK 41 to SEK 40 while keeping its neutral recommendation.

What does the target cut imply?

SB1 Markets' SEK 40 target is SEK 25.00 below Wallenstam's reported net asset value of SEK 65.00 per share for the first nine months of 2026. The valuation debate therefore centers on the gap between stronger reported profit and a lower analyst assessment of future property cash flows.

Dates for income investors

The next explicitly listed corporate dates are the October 27, 2026 ex-dividend date for a SEK 0.25 distribution and the February 5, 2027 full-year report, according to the calendar carried by MFN.

Stock context remains Sweden focused

Wallenstam was last quoted at SEK 38.32 on Nasdaq Stockholm on October 23, 2026 at 5:29 p.m. CEST, while the company remains classified in real estate development and operations. The further course of trading is shown by the continuously updated real-time quote of Wallenstam stock.