Barclays raises target for Epiroc stock to SEK 285.00

Published on 10/19/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The analyst view points to SEK 285 after the October 14, 2026 note. Epiroc stock costs EUR 23.38 on October 19, 2026 before results on October 28, 2026.

Analyst target and earnings date

Barclays lifted its Epiroc target from SEK 280.00 to SEK 285.00 on October 14, 2026.
Epiroc reported second-quarter 2026 revenue of SEK 16.70 billion, up 10.00 percent year on year.
Epiroc stock traded at EUR 23.38 at 9:47 a.m. CEST at Lang & Schwarz on October 19, 2026.
Third-quarter results are scheduled for October 28, 2026.

Geometrisches Bauhaus-Poster mit Bohrturm-Silhouette und Schriftzug MINING — Epiroc AB, ISIN SE0015658109, wird im Bauhaus-Stil als geometrisches Poster der Bergbaubranche dargestellt, Illustration mit AI erstellt.

Epiroc A (ISIN SE0015658109) is heading toward its third-quarter report with Barclays lifting its target from SEK 280.00 to SEK 285.00 on October 14, 2026, according to Placera.se. The broker maintained its overweight view, giving the upcoming results a clear valuation reference.

Barclays sets a higher hurdle

The target change was the latest dated analyst event in the source record. It moved the stated valuation from SEK 280.00 to SEK 285.00, while the current report schedule keeps operational delivery at the center of the debate.

Epiroc's second-quarter 2026 revenue reached SEK 16.70 billion, an increase of 10.00 percent from the second quarter of 2025. Net income rose 16.00 percent to SEK 2.43 billion, while earnings per share increased to SEK 2.01 from SEK 1.74. Those figures came from Simply Wall St.

What will October 28 show?

The next test is the third-quarter report scheduled for October 28, 2026, a date listed by Simply Wall St. Investors will be able to compare the new operating figures with the second-quarter revenue base of SEK 16.70 billion and net income of SEK 2.43 billion.

Mining equipment remains the anchor

Epiroc develops equipment and services for surface and underground mining, including drilling, loading, haulage, automation and electrification. Its reported second-quarter earnings show why revenue growth and profit conversion matter more than the target revision alone: revenue expanded 10.00 percent year on year, while net income grew 16.00 percent.