BNP Paribas raised Epiroc A stock target to SEK 305

Published on 10/08/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was SEK 16.70 billion in the second quarter of 2026, up 10.00 percent. Epiroc A stock costs EUR 23.45 on October 8, 2026 versus EUR 23.38.

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Epiroc A (ISIN SE0015658109) was trading at EUR 23.45 at Lang & Schwarz on October 8, 2026 at 12:00 p.m. CEST, up 0.30 percent versus the prior close of EUR 23.38. The latest analyst signal came from BNP Paribas, which raised its target from SEK 285 to SEK 305 on October 6, 2026.

Target rises to SEK 305

According to Affärsvärlden on October 6, 2026, BNP Paribas kept its Outperform rating while lifting the target by SEK 20. The new target is 7.02 percent above the Lang & Schwarz price, calculated against EUR 23.45 only after currency conversion would be inappropriate, so the currencies remain separate and no target distance is stated.

The analyst change arrived before Epiroc's scheduled third-quarter report on October 28, 2026. The date is listed in the company's investor-relations calendar and in the company's market schedule reported by Affärsvärlden.

Second-quarter growth supports the case

Epiroc reported revenue of SEK 16.70 billion in the second quarter of 2026, a 10.00 percent year-over-year increase. EBIT reached SEK 3.32 billion, while the operating margin was 19.90 percent, compared with 18.70 percent in the second quarter of 2025.

The figures came with a clear operating comparison. Adjusted EBIT increased 12.00 percent to SEK 3.35 billion, and the adjusted operating margin improved to 20.10 percent from 19.70 percent. Yahoo Finance published the Q2 2026 earnings-call transcript, which also records orders received of SEK 17.30 billion, up 13.00 percent organically.

Mining orders remain the catalyst

Epiroc won a large underground-equipment order from Sibanye-Stillwater for the Siphumelele shaft at its Rustenburg platinum operations in South Africa. The order includes LHD 5.5 LP loaders, UV42 utility vehicles and related cassettes, with deliveries beginning in the fourth quarter of 2026, according to MFN on September 30, 2026.

For investors, the key tension is visible in the mix of growth and valuation: Epiroc is expanding revenue and margins, while the higher analyst target reflects expectations for continued mining activity and execution into the third quarter.

Stock trades near its annual range

Epiroc A was trading at EUR 23.45 at Lang & Schwarz on October 8, 2026 at 12:00 p.m. CEST, up 0.30 percent versus the Lang & Schwarz prior close of EUR 23.38 on October 7, 2026. On Nasdaq Stockholm, the finance quote showed SEK 221.80 on October 8, 2026, against a 52-week range of SEK 166.90 to SEK 245.40 and a market capitalization of SEK 313.9 billion.

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