BNP Paribas raised target for SKF stock to SEK 280.00

Published on 10/09/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales hit SEK 23.20 billion in the second quarter of 2026, up 0.13 percent. SKF stock costs EUR 24.03 on October 9, 2026 after EUR 23.58.

Key points in brief

BNP Paribas raised its SKF target from SEK 265.00 to SEK 280.00 on October 7, 2026.
SKF resolved a five-to-one distribution of SKF Vertevo shares on October 1, 2026.
The Lang & Schwarz price was EUR 24.03 on October 9, 2026, up 1.91 percent versus EUR 23.58.
SKF is scheduled to publish its third-quarter report on October 21, 2026.

Isometrische 3D-Grafik einer industriellen Produktionskette mit Maschinen — Isometrische 3D-Illustration zeigt Wertschöpfungskette der Wälzlagerproduktion von SKF AB, ISIN SE0000108227, Industrieausrüstung, Illustration mit AI erstellt.

SKF (ISIN SE0000108227) was trading at EUR 24.03 at Lang & Schwarz on October 9, 2026 at 12:53 p.m. CEST, up 1.91 percent versus the prior close of EUR 23.58. On October 7, 2026, BNP Paribas raised its target for the stock from SEK 265.00 to SEK 280.00 while keeping a neutral rating, according to BorsKollen.

Three milestones shape the split

SKF reported second-quarter 2026 net sales of SEK 23.20 billion on July 17, 2026, compared with SEK 23.17 billion a year earlier. Adjusted operating profit reached SEK 3.22 billion, according to SKF.

On September 21, 2026, SKF launched its Progressive Lubrication Pump as the first product family built on a new lubrication platform, according to SKF. The product event adds an operational angle to a stock story otherwise dominated by the planned separation of the automotive business.

What does the separation change?

On October 1, 2026, SKF shareholders approved the distribution of SKF Vertevo shares, with five SKF class A or class B shares entitling holders to one corresponding Vertevo share, according to SKF. The Automotive segment will be reported as discontinued operations in the third-quarter report, making the October 21 figures important for assessing the remaining industrial business.

Two dates frame the next readout

SKF is scheduled to publish its third-quarter report on October 21, 2026, according to Affarsvarlden. SKF Vertevo is scheduled to hold a capital markets day on November 17, 2026, while its first trading day is expected on December 1, 2026, per SKF.

Stock remains inside its yearly range

The latest primary-market quote was SEK 268.40 for SKF B on Nasdaq Stockholm at 12:52 p.m. CEST on October 9, 2026. The 52-week range was SEK 204.80 to SEK 282.00, placing the share 4.96 percent below its high, while market capitalization stood at SEK 122.3 billion on the same date. The Lang & Schwarz price was EUR 24.03 in trading on October 9, 2026 at 12:53 p.m. CEST, plus 1.91 percent versus the Lang & Schwarz prior close of EUR 23.58. The further course of trading is shown by the continuously updated real-time quote of SKF stock.