DNB Carnegie raised target for SCA stock to SEK 129.00

Published on 10/08/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCA stock costs EUR 10.64 on October 8, 2026 after EUR 10.69, minus 0.47 percent. Q2 revenue was SEK 5.15 billion, down 4.22 percent year over year.

Fotorealistische Waldlandschaft mit Holzernte-Maschine und gestapelten Baumstämmen bei Sonnenaufgang — Fotorealistisches Waldmotiv zeigt Svenska Cellulosa AB SCA (SE0000112724) mit Holzernte in nordischer Forstlandschaft bei Sonnenaufgang, Illustration mit AI erstellt.

SCA stock was trading at EUR 10.64 at Lang & Schwarz on October 8, 2026, down 0.47 percent from the prior close of EUR 10.69. DNB Carnegie had raised its target for SCA from SEK 110.00 to SEK 129.00 on October 2, 2026, while keeping a hold rating, as reported by Affärsvärlden.

Target rises as results approach

The new target is SEK 19.00 above the previous SEK 110.00 target, an increase of 17.27 percent. The unchanged hold rating makes the target revision a measured reassessment rather than a clear change in DNB Carnegie's stance.

SCA's next quarterly report is scheduled for October 23, 2026. The date matters because the company enters the reporting period after a weaker first-half earnings base.

Revenue remains under pressure

In the second quarter of 2026, SCA reported revenue of SEK 5.15 billion, down 4.22 percent from SEK 5.38 billion in the second quarter of 2025, according to Affärsvärlden.

Operating profit was SEK 724.00 million in the second quarter, compared with SEK 1.50 billion a year earlier, while the operating margin fell to 14.10 percent from 28.00 percent. The figures leave the October report with a high comparison hurdle, even as the analyst target increased.

For the first half of 2026, net sales fell 6.00 percent to SEK 9.89 billion from SEK 10.54 billion, and EBITDA declined to SEK 2.41 billion from SEK 3.68 billion, according to SCA. Lower selling prices and negative currency effects weighed on sales, while higher delivery volumes provided a counterbalance.

Stock stays below yearly high

On Nasdaq Stockholm, SCA B was last at SEK 119.00 on October 8, 2026 at 11:18 a.m. CEST. Its market capitalization was SEK 83.6 billion, and the 52-week range stood at SEK 96.02 to SEK 129.60 on the same date, placing the share 8.18 percent below its yearly high.

The investor debate therefore combines a higher analyst valuation with weaker recent profitability. The October 23 report will show whether the margin pressure is easing before the target revision is tested by fresh operating data.

October report sets the next test

At Lang & Schwarz, SCA was trading at EUR 10.64 on October 8, 2026 at 11:12 a.m. CEST, down 0.47 percent versus the prior close of EUR 10.69 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of SCA stock.