H&M stock: UBS lists a SEK 163.00 target for H&M stock at 2.22 percent below its price

Published on 10/16/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating profit reached SEK 6,037 million in the third quarter. H&M stock costs EUR 15.46 on October 16, 2026, 0.13 percent below the Xetra close.

Analyst target and reporting dates

On September 29, 2026, UBS listed a SEK 163.00 target, 2.22 percent below the price.
H&M's third-quarter operating profit reached SEK 6,037 million, with a 10.60 percent margin.
H&M stock costs EUR 15.46 at Lang & Schwarz on October 16, 2026 at 5:13 p.m. CEST, 0.13 percent below the Xetra close of October 16, 2026.
The next scheduled dates are November 4, 2026 for the dividend and January 28, 2027 for the annual report.

H & M Hennes & Mauritz AB, SE0000106270, Illustration mit AI erstellt.

UBS listed a SEK 163.00 target for H&M (SE0000106270) on September 29, 2026, which was 2.22 percent below the SEK 166.70 price cited by TargetWatch. H&M stock was trading at EUR 15.46 at Lang & Schwarz on October 16, 2026 at 5:13 p.m. CEST, 0.13 percent below the Xetra close of October 16, 2026 at EUR 15.48.

Third-quarter profit reached SEK 6,037 million

H&M's third-quarter report showed operating profit of SEK 6,037 million for the period from June 1 through August 31, 2026, up from SEK 4,914 million a year earlier. The operating margin rose to 10.60 percent from 8.60 percent, while net income increased to SEK 4,098 million from SEK 3,212 million.

The margin included a positive one-off effect of 1.60 percentage points related to tariffs and goods imports. H&M also reported nine-month revenue of SEK 161,624 million for the period ended August 31, 2026, down from SEK 169,064 million, while nine-month operating profit increased to SEK 13,462 million from SEK 12,031 million, according to MFN on September 24, 2026.

Stock valuation and trading position

The Lang & Schwarz quote stood at EUR 15.46, with a bid of EUR 15.46 and an ask of EUR 15.47 at 5:13 p.m. CEST on October 16, 2026. The Xetra close was EUR 15.48 on the same date, putting the euro quote 0.13 percent below that level.

H&M had a market capitalization of EUR 24.7 billion as of October 16, 2026. Its price-to-earnings ratio was 20.96 and its dividend yield was 4.07 percent. The stock was listed on Nasdaq Stockholm and included in the OMXS30, while the company operates across fashion, home merchandise and online retail.

H&M's next scheduled dates are the November 4, 2026 ex-dividend date and the January 28, 2027 annual report, according to Affarsvarlden.

Price stays below the Xetra close

For investors, the main contrast is clear: the latest reported quarter delivered a 10.60 percent operating margin, while the stock's Lang & Schwarz quote remained 0.13 percent below the October 16, 2026 Xetra close. The further course of trading is shown by the continuously updated real-time quote of H&M stock.