Boliden, SE0020050417

Handelsbanken raises target for Boliden stock from SEK 614 to SEK 629

Published on 10/20/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Boliden stock costs EUR 46.32 on October 20, 2026. Handelsbanken forecasts adjusted operating profit of SEK 4.59 billion for Q3, up 67.00 percent.

Analyst upgrades shape next report

Handelsbanken raised its Boliden target to SEK 629 on October 20, 2026.
The bank forecasts adjusted operating profit of SEK 4.59 billion for the third quarter of 2026.
Boliden stock traded at EUR 46.32 at 9:46 a.m. CEST at Lang & Schwarz on October 20, 2026.

Fotorealistische Kupferschmelze mit glühendem Metall in schwedischer Industrieanlage bei Dämmerung — Boliden AB (ISIN SE0022415691) betreibt moderne Kupferschmelzen und Untertagebergwerke in ganz Skandinavien, Illustration mit AI erstellt.

Boliden (SE0020050417) received a higher price target from Handelsbanken on October 20, 2026, with the bank raising its target from SEK 614 to SEK 629 and upgrading the stock to Buy, Affärsvärlden reported. Boliden stock was trading at EUR 46.32 at Lang & Schwarz on October 20, 2026 at 9:46 a.m. CEST.

What does the target raise signal?

Handelsbanken forecasts adjusted operating profit of SEK 4.59 billion for Boliden's third quarter of 2026, representing growth of 67.00 percent from the same quarter of 2025 and 60.00 percent from the previous quarter. The bank linked its view to high metal prices, favorable currency effects, improved ore grades and operational improvements at Odda.

The forecast also points to the Rönnskär electrolytic facility, which Handelsbanken expects to be completed in the second half of 2026. Execution remains the key test because the forecast depends on operating improvements arriving alongside supportive metal prices.

Three dates changed the setup

On October 9, 2026, Boliden announced that it would publish its third-quarter 2026 report on October 29, 2026, at about 1:00 p.m. CET, Yahoo Finance reported. On October 13, 2026, Barclays raised its target from SEK 650 to SEK 720 while retaining an Overweight view, according to Affärsvärlden. On October 20, 2026, Handelsbanken followed with its SEK 614 to SEK 629 target increase and Buy upgrade, Affärsvärlden reported.

When is the next report?

Boliden's next substantiated reporting date is October 29, 2026, when the company plans to release its third-quarter interim report and hold a presentation in Stockholm. The date appears on Boliden's investor-relations page and in the company's presentation invitation.

Stock trades before the report

The September quarter forecast gives the October 29 report a clear numerical hurdle: adjusted operating profit would need to reach SEK 4.59 billion to meet Handelsbanken's estimate. For investors, the report will show whether higher metal prices and improvements at Odda and Rönnskär are translating into earnings.

Boliden stock was trading at EUR 46.32 at Lang & Schwarz on October 20, 2026 at 9:46 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Boliden stock.