SKF stock: Citi raises target for SKF stock from SEK 270.00 to SEK 280.00

Published on 10/19/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Modular Finance expects SEK 2.78 billion adjusted operating profit for Q3 2026. SKF stock costs EUR 24.27 on October 19, 2026 at 4:46 p.m. CEST.

Analyst view and valuation

Citi raised its SKF target from SEK 270.00 to SEK 280.00 on October 15, 2026.
Modular Finance expects adjusted operating profit of SEK 2.78 billion for the third quarter of 2026.
SKF stock costs EUR 24.27 at Lang & Schwarz on October 19, 2026 at 4:46 p.m. CEST.
SKF had a market capitalization of SEK 122.5 billion and a P/E ratio of 27.25 on October 19, 2026.

Schwarzweiß-Reportagefoto von Arbeitern in einer Wälzlagerfabrik — Dokumentarische Schwarzweiß-Aufnahme von SKF AB (ISIN SE0000108227) Fabrikarbeitern bei Wälzlagerfertigung in Industriehalle, Illustration mit AI erstellt.

Citi raised its SKF target from SEK 270.00 to SEK 280.00 on October 15, 2026, while keeping a Neutral rating, according to Markets Insider. The new target is 4.05 percent above the Stockholm quote of SEK 269.10 recorded at 4:59 p.m. CEST on October 19, 2026. SKF stock was trading at EUR 24.27 at Lang & Schwarz on October 19, 2026 at 4:46 p.m. CEST.

Operating expectations reach SEK 2.78 billion

The next operating benchmark is the forecast for SKF's third quarter of 2026. MarketScreener reported on October 16, 2026 that Modular Finance's consensus from 15 analysts pointed to adjusted operating profit of SEK 2.781 billion, net sales of SEK 17.417 billion and an adjusted operating margin of 15.97 percent. The forecast excludes SKF Automotive, which is treated as discontinued operations.

Stock position at EUR 24.27

The Stockholm share was at SEK 269.10 at 4:59 p.m. CEST on October 19, 2026. The same-day Lang & Schwarz quote was EUR 24.27 at 4:46 p.m. CEST, with a bid of EUR 24.26 and an ask of EUR 24.27. These figures give investors two distinct views of SKF's listing and German trading indication.

Valuation and reporting date

SKF's market capitalization was SEK 122.5 billion on October 19, 2026, and its price-to-earnings ratio was 27.25. The company's second-quarter 2026 revenue was SEK 23.195 billion, operating profit was SEK 2.219 billion and net income was SEK 1.263 billion. The figures come from the standardized quarterly statement for the period ended June 30, 2026.

SKF said on October 8, 2026 that it will publish its third-quarter 2026 report on October 21, 2026 at approximately 7:30 a.m. CEST, followed by an audio webcast at 8:30 a.m. CEST. On October 6, 2026, the company's extraordinary general meeting approved the distribution of SKF Vertevo shares, with the planned Nasdaq Stockholm listing scheduled for December 1, 2026.

Comparison with peers

SKF: P/E 27.25, market capitalization SEK 122.5 billion

Schaeffler (Xetra, EUR): minus 1.37 percent, P/E minus 14.72, market capitalization EUR 5.4 billion

Timken (NYSE, USD): plus 0.28 percent, P/E 30.50, market capitalization USD 7.8 billion

Market view for SKF

The current picture combines an analyst target of SEK 280.00, a third-quarter adjusted operating profit forecast of SEK 2.781 billion and a scheduled report date of October 21, 2026. SKF's valuation remains tied to the earnings outlook and the planned separation of its automotive activities.

SKF stock was trading at EUR 24.27 at Lang & Schwarz on October 19, 2026 at 4:46 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SKF stock.