SSAB stock gains as analysts lift targets

SSAB stock (SE0000108656) traded at USD 5.440 on September 4, 2026, up 2.27 percent on the session and 43.73 percent for 2026. That move followed target lifts from SB1 Markets to SEK 130 from SEK 120 and Deutsche Bank to SEK 98 from SEK 90 on September 4, 2026, as shown by ad-hoc-news and its linked consensus data.

Targets point higher

The same consensus page listed 14 analysts, a last close of SEK 104.10 and an average target of SEK 109.71, leaving the mean view 5.39 percent above the close. The high target stood at SEK 135.00 and the low at SEK 88.00, a wide spread that shows the range of views on SSAB AB.

On September 4, 2026, Zonebourse also showed Deutsche Bank keeping a Hold recommendation while lifting its target to SEK 98 from SEK 90, while SB1 Markets stayed at Buy after raising its target to SEK 130 from SEK 120. For investors, the detail that matters is the gap between the SEK 104.10 close and the SEK 109.71 average target.

Revenue and earnings

For fundamentals, the same SSAB consensus page says the latest visible annual figures are revenue of SEK 96.220 billion for 2025, EBITDA of SEK 10.189 billion for 2025 and EBIT of SEK 6.116 billion for 2025. It also compares those with 2024, when revenue was SEK 103.418 billion, EBITDA SEK 12.069 billion and EBIT SEK 7.860 billion, so 2025 revenue fell 6.96 percent year on year and EBITDA dropped 15.58 percent.

The investor page on SSAB lists the Q2 2026 earnings call on July 22, 2026, which keeps the market anchored to the latest reported quarter. Zonebourse also places the next results presentation on October 28, 2026.

Stock near its range

SSAB shares changed hands at USD 5.440 on OTC Markets on September 4, 2026, with a 52-week range of USD 2.86 to USD 5.74 and a market capitalization of USD 10.88 billion. The stock sat about 5.2 percent below the 52-week high, while the 43.73 percent gain for 2026 kept it close to the top of its yearly band.

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