Sweco stock gets a buy upgrade as target rises to SEK 150

Sweco stock was trading at SEK 129 on Nasdaq Stockholm on September 24, 2026, while its market capitalization stood at SEK 46,586,420,805. The latest analyst move gives the shares a concrete valuation reference.

Handelsbanken lifts its target

According to MarketScreener on September 23, 2026, Handelsbanken upgraded Sweco from Hold to Buy and raised its target price from SEK 143 to SEK 150. The change puts the new target SEK 21 above the September 24 share price.

The upgrade centers on valuation rather than a new earnings release. For investors, the gap between SEK 129 and the SEK 150 target is now the clearest numerical reference in the latest market discussion.

Q2 revenue grows 2.8 percent

Sweco reported Q2 2026 revenue of SEK 8.567 billion, up 2.8 percent from Q2 2025, according to Affarsvarlden. The quarter followed revenue of SEK 8.334 billion in Q1 2026, giving the first half of the year a sequential increase in quarterly sales.

The operating picture matters because Sweco combines engineering, environmental technology and architecture consulting. Revenue growth of 2.8 percent is positive, but the share price remains closer to its yearly low than its yearly high, which keeps valuation and execution linked.

Stock stays below yearly high

Sweco stock was 28.1 percent below its 52-week high of SEK 179.50 and SEK 6.50 above its 52-week low of SEK 122.50 on September 24, 2026. The range shows that the current quote sits near the lower end of its annual trading band.

The share price was SEK 129 on Nasdaq Stockholm on September 24, 2026. The combination of the SEK 150 analyst target, Q2 revenue growth of 2.8 percent and a market value of SEK 46,586,420,805 defines the current investor debate.