JP Morgan raises Stora Enso target to EUR 11.70 for Stora Enso stock

Published on 10/18/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due October 30, 2026 after Q2 revenue of SEK 2.42 billion. For Stora Enso stock, Q2 net loss was SEK 11.00 million.

Analyst revision and quarterly data

JP Morgan lifted its Stora Enso target to EUR 11.70 from EUR 11.00 on October 16, 2026.
Second-quarter revenue reached SEK 2.42 billion, up 2.80 percent year over year.
Stora Enso posted a second-quarter net loss of SEK 11.00 million and is due to report on October 30, 2026.

Stora Enso, FI0009005961, Illustration mit AI erstellt.

Stora Enso (ISIN FI0009005961) faces a revised analyst benchmark after MarketScreener reported on October 16, 2026 that JP Morgan raised its price target to EUR 11.70 from EUR 11.00 while reiterating a Neutral rating. Stora Enso stock last closed at EUR 10.11 on October 16, 2026 on Nasdaq Helsinki.

Analyst target moves to EUR 11.70

The target revision puts the analyst view above the last Helsinki close, but the rating stayed Neutral. That combination points to measured upside expectations rather than a broad change in conviction.

Three milestones since September

On September 29, 2026, Stora Enso planned to end CLT production at Gruvön, affecting a maximum of 80 positions, according to Affarsvarlden. On October 2, 2026, DNB Carnegie raised its target to EUR 12.40 from EUR 11.30. JP Morgan's October 16, 2026 revision to EUR 11.70 from EUR 11.00 was the latest of the three events.

Which date matters next?

Affarsvarlden lists October 30, 2026 as the next interim report and February 11, 2027 as the next annual report. The October release should provide the next test of the recovery case built into the analyst targets.

What does Q2 mean for margins?

Second-quarter revenue was SEK 2.42 billion, up 2.80 percent from SEK 2.43 billion in the same quarter of 2025, while operating profit fell to SEK 16.00 million from SEK 64.00 million, according to Affarsvarlden. The operating margin was 0.70 percent, down from 2.60 percent a year earlier, and the quarter ended with a net loss of SEK 11.00 million versus net income of SEK 15.00 million.

Stock stays at the October close

Stora Enso's Nasdaq Helsinki listing closed at EUR 10.11 on October 16, 2026. The next reporting date and the margin trend will determine whether the higher analyst targets gain support from operating performance.

The further course of trading is shown by the continuously updated real-time quote of Stora Enso stock.