Kinnevik B, SE0022060521

Kinnevik stock falls 1.99 percent while analysts lift targets

Published on 10/08/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinnevik stock was trading at SEK 64.16 on October 8, 2026, as three research houses raised their targets. Q2 net income reached SEK 1.717 billion before the October 15 report.

Modernes Glasgebäude am Stockholmer Hafen bei Dämmerung, Symbolbild für Kinnevik AB — Kinnevik AB (ISIN SE0015810247) zeigt modernes Bürogebäude am Wasser, symbolisch für schwedische Investment-Holding bei Dämmerung, Illustration mit AI erstellt.

Kinnevik (ISIN SE0022060521) was trading at SEK 64.16 on Nasdaq Stockholm at 9:46 a.m. CEST on October 8, 2026, down 1.99 percent from SEK 65.46. The share price followed a fresh round of target changes, with three research houses updating their views on October 7, 2026.

Three targets move higher

Placera reported on October 7, 2026, that Pareto raised its target from SEK 75 to SEK 81 and repeated a Buy rating. ABG Sundal Collier lifted its target from SEK 84 to SEK 87, while Kepler Cheuvreux moved from SEK 58 to SEK 64 and kept a Hold rating.

The target revisions create a wide range around the SEK 64.16 market price. Pareto's target is 26.2 percent above the price, while ABG's target is 35.7 percent higher and Kepler's target is 0.2 percent below it.

NAV discount sets the test

The central valuation issue is the gap between the share price and the investment company's portfolio value. Pareto estimated that Kinnevik's net asset value rose 10 percent during the third quarter to SEK 118 per share, implying a 45.6 percent gap to the October 8 price.

Kinnevik's investor-relations page states that NAV stood at SEK 29.6 billion and that the portfolio included more than 20 larger investees. The company has scheduled its interim report for the period ending September 30 for October 15, 2026, according to Kinnevik.

Q2 profit swings sharply

Q2 2026 showed how strongly reported earnings can move for an investment company. Affarsvarlden lists Q2 net income at SEK 1.717 billion and earnings per share at SEK 6.20, compared with a net loss of SEK 7.969 billion and a loss per share of SEK 28.77 in Q1 2026.

That quarter-to-quarter swing reflects the investment portfolio's valuation sensitivity rather than a conventional sales-driven earnings pattern. Kinnevik's business is built around long-term investments in technology-enabled companies across areas including healthcare, software, marketplaces and climate technology.

Stock remains below yearly high

Kinnevik's SEK 64.16 intraday price on October 8, 2026, stood 29.7 percent below the 52-week high of SEK 91.26 and 37.2 percent above the 52-week low of SEK 46.78. Market capitalization was SEK 18.1 billion, with 89,528 shares traded by the quoted time.