Engineering company SKF has seen a positive share price development following its quarterly report on Friday, January 30, which showed an adjusted operating profit in line with consensus.

The stock, which fell by 7.6 percent on the day of the report, is currently up 1.8 percent since the report release, while the large-cap OMXS30 index has risen by 4.0 percent.

Based on estimates submitted after the quarterly report, Factset's consensus for this year's sales has been reduced by 3.9 percent, while consensus for next year has been adjusted down by 3.4 percent.

Consensus for adjusted operating profit has been lowered by 7.4 percent for this year and reduced by 6.8 percent for next year.

The average recommendation for the stock remains hold.

The average target price has been lowered by 2.7 percent to 259.06 kronor, down from 266.31 kronor.

The share of positive recommendations now stands at 43 percent (previously 41), while the share of hold recommendations is 38 percent (previously 45), and negative recommendations are at 19 percent (previously 14).

SKF
Share price development on report day-7.6%
Date2026-02-122026-01-29DifferenceNumber of estimates
Share price256.30251.801.8%
Average target price259.06266.31-2.7%
Difference target price vs current share price1.08%5.76%
Consensus recommendationHoldHold21
Share of positive recommendations43%41%9
Share of hold recommendations38%45%8
Share of negative recommendations19%14%4
Sales, current year89 62293 292-3.9%15
Sales, next year93 28296 557-3.4%15
Sales growth, next year4.1%3.5%
Adjusted EBIT, current year11 49312 409-7.4%13
Adjusted EBIT, next year12 51213 426-6.8%14
Adjusted EBIT growth, next year8.9%8.2%
Source: Factset