SKF AB

Equities

SKF B

SE0000108227

Industrial Machinery & Equipment

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-03-06 pm EST			5-day change	1st Jan Change
236.10 ^SEK	-0.96%		-9.05%	-3.95%

Mar. 06	Espiria Sweden Small Cap fell 2.3 percent in February – weighed down by outflows from small-cap funds	FW
Mar. 05	Simplicity Small Cap Sweden Rises 3.7 Percent in February – Exits Getinge, Camurus, and Loomis	FW

JP Morgan Downgrades SKF to Underweight

Published on 02/04/2026 at 08:36 am EST

Finwire - Translated by Marketscreener - See original

SKF AB

-0.96%

JP Morgan has downgraded its recommendation for the engineering company SKF to underweight from neutral and slashed its target price to 215 kronor from 245 kronor.

The bank points to the postponement of the separate listing of the automotive division to the fourth quarter of 2026, continued high exposure to a weak automotive market, and increased uncertainty regarding margin development. At the same time, JP Morgan has lowered its adjusted EBIT forecasts for 2026 and 2027 by 9 and 7 percent, respectively.

Latest news about SKF AB

Mar. 06	Espiria Sweden Small Cap fell 2.3 percent in February – weighed down by outflows from small-cap funds	FW
Mar. 05	Simplicity Small Cap Sweden Rises 3.7 Percent in February – Exits Getinge, Camurus, and Loomis	FW
Mar. 03	Telia Board Proposed for Re-election	FW
Mar. 02	SKF Group Unveils FlowMaster III Lubrication Pump	CI
Mar. 02	Pareto Replaces Half of Its Swedish Portfolio After Clear Underperformance	FW
Feb. 27	Upbeat Stock Market on the Week's Final Day, OMXS30 Index Up 0.7 Percent	FW
Feb. 27	Nordnet Investors Snap Up Banks and Companies Hit by Sharp Price Drops in February	FW
Feb. 26	SKF to name its automotive business SKF Vertevo	RE
Feb. 26	Stockholm Stock Exchange Rises for Third Consecutive Day, OMXS30 Index Up 0.3 Percent	FW
Feb. 26	SKF's Automotive Business to Adopt SKF Vertevo Name for Planned Split	MT
Feb. 26	SKF's Planned Automotive Spin-Off to Be Named SKF Vertevo	FW
Feb. 26	SKF's Automotive Division Spin-Off to Be Named SKF Vertevo	FW
Feb. 25	Citigroup Raises SKF Target Price to 260 Kronor (248), Maintains Neutral Rating - BN	FW
Feb. 25	16 Stocks Reach New 52-Week Highs Today on the Stockholm Stock Exchange	FW
Feb. 20	US Tariff Ruling Further Boosts Stockholm Stock Exchange, OMXS30 Index Up 0.7 Percent	FW

Chart SKF AB

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SKF B: Dynamic Chart

Company Profile

AB SKF specializes in manufacturing and marketing of bearings, seals and lubrication systems. The group's activity is organized around 2 areas - sale of bearings and seals: spherical and cylindrical roller bearings, angular contact ball bearings, average deep groove ball bearings and high precision bearings, and seals primarily for car and truck manufacturers. The group also manufactures lubrication systems and rails allowing linear movements; - services: primarily technical support, maintenance and training services. Net sales break down by market between industry (70.4%) and automotive (29.6%). Net sales are distributed geographically as follows: Sweden (2.3%), Europe (38%), Americas (31.1%), China and Northeast Asia (18.4%), India and Southeast Asia (10.2%).

Employees

37,271

Sector

Industrial Machinery & Equipment

Calendar

Apr. 21 - Earnings release - Q1 2026

More about the company