Steel company SSAB has experienced a negative share price trend following its interim report on Wednesday, January 28, which delivered better-than-expected results. The average target price has risen only marginally.

The stock, which dropped 2.8 percent on the day of the report, is currently down 5.6 percent since the release, while the large-cap OMXS30 index has risen by 2.0 percent during the same period.

Based on estimates received after the interim report, Factset's consensus for this year's sales has been lowered by 2.7 percent, while next year's consensus has also been revised down by 2.7 percent.

Consensus for EBITDA results has been reduced by 1.6 percent for this year and by 2.6 percent for next year.

The average recommendation for the stock remains overweight.

The average target price has increased by 0.6 percent to 83.16 kronor, up from 82.63 kronor.

The proportion of positive recommendations now stands at 50 percent (previously 55), while the proportion of hold recommendations is 45 percent (40), and negative recommendations remain at 5 percent (5).

SSAB
Share price development on report day-2.8%
Date2026-02-132026-01-27DifferenceNumber of estimates
Share price73.3477.96-5.9%
Average target price83.1682.630.6%
Difference between target and current share price13.39%5.99%
Consensus recommendationOverweightOverweight20
Proportion of positive recommendations50%55%10
Proportion of hold recommendations45%40%9
Proportion of negative recommendations5%5%1
Sales, current year99 463102 173-2.7%16
Sales, next year103 652106 571-2.7%15
Sales growth, next year4.2%4.3%
EBITDA result, current year13 22713 436-1.6%16
EBITDA result, next year14 39314 782-2.6%15
EBITDA growth, next year8.8%10.0%
Source: Factset