Engineering group Sandvik has seen a distinct upward revision in earnings estimates from analysts following its April 22 report, alongside an increase in the average target price. Consensus for both revenue and adjusted EBITA has strengthened in the wake of the release.

Based on estimates submitted after the interim report, Factset consensus for this year's sales has been raised by 0.7 percent, while the forecast for next year has been adjusted upwards by 2.3 percent. Simultaneously, the consensus for adjusted EBITA has been hiked by 6.9 percent for the current year and by 4.4 percent for next year.

The average recommendation for Sandvik remains a 'hold'. Meanwhile, the average target price has risen to SEK 393.19 from SEK 378.14 prior to the report, representing a 4 percent increase.

Of the analysts covering the company, 42 percent maintain a positive recommendation on the stock, down from 46 percent before the report. The proportion of 'hold' recommendations has increased to 42 percent from 38 percent, while the share of negative recommendations remains unchanged at 17 percent.

The share, which slipped 0.1 percent on the day of the report, is at the time of writing up 2.6 percent since the release, while the blue-chip OMXS30 index has gained 0.9 percent.


Sandvik
Share price performance on report day-0.1%
Date2026-05-072026-04-21DifferenceNumber of estimates
Share price402.90392.602.6%
Average target price393.19378.144.0%
Spread: target price vs current share price-2.41%-3.68%
Consensus recommendationHoldHold24
Share of positive recommendations42%46%10
Share of hold recommendations42%38%10
Share of negative recommendations17%17%4
Sales, current year139,312138,3000.7%14
Sales, next year151,631148,1682.3%14
Sales growth, next year8.8%7.1%
Adjusted EBITA, current year30,04528,0966.9%10
Adjusted EBITA, next year32,36230,9954.4%10
Adjusted EBITA growth, next year7.7%10.3%
Source: Factset