Why Axfood stock moves
Axfood slipped slightly, less than the market.
Written after the close on ·
Why today
16,292 news analyzed todayAxfood slipped slightly, less than the market.
Over five days it rose clearly while the market was flat.
The rise most likely came partly from its push to expand organic milk supply, announced over several days.
A shared carbon footprint method with ICA and Coop and an EU warning on attacks against the sector were also in the news.
The next earnings report is due Thursday 28 January 2027.
Today's move of −0.63% was 0.8 times a normal day's 0.8%. OMX Stockholm 30 moved −1.01% on the same day.
Axfood −0.63%OMX Stockholm 30 −1.01%In step with the market
What analysts expect, and how often they have been right
Analysts’ estimates for Axfood.
Axfood earned more than expected in 4 out of 8 reports.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 5 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 283.80 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 2.82 SEK (January 28). For the current fiscal year, expected earnings per share changed from 11.73 SEK three months ago to 11.72 SEK now. 2026 estimate: 11.72 SEK. 2027 estimate: 13.04 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. July 23: Buy about 231 thousand SEK. July 17: Buy about 458 thousand SEK. July 16: Buy about 296 thousand SEK. January 30: Buy about 66 thousand SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +24% and earnings per share +7%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): 61.3 bn SEKRevenue 2025: 89.2 bn SEK
What the key figures say about Axfood
The figures connect what Axfood earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 10.11 SEK–10.99 SEK. Peers: Sonae 0.19 EUR, Dino Polska 1.60 PLN, Kesko 1.08 EUR. 2026 estimate: 11.72 SEK (11.57 SEK–12.00 SEK). 2027 estimate: 13.04 SEK (12.51 SEK–13.61 SEK).
What the company sold during the year.
2022–2025: 73.5 bn SEK–89.2 bn SEK. Peers: Sonae 11.8 bn EUR, Dino Polska 36.6 bn PLN, Kesko 13.0 bn EUR. 2026 estimate: 91.1 bn SEK (90.9 bn SEK–91.4 bn SEK). 2027 estimate: 94.9 bn SEK (94.1 bn SEK–96.0 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 4.0%–4.3%. Peers: Sonae 3.2%, Dino Polska 5.7%, Kesko 5.0%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 31.1%–35.7%. Peers: Sonae 8.7%, Dino Polska 17.2%, Kesko 15.9%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 23.1–26.9. Peers: Sonae 11.7, Dino Polska 23.4, Kesko 23.8. 2026 estimate: 24.2. 2027 estimate: 21.8.
What investors pay for each unit the company sells.
2022–2025: 0.60–0.84. Peers: Sonae 0.37, Dino Polska 1.00, Kesko 0.78. 2026 estimate: 0.67. 2027 estimate: 0.65.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 5.95 SEK–8.75 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 2.7%–3.6%. Peers: Sonae 2.7%, Dino Polska 0.0%, Kesko 3.4%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 1.42–2.18. Peers: Sonae 5.75, Dino Polska 0.02, Kesko 3.94.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 7.16–9.34. Peers: Sonae 1.35, Dino Polska 3.72, Kesko 3.60.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 19.7–22.6.
Cash left after investments, divided by the number of shares.
2022–2025: 15.44 SEK–23.26 SEK. Peers: Sonae 0.34 EUR, Dino Polska 0.68 PLN, Kesko 2.45 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 19.9%–23.1%.
The dividend explained
A dividend is money paid to shareholders. Axfood paid 9.00 SEK per share in the twelve months through November 6, 2026.
On the ex-dividend day, September 17, 2026, Axfood traded without the right to the 4.50 SEK dividend. The price went from 252.50 SEK to 251.00 SEK; including the dividend, the day's change was +1.2%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 5.95 SEK2018: 6.94 SEK2019: 6.94 SEK2020: 7.19 SEK2021: 7.44 SEK2022: 7.72 SEK2023: 8.15 SEK2024: 8.50 SEK2025: 8.75 SEK2026 so far: 9.00 SEK
What to watch next, and why
The earnings report shows how Axfood's revenue and profit have changed.
- Earnings report
The earnings report shows how Axfood's revenue and profit have changed.
Add to calendar
More about Axfood
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Christian Luiga, board memberBuyabout 231 thousand SEK
- Anders Lexmon, CFOBuyabout 458 thousand SEK
- Nicholas Pettersson, CEOBuyabout 296 thousand SEK
- Sara Öhrvall Conradi, board memberBuyabout 66 thousand SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Axfood usually moved about 6.8%. On a normal day it moves 0.8%.
+1.33% Why? −14.89% −9.14% −6.85%
10,000 SEK in Axfood bought on November 7, 2016 is worth 29,400 SEK today, with dividends reinvested.
What would 10,000 SEK in Axfood be worth today? →
What would 10,000 SEK in Axfood be worth today?
29,400 SEK
with dividends reinvested, bought on November 7, 2016.
The five biggest days of the journey
· −14.9% · the whole market fell 0.4% the same day · report day
· +14.6% · the whole market rose 3.3% the same day
· −11.5% · the whole market fell 0.1% the same day · report day
· +10.2% · the whole market rose 0.4% the same day · report day
· −10.1% · the whole market fell 2.2% the same day
Earlier days
+2.79% market −0.11% Axfood rose clearly over the week while the broader Stockholm market was roughly flat. Read →
Axfood rose clearly over the week while the broader Stockholm market was roughly flat.
The shares were likely lifted by a run of organic-milk supply deals announced from Tuesday 3 November, which investors may read as securing future product supply.
A cyberattack hit its Gothenburg freezer warehouse on Monday 2 November, but the company said stores were unaffected, which limited the damage.
Its next earnings report is on Thursday 28 January 2027.
−1.52% market −0.83% Axfood fell, more than the market, which also fell clearly. Read →
Axfood fell, more than the market, which also fell clearly.
Over the last five trading days, Axfood rose sharply while the market was roughly flat.
The move is big for Axfood, with moves this size happening about ten times in the past year.
No company news explains the session's fall, so it likely reflects broader market selling.
Earlier this week, Axfood reported a hacker attack on a Gothenburg freezer warehouse, and it also expanded its organic milk supply plans.
+3.35% market +0.83% Axfood rose on organic milk supply deal news. Read →
Axfood rose on organic milk supply deal news.
Axfood rose very sharply in the last session, clearly more than the market.
Its daily move was very big for Axfood, about four times a normal day, and trading was about twice its usual level.
That day's news says Mejeriet will deliver more organic milk to Axfood, a deal that supported the move.
Over the last five trading days the stock rose sharply while OMX Stockholm 30 rose slightly, and the stock sits well above its mid-July low but below its mid-February high.
+1.70% market −0.08% Axfood rose sharply. Read →
Axfood rose sharply.
Company news did not clearly explain it.
Over the last five trading days, Axfood rose slightly, in line with OMX Stockholm 30.
Most of the recent news was about a hacker attack on its Gothenburg freezer warehouse, which was known before the session opened.
Axfood is due to report earnings on Thursday 28 January 2027.
+1.32% market −0.29% Axfood rose clearly without company news explaining it. Read →
Axfood rose clearly without company news explaining it.
Over the same days, OMX Stockholm 30 fell slightly, so Axfood moved against the market.
No company news from the last session explains the move.
Over the last five trading days, Axfood fell slightly while the market rose clearly.
Earlier news from the week included its Q3 report and several analyst target price raises, which are older background.
−0.83% market +3.01% Axfood edged down over the week while the broader Stockholm market rose clearly, so it moved against the market. Read →
Axfood edged down over the week while the broader Stockholm market rose clearly, so it moved against the market.
Its earnings report on 22 October showed growth and City Gross turning profitable, which supported sentiment earlier.
Analysts including Nordea, Danske Bank and Handelsbanken raised their target prices, the fair value they see for the shares, on 23 October, before the week began.
On 28 October Axfood and Samhall, a company that employs people with disabilities, widened their partnership to over 650 stores, a company move that may have helped sentiment.
+3.53% market −3.67% Axfood rose sharply over the last five trading days, while the broader Stockholm market fell sharply, so it moved against the market. Read →
Axfood rose sharply over the last five trading days, while the broader Stockholm market fell sharply, so it moved against the market.
The main driver looks like its third-quarter report, published yesterday, which showed City Gross turning to a profit and results roughly in line with expectations.
Several analysts, including Nordea, Danske Bank and Handelsbanken, raised their price targets, the share prices they see as fair, and kept their buy ratings, which likely supported the shares.
Trading was heavy, about three times a normal day, which suggests strong investor interest.
+1.33% market −2.51% Axfood rose clearly, moving against a falling market. Read →
Axfood rose clearly, moving against a falling market.
The rise followed its third-quarter report, published that day, which came in roughly in line with expectations.
Investors also seem to have welcomed City Gross turning profitable and Hemköp gaining market share.
Trading was about twice a normal day's volume.
Over the last five trading days Axfood rose sharply, while OMX Stockholm 30 fell clearly.
+1.71% market −0.89% Axfood rose sharply while the market fell. Read →
Axfood rose sharply while the market fell.
The company items from that session are previews of the coming report, showing analysts' expected profit, so they are not a new event that explains the rise.
Over the last five trading days Axfood rose very sharply while the OMX Stockholm 30 was roughly flat.
That was about three times its usual five-day swing, a move of this size seen only about seven times in the past year.
Likely drivers are partly the market's rotation into defensive stocks, which are steadier companies that hold up when the wider market weakens.
Learn more · Why do stocks go up and down?