Skip to main content
EN
Menu

Why Sweco stock moves

Sweco rose, against a slightly weaker market without a fresh company trigger.

Written after the close on ·

Why today

15,984 news analyzed today

Sweco rose, against a slightly weaker market without a fresh company trigger.

No company news explains the move.

Over the last five trading days Sweco rose sharply, well ahead of a slightly higher OMX Stockholm 30.

The rise is likely a continuation of the reaction to the strong third-quarter report, which beat expectations on record margins.

Analysts also raised their price target after the results, which supports sentiment.

Today's move of +1.61% was 1.8 times a normal day's 0.9%. OMX Stockholm 30 moved −0.32% on the same day.

Sweco +1.61%OMX Stockholm 30 −0.32%Against the market

Earlier days →

See the chart in ChartCompass, with every move explained →

What analysts expect, and how often they have been right

Analysts’ estimates for Sweco.

Sweco earned more than expected in 5 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

Now
Buy 5Hold 1Sell 0

A rating is the analyst’s own opinion about the share.

Price targets

Latest price 142.70 SEK

Price targets
Low 139Average 171High 200

The average target is 171.33 SEK, +20% relative to the latest price of 142.70 SEK. The range is 139.00 SEK–200.00 SEK. A target is the analyst’s estimate of a future share price. 6 analysts gave a target.

Earnings against expectations, and the share’s reaction

Earnings against expectations, and the share’s reaction1.01.41.82.22.62025-02-07: 1.74; Expected EPS: 1.697/2’25+7.0%2025-04-29: 1.87; Expected EPS: 1.9029/4’25−6.8%2025-07-16: 1.48; Expected EPS: 1.4816/7’25−8.3%2025-10-29: 1.34; Expected EPS: 1.1729/10’25+8.8%2026-02-11: 1.97; Expected EPS: 2.0111/2’26−3.8%2026-04-28: 1.76; Expected EPS: 1.7828/4’26−6.2%2026-07-17: 1.77; Expected EPS: 1.7217/7’26−0.4%2026-10-29: 1.57; Expected EPS: 1.5329/10’26−3.3%Next reported quarter: expected earnings per share of 2.35.→11/02

Expected EPSAbove estimateBelow estimateAs expectedSEK

Percentages below show the share’s report-day move; labels are report dates.

Next reported quarter: expected earnings per share of 2.35 SEK (February 11). For the current fiscal year, expected earnings per share changed from 7.40 SEK three months ago to 7.10 SEK now. 2026 estimate: 7.10 SEK. 2027 estimate: 8.17 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. November 4: Sell about 28 thousand SEK. November 4: Buy about 285 thousand SEK. November 2: Buy about 26 thousand EUR. May 22: Buy about 18 thousand SEK. April 28: Buy about 1,000 thousand SEK.

Has the share price followed the business?

Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −8% and earnings per share +7%.

Revenue, profit and market cap

Revenue, profit and market cap (bn SEK)02243652022: 24.302022: 1.6520222023: 28.522023: 1.6720232024: 30.682024: 2.0720242025: 31.592025: 2.232025Now2026: 33.8120262027: 36.2620272022: 35.81362023: 48.52492024: 59.26592025: 54.4254Now: 51.5552

RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK

Market cap is 1.6 times 2025 revenue, against 1.5 in 2022. Profit in 2025: 2.2 bn SEK.

Assets, liabilities and market cap

Assets, liabilities and market cap (bn SEK)02243652022: 21.922022: 11.9720222023: 25.512023: 14.9220232024: 28.302024: 16.3720242025: 29.892025: 17.472025Now2022: 35.81362023: 48.52492024: 59.26592025: 54.4254Now: 51.5552

AssetsLiabilitiesMarket capbn SEK

Assets minus liabilities leave 12.4 bn SEK for shareholders. Market cap is 4.1 times that equity.

Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 51.5 bn SEKRevenue 2025: 31.6 bn SEK

What the key figures say about Sweco

The figures connect what Sweco earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share6.57 SEK
NowEarnings per share2022: 4.60222023: 4.64232024: 5.75242025: 6.16252026: 7.10262027: 8.17272022: 99.852023: 135.102024: 164.702025: 150.90

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: 4.60 SEK–6.16 SEK. Peers: Bravida Holding 7.37 SEK, Skanska 16.45 SEK, NCC -4.88 SEK. 2026 estimate: 7.10 SEK (6.71 SEK–7.63 SEK). 2027 estimate: 8.17 SEK (7.52 SEK–8.89 SEK).

Revenue33.1 bn SEK
NowRevenue2022: 24,296,000,000.00222023: 28,523,000,000.00232024: 30,676,000,000.00242025: 31,586,000,000.00252026: 33,811,770,500.00262027: 36,257,661,180.00272022: 99.852023: 135.102024: 164.702025: 150.90

What the company sold during the year.

2022–2025: 24.3 bn SEK–31.6 bn SEK. Peers: Bravida Holding 29.6 bn SEK, Skanska 178.3 bn SEK, NCC 53.7 bn SEK. 2026 estimate: 33.8 bn SEK (33.7 bn SEK–34.0 bn SEK). 2027 estimate: 36.3 bn SEK (35.4 bn SEK–37.0 bn SEK).

Operating margin10.9%
NowOperating margin2022: 9.42222023: 9.14232024: 10.37242025: 10.89252022: 99.852023: 135.102024: 164.702025: 150.90

The percentage of revenue left after the costs of running the business.

2022–2025: 9.1%–10.9%. Peers: Bravida Holding 6.2%, Skanska 3.9%, NCC 2.8%.

Return on equity18.7%
NowReturn on equity2022: 16.61222023: 15.74232024: 17.38242025: 17.93252022: 99.852023: 135.102024: 164.702025: 150.90

Profit as a percentage of shareholders’ money in the company.

2022–2025: 15.7%–17.9%. Peers: Bravida Holding 16.5%, Skanska 11.0%, NCC −0.6%.

P/E21.7
NowP/E2022: 21.71222023: 29.12232024: 28.64242025: 24.50252026: 20.09262027: 17.4727

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 21.7–29.1. Peers: Bravida Holding 19.4, Skanska 17.5. 2026 estimate: 20.1. 2027 estimate: 17.5.

Market cap per unit of revenue (P/S)1.56
NowMarket cap per unit of revenue (P/S)2022: 1.47222023: 1.70232024: 1.93242025: 1.72252026: 1.52262027: 1.4227

What investors pay for each unit the company sells.

2022–2025: 1.47–1.93. Peers: Bravida Holding 0.98, Skanska 0.67, NCC 0.34. 2026 estimate: 1.52. 2027 estimate: 1.42.

Dividend per share3.70 SEK
NowDividend per share2017: 1.43172018: 1.67182019: 1.83192020: 2.07202021: 2.20212022: 2.45222023: 2.70232024: 2.95242025: 3.3025

Money paid to shareholders per share, summed by calendar year.

2017–2025: 1.43 SEK–3.30 SEK.

Dividend yield2.6%
NowDividend yield2022: 2.45222023: 2.00232024: 1.79242025: 2.1925

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 1.8%–2.5%. Peers: Bravida Holding 2.6%, Skanska 3.0%, NCC 4.8%.

Net debt / EBITDA1.61
NowNet debt / EBITDA2022: 1.07222023: 1.47232024: 1.14242025: 1.0825

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 1.07–1.47. Peers: Bravida Holding 1.34, Skanska -0.37, NCC 1.00.

More key figures
Market cap / equity (P/B)3.82
NowMarket cap / equity (P/B)2022: 3.60222023: 4.58232024: 4.97242025: 4.3825

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 3.60–4.97. Peers: Bravida Holding 3.06, Skanska 1.86, NCC 2.20.

EV / EBIT18.5
2025EV / EBIT2022: 17.63222023: 22.31232024: 21.16242025: 18.4725

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 17.6–22.3.

Free cash flow per share9.20 SEK
NowFree cash flow per share2022: 6.12222023: 5.94232024: 10.21242025: 9.95252022: 99.852023: 135.102024: 164.702025: 150.90

Cash left after investments, divided by the number of shares.

2022–2025: 5.94 SEK–10.21 SEK. Peers: Bravida Holding 11.87 SEK, Skanska 28.04 SEK, NCC 18.78 SEK.

Equity ratio41.5%
2025Equity ratio2022: 45.35222023: 41.51232024: 42.12242025: 41.5525

The percentage of assets financed by shareholders’ equity.

2022–2025: 41.5%–45.4%.

The dividend explained

A dividend is money paid to shareholders. Sweco paid 3.70 SEK per share in the twelve months through November 5, 2026.

On the ex-dividend day, April 23, 2026, Sweco traded without the right to the 3.70 SEK dividend. The price went from 148.50 SEK to 144.50 SEK; including the dividend, the day's change was −0.2%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.

2017: 1.43 SEK2018: 1.67 SEK2019: 1.83 SEK2020: 2.07 SEK2021: 2.20 SEK2022: 2.45 SEK2023: 2.70 SEK2024: 2.95 SEK2025: 3.30 SEK2026 so far: 3.70 SEK

Sweco, A or B?

A and B are two share classes in Sweco. The classes can carry different voting rights and trade at different prices.

What to watch next, and why

The earnings report shows how Sweco's revenue and profit have changed.

  • Earnings report

    The earnings report shows how Sweco's revenue and profit have changed.

    Add to calendar
More about Sweco

Insider trades

People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.

  • Patrick Sandoval, board memberSellabout 28 thousand SEK
  • Katrien Beuls, board memberBuyabout 285 thousand SEK
  • Constanze Hufenbecher, board memberBuyabout 26 thousand EUR
  • Maria Ekh, board memberBuyabout 18 thousand SEK
  • Åsa Bergman, CEOBuyabout 1,000 thousand SEK

Earnings report

Next report: · Add to calendar · Google Calendar

Report day6.2%

Normal day0.9%

On its last 15 report days Sweco usually moved about 6.2%. On a normal day it moves 0.9%.

−3.28% Why? −0.38% −6.23% −3.84%

10,000 SEK in Sweco bought on November 7, 2016 is worth 29,900 SEK today, with dividends reinvested.

What would 10,000 SEK in Sweco be worth today? →

What would 10,000 SEK in Sweco be worth today?

29,900 SEK

with dividends reinvested, bought on November 7, 2016.

The five biggest days of the journey

· +15.6% · the whole market fell 0.4% the same day · report day

· +15.1% · the whole market fell 0.7% the same day · report day

· −13.7% · the whole market fell 0.3% the same day · report day

· −12.7% · the whole market fell 10.6% the same day

· −12.5% · the whole market fell 0.1% the same day · report day

Earlier days

  • +1.21% market −0.11% Sweco rose slightly over the week while the OMX Stockholm 30 was roughly flat. Read →

    Sweco rose slightly over the week while the OMX Stockholm 30 was roughly flat.

    Last session it fell clearly, more than the market.

    Company news this week was mostly small: board members bought shares, and Handelsbanken raised its price target, the share price it sees as fair, on Monday.

    The week's largest company news came before it, with the strong third-quarter report on 29 October.

  • +0.63% market +0.83% Sweco rose, moving in line with the market. Read →

    Sweco rose, moving in line with the market.

    Over the last five trading days the shares were roughly unchanged, while OMX Stockholm 30 rose slightly.

    The move was an ordinary size for Sweco, with trading around its usual level.

    Shares fell after the strong Q3 2026 results last week, which were in line with expectations, and Handelsbanken then raised its price target, the share price it sees as fair.

  • +1.84% market +0.48% Sweco rose clearly, beating a slight market gain. Read →

    Sweco rose clearly, beating a slight market gain.

    Handelsbanken raised its price target, the share price it sees as fair, to 155 kronor from 150, and kept its buy rating.

    This was a fresh analyst call, and it followed strong margins in the quarterly results released last week.

    Over the last five trading days, Sweco rose slightly, in line with the broader Stockholm market, which rose more clearly.

    The earlier quarterly report was received mixed, with shares falling sharply on the day, but the stock has since recovered somewhat.

  • +2.03% market +3.01% Sweco rose slightly over the week, moving broadly in line with the Stockholm market. Read →

    Sweco rose slightly over the week, moving broadly in line with the Stockholm market.

    The main driver was the third-quarter report on Thursday, 29 October, which showed the strongest third quarter in the company's history with a higher profit margin, beating expectations.

    Shares initially fell in early trading, likely because the strong margin was partly offset by weak underlying demand, but they recovered during the day.

    On Friday, 30 October, Handelsbanken raised its price target (the share price it sees as fair value) to SEK 155 from SEK 150 and kept its buy rating.

  • −3.28% market +0.41% Sweco fell sharply while the market rose slightly. Read →

    Sweco fell sharply while the market rose slightly.

    Sweco fell sharply on its Q3 report day, moving against a rising market.

    The report showed its strongest third quarter to date, with net sales up 7 per cent.

    The stock still rose slightly over the last five trading days, moving less than the market.

    The move was very big, about three times a normal day for Sweco, with heavy trading.

Learn more · Why do stocks go up and down?

All companies