SSAB stock holds at SEK 105.55 as targets rise

Published on 09/22/2026 at 20:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SSAB stock closed at SEK 105.55 on September 21, 2026, after a 1.54 percent fall. Arctic lifted its target to SEK 124, while Q3 results are due October 28.

Aquarellmalerei der Stockholmer Skyline mit Wasser und Altstadt — Aquarellbild stellt SSAB AB, ISIN SE0000108656, mit stimmungsvoller Ansicht der Stadt Stockholm dar, Illustration mit AI erstellt.

SSAB stock (ISIN SE0000108656) closed at SEK 105.55 on Nasdaq Stockholm on September 21, 2026, down 1.54 percent from the previous close. The latest analyst updates point to a divided view on valuation rather than a single market signal.

Targets move above the share price

According to MarketScreener on September 22, 2026, Arctic raised its SSAB target to SEK 124 from SEK 112 and reiterated a Buy rating. The SEK 12 increase represents a 10.7 percent rise in Arctic's target, while the new level stands SEK 18.45 above the September 21 closing price.

According to Ad Hoc News on September 22, 2026, Bank of America raised its target from SEK 120 to SEK 122 while retaining a Neutral rating. That target increase was smaller at SEK 2, but it still placed the new target SEK 16.45 above the latest close.

Q3 date sets the next checkpoint

The next explicitly listed reporting date is October 28, 2026, according to Ad Hoc News on September 22, 2026. MarketScreener also lists October 28, 2026 for SSAB's third-quarter 2026 results, providing a dated checkpoint for the next operating update.

The available company profile identifies SSAB as a steel producer with 14,696 employees and reports that 78.6 percent of net sales comes from steel processing, according to MarketScreener. These dated operating figures provide business context, although the immediate trading story is being shaped by the target revisions and the upcoming Q3 date.

Stock closes after a measured decline

SSAB stock ended the completed September 21, 2026 session at SEK 105.55 on Nasdaq Stockholm, with a daily change of minus 1.54 percent. The closing level was SEK 5.05 above the five-day performance reference shown in the same market snapshot, while the year-to-date performance was 49.76 percent.