Afry AB Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Afry AB stock has a consensus rating of "Buy" and an average price target of kr 145.00. The average 1-year stock price forecast is 27.53% higher than the current stock price, while the lowest is kr 115.00 (+1.14%) and the highest is kr 200.00 (+75.90%).

Price Target: kr 145.00 (+27.53%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	kr 115.00	kr 145.00	kr 130.00	kr 200.00
Change	+1.14%	+27.53%	+14.34%	+75.90%

* Price targets were last updated on May 8, 2026.

Analyst Ratings

The average analyst rating for Afry AB stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	2	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	4	4	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Adela Dashian Jefferies	Jefferies	Buy Maintains kr 210.00 → kr 200.00	Buy	Maintains	kr 210.00 → kr 200.00	+75.90%	May 8, 2026

Financial Forecast

Revenue This Year

25.33B

from 25.76B

-1.66%

from 25.76B

Revenue Next Year

26.64B

from 25.33B

5.18%

from 25.33B

EPS This Year

10.62

from 8.18

29.81%

from 8.18

EPS Next Year

13.96

from 10.62

31.46%

from 10.62

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	20.10B	23.55B	26.98B	27.16B	25.76B	25.33B
Revenue Growth	5.86%	17.15%	14.55%	0.68%	-5.16%	-1.66%
Gross Profit	3.92B	4.23B	5.08B	5.14B	4.65B	20.27B
Gross Margin	19.50%	17.95%	18.84%	18.94%	18.06%	80.00%
Operating Income	1.66B	1.68B	1.94B	2.10B	1.58B	1.73B
Net Income	1.13B	974.00M	1.10B	1.23B	800.00M	1.12B
EPS	-	-	-	-	8.18	10.62
EPS Growth	-	-	-	-	-31.51%	29.81%
Forward PE	20.53	14.59	12.43	12.46	14.10	10.71
Dividend / Share	5.50	5.50	5.50	6.00	6.00	6.77
Dividend Growth	-	-	-	9.09%	-	12.87%
Free Cash Flow	1.08B	707.13M	1.63B	1.68B	2.21B	1.28B
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SEK.

Revenue Forecast

Revenue	2026	2027	2028
High	25.5B
Avg	25.3B
Low	25.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-0.9%
Avg	-1.7%
Low	-3.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	10.62
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	29.8%
Low	-