Axfood AB Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Axfood AB stock has a consensus rating of "Hold" and an average price target of kr 286.67. The average 1-year stock price forecast is 6.69% higher than the current stock price, while the lowest is kr 235.00 (-12.54%) and the highest is kr 335.00 (+24.67%).

Price Target: kr 286.67 (+6.69%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	kr 235.00	kr 286.67	kr 280.00	kr 335.00
Change	-12.54%	+6.69%	+4.21%	+24.67%

* Price targets were last updated on Jun 6, 2026.

Analyst Ratings

The average analyst rating for Axfood AB stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	1	0	1	1	1
Buy	0	0	0	0	0	0
Hold	3	4	5	5	5	5
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	5	5	5	6	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Trainor Bernstein	Bernstein	Sell Maintains kr 235.00	Sell	Maintains	kr 235.00	-12.54%	Jun 6, 2026
Erik Sandstedt Kepler Capital	Kepler Capital	Hold Maintains kr 340.00 → kr 315.00	Hold	Maintains	kr 340.00 → kr 315.00	+17.23%	Apr 23, 2026

Financial Forecast

Revenue This Year

91.81B

from 89.15B

2.98%

from 89.15B

Revenue Next Year

95.82B

from 91.81B

4.38%

from 91.81B

EPS This Year

12.46

from 11.37

9.54%

from 11.37

EPS Next Year

13.87

from 12.46

11.36%

from 12.46

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	57.89B	73.47B	81.11B	84.06B	89.15B	91.81B
Revenue Growth	7.81%	26.92%	10.39%	3.63%	6.06%	2.98%
Gross Profit	8.95B	10.08B	11.58B	12.23B	13.13B	13.65B
Gross Margin	15.45%	13.72%	14.27%	14.55%	14.73%	14.87%
Operating Income	2.65B	2.98B	3.65B	3.48B	3.61B	3.95B
Net Income	2.15B	2.36B	2.36B	2.19B	2.34B	2.65B
EPS	-	-	-	-	11.37	12.46
EPS Growth	-	-	-	-	7.13%	9.54%
Forward PE	27.11	26.34	22.63	20.28	22.61	21.57
Dividend / Share	7.75	8.15	8.50	8.75	9.00	9.67
Dividend Growth	-	5.16%	4.29%	2.94%	2.86%	7.46%
Free Cash Flow	2.17B	2.61B	3.44B	3.35B	4.29B	4.18B
No. Analysts	-	-	-	-	-	7

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

Revenue Forecast

Revenue	2026	2027	2028
High	92.3B
Avg	91.8B
Low	91.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.6%
Avg	3.0%
Low	2.2%

EPS Forecast

EPS	2026	2027	2028
High	12.81
Avg	12.46
Low	12.17

EPS Growth

EPS Growth	2026	2027	2028
High	12.6%
Avg	9.5%
Low	7.0%