Holmen AB Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Holmen AB stock has a consensus rating of "Hold" and an average price target of kr 343.89. The average 1-year stock price forecast is 14.25% higher than the current stock price, while the lowest is kr 286.00 (-4.98%) and the highest is kr 420.00 (+39.53%).

Price Target: kr 343.89 (+14.25%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	kr 286.00	kr 343.89	kr 335.00	kr 420.00
Change	-4.98%	+14.25%	+11.30%	+39.53%

Analyst Ratings

The average analyst rating for Holmen 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	1	1	1	2	2	3
Buy	0	0	0	0	0	0
Hold	4	4	4	3	3	3
Sell	3	3	2	2	2	2
Strong Sell	1	1	1	1	1	1
Total	9	9	8	8	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ephrem Ravi Citi	Citi	Hold Maintains kr 350.00 → kr 335.00	Hold	Maintains	kr 350.00 → kr 335.00	+11.30%	Jul 1, 2026
Cole Hathorn Jefferies	Jefferies	Hold Maintains kr 376.00 → kr 359.00	Hold	Maintains	kr 376.00 → kr 359.00	+19.27%	May 4, 2026
Detlef Winckelmann J.P. Morgan	J.P. Morgan	Sell Maintains kr 313.00 → kr 306.00	Sell	Maintains	kr 313.00 → kr 306.00	+1.66%	Jan 29, 2026
Ioannis Masvoulas Morgan Stanley	Morgan Stanley	Sell Maintains kr 330.00	Sell	Maintains	kr 330.00	+9.63%	Jan 8, 2026

Financial Forecast

Revenue This Year

21.73B

from 22.81B

-4.71%

from 22.81B

Revenue Next Year

21.88B

from 21.73B

0.70%

from 21.73B

EPS This Year

15.17

from 18.50

-17.98%

from 18.50

EPS Next Year

16.58

from 15.17

9.23%

from 15.17

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	20.06B	24.80B	23.58B	23.71B	22.81B	21.73B
Revenue Growth	20.09%	23.62%	-4.93%	0.56%	-3.81%	-4.71%
Operating Income	2.95B	6.57B	4.17B	2.78B	2.26B	3.11B
Net Income	3.00B	5.87B	3.70B	2.86B	2.88B	2.37B
EPS	-	-	-	-	18.50	15.17
EPS Growth	-	-	-	-	2.78%	-17.98%
Forward PE	24.48	16.28	20.42	21.10	19.91	19.84
Dividend / Share	7.50	8.00	8.50	9.00	9.50	9.73
Dividend Growth	-	6.67%	6.25%	5.88%	5.56%	2.45%
Free Cash Flow	352.88M	-576.25M	6.62B	1.02B	232.63M	2.54B
No. Analysts	-	-	-	-	-	8

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

Revenue Forecast

Revenue	2026	2027	2028
High	23.3B
Avg	21.7B
Low	21.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	2.0%
Avg	-4.7%
Low	-7.9%

EPS Forecast

EPS	2026	2027	2028
High	18.80
Avg	15.17
Low	13.47

EPS Growth

EPS Growth	2026	2027	2028
High	1.6%
Avg	-18.0%
Low	-27.2%