Skanska (SKA B) Stock Overview
Operates as a construction and project development company in the Nordics, Europe, and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
SKA B Community Fair Values
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Analyst Price Targets
Skanska AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 241.10 |
| 52 Week High | SEK 281.70 |
| 52 Week Low | SEK 218.80 |
| Beta | 0.86 |
| 1 Month Change | -3.91% |
| 3 Month Change | -8.47% |
| 1 Year Change | 4.24% |
| 3 Year Change | 60.57% |
| 5 Year Change | -1.35% |
| Change since IPO | 588.86% |
Recent News & Updates
Narrative Update • Jun 07
SKA B: US Transport Wins And Penn Project Will Support Upside Potential
Analysts have raised their Skanska price target slightly to SEK 277.50 from SEK 276.57, citing updated assumptions around revenue growth, profit margins and a modestly lower future P/E multiple following recent bullish Street research. What's in the News Penn Transformation Partners, a consortium including Skanska, was chosen as preferred bidder to act as Master Developer for the New York Penn Station Transformation Project.
Narrative Update • May 24
SKA B: Future Returns Will Rely On Executing Large US Infrastructure Contracts
Analysts have nudged their fair value estimate for Skanska to SEK300, up from SEK296, citing recent research that highlights a more constructive view on the company, supported by updated assumptions on growth, margins and future P/E multiples. Analyst Commentary Recent research points to a more constructive tone around Skanska, with bullish analysts highlighting a mix of valuation support and execution-focused arguments behind the updated fair value estimate of SEK300.
Narrative Update • May 09
SKA B: Large US Rail Wins Will Test Optimistic P/E Assumptions
Analysts have raised their Skanska price target from SEK 225 to SEK 240, citing updated assumptions regarding discount rates, revenue growth, profit margins, and future P/E that are consistent with recent supportive Street research. Analyst Commentary While the updated SEK 240 price target reflects more supportive assumptions, bearish analysts still point to several risks that they believe could cap Skanska's valuation if they materialise.Recent updates
Narrative Update • Jun 07
SKA B: US Transport Wins And Penn Project Will Support Upside Potential
Analysts have raised their Skanska price target slightly to SEK 277.50 from SEK 276.57, citing updated assumptions around revenue growth, profit margins and a modestly lower future P/E multiple following recent bullish Street research. What's in the News Penn Transformation Partners, a consortium including Skanska, was chosen as preferred bidder to act as Master Developer for the New York Penn Station Transformation Project.Narrative Update • May 24
SKA B: Future Returns Will Rely On Executing Large US Infrastructure Contracts
Analysts have nudged their fair value estimate for Skanska to SEK300, up from SEK296, citing recent research that highlights a more constructive view on the company, supported by updated assumptions on growth, margins and future P/E multiples. Analyst Commentary Recent research points to a more constructive tone around Skanska, with bullish analysts highlighting a mix of valuation support and execution-focused arguments behind the updated fair value estimate of SEK300.Narrative Update • May 09
SKA B: Large US Rail Wins Will Test Optimistic P/E Assumptions
Analysts have raised their Skanska price target from SEK 225 to SEK 240, citing updated assumptions regarding discount rates, revenue growth, profit margins, and future P/E that are consistent with recent supportive Street research. Analyst Commentary While the updated SEK 240 price target reflects more supportive assumptions, bearish analysts still point to several risks that they believe could cap Skanska's valuation if they materialise.Narrative Update • Apr 24
SKA B: New Contracts And Payouts Will Support Future Execution Risk
Analysts have increased their SEK price target for Skanska by roughly SEK 3 to reflect updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E, supported by recent bullish initiation and a SEK 1 target move in Street research. Analyst Commentary Bullish analysts are using the recent research to firm up their view of Skanska's valuation, focusing on what they see as support for current assumptions on fair value, discount rate, revenue growth, profit margins and the P/E multiple applied.Narrative Update • Apr 08
SKA B: Future Returns Will Rely On Executing Expanding Project Pipeline
Analysts have raised their price target on Skanska by SEK 1 to SEK 296, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Bullish analysts point to the updated valuation work behind the SEK 296 price target as a sign of growing confidence in Skanska's ability to support a higher fair value, even if the nominal move is small.Narrative Update • Mar 24
SKA B: Refined Assumptions And New Contracts Will Support Future Margins
Analysts have nudged their price target on Skanska higher by SEK 1, citing refreshed assumptions around discount rates, revenue growth, profit margins and future P/E that remain broadly in line with prior forecasts. Analyst Commentary Recent commentary around the SEK 1 price target adjustment focuses less on a change in direction and more on fine tuning the inputs behind Skanska's valuation framework, including discount rates, revenue growth, profit margins and future P/E assumptions.Narrative Update • Mar 10
SKA B: Refined Discount Assumptions And New Projects Will Shape Future Margins
Analysts have nudged their Skanska price target higher by SEK 1 to reflect a slightly lower discount rate and updated assumptions around long term earnings multiples. Analyst Commentary Recent commentary focuses on the slight adjustment in the Skanska price target, with analysts fine tuning their assumptions on discount rates and long term earnings multiples rather than changing their overall stance on the business.Narrative Update • Feb 24
SKA B: Refined Assumptions And New Projects Will Shape Future Margins
The analyst price target for Skanska has been adjusted from SEK 269 to about SEK 273. Analysts cited updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E following recent research where the target was raised by SEK 1.Narrative Update • Feb 08
SKA B: Cautious Order Book Execution Will Likely Pressure An Optimistic P/E
Analysts have lifted their price target on Skanska by SEK 1, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. Analyst Commentary While the latest SEK 1 price target adjustment is modest, it reflects a wider set of cautious signals that some bearish analysts are flagging around Skanska's valuation, execution, and growth assumptions.Narrative Update • Jan 24
SKA B: Revised Assumptions And New Projects Will Support Future Margins
Skanska's fair value estimate has been adjusted from SEK 265 to SEK 269. Analysts point to updated assumptions around revenue growth, margins and future P/E as consistent with the recent Street move in price targets toward SEK 270.Narrative Update • Jan 10
SKA B: Fair Outlook Will Rely On Execution In Major Infrastructure Projects
Analysts have nudged their fair value estimate for Skanska to SEK 295 from SEK 285, citing updated assumptions on revenue growth, profit margins and a more conservative future P/E multiple that aligns with recent Street target moves, such as the shift to SEK 270. Analyst Commentary Recent Street commentary around Skanska has tilted more constructive, with price targets moving higher and fair value work edging up in tandem.Analysis Article • Dec 29
Skanska AB (publ)'s (STO:SKA B) Intrinsic Value Is Potentially 47% Above Its Share Price
Key Insights The projected fair value for Skanska is kr371 based on 2 Stage Free Cash Flow to Equity Skanska is...Narrative Update • Dec 19
SKA B: Higher Construction Margins Are Expected To Reverse And Pressure Shares
Analysts have raised their fair value estimate for Skanska from approximately SEK 160 to about SEK 225 per share, citing higher expected profitability and a richer future earnings multiple, despite slightly more conservative growth assumptions and a modestly higher discount rate. Analyst Commentary Recent Street research shows that, while some targets have been revised upward in response to stronger profitability, bearish analysts remain cautious on the durability of Skanska’s earnings momentum and the balance of risk and reward at current levels.Narrative Update • Dec 05
SKA B: Richer Price Views And Project Pipeline Will Support Margins
Analysts have modestly reduced their fair value estimate for Skanska from SEK 275 to SEK 265, reflecting slightly lower long term revenue growth expectations that are only partly offset by a marginally stronger profit margin outlook and a richer external price target backdrop. Analyst Commentary Recent research updates show a generally constructive stance on Skanska, with incremental adjustments to price targets that align with slightly improved profitability assumptions but only modestly higher growth expectations.Narrative Update • Nov 21
SKA B: Major Project Pipeline Will Strengthen Performance And Margins Ahead
Narrative Update on Skanska: Analyst Price Target Change Analysts have raised Skanska's price target to SEK 270 from SEK 252, citing improved revenue growth and profit margin forecasts. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the improved price target reflects confidence in Skanska's stronger revenue growth trajectory.Analysis Article • Nov 09
Skanska AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that Skanska AB (publ) ( STO:SKA B ) filed its quarterly result this time last week...Narrative Update • Nov 05
SKA B: Project Wins and Balanced Pipeline Will Drive Steady Performance Ahead
Analysts have raised their price target for Skanska from SEK 270.50 to SEK 275.00. This change reflects slight adjustments to growth and margin forecasts.Narrative Update • Oct 22
Analysts Lift Skanska Price Target as New Contracts Offset Slight Valuation Adjustments
Analysts have moderately raised their price target for Skanska from $268 to $270.50, citing incremental improvements in cost of capital and long-term profit assumptions. What's in the News Skanska signs USD 175 million contract with Ridgeline Development Partners for The Bend, a mixed-use project in downtown Nashville, Tennessee.Narrative Update • Oct 08
Record Backlog And Sustainable Projects Will Power US And European Infrastructure Expansion
Analysts have raised Skanska's fair value estimate to SEK 268.00 from SEK 254.25. This change reflects slightly improved revenue growth projections and a lower discount rate, despite mixed signals from recent price target updates.Narrative Update • Sep 05
Record Backlog And Sustainable Projects Will Power US And European Infrastructure Expansion
With no change in key metrics such as the discount rate (6.60%) and future P/E (14.27x), the consensus analyst price target for Skanska remains steady at SEK254.25. What's in the News Skanska secured several large contracts across the US and Europe, including infrastructure (Verrazzano-Narrows Bridge main cable dehumidification, A47 Thickthorn junction upgrade, Rourke Bridge replacement), education and health (new Durham Tech health sciences building, Pacific Middle School replacement, Virginia Tech College of Engineering, Gjesdal Health Center, new nursing home in Oslo), and transport (Long Bridge North project, Wroclaw bypass).Analysis Article • Jul 08
Is There Now An Opportunity In Skanska AB (publ) (STO:SKA B)?
Skanska AB (publ) ( STO:SKA B ), is not the largest company out there, but it saw a decent share price growth of 20% on...
New Narrative • Nov 26
Surging Data Center Demand And Critical Restructuring Pave The Way For Future Growth
Strong positioning in the U.S. data center market and a robust order backlog offer prospects for stable revenue and cash flow growth.Shareholder Returns
| SKA B | SE Construction | SE Market | |
|---|---|---|---|
| 7D | -0.9% | -1.0% | 0.4% |
| 1Y | 4.2% | -1.7% | 10.5% |
Return vs Industry: SKA B exceeded the Swedish Construction industry which returned -0.8% over the past year.
Return vs Market: SKA B underperformed the Swedish Market which returned 10.5% over the past year.
Price Volatility
| SKA B volatility | |
|---|---|
| SKA B Average Weekly Movement | 3.9% |
| Construction Industry Average Movement | 5.2% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in SE Market | 13.9% |
| 10% least volatile stocks in SE Market | 3.6% |
Stable Share Price: SKA B has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: SKA B's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 26,043 | Anders Danielsson | group.skanska.com |
Skanska AB (publ) operates as a construction and project development company in the Nordics, Europe, and the United States. It operates through four segments: Construction, Residential Development, Commercial Property Development, and Investment Properties. The Construction segment builds social infrastructure, including schools, hospitals, healthcare, and judicial buildings; mass transit comprising rails, subways, and airports; highways, bridges, and tunnels; data centers and advanced tech manufacturing buildings/facilities; energy; defense-related buildings and infrastructure; offices, manufacturing, and other commercial buildings; and residential multifamily buildings.
Skanska AB (publ) Fundamentals Summary
| SKA B fundamental statistics | |
|---|---|
| Market cap | SEK 99.83b |
| Earnings (TTM) | SEK 5.75b |
| Revenue (TTM) | SEK 172.26b |
17.4x
P/E Ratio0.6x
P/S RatioIs SKA B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SKA B income statement (TTM) | |
|---|---|
| Revenue | SEK 172.26b |
| Cost of Revenue | SEK 157.34b |
| Gross Profit | SEK 14.92b |
| Other Expenses | SEK 9.18b |
| Earnings | SEK 5.75b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 13.88 |
| Gross Margin | 8.66% |
| Net Profit Margin | 3.34% |
| Debt/Equity Ratio | 17.9% |
How did SKA B perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield61%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 06:30 |
| End of Day Share Price | 2026/06/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Skanska AB (publ) is covered by 17 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Christopher Moore | Berenberg |
| Arnaud Lehmann | BofA Global Research |