Update shared on 20 Jul 2026 Fair value Increased 2.34%The analyst price target for AB Volvo has been revised higher to SEK 347.55 from SEK 339.60 as analysts factor in updated assumptions on revenue growth, profit margins and future P/E. This reflects recent Street research where price targets moved to SEK 290, SEK 350 and SEK 358 and views focused on the company's "position of structural strength." Analyst Commentary Recent Street research on AB Volvo shows a mix of optimism and caution, with price targets clustered around the SEK 290 to SEK 358 range and views shaped by the company’s capital markets day and execution track record. Bullish Takeaways - Bullish analysts point to AB Volvo’s capital markets day as highlighting a "position of structural strength," which they see as supporting the higher price targets around SEK 350 and SEK 358. - The lift in price targets to the mid to high SEK 300s is framed as aligning the stock with updated assumptions for future P/E. This implies that some see scope for the current valuation to better reflect execution and earnings power. - Upgrades into Buy territory, paired with higher targets, suggest confidence that AB Volvo can sustain its current business positioning and convert it into consistent profitability. - Supportive commentary around structural strength indicates that bullish analysts view AB Volvo’s business mix and market positioning as relatively resilient. This factors into their more constructive stance on growth and returns. Bearish Takeaways - Some bearish analysts keep more cautious ratings, even as they lift price targets to around SEK 290, signaling that they see limited upside versus current valuation or have concerns about execution risk. - The coexistence of Underweight and Buy ratings at similar absolute price levels highlights differing views on whether AB Volvo’s current P/E already reflects