Volvo Sales to Get Boost From Rebound in North American Truck Market -- Market Talk

0825 GMT - Volvo sales should benefit from a rebound in the North American truck market, AlphaValue analyst Adrien Brasey writes. The bank raises its full-year 2026 sales estimate by 3.5% to 499 billion Swedish kronor. However, it has trimmed its EBIT estimate by around 1% to 54.7 billion kronor, implying an 11.0% margin, mainly reflecting lower profitability expectations in both trucks and construction equipment, amid higher material and freight cost inflation. For 2027, the bank has raised its sales estimate by 7% to 550 billion kronor, driven by a recovery in both trucks and construction equipment. Its 2027 EBIT estimate increases 15% to 68 billion kronor, implying a 12.4% margin. It as a reduce rating on Volvo stock with a 356 kronor target price. Shares fall 1.8% to 317 kronor. (dominic.chopping@wsj.com)

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October 20, 2026 04:25 ET (08:25 GMT)