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An update from Sandvik AB ( (SE:SAND) ) is now available.
Sandvik has secured a significant order from Northern Star Resources Ltd, a leading Australian gold producer, for underground mining equipment valued at approximately SEK 260 million. This deal, expected to enhance productivity, safety, and sustainability, will see deliveries of trucks and loaders beginning in early 2026, reinforcing Sandvik’s position in the mining sector.
The most recent analyst rating on (SE:SAND) stock is a Buy with a SEK308.00 price target. To see the full list of analyst forecasts on Sandvik AB stock, see the SE:SAND Stock Forecast page.
More about Sandvik AB
Sandvik is a global, high-tech engineering group that provides solutions to enhance productivity, profitability, and sustainability in the manufacturing, mining, and infrastructure industries. The company focuses on digitalization and optimizing customer processes, offering equipment, tools, services, and digital solutions for machining, mining, rock excavation, and rock processing. In 2024, Sandvik had approximately 41,000 employees and revenues of about SEK 123 billion across more than 150 countries.
YTD Price Performance: 51.09%
Average Trading Volume: 1,898,265
Technical Sentiment Signal: Buy
Current Market Cap: SEK365.2B
See more insights into SAND stock on TipRanks’ Stock Analysis page.