tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Skanska Expands Data Center Project in Virginia with $58M Contract

Story Highlights
Skanska Expands Data Center Project in Virginia with $58M Contract

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest update is out from Skanska AB ( ($SE:SKA.B) ).

Skanska has secured an additional contract valued at USD 58 million to complete the interior build-out of a data center in Virginia, USA. This expansion highlights Skanska’s continued growth in the US market and its commitment to delivering large-scale infrastructure projects, with completion expected in early 2027.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

More about Skanska AB

Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions that support healthy living.

Average Trading Volume: 731,467

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK102B

For an in-depth examination of SKA.B stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1