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The latest update is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has secured an additional contract valued at USD 105 million to complete the interior build-out of a data center in Virginia, USA, expanding its US order bookings for the fourth quarter of 2025. This project, scheduled for completion in early 2027, underscores Skanska’s strategic focus on the data center market, enhancing its industry positioning and offering potential growth opportunities for stakeholders.
The most recent analyst rating on ($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. Operating across select markets in the Nordics, Europe, and the USA, Skanska leverages its expertise to create innovative and sustainable solutions that promote healthy living.
Average Trading Volume: 731,467
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK102B
For detailed information about SKA.B stock, go to TipRanks’ Stock Analysis page.