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Skanska AB ( ($SE:SKA.B) ) has shared an announcement.
Skanska has secured a USD 263 million contract to build a new data center in the USA for a repeat client, with construction starting in early 2026 and completion expected by late 2027. This project will enhance Skanska’s order bookings for the fourth quarter of 2025, reinforcing its strong presence in the US market and its commitment to developing infrastructure that supports modern connectivity needs.
The most recent analyst rating on ($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 operations across the Nordics, Europe, and the USA. In 2024, the company reported revenues totaling SEK 177 billion. Skanska focuses on creating innovative and sustainable solutions that enhance healthy living, leveraging the expertise of its approximately 26,300 employees.
Average Trading Volume: 722,901
Technical Sentiment Signal: Buy
Current Market Cap: SEK98.4B
For detailed information about SKA.B stock, go to TipRanks’ Stock Analysis page.