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An announcement from Skanska AB ( ($SE:SKA.B) ) is now available.
Skanska has secured a USD 256 million contract to build a new data center in the USA, which will be added to its US order bookings for the fourth quarter of 2025. The project, set to begin in early 2026 and complete by late 2027, involves constructing the data center’s shell and interior, enhancing Skanska’s presence in the US market and potentially strengthening its industry positioning.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 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 a focus on creating innovative and sustainable solutions. Operating across select markets in the Nordics, Europe, and the USA, the company reported 2024 revenues of SEK 177 billion and employs approximately 26,300 people.
Average Trading Volume: 673,298
Technical Sentiment Signal: Buy
Current Market Cap: SEK98.64B
For an in-depth examination of SKA.B stock, go to TipRanks’ Overview page.