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The latest announcement is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has secured an additional USD 228 million contract from an existing client to build a data center in the United States, lifting the total project value to USD 267 million after an initial USD 39 million early works award. The expanded scope covers construction of high bay areas for data halls, as well as electrical, mechanical, loading dock, office and storage facilities, with work that began in the fourth quarter of 2025 scheduled for completion in 2027, underscoring Skanska’s growing role in the data center segment and adding a significant boost to its U.S. order bookings for the final quarter of 2025.
The most recent analyst rating on ($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 is one of the world’s largest construction and project development companies, with 2024 revenue of SEK 177 billion. The group operates in selected markets across the Nordics, Europe and the USA, delivering large-scale, often innovative and sustainable projects through a workforce of about 26,300 employees, with a focus on shaping how people live, work and connect.
Average Trading Volume: 773,564
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK103.8B
See more data about SKA.B stock on TipRanks’ Stock Analysis page.