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An update from Skanska AB ( ($SE:SKA.B) ) is now available.
Skanska, in joint venture with Traylor Bros. and Walsh Construction, has secured a major role in the USD 1.29 billion Hudson Tunnel Project’s Package 1C in New York, with Skanska’s share valued at USD 363 million, about SEK 3.4 billion, to be booked in the second quarter of 2026. The contract covers the construction of two new single-track passenger rail tunnel tubes beneath the Hudson River, including tunnel lining, floors, cross passages, ground stabilization near the Hudson-Bergen Light Rail, and underpinning of the Willow Avenue Bridge, underscoring Skanska’s position in large U.S. infrastructure and rail projects and expanding its American order backlog.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK300.00 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 AB is one of the world’s largest construction and project development companies, operating across selected markets in the Nordics, Europe and the U.S. The group focuses on large-scale infrastructure and building projects, generating SEK 179 billion in revenue in 2025 and leveraging about 25,900 employees to deliver innovative, sustainable solutions for urban living and transportation.
YTD Price Performance: 3.85%
Average Trading Volume: 881,585
Technical Sentiment Signal: Buy
Current Market Cap: SEK101.9B
See more data about SKA.B stock on TipRanks’ Stock Analysis page.