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Skanska AB ( ($SE:SKA.B) ) just unveiled an update.
Skanska has secured a USD 99 million (about SEK 900 million) contract from the Issaquah School District to build phase one of a new high school in Issaquah, Washington. The award will be booked in the U.S. order intake for the first quarter of 2026, reinforcing Skanska’s American portfolio and its role in large-scale public education infrastructure.
The project includes initial construction of the new Issaquah High School, a covered parking garage, an athletic field and related site amenities, along with extensive right-of-way work to upgrade public infrastructure and access. Work is scheduled to begin in April 2026 and conclude by August 2027, supporting regional growth while underlining Skanska’s position in the Pacific Northwest institutional construction market.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK275.00 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, generating SEK 179 billion in revenue in 2025. The group operates across select markets in the Nordics, Europe and the USA, focusing on innovative, sustainable solutions that shape how people live, work and connect, supported by a workforce of about 25,900 employees.
YTD Price Performance: -2.46%
Average Trading Volume: 822,065
Technical Sentiment Signal: Buy
Current Market Cap: SEK101.3B
Learn more about SKA.B stock on TipRanks’ Stock Analysis page.