Husqvarna AB (HUSQ.B) AI Stock Analysis

• Market Cap: kr31.51B
• Dividend Yield: 35.78%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 24.7
• Beta (1Y): 1.38
• Revenue Growth: -2.20%
• EPS Growth: -25.14%
• Country: SE
• Employees: 12,596
• Sector: Consumer Defensive
• Sector Strength: 47
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 2.73
• Shares Outstanding: 468,518,600
• 10 Day Avg. Volume: 713,737
• 30 Day Avg. Volume: 1,115,389
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr56.75
• Price Target Upside: 3.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 66 Neutral
• Price Target: kr57.00 ▲(4.36% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and profitability. Technical analysis suggests a positive short-term trend, which supports the score. Valuation concerns due to a high P/E ratio are mitigated by an attractive dividend yield, balancing the overall assessment.

Husqvarna AB Business Overview & Revenue Model

Company Description

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and cutting and surface preparation equipment. It operates through three divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts. The Gardena division provides watering systems; robotic mowers, trimmers, hedge cutters, and shrub shears; garden tools, such as secateurs, loppers, axes, and digging tools; and smart garden systems. The Husqvarna Construction division offers power cutters, light compaction and concrete placement equipment, floor grinding machines, dust and slurry solutions, diamond tools for construction and stone industries, floor saws, and demolition robots. The company sells its products and solutions to forestry, tree care, landscaping, commercial lawn, and garden services sectors, as well as home and garden owners, and light construction and stone industries primarily under the Husqvarna, Gardena, Orbit, Diamant Boart, Jonsered, Flymo, RedMax, Zenoah, and McCulloch brands through dealers and retailers. It operates in Germany, France, Sweden, Austria, rest of Europe, the Asia/Pacific, Canada, the United States, Latin America, and internationally. Husqvarna AB (publ) was founded in 1689 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Husqvarna generates revenue through the sale of its wide range of products in the outdoor power equipment and construction sectors. The Outdoor Products segment is the primary revenue driver, providing products that cater to both professional landscapers and casual gardeners. The company also benefits from a growing market for robotic lawn mowers, which are a focus of innovation and investment. In addition to product sales, Husqvarna earns money through aftermarket services, including parts, accessories, and maintenance services, which contribute to recurring revenue. Strategic partnerships with retailers and distributors enhance market penetration and brand visibility, while a focus on e-commerce and digital marketing helps reach a broader customer base. Furthermore, initiatives aimed at sustainability and eco-friendly products resonate with consumer trends, potentially elevating sales and customer loyalty.

Husqvarna AB Financial Statement Overview

Summary

Husqvarna faces challenges with declining revenue and profitability, as reflected in the income statement. The balance sheet remains stable with moderate leverage, but profitability metrics could improve. Cash flow generation is positive but declining, indicating potential liquidity issues. Overall, the company needs to address revenue growth and margin pressures to enhance financial performance.

Income Statement

Husqvarna's income statement shows a declining trend in revenue with a negative growth rate of -31.7% in the TTM period. Margins have also compressed, with the gross profit margin at 28.7% and net profit margin at 2.65%, indicating reduced profitability. The EBIT and EBITDA margins have also decreased, reflecting operational challenges. Despite these issues, the company maintains a positive net income, which is a positive aspect.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.57, indicating a balanced approach to leverage. The return on equity is relatively low at 5.21%, suggesting limited efficiency in generating returns from equity. The equity ratio stands at 42.2%, showing a stable capital structure. Overall, the balance sheet is stable but shows room for improvement in profitability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by -25.42% in the TTM period, indicating potential liquidity challenges. The operating cash flow to net income ratio is 0.34, suggesting moderate cash generation efficiency. The free cash flow to net income ratio is 0.59, reflecting a reasonable conversion of earnings to cash. While cash flow generation is positive, the declining trend is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	48.18B	48.35B	53.26B	54.04B	47.06B	41.94B
Gross Profit	13.85B	14.30B	17.62B	14.61B	15.51B	12.58B
EBITDA	3.14B	5.68B	6.34B	5.46B	7.88B	5.82B
Net Income	1.28B	1.32B	2.18B	1.94B	4.44B	2.49B
Balance Sheet
Total Assets	58.41B	56.80B	57.61B	61.64B	50.92B	43.52B
Cash, Cash Equivalents and Short-Term Investments	3.48B	1.97B	1.53B	2.33B	2.21B	6.15B
Total Debt	14.03B	14.52B	17.25B	18.98B	10.06B	10.90B
Total Liabilities	33.77B	32.18B	33.84B	37.62B	29.27B	26.45B
Stockholders Equity	24.64B	24.62B	23.77B	24.00B	21.63B	17.06B
Cash Flow
Free Cash Flow	3.64B	4.23B	4.44B	-4.05B	3.14B	6.09B
Operating Cash Flow	6.17B	6.84B	7.07B	-1.71B	5.66B	8.08B
Investing Cash Flow	-2.10B	-2.46B	-2.65B	-2.30B	-6.38B	-2.40B
Financing Cash Flow	-2.57B	-3.98B	-5.16B	3.98B	-3.36B	-1.28B

Husqvarna AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 54.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HUSQ.B, the sentiment is Neutral. The current price of 54.62 is below the 20-day moving average (MA) of 55.18, above the 50-day MA of 53.16, and above the 200-day MA of 53.44, indicating a neutral trend. The MACD of 0.76 indicates Positive momentum. The RSI at 48.74 is Neutral, neither overbought nor oversold. The STOCH value of 9.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:HUSQ.B.

Husqvarna AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUSQ.B	66 Neutral	kr31.51B	24.68	5.10%	35.78%	-2.20%	-25.14%
Sector *	63 Neutral	$20.42B	14.38	-2.77%	3.17%	2.07%	-6.17%
0GQE	―	kr22.11B	25.09	41.51%	―	―	―
0NWX	―	kr111.40B	20.85	9.91%	―	―	―
0R3W	―	kr29.03B	27.94	14.77%	―	―	―
RUSTA	66 Neutral	kr11.82B	24.59		1.49%	―	―

Husqvarna AB Corporate Events

Husqvarna AB Reports Strong Q2 Organic Growth and Improved Profitability

Husqvarna AB reported a 5% organic sales growth in Q2 2025, despite a 1% decrease in net sales due to exchange rate impacts. The company improved its operating margin to 13.4% and reduced net debt by SEK 3.3bn. The Forest & Garden Division saw robust demand for robotic mowers, while the Gardena Division experienced significant growth in the watering category. The Construction Division faced challenges in North America but improved operating income through cost-saving measures. Husqvarna continues to focus on operational efficiency, cost-saving, and sustainability, having achieved significant progress in reducing CO2 emissions and empowering sustainable choices.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group Appoints New CEO Amid Strategic Transition

Husqvarna AB has appointed Glen Instone as the new CEO, effective August 11, 2025. Instone, currently the President of the Husqvarna Forest and Garden Division, will succeed Pavel Hajman. The transition marks a strategic phase for Husqvarna, with Instone expected to play a central role in shaping the company’s updated strategy. This leadership change is anticipated to further strengthen Husqvarna’s position in the market, continuing its legacy of innovation and customer focus.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group: Leading in Sustainability for the Second Year

Husqvarna Group has been recognized for the second consecutive year by TIME and Statista as one of the World’s Most Sustainable Companies, ranking among the top Swedish companies on the 2025 global list. This recognition underscores Husqvarna’s commitment to sustainability, demonstrated by a significant reduction in greenhouse gas emissions by over 50% since the end of 2015, while maintaining profitable growth. The company’s focus on strategic innovation and operational excellence highlights its dedication to sustainable practices and positions it as a leader in the industry.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group to Release Q2 2025 Financial Results

Husqvarna Group announced it will release its second quarter results for 2025 on July 18. The results will be presented via a webcast and conference call hosted by CEO Pavel Hajman and CFO Terry Burke, with a Q&A session to follow. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group Appoints New Head of Investor Relations

Husqvarna Group has announced the appointment of Emelie Alm as the new Head of Investor Relations, effective September 8, 2025. Emelie, who brings experience from Alleima, Sandvik, Viaplay, and MTG, will report to CFO Terry Burke. This leadership change follows Johan Andersson’s departure and is expected to strengthen Husqvarna’s investor relations strategy, potentially impacting stakeholder engagement and the company’s market positioning.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group Named Among Europe’s Best Employers

Husqvarna Group has been recognized as one of Europe’s Best Employers in 2025 by the Financial Times and Statista, highlighting the company’s dedication to creating a supportive and attractive workplace. This recognition underscores Husqvarna’s commitment to fostering an inclusive and dynamic environment, which is seen as fundamental to its success and growth. The company, also noted as a diversity leader, employs over 12,300 people globally, emphasizing cultural values that drive both business and individual success.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

Husqvarna Group Announces Key Management Change

Husqvarna Group has announced a change in its management team with the departure of Leigh Dagberg, Executive Vice President People & Organization, and the appointment of Maria Rönnberg as her successor, effective August 1, 2025. This transition is expected to continue the company’s focus on developing the right capabilities, organization, and culture to maintain its competitive edge in the future.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.