Husqvarna AB (SE:HUSQ.B)
:HUSQ.B
Want to see SE:HUSQ.B full AI Analyst Report?
Top Page
Husqvarna AB
(HUSQ.B)
Select Model
Select Model
Rating:62Neutral
Price Target:
kr48.00
â–²(4.73% Upside)
Action:ReiteratedDate:04/24/26
The score is mainly held back by soft revenue momentum and a clear recent deterioration in cash generation and cash conversion. Offsetting factors include a solid balance sheet with improved leverage, reasonable valuation (P/E ~15 and ~2.2% yield), and neutral-to-improving technical momentum, though the stock remains below its 200-day average.
Positive Factors
Diversified product and channel mix
A broad portfolio across consumer, professional and light construction segments and multiple channels reduces concentration risk. The mix supports aftermarket and service revenue streams tied to an installed base, cushioning cyclical product sales and supporting durable revenue sources over time.
Negative Factors
Weakening cash generation and low cash conversion
Substantially weaker operating cash flow and a free cash flow-to-income ratio below 50% constrain internal funding for capex, working capital and dividends. Persistent weak conversion reduces resilience to prolonged downturns and may force reliance on external financing, increasing execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified product and channel mix
A broad portfolio across consumer, professional and light construction segments and multiple channels reduces concentration risk. The mix supports aftermarket and service revenue streams tied to an installed base, cushioning cyclical product sales and supporting durable revenue sources over time.
Read all positive factors
Husqvarna AB (HUSQ.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr25.62B
Dividend Yield2.2%
Average Volume (3M)772.07K
Price to Earnings (P/E)4.5
Beta (1Y)1.13
Revenue Growth-5.10%
EPS Growth102.50%
CountrySE
Employees12,596
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Tools & Accessories
Share Statistics
EPS (TTM)2.05
Shares Outstanding468,518,600
10 Day Avg. Volume651,071
30 Day Avg. Volume772,068
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)1.13
Price to Sales (P/S)0.57
P/FCF Ratio13.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)3.59
Revenue Forecast (FY)kr45.41B
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 For...
How the Company Makes Money
Husqvarna makes money primarily by selling outdoor power equipment and related solutions through multiple channels and customer segments. Its revenue model is centered on: (1) Product sales: generating the majority of revenue from the sale of outd...
Husqvarna AB Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
66
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 45.87B | 46.61B | 48.35B | 53.26B | 54.04B | 47.06B |
| Gross Profit | 14.11B | 14.15B | 14.30B | 17.62B | 14.61B | 15.51B |
| EBITDA | 4.55B | 5.84B | 5.68B | 6.34B | 5.61B | 7.88B |
| Net Income | 1.97B | 1.77B | 1.32B | 2.18B | 1.94B | 4.44B |
Balance Sheet | ||||||
| Total Assets | 58.23B | 52.09B | 56.80B | 57.61B | 61.64B | 50.92B |
| Cash, Cash Equivalents and Short-Term Investments | 1.71B | 1.71B | 1.97B | 1.53B | 2.33B | 2.21B |
| Total Debt | 13.89B | 13.93B | 14.52B | 17.25B | 18.98B | 10.06B |
| Total Liabilities | 33.07B | 28.55B | 32.18B | 33.84B | 37.62B | 29.27B |
| Stockholders Equity | 25.16B | 23.54B | 24.62B | 23.77B | 24.00B | 21.63B |
Cash Flow | ||||||
| Free Cash Flow | 1.05B | 1.94B | 4.23B | 4.44B | -4.05B | 3.14B |
| Operating Cash Flow | 3.16B | 4.20B | 6.84B | 7.07B | -1.71B | 5.66B |
| Investing Cash Flow | -2.01B | -1.89B | -2.46B | -2.65B | -2.30B | -6.38B |
| Financing Cash Flow | -1.39B | -2.46B | -3.98B | -5.16B | 3.98B | -3.36B |
Husqvarna AB Technical Analysis
Neutral
45.83
Price Trends
40.05
Positive
42.61
Negative
46.26
Negative
Market Momentum
0.41
Negative
65.80
Neutral
81.10
Negative
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 45.83 is above the 20-day moving average (MA) of 37.77, above the 50-day MA of 40.05, and below the 200-day MA of 46.26, indicating a neutral trend. The MACD of 0.41 indicates Negative momentum. The RSI at 65.80 is Neutral, neither overbought nor oversold. The STOCH value of 81.10 is Negative, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | kr25.62B | 9.43 | 42.23% | 1.88% | 6.95% | 31.45% | |
72 Outperform | kr15.72B | 9.48 | ― | 1.70% | 8.04% | 18.25% | |
62 Neutral | kr25.62B | 4.52 | 5.76% | 2.20% | -5.10% | 102.50% | |
60 Neutral | kr105.09B | 15.69 | 8.90% | 3.19% | -8.67% | -41.12% | |
60 Neutral | kr25.23B | 23.21 | 14.62% | 3.54% | 9.30% | -2.80% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
SE:HUSQ.B
Husqvarna AB
44.56
1.39
3.22%
SE:CLAS.B
Clas Ohlson AB
404.40
138.90
52.32%
SE:SKF.B
SKF AB
230.10
46.96
25.64%
SE:THULE
Thule Group AB
235.40
19.46
9.01%
SE:RUSTA
Rusta AB
102.70
27.47
36.51%
Husqvarna AB Corporate Events
Husqvarna Lifts Margins on Organic Growth and Cost Savings Despite Currency Hit
Apr 23, 2026
Husqvarna reported a solid first quarter for 2026, with organic sales up 2% despite a 7% currency headwind that drove net sales down 5% to SEK 13.96bn. Operating income rose 10% excluding comparability items, lifting the margin to 12.3%, supported...
Husqvarna names new head of Construction Division to drive profitable growth
Apr 23, 2026
Husqvarna Group has appointed Anders Lindmark as president of its Construction Division, effective 1 July 2026, with a seat in Group Management. The division, which supplies market‑leading equipment and diamond tools to the light constructio...
Husqvarna AGM Backs Dividend, New Incentive Plan and Share Issue Mandate
Apr 16, 2026
Husqvarna AB’s annual general meeting approved the 2025 accounts and a total dividend of SEK 1.25 per share, to be paid in two installments during 2026, while granting discharge of liability to the board and CEO. Shareholders also confirmed ...
Husqvarna Group Schedules Webcast for Q1 2026 Results
Apr 1, 2026
Husqvarna Group will publish its report for the first quarter of 2026 on April 23 at around 07:00 CET, followed by a combined webcast and conference call at 09:00 CET hosted by CEO Glen Instone and CFO Terry Burke. The English-language presentatio...
Husqvarna Group Posts Modest Growth and Unveils Profit‑Focused Strategy in 2025 Annual Report
Mar 26, 2026
Husqvarna Group has published its Annual Report for 2025, detailing performance in a year marked by significant global economic uncertainty and modest 1% organic sales growth. The report, available in Swedish and English on the company’s web...
Husqvarna Calls 2026 AGM, Sets Key Governance Votes for April
Mar 13, 2026
Husqvarna AB has convened its 2026 Annual General Meeting for April 16 in Jönköping, Sweden, inviting all shareholders registered with Euroclear Sweden by April 8 to participate. Investors may attend in person, by proxy or via an advance...
Husqvarna AB Lowers Voting Power Through Conversion of Class A to Class B Shares
Feb 27, 2026
Husqvarna AB has announced a change in its share capital structure following the conversion of 85,000 Class A shares into Class B shares in January 2026 at the request of shareholders. This conversion, carried out under the company’s article...
Husqvarna Delivers Modest 2025 Growth, Unveils 2030 Strategy and Cost-Saving Drive
Feb 4, 2026
Husqvarna reported a weak fourth quarter but managed to deliver modest organic sales growth of 1% for 2025 despite soft consumer sentiment, tariffs and currency headwinds. Quarterly organic sales fell 3% and the group posted an operating loss, lar...
Husqvarna Refreshes Leadership to Drive Ongoing Transformation
Feb 4, 2026
Husqvarna is reshaping its leadership team, appointing Yvette Henshall-Bell to lead the Forest Garden division while interim head Omar Attar returns to finance, as CFO Terry Burke and Construction division president Karin Falk prepare to depart l...
Husqvarna Reports Minor Share Conversion Impacting Voting Rights
Jan 30, 2026
Husqvarna AB has reported a minor change in its share capital structure following the conversion of 300 Class A shares into Class B shares at the request of shareholders in December 2025, a move that reduces the company’s total voting rights...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.