tiprankstipranks
Trending News
More News >
Skanska AB (SE:SKA.B)
:SKA.B

Skanska AB (SKA.B) AI Stock Analysis

Compare
5 Followers

Top Page

SE:SKA.B

Skanska AB

(SKA.B)

Select Model
Select Model
Select Model
Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
kr296.00
▲(11.78% Upside)
Action:ReiteratedDate:02/08/26
The score is driven mainly by solid financial footing (conservative leverage and sizable equity) but moderated by thin margins and notably volatile cash generation (sharp 2025 free-cash-flow decline). Technicals add support given the positive trend (price above major moving averages) with neutral-to-positive momentum, while valuation is only average (P/E ~19.7 with a ~2.94% yield).
Positive Factors
Conservative balance sheet
Skanska's low debt-to-equity and large equity base provide durable financial flexibility to bid on large public and private projects, absorb contract delays, and access credit at scale. That structural strength supports long-term operations and project development financing without relying on volatile market funding.
Diversified revenue model
A mix of contracting, property development and long-term maintenance creates multiple cash streams that smooth cyclical construction volatility. Development upside plus recurring facility management revenue improves revenue stability and supports sustainable backlog and client relationships over multi-year horizons.
Positive cash generation in 2025
Generating material operating cash and positive free cash flow in 2025 shows the business can convert earnings into cash, supporting capex, development investments and debt servicing. While variable, current positive FCF gives management room to fund strategic projects and maintain shareholder policies without immediate external financing.
Negative Factors
Thin profitability margins
Net margins near 3% are typical for construction but leave limited buffer for cost overruns and delays. Sustained low margins reduce retained earnings for reinvestment, heighten sensitivity to input-cost inflation, and constrain the firm's ability to improve returns or absorb cyclical downturns without cutting investment or prices.
Volatile free cash flow
Large swings in free cash flow undermine predictable capital allocation and raise refinancing risk for development projects. A 57% decline in one year indicates working-capital and project-timing sensitivity, making it harder to sustain consistent dividends, pursue M&A, or fund cyclical investment without tapping reserves or external credit.
Recent revenue softness
A revenue dip signals potential demand softness or project mix shifts; combined with thin margins it reduces operating leverage. If modest declines persist, the company may face pressure to secure higher-margin contracts or cut costs, limiting growth in development pipelines and weakening long-term earnings growth visibility.

Skanska AB (SKA.B) vs. iShares MSCI Sweden ETF (EWD)

Skanska AB Business Overview & Revenue Model

Company DescriptionSkanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States. It operates through three segments: Construction, Residential Development, and Commercial Property Development. The Construction segment builds bridges, roads, harbors, quays, hospitals, residences, and schools. The Residential Development segment develops and sells residential projects, including single and multi-family housing. The Commercial Property Development segment initiates, invests in, develops, leases, and divests in commercial properties. It also produces asphalt, gravel, rock, concrete gravel, road construction materials, macadam, and concrete. In addition, the company engages in the construction and renovation of buildings; provision of infrastructure services, including operation, maintenance, and construction work; stone preservation; and rental of machines and equipment. Skanska AB (publ) was founded in 1887 and is headquartered in Stockholm, Sweden.
How the Company Makes MoneySkanska AB generates revenue through multiple streams, primarily through its construction operations, which include general contracting and project management services. The company takes on contracts for public and private sector projects, ranging from infrastructure developments such as roads, bridges, and tunnels to commercial and residential buildings. Additionally, Skanska engages in development activities, where it invests in and develops properties for sale or lease, providing another significant revenue stream. Strategic partnerships with governments, municipalities, and private developers enhance its project portfolio and opportunities. The revenue model is further supported by Skanska's focus on sustainable construction practices and innovation, which attracts clients looking for environmentally friendly solutions. Furthermore, Skanska benefits from long-term maintenance and facility management contracts that provide ongoing revenue beyond initial construction projects.

Skanska AB Financial Statement Overview

Summary
Balance sheet strength is a key positive (conservative leverage with debt-to-equity ~0.32–0.33 and sizable equity), but operating profile is mixed: revenue is broadly stable with a small 2025 decline (-3.3%) and profitability is thin (2025 net margin ~3.2%). The main drag is cash-flow volatility, with 2025 free cash flow down ~57% YoY and only ~57% of net income.
Income Statement
67
Positive
Revenue has been broadly stable with modest growth in 2022–2024 but a slight decline in 2025 (-3.3%). Profitability is positive but thin, with 2025 margins at ~8.4% gross and ~3.2% net—typical for construction but leaving less room for execution risk. Earnings have recovered from 2023 and held up in 2024–2025, yet margins are still well below the stronger 2020–2022 period, indicating a less favorable profitability cycle.
Balance Sheet
74
Positive
Leverage looks conservative for the sector, with debt-to-equity around ~0.32–0.33 in 2023–2025 (improved vs. 2020). Equity remains sizable (SEK ~61.8B in 2025), supporting balance-sheet resilience. Returns on equity are solid but have normalized to ~9% in 2023–2025 versus materially higher levels in 2020–2022, suggesting profitability has cooled even as leverage stayed contained.
Cash Flow
55
Neutral
Cash generation is positive, with 2025 operating cash flow of SEK 7.2B and free cash flow of SEK 4.1B, but cash flow has been volatile. Free cash flow dropped sharply in 2025 (down ~57% year over year) after a stronger 2024, and history shows meaningful swings (including negative free cash flow in 2022). Free cash flow covered about ~57% of 2025 net income, which is adequate but not especially strong given the variability.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue176.66B176.48B167.17B163.17B143.87B
Gross Profit14.75B14.48B13.43B16.69B15.72B
EBITDA10.18B10.35B7.50B12.41B11.31B
Net Income5.70B5.55B5.00B8.26B6.86B
Balance Sheet
Total Assets158.29B171.21B155.19B151.59B139.04B
Cash, Cash Equivalents and Short-Term Investments19.01B32.20B17.91B10.01B10.95B
Total Debt20.68B20.17B17.85B14.70B15.00B
Total Liabilities96.34B108.59B98.84B96.34B93.24B
Stockholders Equity61.76B62.47B56.20B55.11B45.68B
Cash Flow
Free Cash Flow4.10B6.44B632.00M-1.78B5.51B
Operating Cash Flow7.23B9.11B3.21B480.00M7.44B
Investing Cash Flow-8.72B-5.77B6.00B3.92B-11.37B
Financing Cash Flow-6.20B-2.84B-1.25B-6.24B-5.05B

Skanska AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price264.80
Price Trends
50DMA
267.64
Positive
100DMA
260.23
Positive
200DMA
246.52
Positive
Market Momentum
MACD
1.37
Positive
RSI
49.51
Neutral
STOCH
43.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SKA.B, the sentiment is Positive. The current price of 264.8 is below the 20-day moving average (MA) of 270.76, below the 50-day MA of 267.64, and above the 200-day MA of 246.52, indicating a neutral trend. The MACD of 1.37 indicates Positive momentum. The RSI at 49.51 is Neutral, neither overbought nor oversold. The STOCH value of 43.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SKA.B.

Skanska AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
kr108.97B18.2610.45%3.18%6.02%26.26%
65
Neutral
kr51.15B24.4318.65%2.20%2.79%14.00%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
61
Neutral
kr30.26B17.8610.55%3.26%-4.93%10.91%
59
Neutral
kr15.06B21.236.97%4.09%-3.73%-22.34%
54
Neutral
kr18.88B151.6620.30%4.17%5.68%27.52%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SKA.B
Skanska AB
264.80
23.75
9.85%
SE:NCC.B
NCC AB
212.40
33.43
18.68%
SE:PEAB.B
Peab AB
102.60
24.55
31.46%
SE:SWEC.B
Sweco AB
141.80
-43.00
-23.27%
SE:AFRY
AFRY AB Class B
133.80
-48.99
-26.80%

Skanska AB Corporate Events

Skanska Wins NOK 363M Byfjordporten Residential Contract in Norway
Jan 30, 2026

Skanska has secured a NOK 363 million (about SEK 330 million) contract from OBOS Block Watne to build the Byfjordporten residential project in Askøy, Norway, adding to its Nordic order bookings for the first quarter of 2026. The development will create a new neighborhood in Florvåg with 98 residential units in 10 buildings and associated infrastructure, including a new access road and tunnel, reinforcing the area’s appeal as a waterfront residential hub with good public transport links, and construction is set to begin immediately with completion and handover scheduled for 2028.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK294.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska to Present 2025 Year-End Results via Webcast and Audio Conference
Jan 30, 2026

Skanska AB will publish its Year-end Report 2025 on Friday, February 6 at 07:30 am CET and present the results the same day via a live webcast and audio conference led by President and CEO Anders Danielsson and CFO Pontus Winqvist from the company’s Stockholm head office. The presentation, which will be accessible through Skanska’s investor website, underscores the group’s ongoing investor relations efforts, including opportunities for individual follow-up meetings with the CEO, reflecting its commitment to transparency and active communication with analysts, investors and media stakeholders.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK294.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Adjusts Voting Structure After January Share Conversions
Jan 30, 2026

Skanska AB has announced that 1,370 Class A shares were converted into Class B shares in January 2026 at the request of shareholders, a routine process under its articles of association that reduces the total number of votes in the company to 595,601,999 while leaving the total number of registered shares unchanged at 419,903,072. Following this latest conversion, Skanska’s share capital now consists of 19,522,103 Class A shares and 400,380,969 Class B shares, a marginal shift that slightly dilutes voting concentration among high-vote A shares but does not affect overall equity, reflecting ongoing shareholder use of the company’s established share-class conversion mechanism.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK294.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska and Entra Launch NOK 1.8 Billion Green Office Redevelopment in Central Oslo
Jan 29, 2026

Skanska, a global construction and project development group, is expanding its footprint in the Nordic commercial real estate market through a new sustainable office development in central Oslo. The company, together with Norwegian property group Entra, is investing about NOK 1.8 billion (SEK 1.7 billion) in the redevelopment and expansion of existing office and commercial buildings at Christian Krohgs gate 2, a 21,200-square-metre property near Oslo Central Station. The project, structured as a 50/50 joint venture, includes a NOK 900 million construction contract that will bolster Skanska’s Nordic order bookings in the first quarter of 2026. Designed to deliver modern, flexible offices with excellent public transport links, the scheme carries high environmental ambitions, targeting BREEAM-NOR v6.0 Very Good, fossil-free construction operations, significant cuts in material-related greenhouse gas emissions, low waste and high reuse levels, as well as energy solutions that could achieve an energy class A rating. Construction is scheduled to start in the second quarter of 2026 with completion expected around the turn of 2029/2030, underlining Skanska’s strategic push into sustainable urban office redevelopment in key Nordic capitals.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK292.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Divests Second Equilibrium Office Building in Bucharest for EUR 37 Million
Jan 28, 2026

Skanska has sold Equilibrium 2, the second phase of its Equilibrium office complex in Bucharest, to Magyar Posta Takarék Real Estate Investment Fund for EUR 37 million, with the transaction to be recorded and the property transferred in the first quarter of 2026. The 20,000-square-meter, 11‑storey building, completed in late 2022 and nearly 50 percent leased, is a highly certified sustainable and digitally connected asset in Bucharest’s rapidly developing Floreasca‑Barbu Văcărescu office district, underscoring Skanska’s strategy of developing landmark, green office projects in emerging European CBDs and recycling capital through timely disposals, following the 2025 sale of the first Equilibrium building to another fund managed by the same asset manager.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK292.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Earns Spot on Fortune’s List of World’s Most Admired Companies
Jan 21, 2026

Skanska has been included in Fortune magazine’s list of the world’s “Most Admired Companies,” a high-profile global recognition of corporate reputation based on an international survey conducted with Korn Ferry. The ranking, derived from evaluations by executives, board members and analysts across nine criteria such as management quality, product quality, investment value, social responsibility and talent attraction, highlights Skanska’s emphasis on responsible business practices, long-term value creation, sustainability and operational excellence. The company’s leadership views the accolade as validation that its strategy and values are competitive globally, reinforcing Skanska’s positioning as a governance-strong, sustainability-focused player within the construction and project development industry and underscoring its reputation among industry peers and decision-makers worldwide.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK301.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Wins EUR 50 Million Contract for Second Phase of Turku Hospital in Finland
Jan 21, 2026

Skanska has secured a EUR 50 million (about SEK 540 million) contract from the wellbeing services county of Southwest Finland to deliver the second phase of a hospital project in Turku, which will be booked in its Nordic order intake for the first quarter of 2026. The project, extending the Turku University Hospital Main Hospital area for psychiatric care, includes two new hospital wings of six and nine floors with a total gross floor area of around 24,000 square meters, linked to the first-phase building that Skanska completed in 2024, along with internal modifications to existing structures; construction is set to start in early 2026 and finish in 2028, further strengthening Skanska’s presence in Nordic healthcare infrastructure.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK301.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Wins SEK 500m Contract for High-Voltage Grid Upgrade in Western Stockholm
Jan 20, 2026

Skanska has secured a contract worth about SEK 500 million from Swedish grid operator Svenska kraftnät to expand the electricity network in western Stockholm, a deal that will be recorded in Skanska Sweden’s first-quarter 2026 order bookings. The project covers groundwork and the installation of a new 10-kilometre 400 kV cable connection between Kronåsen and Råcksta, part of a broader shift from 220 kV to higher-capacity 400 kV lines to bolster grid capacity, operational reliability and the long-term security of the Stockholm region’s power supply. With high sustainability ambitions and planned BREEAM Infrastructure certification, preparations start immediately, construction begins after summer 2026 and completion is targeted for autumn 2030, underscoring Skanska’s role in critical energy infrastructure and green-certified infrastructure development.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK301.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Invests SEK 1.3 Billion in Mixed-Use Development in Central Stockholm
Jan 16, 2026

Skanska is expanding its presence in central Stockholm with a SEK 1.3 billion investment in the Tegelbruket 4 property on Kungsholmen, acquired from Region Stockholm, to develop a mixed-use neighborhood combining residential, office and commercial space with green areas. The project will deliver about 240 tenant-owned apartments, two residential blocks with underground garages, an approximately 6,200-square-meter office building and 1,500 square meters of street-level retail, while preserving existing historic buildings and creating parks and squares aimed at enhancing urban vibrancy and biodiversity, with preparatory work beginning shortly and completion targeted by 2032.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK294.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Wins EUR 60 Million Contract for Prisma Hypermarket and Housing Project in Espoo
Jan 9, 2026

Skanska has secured a EUR 60 million (about SEK 660 million) contract from HOK-Elanto to build a hybrid complex centered on a Prisma hypermarket in Espoo, Finland, a project that will be added to the company’s Nordic order bookings for the first quarter of 2026. The 30,000-square-meter development will combine a large hypermarket, smaller retail units and two seven-story residential buildings totaling 105 apartments, and is designed to meet Rakennustieto’s environmental classification criteria on energy efficiency, indoor air quality and site operations, underscoring Skanska’s strategy of integrating sustainable, mixed-use projects that strengthen its position in the Nordic construction market; construction is set to start in early 2026 and finish in 2028.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK284.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Sells Copenhagen Residential and Hotel Project to Urban Partners for DKK 608 Million
Jan 7, 2026

Skanska has agreed to divest a mixed-use residential and hotel project on Ørestads Boulevard in Copenhagen to Urban Partners for DKK 608 million (about SEK 890 million), with the deal booked in the fourth quarter of 2025 and property transfer scheduled upon project completion in summer 2028. The 13,100 square metre development, comprising 210 residential units and 143 hotel apartments, is designed to alleviate the shortage of flexible city housing in Ørestad, feature shared facilities and a generous courtyard to foster community, and meet DGNB Gold sustainability standards, leveraging its strong transport links to the Metro, regional rail and motorway network to enhance its appeal for future residents and guests.

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.

Skanska Wins USD 445 Million Roadway Modernization Contract at LAX
Jan 2, 2026

Skanska, through a joint venture with Flatiron, has secured an additional contract worth USD 445 million (about SEK 4.4 billion) for its share of Los Angeles International Airport’s Airfield and Terminal Modernization Program Roadway Improvements project, which brings the total contract value to USD 868 million. The multi‑year project, already underway and running through late 2030, will overhaul more than six kilometers of roadways, bridges and traffic systems to cut congestion and emissions and improve access and safety at LAX, reinforcing Skanska’s role in large‑scale US transportation infrastructure and supporting the airport’s broader modernization to handle major international traffic volumes more efficiently.

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.

Skanska Wins Additional USD 228 Million Data Center Contract in the U.S.
Jan 2, 2026

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.

Skanska Wins USD 65 Million Historic Building Renovation Contract at University of Texas at Austin
Dec 23, 2025

Skanska has secured a USD 65 million (about SEK 640 million) contract from The University of Texas at Austin to fully renovate a historic campus building in Austin, Texas, with the project scheduled to start in May 2026 and conclude in May 2028, and the order to be booked in the company’s US operations for the fourth quarter of 2025. The deal reinforces Skanska’s position in the US institutional and education construction market, expanding its portfolio of complex renovation projects while adding a sizable, multi-year contribution to its American order backlog.

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.

Skanska Invests NOK 244 Million in First Phase of Trondheim Housing Project
Dec 22, 2025

Skanska is investing NOK 244 million (approximately SEK 230 million) in the first phase of the Lillebytunet residential project in Trondheim, Norway, which comprises two apartment buildings with a total of 51 units. This marks the first development to move into construction from the portfolio acquired from Nordr in September 2025 and initiates the final stage of the broader transformation of Trondheim’s Lilleby district, with construction scheduled to start in the first quarter of 2026 and completion expected in the first quarter of 2028, underscoring Skanska’s continued expansion in Nordic residential development and its role in long-term urban renewal projects.

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.

Skanska Sells Two Prime Ørestad Office Assets to PensionDanmark for DKK 1 Billion
Dec 22, 2025

Skanska has agreed to divest two fully leased, DGNB Gold–certified office properties in Copenhagen’s Ørestad City to Danish pension fund PensionDanmark for about DKK 1.0 billion (approximately SEK 1.5 billion), with the transaction booked in the fourth quarter of 2025 and property transfer scheduled for January 2026. The assets include Sweco Denmark’s 11,100-square-meter headquarters at Ørestads Boulevard 41 and the 14,900-square-meter mixed-use “Nest 45” at Ørestads Boulevard 45, which houses Norlys’ Copenhagen head office and an Ibis Styles hotel, underscoring Skanska’s strategy of recycling capital from mature, sustainably certified developments in prime, transit-linked locations to support its broader commercial development pipeline in the Nordic region.

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.

Skanska Wins USD 107M Contract to Widen Ramona Expressway in California
Dec 22, 2025

Skanska has secured a USD 107 million (about SEK 1.1 billion) contract from the Riverside County Transportation Commission to widen the eastbound Ramona Expressway in San Jacinto, California, a 13-kilometre upgrade that includes a new cast-in-place box girder bridge over the San Jacinto River, a raised median, and associated safety enhancements to ease congestion. The project, scheduled to start in February 2026 and finish in June 2028, reinforces Skanska’s presence in the US infrastructure market while contributing to regional mobility, commuter safety, and environmental stewardship through a planned wildlife crossing and the preservation of 72 hectares for habitat mitigation.

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.

Skanska Wins SEK 450M Contract for New Climate‑Adapted Entrance Road to Karlskrona
Dec 19, 2025

Skanska has secured a SEK 450 million contract from Karlskrona Municipality to build a new, climate-adapted access road that will serve as the city’s main entrance, with the order to be recorded in its Swedish bookings for the fourth quarter of 2025. The project, which advances from the design to the production phase, involves raising the roadway by about one meter to address climate-related risks, demolishing the existing road and bridge, constructing two new bridges over watercourses, and carrying out extensive foundation and groundworks, with construction starting in early 2026 and completion expected by the end of 2028; the investment is intended to safeguard future transport to Karlskrona’s city center and enhance the city’s gateway, reinforcing Skanska’s role in delivering resilient infrastructure in the Nordic market.

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.

Skanska Wins USD 53 Million Contract to Build New City Hall in Franklin, Tennessee
Dec 19, 2025

Skanska has secured a USD 53 million (about SEK 520 million) contract from the city of Franklin, Tennessee, to build a new three-story City Hall, which will be added to its U.S. order bookings for the fourth quarter of 2025. The project, already underway and slated for completion in July 2027, will replace the demolished former City Hall and is designed to support Franklin’s long-term growth, accommodating 250 employees and providing extensive public meeting spaces, below-grade parking, parkland, and commercial shell space, underscoring Skanska’s role in civic infrastructure development and its continued positioning in the U.S. public-sector construction market.

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.

Skanska Wins USD 59M Contract to Replace Mission Boulevard Bridge in California
Dec 19, 2025

Skanska has secured a USD 59 million (about SEK 580 million) contract from the County of Riverside Transportation Department to replace the Mission Boulevard Bridge over the Santa Ana River in Jurupa Valley, California, with the order to be booked in the fourth quarter of 2025. The project, which will run from April 2026 to September 2029, involves constructing a higher, Mission-style bridge that meets modern safety and flood standards, alongside seismic retrofitting, utility relocations, upgraded drainage, and extensive on- and offsite environmental mitigation measures designed to minimize ecological disruption and improve regional mobility and resilience for Riverside County residents and travelers.

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.

Skanska Wins EUR 32 Million Contract for Sustainable Rental Housing in Helsinki
Dec 18, 2025

Skanska has secured a EUR 32 million (about SEK 350 million) contract from the City of Helsinki to build two residential buildings comprising 182 rental apartments, including 20 units tailored for residents with special needs, with a total floor area of roughly 11,900 square meters. Targeting a three-star Rakennustieto environmental rating for energy efficiency, indoor air quality and sustainable site operations, the project will be added to Skanska’s Nordic order bookings for the fourth quarter of 2025, reinforcing its Finnish portfolio and sustainability profile as construction runs from late 2025 to an expected completion in autumn 2027.

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.

Skanska Finalizes UK Pension Buy-In, Enhancing Financial Stability
Dec 18, 2025

Skanska has finalized a pension buy-in solution with Standard Life, transferring most of its pension commitments in the UK. The transaction, impacting approximately SEK 6.3 billion in commitments and assets for 5,500 people, eliminates market risk in related pension liabilities. Despite reducing equity by about SEK 500M through Other Comprehensive Income in Q4 2025, it does not affect income statements or cash flow. This move solidifies Skanska’s financial stability and reduces pension-related risks, aligning with long-term sustainability and operational resilience goals.

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.

Skanska Invests SEK 250M in Sustainable Residential Project in Uppsala
Dec 18, 2025

Skanska has announced an investment of about SEK 250 million in the final phase of a residential project in Kungsängen, Uppsala, Sweden. The development includes 66 apartments and three commercial spaces, built with a strong focus on sustainability, incorporating energy-efficient features such as solar cells, waste heat exchangers, and concrete with lower climate impact. The project aligns with Skanska’s commitment to Nordic Ecolabel certification and is expected to conclude by fall 2027, underscoring the company’s dedication to sustainable urban living.

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.

Skanska Secures $83 Million Contract to Expand Florida Science Center
Dec 18, 2025

Skanska has secured an $83 million contract to expand the Cox Science Center and Aquarium in West Palm Beach, Florida. The project, expected to complete in 2027, involves constructing an advanced 8,000-square-meter Science Pavilion to house an expanded aquarium, exhibitions, and STEM spaces, enhancing Florida’s fifth largest aquarium. This expansion reflects Skanska’s strategic focus on delivering sustainable and innovative infrastructure solutions and further cements its presence in the US construction market.

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.

Skanska to Construct Kungsbacka Arena in Sweden
Dec 15, 2025

Skanska has signed a SEK 550 million agreement with Kungsbacka Municipality to proceed with phase two of the Kungsbacka Arena construction in Sweden. The project, which includes an indoor arena and a football field, aims to enhance the municipality’s sports and cultural facilities, with construction starting in spring 2026 and completion expected by the end of 2028.

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.

Skanska Expands Data Center Project in Virginia with $58M Contract
Dec 9, 2025

Skanska has secured an additional contract valued at USD 58 million to complete the interior build-out of a data center in Virginia, USA. This expansion highlights Skanska’s continued growth in the US market and its commitment to delivering large-scale infrastructure projects, with completion expected in early 2027.

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.

Skanska Expands Data Center Project in Virginia with USD 105M Contract
Dec 9, 2025

Skanska has secured an additional contract valued at USD 105 million to complete the interior build-out of a data center in Virginia, USA, expanding its US order bookings for the fourth quarter of 2025. This project, scheduled for completion in early 2027, underscores Skanska’s strategic focus on the data center market, enhancing its industry positioning and offering potential growth opportunities for stakeholders.

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.

Skanska Named Among World’s Best Employers by Forbes
Dec 4, 2025

Skanska has been recognized by Forbes as one of the world’s best employers for the fourth consecutive year, highlighting the company’s strong work culture and commitment to employee well-being. This accolade underscores Skanska’s efforts in attracting top talent and fostering a high-performing work environment, with a significant percentage of employees feeling their work contributes meaningfully to the company’s purpose.

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.

Skanska Secures $263M Contract for US Data Center Construction
Dec 4, 2025

Skanska has secured a USD 263 million contract to build a new data center in the USA for a repeat client, with construction starting in early 2026 and completion expected by late 2027. This project will enhance Skanska’s order bookings for the fourth quarter of 2025, reinforcing its strong presence in the US market and its commitment to developing infrastructure that supports modern connectivity needs.

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.

Skanska Divests Sustainable Office Complex in Prague for EUR 130M
Dec 3, 2025

Skanska has announced the divestment of its office complex, Port7, in Prague, Czech Republic, for approximately EUR 130 million. The complex, located in the Holešovice district, features three office buildings with 36,000 square meters of leasable space and is fully leased to companies across various industries. The project emphasizes sustainability, with LEED Platinum and WELL Platinum certifications, and incorporates renewable energy solutions and water savings. This transaction, scheduled for completion in the first half of 2026, reflects Skanska’s commitment to sustainable development and its strategic focus on transforming urban spaces.

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.

Skanska AB Announces Share Conversion Impacting Voting Rights
Nov 28, 2025

Skanska AB announced the conversion of 2,400 Class A shares to Class B shares in November 2025, reducing the total number of votes in the company to 595,614,329. This share conversion is part of Skanska’s compliance with the Swedish Financial Instruments Trading Act, reflecting its ongoing corporate governance and shareholder engagement strategies.

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.

Skanska Appoints Pontus Winqvist as New CFO
Nov 27, 2025

Skanska Group has appointed Pontus Winqvist as the new Chief Financial Officer and Executive Vice President, effective November 27, 2025. Pontus, who has been with Skanska since 1997, brings extensive experience from various leadership roles within the company. His appointment is expected to strengthen Skanska’s financial strategy and support its ongoing business development, as the company continues to leverage its strong market position and positive momentum.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska to Construct Illvatn Hydropower Plant in Norway
Nov 25, 2025

Skanska has secured a NOK 950 million contract with Hydro to build the Illvatn pumped-storage hydropower plant in Luster, Norway. This project, scheduled for completion in August 2030, will enhance energy storage and efficiency, contributing to an annual electricity production of approximately 84 GWh, reflecting Skanska’s commitment to sustainable infrastructure development.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Secures USD 256M Data Center Contract in USA
Nov 25, 2025

Skanska has secured a USD 256 million contract to build a new data center in the USA, which will be added to its US order bookings for the fourth quarter of 2025. The project, set to begin in early 2026 and complete by late 2027, involves constructing the data center’s shell and interior, enhancing Skanska’s presence in the US market and potentially strengthening its industry positioning.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Secures EUR 60M Contract for Finnish Highway Upgrade
Nov 18, 2025

Skanska has secured a EUR 60 million contract with the Finnish Transport Infrastructure Agency to upgrade a 12-kilometer section of the Vt 12 highway in Finland. The project aims to enhance traffic safety and flow by converting the road into a median-separated passing lane and includes constructing two interchanges and a groundwater protection structure. The development phase starts in late 2025, with completion expected by 2029.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Increases Financial Target for Construction Business
Nov 18, 2025

Skanska AB has announced an increase in its financial target for the Construction business, raising the operating margin to 4.0% or more. This move reflects the company’s ongoing efforts to improve earnings quality and predictability, positioning itself for controlled growth while prioritizing profitability in Project Development. The announcement, made ahead of the Capital Markets Day in Seattle, underscores Skanska’s commitment to delivering attractive shareholder returns and aligning its strategic priorities with market demands.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Invests SEK 450M in Sustainable Solna Residential Project
Nov 17, 2025

Skanska is investing approximately SEK 450 million in a residential project named Ängsklockan in Järvastaden, Solna, Sweden. The project will feature 119 apartments with sustainable features such as solar panels and energy-efficient facades, and is expected to be completed by the first quarter of 2028.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

Skanska Sells Sustainable Office Complex in Wrocław for EUR 62 Million
Nov 14, 2025

Skanska has sold the second phase of the Centrum Południe office complex in Wrocław, Poland, to INVESTIKA Real Estate Fund and BUD HOLDINGS for EUR 62 million. This modern and sustainable building, completed in 2023, offers over 21,500 square meters of office and retail space, and is strategically located near Wrocław’s main railway station. The building is fully leased, with BNY occupying the office space and Luxmed the retail space. It boasts several sustainability certifications and features amenities that promote community engagement.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

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.Date of analysis: Feb 08, 2026