AB Volvo FY2026 Earnings Forecast Lifted by Erste Group Bank

Key Points

• Erste Group Bank raised AB Volvo’s FY2026 EPS forecast to $2.17 from $2.15, above the $2.14 consensus estimate, and projected FY2027 EPS of $2.63. The bank maintained a “Hold” rating.
• Analyst sentiment remains mixed: Zacks Research downgraded the stock to “Strong Sell,” while the broader analyst consensus is “Hold,” based on three Strong Buy, five Hold, and two Sell ratings.
• AB Volvo reported quarterly EPS of $0.55, matching consensus, but revenue of $12.04 billion fell short of the $12.53 billion estimate. Shares opened at $30.76, below their 50-day and 200-day moving averages.

AB Volvo (OTCMKTS:VLVLY - Free Report) - Equities researchers at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for shares of AB Volvo in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings per share of $2.17 for the year, up from their previous estimate of $2.15. Erste Group Bank has a "Hold" rating on the stock. The consensus estimate for AB Volvo's current full-year earnings is $2.14 per share. Erste Group Bank also issued estimates for AB Volvo's FY2027 earnings at $2.63 EPS.

Separately, Zacks Research cut shares of AB Volvo from a "hold" rating to a "strong sell" rating in a research note on Monday, October 5th. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold".

AB Volvo Stock Performance

VLVLY opened at $30.76 on Monday. The stock has a market capitalization of $62.55 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 0.73 and a beta of 1.22. The company has a fifty day moving average of $33.83 and a 200 day moving average of $34.51. AB Volvo has a fifty-two week low of $26.77 and a fifty-two week high of $39.62. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.82 and a current ratio of 1.10.

AB Volvo (OTCMKTS:VLVLY - Get Free Report) last released its earnings results on Friday, October 23rd. The company reported $0.55 EPS for the quarter, hitting the consensus estimate of $0.55. AB Volvo had a net margin of 8.12% and a return on equity of 21.50%. The firm had revenue of $12.04 billion for the quarter, compared to the consensus estimate of $12.53 billion.

Trending Headlines about AB Volvo

Here are the key news stories impacting AB Volvo this week:

• Positive Sentiment: AB Volvo’s Q3 earnings call highlighted strong organic growth and margin expansion, suggesting the company is maintaining operating momentum despite challenging conditions. Volvo AB Q3 2026 Earnings Call Highlights
• Positive Sentiment: Management’s Q3 conference call provided additional detail on the company’s performance and outlook, with the focus on organic growth and improved profitability offering support for the longer-term investment case. AB Volvo Q3 2026 Press Conference Call Transcript
• Neutral Sentiment: AB Volvo reported quarterly earnings of $0.55 per share, below the $0.58 analyst consensus. The company nevertheless posted a 7.60% net margin and 20.16% return on equity, indicating continued profitability despite the miss. AB Volvo Quarterly Earnings Data
• Negative Sentiment: Erste Group Bank downgraded AB Volvo from “strong buy” to “hold.” The rating change may weigh on the shares by signaling less near-term upside following the earnings release. Erste Group Bank AB Volvo Rating
• Negative Sentiment: News that Volvo Cars plans to eliminate 2,500 jobs amid weak China sales and pricing pressure has hurt sentiment toward the Volvo brand and the broader automotive sector. However, these announcements concern Volvo Cars—not AB Volvo’s commercial-vehicle operations—so the direct financial impact on VLVLY appears limited. Volvo Plans to Cut 2,500 Jobs

About AB Volvo

AB Volvo is a Sweden-based manufacturer of commercial vehicles and transportation-related products. Founded in 1927 and headquartered in Gothenburg, the company develops and sells trucks, buses, construction equipment, and marine and industrial engines. AB Volvo is separate from Volvo Cars, which became an independent company in 1999.

The company's commercial vehicle operations include heavy-duty, medium-duty, and light-duty trucks sold under brands such as Volvo Trucks, Mack Trucks, Renault Trucks, and UD Trucks.

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