This Week’s Analysis with Aksjeanalyser.com and Vikingen!
In “Analysis of the Week,” August 4th, 2026, Aksjeanalyser.com takes a closer look at the Swedish company Kinnevik AB
(ticker on Nasdaq Stockholm: KINV B)
Kinnevik AB has plummeted from a high of SEK 386 on August 5, 2021, to a recent price of around SEK 50.
The stock has thus fallen by as much as 87 percent over the past five years.
So, could the stock now be at a good price to buy around SEK 54:- level?
One thing that is certain, the Kinnevik stock is now trading at a full 50% discount to the company’s net asset value.
About Kinnevik AB
(Nasdaq Stockholm ticker: KINV)
Kinnevik AB operates as an investment company with a focus on technology. It focuses on the development of digital technology-based services in the areas of e-commerce and marketplaces, financial services, communications, and the entertainment industry. The company was founded by Hugo Edvard Stenbeck, Wilhelm Klingspor, and Robert von Horn on December 18, 1936, and is headquartered in Stockholm, Sweden.
With the current share price at around SEK 54, the company has a market capitalization of approximately SEK 14.7 billion.
For more information about the company, visit their website here.
Technical Analysis of Kinnevik AB
(Nasdaq Stockholm ticker: KINV B)
Kinnevik’s stock has taken a severe hit on the stock market since its peak of SEK 386 in August 2021, and is currently trading at around SEK 54.
A brutal drop of as much as 87% for one of the truly large and well-known companies on the Stockholm Stock Exchange. So the big question now is: Is the Kinnevik stock finally at its bottom?
The stock has been trading within a steeply declining long-term trend for five years now, from its peak of SEK 386 in August 2021 to its current level of around SEK 54 in August 2026.
Looking at the stock from a short-term perspective, it has been trading within a rectangular consolidation pattern since March 2026, between SEK 50 and SEK 60.
A confirmed break above the SEK 60 level would trigger a strong technical buy signal for Kinnevik, and Aksjeanalyser.com believes such a break above the SEK 60 level could occur shortly.
The stock is trading below both its 50-day and 200-day moving averages, but is now testing resistance around the 50-day moving average in the SEK 55 range.
Aksjeanalyser.com considers Kinnevik stock an interesting buy at the current price level!
Based on a comprehensive assessment of both the fundamental and technical outlook for the stock and the company, Aksjeanalyser.com considers Kinnevik stock to be an attractive buy at its current price level of around SEK 54.
The stock’s potential is estimated to be SEK 75–115 over the next 6–12 months.
Aksjeanalyser.com therefore views the Kinnevik stock as a potential candidate to double in value over the next 6 to 12 months.
The downside is considered limited, given that the stock and the company are currently trading at 50% below the company’s net asset value.
The only thing that could potentially trigger new negative technical signals for the Kinnevik stock would be if it were to break below and settle below the SEK 50 level.
Below are some recent news stories about Kinnevik AB
Pareto Makes Four Changes to Its Swedish Portfolio—Adding Asmodee, Kinnevik, Nibe, and Paradox. Today, August 3, 2026—9:09 a.m. ∙ Finwire
Pareto is updating its Swedish monthly portfolio for August by adding Asmodee, Kinnevik, Nibe, and Paradox Interactive. At the same time, Beijer Alma, Eastnine, Bilia, and Mips are being removed from the portfolio.
Pareto expects another strong quarter from Asmodee and believes that the company’s earnings growth and acquisition opportunities are not fully reflected in its valuation. Kinnevik is being added to the portfolio after its net asset value increased by 6 percent in the second quarter compared with the previous quarter. At the same time, the stock is trading at a 51 percent discount to its net asset value.
Nibe is being included in light of a recovery in demand for heat pumps. Pareto forecasts 8 percent growth in Climate Solutions during the second quarter. Paradox is being added ahead of an expected stable report, in which new content is expected to boost revenue by 18 percent on an annual basis.
The portfolio already includes Atlas Copco, Cheffelo, Metso, Note, Nordrest, and SKF.
Target Prices for Kinnevik Raised Following the Q2 Report
July 8, 9:49 a.m. ∙ Finwire
Pareto Securities raises its price target for the investment company Kinnevik to 75 kronor from 71 and reiterates its “Buy” rating. The research firm notes that Kinnevik returned to net asset value growth in the second quarter, with net asset value rising 6 percent from the previous quarter to 29.6 billion kronor, equivalent to 107 kronor per share.
The research firm specifically highlights that the private portfolio rose by 8 percent, driven by Health & Bio, Software, and Emerging Companies. At the same time, Climate Tech continued to weigh on Prior Strategies.
DNB Carnegie is also raising its price target to 61 kronor from 60 and reiterates its “hold” rating, while Handelsbanken, on the other hand, is lowering its price target to 55 kronor from 59 and reiterates its “hold” rating.
At the same time, Danske Bank is raising its target price to 66 kronor from 62 and reiterates its “Buy” rating.
KINNEVIK: BOOK VALUE 107 KR/SHARE 2Q
July 7, 8:05 a.m. ∙ Direkt News Agency
STOCKHOLM (Nyhetsbyrån Direkt) The investment company Kinnevik reported a net asset value of 107 kronor per share at the end of the second quarter of 2026.
The total net asset value was 29.6 billion kronor. Compared with the immediately preceding quarter, the net asset value increased by 6 percent.
Net income for the quarter rose to 1,717 million kronor (626). Earnings per share were 6.20 kronor (2.26).
The company’s net investments amounted to 57 million kronor (860) during the second quarter.
In May, it was announced that Helena Saxon, Investors’ former CFO, will become the new CEO of Kinnevik, effective August 1.
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