AB Volvo Stock Earnings Estimates Raised by Erste Group Bank

AB Volvo (OTCMKTS:VLVLY – Free Report) – Stock analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for AB Volvo in a note issued to investors 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 forecast 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 $2.12 per share. Erste Group Bank also issued estimates for AB Volvo’s FY2027 earnings at $2.63 EPS.

AB Volvo (OTCMKTS:VLVLY – Get Free Report) last posted its earnings results on Friday, October 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.55. The company had revenue of $12.04 billion during the quarter, compared to the consensus estimate of $12.53 billion.

Separately, Zacks Research downgraded AB Volvo from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Stock Analysis on VLVLY

AB Volvo Price Performance

Shares of VLVLY opened at $31.11 on Monday. The firm has a fifty day moving average of $33.62 and a 200-day moving average of $34.79. AB Volvo has a 1 year low of $26.77 and a 1 year high of $39.62.

About AB Volvo

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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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Earnings History and Estimates for AB Volvo (OTCMKTS:VLVLY)

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