SB1 Markets analyst Edvin Jabeskog wrote that Swedish truck manufacturer Volvo reported strong second-quarter results, with new orders exceeding expectations, confirming that the bottom of the truck cycle is over. Despite the surge in orders, the forecast for North America remains the same, but Volvo said it is preparing to deliver a large number of new orders in the second half of the year, and emphasized the importance of gradually increasing production. The stock's valuation is attractive, and as the company enters the peak season for new orders in North America, SB1 Markets believes the stock is expected to continue to perform well, supported by favorable news flow and improved profit margins. The bank reaffirmed its buy rating on the share and raised its target price from SEK 385 to SEK 390.

SB1 Markets analyst Edvin Jabeskog wrote that Swedish truck manufacturer Volvo reported strong second-quarter results, with new orders exceeding expectations, confirming that the bottom of the truck cycle is over. Despite the surge in orders, the forecast for North America remains the same, but Volvo said it is preparing to deliver a large number of new orders in the second half of the year, and emphasized the importance of gradually increasing production. The stock's valuation is attractive, and as the company enters the peak season for new orders in North America, SB1 Markets believes the stock is expected to continue to perform well, supported by favorable news flow and improved profit margins. The bank reaffirmed its buy rating on the share and raised its target price from SEK 385 to SEK 390.