EQT AB (publ) EQT

Stockholm | Finance | Private equity and alternative asset management
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Updated: 5 Sep 2026 Base analysis: 6 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

BUY Clear

Consider adding in steps (e.g., 2–3 tranches), preferably on weaker days, while monitoring Coller closing/integration updates and fee-generating asset trends through Q3.

Strong growth in fee-generating capital through Coller and McGill plus buybacks continue to support the add signal despite integration risks and insider sales.

Market sentiment Positive →
Trend: Stable

Sentiment is mixed with short-term negative pressure from insider sales weighing against the strategic acquisitions.

Risk assessment High
Dilution: Low Buybacks and strong cash generation limit dilution
Jurisdiction: Low Mainly Sweden/EU/US with stable regimes
Execution: Medium Coller integration and ongoing platform expansion

BUY is the call. Positive is the market mood. High risk means a lot can go wrong.

Latest change
  • 18 Jul 2026 — The H1 2026 report (July 17) showed strong growth in fee-generating assets (FAUM) and high investment/exit activity; a buyback of up to 4.4M shares was announced the same day.

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About the company

EQT AB is a global alternative asset manager running funds across private equity, infrastructure, real estate, and venture/growth. Revenues are primarily driven by management fees on locked-up capital plus performance-based carried interest from exits. The platform is expanding through fundraising and strategic M&A, including the agreed acquisition of Coller Capital (secondaries).

Sector: Private equity and alternative asset management
Type: Finance
Next report (Q3)
14 Oct 2026
Catalysts
●
14 Oct 2026
Q3 2026 report High
Bull case

The acquisitions broaden EQT’s platform into secondaries and specialty insurance and reinforce long-term fee generation.

Bear case

Large-scale insider sales and integration work across multiple major transactions may create short-term resistance and uncertainty.

Why this signal

Strong growth in fee-generating capital through Coller and McGill plus buybacks continue to support the add signal despite integration risks and insider sales.

Recent news
  • EQT has completed the Coller Capital merger, lifting AUM to EUR 341 billion and adding secondaries strategies. The USD 2 billion acquisition of McGill and Partners has been announced. At the same time, major shareholders and key executives sold shares worth over SEK 3 billion.

Key figures

Revenue
H1 2026
EUR 1.6B
EBITDA
H1 2026
EUR 837M
Net income
H1 2026
EUR 663M
Exchange
Stockholm
Type
Finance
Sector
Private equity and alternative asset management
EQT AB (publ) EQT
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Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.