FORN.SW Forbo +5.82% intraday 23 Jan 2026: CHF 963 momentum read
FORN.SW stock is the top intraday gainer on the SIX market on 23 Jan 2026, rising 5.82% to CHF 963.00 at mid-session. The jump follows a gap higher from the previous close of CHF 910.00, with a day high of CHF 967.00 and active intraday interest (volume 1,477). Investors are watching valuation and momentum: Forbo Holding AG (FORN.SW) trades at a PE of 16.86 and shows improving relative strength versus the Industrials sector in Switzerland.
FORN.SW stock: intraday price action and drivers
FORN.SW stock gained 5.82% intraday on 23 Jan 2026, moving from an open of CHF 959.00 to a high of CHF 967.00. One clear driver is the gap above the prior close (CHF 910.00) that triggered short-term momentum buying.
Volume is modest at 1,477 against an average of 2,677, suggesting selective buying rather than broad market rotation. The move aligns with a stronger Industrials session on SIX, where the sector shows a positive one-day performance of 1.93%.
Fundamentals: valuation and cash flow metrics for Forbo Holding AG (FORN.SW)
Forbo Holding AG (FORN.SW) trades at PE 16.86 with EPS CHF 56.75 and market cap CHF 1,349,947,071.00. Price-to-book is 2.22 and price-to-sales is 1.23, indicating a modest premium to book value.
Cash generation is healthy: free cash flow per share is CHF 38.25, free cash flow yield roughly 3.99%, and dividend per share is CHF 25.00 (dividend yield ~2.61%). The balance sheet shows low leverage (debt-to-equity 0.10) and a current ratio 2.58.
Technical snapshot and short-term targets for FORN.SW stock
Momentum indicators show a near-overbought RSI 69.34 and ADX 50.69, signaling a strong trend. Day support sits near CHF 944.00 and immediate resistance near the intraday high CHF 967.00.
Given the monthly model and intraday breakout, a short-term price target is CHF 985.00 with a conservative swing target of CHF 1,020.00 if buyers sustain above CHF 967.00. Traders should watch RSI and volume for confirmation.
Meyka AI rates FORN.SW with a score out of 100 and valuation view
Meyka AI rates FORN.SW with a score out of 100: 66.54 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The proprietary grade balances solid cash flow and low leverage against slower revenue growth.
Analyst-style signals in our dataset show a company rating of A (Buy) as of 22 Jan 2026, with DCF, ROE and ROA scores strong but PE and PB flagged neutral. Use this grade as a data point, not investment advice.
Earnings, calendar events and near-term risks for FORN.SW stock
Forbo’s next earnings announcement is scheduled for 03 Mar 2026. That event is a potential volatility trigger ahead of full-year results. Recent financial growth shows a revenue decline of 4.53% in FY 2024 and EPS contraction near 7.07%, which warrants monitoring.
Key risks: cyclical construction demand, inventory days high at 147.74, and a cash conversion cycle near 183.35 days. Offsetting strengths include stable margins (net margin 7.29%) and a strong current ratio.
How FORN.SW fits portfolio strategies and sector context
FORN.SW stock sits in the Industrials sector (Construction industry) on SIX in Switzerland and can play a defensive cyclical role. Relative to sector averages, Forbo’s PE of 16.86 sits below many Industrials names but above some peers, while ROE 12.99% is above sector median.
For income or diversification uses, the 2.61% yield and low leverage make FORN.SW suitable as a core holding for investors seeking exposure to flooring and movement systems. Short-term traders will focus on momentum and breakout levels.
Final Thoughts
FORN.SW stock is a clear intraday top gainer on 23 Jan 2026, up 5.82% to CHF 963.00 after breaking above prior resistance. Fundamentals support the rally: low leverage (debt-to-equity 0.10), EPS CHF 56.75, and a dividend yield near 2.61%. Technicals suggest momentum but point to near-term overbought conditions (RSI 69.34). Meyka AI’s forecast model projects a near-term monthly level of CHF 982.72, implying an upside of 2.05% versus the current price. The yearly model is more conservative at CHF 454.02, implying a downside of -52.86%, underlining model volatility and scenario risk. Meyka AI’s grade (score 66.54, B/HOLD) balances cash flow strength and valuation. Traders should watch the earnings release on 03 Mar 2026 and confirm strength with rising volume before adding positions. All forecasts are model-based projections and not guarantees.
FAQs
What caused the intraday rise in FORN.SW stock today?
Intraday buying lifted FORN.SW stock 5.82% on 23 Jan 2026 after a gap above the prior close (CHF 910.00). Momentum, low leverage and sector strength drove buying. Volume was moderate at 1,477 shares, suggesting selective interest.
What are the key valuation metrics for FORN.SW stock?
FORN.SW stock trades at PE 16.86, price-to-book 2.22, EPS CHF 56.75, and dividend yield about 2.61%. Free cash flow per share is CHF 38.25 and debt-to-equity is 0.10.
How does Meyka AI view FORN.SW stock and its forecast?
Meyka AI rates FORN.SW 66.54/100 (B, HOLD). Meyka AI’s forecast model projects a monthly level CHF 982.72 (+2.05% vs CHF 963.00) and a yearly projection CHF 454.02 (-52.86%). Forecasts are model-based projections and not guarantees.
When is Forbo’s next earnings release and why does it matter for FORN.SW stock?
Forbo’s next earnings announcement is set for 03 Mar 2026. The report can move FORN.SW stock by updating guidance, margins and cash-flow visibility, and may confirm whether the intraday momentum is durable.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
