diff --git a/smb/kio_smb.h b/smb/kio_smb.h
--- a/smb/kio_smb.h
+++ b/smb/kio_smb.h
@@ -278,6 +278,7 @@
     void smbCopy(const QUrl& src, const QUrl &dest, int permissions, KIO::JobFlags flags);
     void smbCopyGet(const QUrl& src, const QUrl& dest, int permissions, KIO::JobFlags flags);
     void smbCopyPut(const QUrl& src, const QUrl& dest, int permissions, KIO::JobFlags flags);
+    bool workaroundEEXIST(const int errNum) const;
 
     void fileSystemFreeSpace(const QUrl &url);
 
@@ -288,6 +289,8 @@
      */
     int m_openFd;
     SMBUrl m_openUrl;
+
+    const bool m_enableEEXISTWorkaround;
 };
 
 //==========================================================================
diff --git a/smb/kio_smb.cpp b/smb/kio_smb.cpp
--- a/smb/kio_smb.cpp
+++ b/smb/kio_smb.cpp
@@ -31,12 +31,41 @@
 #include "kio_smb.h"
 #include "kio_smb_internal.h"
 #include <QCoreApplication>
+#include <QString>
+#include <QVector>
 
 Q_LOGGING_CATEGORY(KIO_SMB, "kio_smb")
 
+bool checkEnableEEXISTWorkaround()
+{
+    /* There is an issue with some libsmbclient versions that return EEXIST
+     * return code from smbc_opendir() instead of EPERM when the user
+     * tries to access a resource that requires login authetification.
+     * We are working around the issue by treating EEXIST as a special case
+     * of "invalid/unavailable credentials" if we detect that we are using
+     * the affected versions of libsmbclient
+     *
+     * Upstream bug report: https://bugzilla.samba.org/show_bug.cgi?id=13050
+     */
+    static const QVector<QString> brokenVersions{ "4.7.0" };
+
+    const QString currentVerString = QString::fromLatin1(smbc_version());
+    qCDebug(KIO_SMB) << "Using libsmbclient library version" << currentVerString;
+
+    for (const QString &verString : brokenVersions) {
+        if (verString == currentVerString) {
+            qCDebug(KIO_SMB) << "Detected broken libsmbclient version" << verString;
+            return true;
+        }
+    }
+
+    return false;
+}
+
 //===========================================================================
 SMBSlave::SMBSlave(const QByteArray& pool, const QByteArray& app)
-    : SlaveBase( "smb", pool, app ), m_openFd(-1)
+    : SlaveBase( "smb", pool, app ), m_openFd(-1),
+      m_enableEEXISTWorkaround(checkEnableEEXISTWorkaround())
 {
     m_initialized_smbc = false;
 
diff --git a/smb/kio_smb_browse.cpp b/smb/kio_smb_browse.cpp
--- a/smb/kio_smb_browse.cpp
+++ b/smb/kio_smb_browse.cpp
@@ -469,7 +469,7 @@
    }
    else
    {
-       if (errNum == EPERM || errNum == EACCES) {
+       if (errNum == EPERM || errNum == EACCES || workaroundEEXIST(errNum)) {
            if (checkPassword(m_current_url)) {
                redirection( m_current_url );
                finished();
@@ -518,3 +518,8 @@
     finished();
 }
 
+bool SMBSlave::workaroundEEXIST(const int errNum) const
+{
+	return errNum == EEXIST && m_enableEEXISTWorkaround;
+}
+