Kongsberg stock holds firm as defense data stays strong
Published on 08/28/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kongsberg Gruppen ASA (NO0003043309) traded at NOK 315.40 on August 28, 2026, with a market value of NOK 277.429 billion and a 52-week range of NOK 228.50 to NOK 425.90.
Defence valuation stays rich
The shares were up 0.77% in the latest market snapshot, while the Oslo quote page showed a day range of NOK 311.90 to NOK 316.50 and volume of 172,077 shares. That places the stock well above its 52-week low and still below the 52-week high.
Recent market commentary has kept attention on Nordic defense names, and the company trades with a P/E ratio of 44.98 and trailing EPS of 26.08. The valuation gap matters because the market is paying for continued execution, not just the sector backdrop.
Latest reported figures
For the most recent reported quarter in the source set, Q2 FY26 revenue was $3.29 billion and earnings were $124 million, with profit margin at 3.77%. The same source put Q2 FY26 EPS at 7.52 versus an estimate of 6.6, which is a beat of 0.92.
That comparison gives the stock a concrete support point: the latest quarter delivered higher earnings than expected while revenue stayed above the $3 billion mark. In the same snapshot, the company carried a market cap of $54.751 billion and a trailing revenue figure of $11.41 billion.
What investors are watching
Peer pricing in European aerospace and defense remains mixed, with names such as Rheinmetall and Leonardo showing different market-cap profiles and valuation levels in the same sector bucket. For Kongsberg, the key question is whether current margins and order momentum can justify a valuation that still reflects strong expectations.
Product line check
The company's defence portfolio spans missile systems, naval solutions, and electronic warfare, with Kongsberg's Naval Strike Missile among its best-known products. That mix matters because the market is weighing contract visibility against execution risk in a defense cycle that remains data-rich and valuation-sensitive.
Price and trading view
Kongsberg stock was quoted at NOK 315.40 in the latest session, versus NOK 314.50 in a separate real-time snapshot from August 28, 2026. The stock therefore held close to the same trading band while investors continued to price in a NOK 277.429 billion market cap.
Company details
Company: Kongsberg Gruppen ASA
ISIN: NO0003043309
Ticker: KOG
Exchange: Oslo
Sector / Industry: Industrials / Aerospace & Defense
Index membership: OSEBX
