Kongsberg stock reports 31.3 percent Q2 revenue growth

Published on 09/28/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank set a NOK 360.00 target on September 10, 2026, while Q2 EBIT margin reached 16.1 percent. Kongsberg stock was last at NOK 311.50 on September 28.

Fotorealistische Verteidigungsanlage mit Radarturm bei Dämmerung, norwegische Küstenlandschaft — Kongsberg Gruppen ASA NO0003043309 zeigt eine norwegische Verteidigungsanlage mit Radaranlage bei Dämmerung, Illustration mit AI erstellt.

Kongsberg stock (ISIN NO0003043309) is tied to Q2 2026 revenue of NOK 10.389 billion, up 31.3 percent from the prior-year period, while EBIT margin reached 16.1 percent. The shares were last at NOK 311.50 on Oslo Bors on September 28, 2026, down 0.38 percent from the previous close.

Q2 revenue rises 31.3 percent

Kongsberg lists its Q2 2026 report under the July 13, 2026 half-year reporting date. A financial analysis published by Muffett Investments puts quarterly revenue at NOK 10.389 billion, with year-over-year growth of 31.3 percent and an EBIT margin of 16.1 percent.

The comparison matters because the business is growing while maintaining a double-digit operating margin. The same analysis cites a Q2 order backlog of NOK 157.5 billion, up 35.1 percent year over year, giving investors a measurable execution benchmark for future quarters.

Deutsche Bank sets NOK 360.00 target

As MarketScreener reported on September 10, 2026, Deutsche Bank initiated coverage with a Buy rating and a NOK 360.00 price target. The target stands 15.57 percent above the September 28 price of NOK 311.50, based on the two stated values.

The bank highlighted Kongsberg's NOK 158.0 billion record order book and a NOK 100.0 billion revenue ambition for 2029, while identifying the missile business as a key growth driver. That assessment places backlog conversion and capacity expansion ahead of the October reporting date as the central operating tests.

Stock remains 27.05 percent below high

Kongsberg was last at NOK 311.50 on Oslo Bors at 4:25 p.m. CEST on September 28, 2026, with volume of 824,494 shares. The price sits 27.05 percent below the 52-week high of NOK 427.00 and above the 52-week low of NOK 228.50, while the market capitalization stood at NOK 274.0 billion.