Saab B, SE0021921269

Pareto raises target for Saab stock to SEK 690 from SEK 645

Published on 10/13/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached SEK 25.45 billion in the second quarter, up 29 percent year on year. Saab stock was EUR 54.37 on October 13, 2026.

Key points in brief

Pareto Securities raised its Saab target from SEK 645 to SEK 690 on October 7, 2026.
Saab reported second-quarter revenue of SEK 25.45 billion, up 29 percent year on year.
The Lang & Schwarz price was EUR 54.37 on October 13, 2026.
Saab is scheduled to publish its January to September report on October 23, 2026.

Fotorealistischer Flugzeughangar mit Technikern an Rüstungsstandort in Skandinavien — Saab AB (ISIN SE0000112385) zeigt fotorealistisch einen Flugzeughangar mit Wartungsteam an einem Rüstungsstandort, Illustration mit AI erstellt.

Pareto Securities raised its target for Saab stock from SEK 645 to SEK 690 on October 7, 2026, while repeating its Buy recommendation, according to EFN. The forecast points to SEK 61.60 billion in third-quarter order intake, 21 percent above consensus.

Pareto lifts the target

Pareto expects Saab to deliver revenue growth of 26 percent and an operating margin of 9.40 percent in the third quarter of 2026. The analyst case rests on continuing order momentum and increased interest in GlobalEye, while costs linked to the T-7 program are expected to limit part of the margin improvement.

The target revision followed Saab's second-quarter performance. According to Simply Wall St, revenue reached SEK 25.45 billion in the second quarter of 2026, up 29 percent from the second quarter of 2025. Net income rose 40 percent to SEK 2.14 billion, while the profit margin increased to 8.40 percent from 7.70 percent.

Three dated signals

On July 17, 2026, Saab's second-quarter figures showed SEK 25.45 billion in revenue and SEK 2.14 billion in net income, according to Simply Wall St. On October 7, Pareto set the SEK 690 target after raising it from SEK 645, as BorsKollen reported. On October 9, Saab announced its January to September interim report date for October 23, 2026, according to the company's investor relations release.

What does October 23 mean?

The upcoming report will test whether the expected SEK 61.60 billion order intake and 9.40 percent operating margin materialize. The comparison matters because the second quarter already delivered 29 percent revenue growth and a 40 percent increase in net income.

Dates set the next test

Saab will publish its January to September 2026 interim report on October 23, 2026, at 7:30 a.m. CET, with the presentation at 10:00 a.m. CET, according to Saab. The annual report is scheduled for February 5, 2027, according to Affarsvarlden.

Saab stock stays tied to execution

Saab's order backlog stood at SEK 318 billion on June 30, 2026, while its products were sold in more than 100 countries, according to the company's investor relations page. At Lang & Schwarz, Saab B was trading at EUR 54.37 on October 13, 2026 at 9:51 a.m. CEST. On Nasdaq Stockholm, the stock was last at SEK 610.80 on October 13, 2026 at 9:59 a.m. CEST, with a market capitalization of SEK 323.9 billion and a 52-week range of SEK 445.10 to SEK 748.80. The further course of trading is shown by the continuously updated real-time quote of Saab B stock.