Saab B stock: Bank of America reiterates SEK 720 target for Saab B stock
Published on 10/21/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget stays at SEK 720
- Bank of America reiterated its SEK 720 target for Saab on October 15, 2026.
- Second-quarter 2026 revenue rose 29.80 percent to SEK 25.45 billion.
- Saab B stock costs EUR 57.58 at Lang & Schwarz on October 21, 2026, 1.07 percent above the Xetra close of October 20, 2026 at EUR 56.97.
- Saab's next interim report is scheduled for October 23, 2026.
Bank of America reiterated its Buy recommendation and SEK 720 target for Saab on October 15, 2026, according to MarketScreener. The target is 12.96 percent above Saab's SEK 637.40 Nasdaq Stockholm price on October 21, 2026 at 4:40 p.m. CEST. At Lang & Schwarz, Saab B traded at EUR 57.58 on October 21, 2026 at 4:34 p.m. CEST, up 1.07 percent versus the Xetra close of October 20, 2026 at EUR 56.97.
Second-quarter growth sets the baseline
Saab's second-quarter 2026 revenue rose 29.80 percent year over year to SEK 25.45 billion, while net income increased 49.10 percent to SEK 2.14 billion. Operating income reached SEK 2.79 billion, up 45.90 percent, and the operating margin was 10.90 percent. These figures come from Saab's reported second-quarter results summarized by Simply Wall St.
Stock remains below its yearly high
Saab's Nasdaq Stockholm price was SEK 637.40 on October 21, 2026 at 4:40 p.m. CEST. Its 52-week range was SEK 445.10 to SEK 748.80, placing the price 14.88 percent below the high and 43.20 percent above the low. Trading volume reached 528,805 shares, while the year-to-date gain stood at 18.94 percent on October 20, 2026.
Valuation meets two reporting dates
Saab carried a price-to-earnings ratio of 48.62 and a market capitalization of SEK 338.0 billion on October 21, 2026. The next interim report is scheduled for October 23, 2026, with publication at 7:30 a.m. CET and a presentation at 10:00 a.m. CET, according to Saab. The company has also scheduled its full-year 2026 results for February 5, 2027.
Comparison with peers
Saab B: up 1.07 percent, P/E 48.62, market capitalization SEK 338.0 billion.
BAE Systems: down 1.26 percent, P/E 27.49, market capitalization GBP 56.3 billion.
Lockheed Martin: down 0.63 percent, P/E 20.11, market capitalization USD 125.8 billion.
Target and execution remain linked
Bank of America's target sits above the current Stockholm price, but Saab's valuation is also higher than the two defense peers listed above. The upcoming report therefore provides a concrete test of whether second-quarter growth and the order pipeline are translating into sustained earnings and cash generation.
Saab's business spans aeronautics, weapons, command and control, sensors, underwater systems and civil security. The company operates in more than 30 countries and sells products to more than 100 countries.
The further course of trading is shown by the continuously updated real-time quote of Saab B stock.
Saab B market data
- Company: Saab AB (publ)
- ISIN: SE0021921269
- Ticker: SAAB-B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 21, 2026, 4:34 p.m. CEST): EUR 57.58
- Change versus Xetra close: plus 1.07 percent
- Xetra close (October 20, 2026): EUR 56.97
- Market capitalization: SEK 338.0 billion (as of October 21, 2026)
- 52-week range: SEK 445.10-748.80 (as of October 21, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report OMXS30.
