Saab B, SE0021921269

Saab B stock: Inderes forecasts SEK 19.94 billion Q3 revenue for Saab B stock

Published on 10/20/2026 at 16:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Inderes sees 18.00 percent Q3 revenue growth. Saab B stock costs EUR 57.54 on October 20, 2026, 0.72 percent below Tradegate close.

Q3 estimates and trading level

Inderes put Q3 revenue consensus at SEK 19.94 billion on October 19, 2026.
Inderes forecast Q3 revenue of SEK 18.78 billion and adjusted operating income of SEK 1.57 billion.
Saab B stock costs EUR 57.54 at Lang & Schwarz on October 20, 2026 at 4:01 p.m. CEST, 0.72 percent below the Tradegate close of October 19, 2026.
Saab reports its January to September 2026 results 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.

Saab B (ISIN SE0021921269) faces a third-quarter revenue consensus of SEK 19.94 billion, according to Inderes on October 19, 2026. The research firm estimated revenue at SEK 18.78 billion, up 18.00 percent from SEK 15.87 billion in the third quarter of 2025, while adjusted operating income was forecast at SEK 1.57 billion. At Lang & Schwarz, Saab B stock was trading at EUR 57.54 on October 20, 2026 at 4:01 p.m. CEST, 0.72 percent below the Tradegate close of October 19, 2026 at EUR 57.96.

Execution matters more than demand

Inderes expects third-quarter order intake of SEK 55.60 billion on a consensus basis, compared with SEK 20.86 billion in the third quarter of 2025. The estimate reflects contracts already announced for Gripen, GlobalEye and German frigates, so delivery timing and cash generation are more important than the headline order number.

The research firm also expects adjusted operating income of SEK 1.57 billion, against SEK 1.37 billion a year earlier. That would leave the adjusted operating margin at 8.30 percent, below 8.70 percent in the third quarter of 2025. Inderes identified seasonal effects, product mix and ramp-up costs as factors behind the lower margin.

SEK 748.80 remains the high

Saab B traded on Nasdaq Stockholm at SEK 635.40 on October 20, 2026, with a 52-week range of SEK 445.10 to SEK 748.80. The stock was up 17.97 percent in 2026 as of that date, while reported volume stood at 206,437 shares. The market capitalization was SEK 339.7 billion, and the price-to-earnings ratio was 48.88.

Results date and valuation

Saab's investor-relations page says the company will publish its January to September 2026 interim report on October 23, 2026, with a presentation of the results. The same page reported an order backlog of SEK 318 billion as of June 30, 2026, giving the coming report a substantial base of contracted work. Saab serves defense, aerospace and civil-security customers in more than 100 countries.

The latest reported quarter showed how quickly the business is expanding. wallstreetONLINE cited second-quarter 2026 revenue of SEK 25.45 billion, operating income of SEK 2.79 billion and order intake of SEK 68.39 billion. Those figures put the emphasis on whether deliveries and working capital kept pace with order growth during the third quarter.

Stock trades below its October high

For investors, the key contrast is clear: the Q3 consensus points to SEK 19.94 billion of revenue, while Inderes sees SEK 18.78 billion. Saab's October 23 report will show whether delivery execution can close that gap and whether the margin stays near the 8.30 percent estimate.

Saab B stock was trading at EUR 57.54 at Lang & Schwarz on October 20, 2026 at 4:01 p.m. CEST, 0.72 percent below the Tradegate close of October 19, 2026 at EUR 57.96. The further course of trading is shown by the continuously updated real-time quote of Saab B stock.