Saab B, SE0021921269

Saab B stock reports strong Q2 growth as backlog hits SEK 318 billion

Published on 10/07/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saab B stock was trading at SEK 597.70 on October 7, 2026, while Q2 revenue reached SEK 25.5 billion. The backlog stood at SEK 318 billion.

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 stock (ISIN SE0021921269) was trading at SEK 597.70 on Nasdaq Stockholm on October 7, 2026, at 1:30 p.m. CEST, down 0.27 percent from the prior close. The latest operating picture combines 29.8 percent organic sales growth in the second quarter with an order backlog of SEK 318 billion at June 30, 2026.

Q2 growth lifts operating profit

Saab reported second-quarter revenue of SEK 25.5 billion and operating income of SEK 2.79 billion, up 41 percent from the year-earlier quarter, according to Nordic Defence Review in its September 23, 2026 review of the July 17 results. The operating margin reached 11.0 percent, compared with 10.0 percent in the comparable period.

The earnings mix matters because the margin expanded while order bookings reached SEK 68.4 billion in the first half of 2026. Saab's investor-relations page lists the SEK 318 billion backlog as of June 30, 2026, giving the company a large delivery base for future periods, according to Saab.

Consensus stays above the share price

Simply Wall St lists 13 analysts and a consensus fair value of SEK 633.86, raised from SEK 620.93 in an update dated October 2, 2026. The consensus fair value lies 6.1 percent above the SEK 597.70 market price, while the published target range cited in the update spans SEK 600 to SEK 740, according to Simply Wall St. The gap is positive for the valuation case, but the same analysis highlights execution and contract-conversion risk as the backlog expands.

The next scheduled checkpoint is Saab's third-quarter 2026 report on October 23, 2026. That date is listed by Simply Wall St, making order conversion and margin delivery the next measurable tests for the stock.

Stock remains below yearly high

At SEK 597.70 on October 7, 2026, Saab B stock stood below its 52-week high of SEK 748.80 and above its 52-week low of SEK 445.10. Market capitalization was SEK 316.9 billion and trading volume was 513,948 shares at the same timestamp.