Saab B stock steadies as Finnish order lifts defense case

Saab B stock is supported by a SEK 1.2 billion Finnish air defense order, while the share last closed at SEK 641.20 and traded above that level in August 2026 snapshots.

Saab AB B (SE0000112385) stock traded around SEK 641.20 at the last close on August 28, 2026, while intraday quotes on the same date reached SEK 643.00 and SEK 644.10. A recent order headline from the Finnish order report put the value of that deal at SEK 1.2 billion and added a fresh catalyst for the share.

Order value and market level

The same market snapshots showed Saab B up 19.27 percent since the start of 2026, even as the consensus twelve-month target in the cited quote overview stood at SEK 616.31. That puts the stock at a premium of 3.88 percent versus the average target, a gap that leaves room for debate between order momentum and valuation discipline.

For investors, the key number is the contrast between SEK 641.20 and SEK 616.31, because it gives the market's current price more context than the order headline alone.

Latest reported numbers

The most recent operating context in the available results points to a strong defense backlog story: the company was tied to a SEK 1.2 billion Finnish air defense order, and the same-day market data showed a share price of SEK 641.20 on August 28, 2026. The fresh order figure matters because it is large enough to matter for sentiment, yet still small enough versus Saab's market value that investors are likely to focus on execution rather than the headline size alone.

Historical context also matters. A market-cap page in the results listed Saab AB at SEK 304.38 billion, with the page itself flagging that figure as of October 6, 2025. That older valuation reference is useful only as background, not as a current read on the business.

Gripen and radar demand

Saab's defense mix still centers on systems such as the Gripen fighter, surveillance radar, missile defense, and related services. Those are the product lines that turn a one-off order into recurring revenue, spare parts flow, and follow-on maintenance work.

The share price context and the order value suggest that Saab B is trading on a combination of new contract flow and a demanding valuation comparison. With the last close at SEK 641.20 and the average target at SEK 616.31, the market is already discounting a good part of the recent optimism.

Saab B at a glance

Company: Saab AB (publ)

ISIN: SE0000112385

Ticker: SAAB-B.ST

Exchange: Stockholm Stock Exchange

Sector / Industry: Industrials / Aerospace & Defense

Index membership: OMX Stockholm 30

Price (as of August 28, 2026, 4:00 p.m. ET): SEK 641.20

Market cap: SEK 304.38 billion

Next earnings date: September 23, 2026