Saab deepens Gripen engine ties and Saab B stock costs EUR 52.74
Published on 10/09/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Saab signed a Gripen E/F engine cooperation agreement with GKN Aerospace on October 8, 2026.
- Lang & Schwarz quoted Saab B at EUR 52.74 on October 9, 2026, plus 0.80 percent versus EUR 52.32.
- Q2 2026 revenue reached SEK 25.45 billion, up 32.80 percent year over year.
- Pareto Securities raised its target from SEK 645 to SEK 690 on October 7, 2026.
Saab (ISIN SE0021921269) signed an agreement with GKN Aerospace on October 8, 2026, laying the foundation for deeper cooperation on the Gripen E/F engine program, according to Saab. At 12:53 p.m. CEST on October 9, 2026, the Lang & Schwarz quote stood at EUR 52.74, up 0.80 percent from the prior close of EUR 52.32.
Analysts raise the earnings bar
On October 7, 2026, Pareto Securities raised its Saab target to SEK 690 from SEK 645 and repeated its Buy rating, as reported by Placera. The new target lies 17.07 percent above Saab's primary-exchange price of SEK 589.40 on October 9, 2026.
Pareto projected third-quarter 2026 revenue of SEK 20.10 billion, 26.00 percent higher year over year, and order intake of SEK 61.60 billion, 21.00 percent above consensus. Those estimates put execution and valuation at the center of the upcoming report.
What does the engine agreement mean?
The agreement expands Saab's existing Gripen C/D engine relationship with GKN Aerospace to the Gripen E/F program. Saab's official release said the cooperation will add expertise, capacity and technical support, while the company had 29,000 employees in the same October 8, 2026 release.
Saab's order backlog stood at SEK 318.00 billion on June 30, 2026, according to Saab. The backlog gives the engine cooperation a commercial context, but the agreement itself does not disclose a contract value.
Three dated milestones and two dates
On July 17, 2026, Q2 revenue reached SEK 25.45 billion and operating income was SEK 2.79 billion, with revenue growth of 32.80 percent year over year, according to Affärsvärlden. On September 9, 2026, Saab received an order worth SEK 2.90 billion for work on a future air-combat system, as reported by Marketscreener. The October 8, 2026 Gripen E/F engine agreement is the latest milestone.
Saab's next interim report is scheduled for October 23, 2026, with the presentation at 10:00 a.m. CET, according to Marketscreener. Affärsvärlden lists the annual report for February 5, 2027.
Saab B trades near its October range
On Nasdaq Stockholm, Saab B was last at SEK 589.40 on October 9, 2026 at 12:55 p.m. CEST. Its market capitalization was SEK 312.5 billion, while the 52-week range was SEK 445.10 to SEK 748.80.
At Lang & Schwarz, Saab B was trading at EUR 52.74 on October 9, 2026 at 12:53 p.m. CEST, plus 0.80 percent versus the prior close of EUR 52.32 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Saab B stock.
Saab B market and company facts
- Company: Saab AB (publ)
- ISIN: SE0021921269
- Ticker: SAAB B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 9, 2026, 12:53 p.m. CEST): EUR 52.74
- Change versus prior close: plus 0.80 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 52.32
- Market capitalization: SEK 312.5 billion (as of October 9, 2026)
- 52-week range: SEK 445.10-748.80 (as of October 9, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report OMX Stockholm 30.
