Saab signs Canada GlobalEye term sheet. Saab B stock falls 4.29 percent
Published on 10/06/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Saab B (ISIN SE0021921269) was trading at EUR 53.26 at Lang & Schwarz on October 6, 2026, down 4.29 percent from the EUR 55.65 prior close. On September 25, 2026, Saab signed a non-binding term sheet with Canada covering six GlobalEye aircraft, according to Saab.
Canada deal advances GlobalEye talks
The agreement establishes the scope and framework for detailed negotiations with the Canadian Defence Investment Agency and the Royal Canadian Air Force. Saab said the proposed program includes six aircraft, associated systems, training and support, making the announcement a negotiation milestone rather than a booked order.
The term sheet adds to a GlobalEye pipeline that has become central to Saab's surveillance strategy. Management said in the second-quarter presentation that production capacity is being expanded toward six aircraft annually in the 2030 timeframe, while the company is also pursuing opportunities with Canada and NATO.
Second-quarter figures show operating leverage
Saab reported second-quarter 2026 sales of SEK 25.45 billion, compared with SEK 19.16 billion in the first quarter, while operating profit reached SEK 2.79 billion versus SEK 1.91 billion in the preceding quarter. The figures are also reported by Nordic Defence Review.
Order intake reached SEK 68.40 billion in the first half of 2026, including a SEK 47.00 billion Polish submarine order, according to the same report. The order backlog stood at SEK 318.00 billion on June 30, 2026, giving the GlobalEye negotiations a broader capacity and delivery backdrop.
Analyst target stays above the quote
MarketScreener reported on September 21, 2026 that Barclays raised its Saab target to SEK 755.00 from SEK 740.00 and reiterated an overweight rating. The same page lists 14 analyst ratings and an average target of SEK 629.21, placing the consensus below the Barclays target.
On Nasdaq Stockholm, Saab was last quoted at SEK 597.30 on October 6, 2026 at 2:11 p.m. CEST. The structured market snapshot puts the 52-week range at SEK 445.10 to SEK 748.80 and market capitalization at SEK 316.7 billion, so the latest euro quote sits below the company's current Swedish-market high range context.
Stock trades lower after strong quarter
Saab's Lang & Schwarz quote was EUR 53.26 in trading on October 6, 2026 at 2:06 p.m. CEST, down 4.29 percent versus the Lang & Schwarz prior close of EUR 55.65 on October 5, 2026. 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 6, 2026, 2:06 p.m. CEST: EUR 53.26
- Change versus prior close: minus 4.29 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 55.65
- Market capitalization: SEK 316.7 billion as of October 6, 2026
- 52-week range: SEK 445.10-748.80 as of October 6, 2026
- Sector / Industry: Industrials / Aerospace and Defense
