Saab stock fell 1.70 percent on October 2 after leadership changes
Published on 10/04/2026 at 20:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Saab AB stock (ISIN SE0021921269) was last at SEK 612.60 on Nasdaq Stockholm on October 2, 2026, at 5:29 p.m. CEST, down 1.70 percent from the previous close. The company announced management changes effective October 1, 2026, including new leadership for its Dynamics and Aeronautics businesses, according to Saab in a release dated September 10, 2026.
Leadership shifts toward growth
Anders Carp became head of Dynamics while remaining deputy CEO, and Marcus Wandt took over Aeronautics. Lars Tossman moved to lead Group Strategy and Growth, giving Saab's next operating phase a more explicit link between delivery capacity, innovation and expansion.
The changes arrive after a strong Q2 2026 operating performance. Nordic Defence Review reported that quarterly sales reached SEK 25.5 billion, while EBIT rose 41 percent to SEK 2.79 billion and the operating margin reached 11 percent. Order bookings totaled SEK 68.4 billion and the order backlog stood at SEK 317.7 billion at the end of June 2026.
Consensus leaves limited upside
Valuation is now the counterweight to the growth figures. MarketScreener showed an Outperform consensus from 14 analysts, with an average target of SEK 629.21 and a last close of SEK 614.00. Against the October 2 price of SEK 612.60, the average target lies 2.7 percent above the price.
The same analyst page reported that Barclays raised its target from SEK 740 to SEK 755 on September 21, 2026, while retaining an Overweight rating. Citigroup separately lifted its target from SEK 527 to SEK 628 and kept a Neutral rating on September 22, 2026, according to MarketScreener.
Stock remains below yearly high
Saab's October 2 price was 18.2 percent below the 52-week high of SEK 748.80 and 37.6 percent above the low of SEK 445.10. The company had a market capitalization of SEK 324.8 billion and volume of 1,176,456 shares on that session.
The next dated checkpoints are the SEK 1.20 ex-dividend date on October 5, 2026, and Saab's Q3 2026 report on October 23, 2026. Saab lists the Q3 publication for 7:30 a.m. CET, while the ex-dividend date appears on MarketScreener.
Saab stock key facts
- Company: Saab AB (publ)
- ISIN: SE0021921269
- Ticker: SAAB B.ST
- Trading venue: Nasdaq Stockholm
- Price as of October 2, 2026, 5:29 p.m. CEST: SEK 612.60
- Market capitalization: SEK 324.8 billion (as of October 2, 2026)
- 52-week range: SEK 445.10-748.80 (as of October 2, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Upcoming dates for Saab stock
- October 5, 2026: Ex-dividend date for the SEK 1.20 interim dividend
- October 23, 2026: Q3 2026 interim report
