Saab B, SE0021921269

SEB raises target for Saab B stock from SEK 619 to SEK 650

Published on 10/27/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saab booked SEK 65.83 billion in Q3 orders on October 23, 2026. Saab B stock costs EUR 58.51 on October 27, 2026, and backlog was SEK 364.00 billion.

Analyst view and operating scale

SEB set a SEK 650.00 target from SEK 619.00 on October 27, 2026.
Saab reported SEK 65.83 billion in third-quarter orders on October 23, 2026.
Saab B stock trades at EUR 58.51 at 10:48 a.m. CEST at Lang & Schwarz on October 27, 2026.

Saab B, SE0021921269, Illustration mit AI erstellt.

Saab B (ISIN SE0021921269) was quoted at EUR 58.51 at Lang & Schwarz on October 27, 2026 at 10:48 a.m. CEST. According to MarketScreener on October 27, 2026, SEB raised its target for Saab from SEK 619.00 to SEK 650.00 and kept a hold rating.

Q3 orders set the scale

Saab's January-September 2026 report showed order bookings of SEK 65.83 billion in the third quarter, including SEK 24.60 billion for Gripen E to Ukraine, SEK 10.10 billion for GlobalEye and SEK 8.70 billion for systems for German frigates. Saab reported sales of SEK 20.55 billion and organic sales growth of 30.60 percent for the quarter ended September 30, 2026.

The same report put operating income at SEK 1.95 billion, up 42.00 percent from SEK 1.37 billion a year earlier, while operational cash flow reached SEK 6.79 billion versus SEK 142.00 million in the year-earlier quarter. The order backlog stood at SEK 364.00 billion on September 30, 2026.

What does the valuation mean?

Inderes cut its recommendation to Reduce from Accumulate on October 26, 2026, while lifting its target from SEK 635.00 to SEK 670.00. Its analysis said the change reflected valuation after strong results, not a deterioration in Saab's operating direction, and linked the quarter's performance to Surveillance and Naval. The statement appears in Inderes's October 26, 2026 research.

Barclays also raised its target from SEK 755.00 to SEK 760.00 on October 26, 2026 and retained an overweight recommendation. MarketScreener reported that the bank saw third-quarter order intake 12.00 percent above expectations and raised its 2026 cash-flow forecast to SEK 11.50 billion.

Three recent Saab milestones

On October 15, 2026, Saab presented the first GlobalEye aircraft ordered for Sweden; on October 23, 2026, it reported SEK 65.83 billion in third-quarter orders; on October 27, 2026, SEB raised its target from SEK 619.00 to SEK 650.00. The chronology moves from product delivery to financial execution and then to the analyst response.

Dates and the next report

Saab's next explicitly scheduled reporting date is February 5, 2027, when it will publish fourth-quarter and full-year 2026 results at 7:30 a.m. CET, according to Saab.

Stock quote and market value

Saab's current quotation gives investors a euro reference while the Swedish listing remains the primary market for the B share. The finance data snapshot put the market capitalization at SEK 344.0 billion and the 52-week range at SEK 445.10 to SEK 748.80 as of October 27, 2026.

Saab B was trading at EUR 58.51 at Lang & Schwarz on October 27, 2026 at 10:48 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Saab B stock.