Barclays raises target for Saab B stock from SEK 755 to SEK 760
Published on 10/26/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and Saab results
- Barclays raised its Saab target to SEK 760.00 on October 26, 2026.
- Third-quarter sales reached SEK 20,553 million, up 29.5 percent year over year.
- Saab B stock traded at EUR 57.82 at 10:31 a.m. CET at Lang & Schwarz on October 26, 2026.
Saab B (ISIN SE0021921269) was trading at EUR 57.82 at Lang & Schwarz on October 26, 2026 at 10:31 a.m. CET. The latest analyst move followed Saab's third-quarter report, which showed strong sales growth and record order bookings.
According to MarketScreener on October 26, 2026, Barclays raised its price target for Saab from SEK 755.00 to SEK 760.00 and maintained an overweight rating. The update came after the company reported its January to September 2026 results.
Q3 sales reach SEK 20,553 million
Saab said on October 23, 2026 that third-quarter sales reached SEK 20,553 million, compared with SEK 15,871 million a year earlier. That was 29.50 percent higher, while organic sales growth reached 30.60 percent.
Order bookings rose to SEK 65,825 million from SEK 20,861 million in the third quarter of 2025. EBIT increased 42.00 percent to SEK 1,945 million, lifting the EBIT margin to 9.50 percent from 8.70 percent. Operating cash flow rose to SEK 6,785 million from SEK 142 million.
What powered the margin expansion?
Inderes wrote on October 23, 2026 that Surveillance sales increased 65.00 percent and Naval sales grew 41.00 percent. The analyst said the higher mix of Surveillance sales helped raise the EBIT margin, while Dynamics remained a weaker area because of research and development costs and product mix.
Three Saab events since October 16
On October 16, 2026, Saab, the Swedish Defence Materiel Administration and the Swedish Armed Forces launched one large uncrewed underwater vehicle demonstrator, according to Saab. On October 20, 2026, the company introduced one Allied Mission System platform for space operations. On October 23, 2026, Saab reported SEK 65,825 million in third-quarter order bookings.
Two dates for the reporting calendar
Saab scheduled its full-year 2026 results for February 5, 2027. The next third-quarter report is scheduled for October 26, 2027.
Stock price and analyst view
The combination of faster sales, higher order bookings and stronger cash flow gives the analyst updates a concrete operating backdrop. Barclays raised its target to SEK 760.00, while Inderes put the quarter's revenue at SEK 20,553 million and adjusted EBIT at SEK 1,945 million.
Saab B was trading at EUR 57.82 at Lang & Schwarz on October 26, 2026 at 10:31 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Saab B stock.
Saab B stock at a glance
- Company: Saab AB (publ)
- ISIN: SE0021921269
- Ticker: SAAB-B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 26, 2026, 10:31 a.m. CET): EUR 57.82
- Sector / Industry: Aerospace and defense
Market context: Market report OMXS30.
