Saab B stock gains contract boost as SEK 2.9 billion fighter order lands

Saab AB B stock (ISIN SE0000112385) is trading near SEK 580 on Nasdaq Stockholm as of September 9, 2026, supported by a newly awarded SEK 2.9 billion order for future fighter system concept work from Sweden’s defence procurement agency.

Major SEK 2.9 billion fighter system order

According to Zonebourse on September 9, 2026, Saab has received a SEK 2.9 billion order from the Swedish Defence Materiel Administration (FMV) for concept work related to future fighter systems, a contract that reinforces the company’s long term position in advanced air combat solutions.

The same overview from Zonebourse describes the contract value as about SEK 3 billion, reiterating the scale of the order and its role in funding design work for the next generation of Swedish fighter aircraft.

For investors, the key point is that the SEK 2.9 billion to SEK 3 billion contract adds a sizeable, long duration workload to Saab’s backlog, underpinning revenue visibility in the company’s aeronautics and defense systems segments in the coming years.

Share price level and analyst targets

Per price data cited by Zonebourse on September 9, 2026, Saab B shares recently traded around SEK 579.95 in estimated real time on Cboe Europe, with a last official closing price of SEK 577.90 on Nasdaq Stockholm.

The same data set from Zonebourse shows an average analyst price target of SEK 620.93 for Saab B stock, implying a positive gap of about 7.45 percent between the SEK 577.90 last close and the consensus target level.

That distance to the target suggests that, even after the new fighter system contract, analysts view the shares as modestly undervalued relative to their fundamental and order book outlook, but without projecting dramatic upside.

As TradingView reported on September 9, 2026, Saab AB was trading about 0.67 percent higher at SEK 581.50 on the Stockholm Stock Exchange during that session, indicating a modest positive price reaction to the contract news rather than a sharp swing.

Latest rating signals and contract risk profile

Recent analyst commentary summarized by TipRanks on September 9, 2026 notes that the most recent rating on Saab B stock is Hold with a SEK 600.00 price target, positioning the shares slightly below that level based on the SEK 577.90 to SEK 581.50 trading range described by other sources.

Comparing the SEK 600.00 Hold target to the SEK 620.93 average target reported by Zonebourse shows that some houses remain cautious on valuation, seeing less upside than the broader consensus despite the strong contract momentum.

A key risk factor highlighted indirectly in the contract coverage is that the SEK 2.9 billion order is focused on concept and design work for future fighter systems, rather than full scale production; this means that long term revenue potential still depends on subsequent development and procurement decisions by Sweden and potential export customers.

For shareholders, the combination of a large design contract, a Hold rating with a SEK 600.00 target, and a roughly 7 percent gap to the SEK 620.93 average target frames Saab B stock as a defense name benefiting from robust order intake but priced at what some analysts describe as an exacting valuation.

Stock level on Nasdaq Stockholm

As of the latest completed session on Nasdaq Stockholm referenced by multiple price portals, Saab B stock closed at SEK 577.90, with intraday indications around SEK 579.60 to SEK 581.50 on September 9, 2026, leaving the shares trading below the average analyst target but modestly above their prior closing level.

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