A few other analyst updates following the earnings report (Nyhetsbyrån Direkt, Finwire).
- UBS raises Saab’s target price to 790 SEK (760) and reiterates a Buy rating
- Bank of America raises the target price to 725 SEK (700) and reiterates a Buy rating
- “"»The main takeaway is strengthened confidence that consensus analyst expectations for 2027 are too low«, writes the bank. It emphasizes that out of Saab’s 364 billion SEK order backlog, 102 billion is already scheduled for delivery during 2027. According to Bank of America, analysts are especially underestimating the Surveillance business area, which manufactures radar systems, among other things."”
- “"Saab’s new medium-term financial framework, which may be presented in early 2027, could mean raised targets."”
- Morgan Stanley raises the target price to 720 SEK (700) and reiterates an Overweight rating
- SB1 raises the target price to 660 SEK (650) and reiterates a Neutral rating, ‘successes already priced in’
- “"SB1 raises its 2027–2028 earnings estimates by 2–3 percent, but considers the successes to already be priced into the stock. The stock trades at a 25x multiple on estimated 2027 EBIT, representing a 51 percent valuation premium compared to European peers."”
- SEB Equities raises the target price to 650 SEK (619) and reiterates a Hold rating