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Saab AB
(SAAB.B)
Saab AB (SAAB.B) vs. iShares MSCI Sweden ETF (EWD)
Saab AB Business Overview & Revenue Model
Saab AB Earnings Call Summary
Saab AB Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 79.15B | 63.75B | 51.61B | 42.01B | 39.15B |
| Gross Profit | 17.17B | 13.66B | 11.26B | 8.89B | 8.21B |
| EBITDA | 11.19B | 8.49B | 7.36B | 4.84B | 4.35B |
| Net Income | 6.31B | 4.17B | 3.38B | 2.19B | 1.93B |
Balance Sheet | |||||
| Total Assets | 124.70B | 99.82B | 82.76B | 72.36B | 65.04B |
| Cash, Cash Equivalents and Short-Term Investments | 15.36B | 11.74B | 13.47B | 12.86B | 11.84B |
| Total Debt | 18.91B | 10.38B | 10.04B | 9.99B | 9.72B |
| Total Liabilities | 81.03B | 64.01B | 50.40B | 42.49B | 41.79B |
| Stockholders Equity | 43.34B | 35.50B | 32.03B | 29.49B | 22.98B |
Cash Flow | |||||
| Free Cash Flow | 5.99B | 1.89B | 2.92B | 2.34B | 3.19B |
| Operating Cash Flow | 12.11B | 6.73B | 6.46B | 4.65B | 5.71B |
| Investing Cash Flow | -11.57B | -4.18B | -5.92B | -2.44B | -4.70B |
| Financing Cash Flow | 574.00M | -1.93B | -1.23B | -1.18B | -1.64B |
Saab AB Technical Analysis
Saab AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr349.46B | 55.53 | 13.56% | 0.39% | 22.49% | 30.47% | |
69 Neutral | kr410.01M | 24.45 | 35.19% | 1.22% | 34.25% | 57.77% | |
64 Neutral | kr1.73B | 44.87 | ― | 2.75% | -3.14% | -35.70% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | kr6.15B | 41.39 | -16.38% | 0.41% | 47.87% | -439.87% | |
49 Neutral | kr3.11B | -29.88 | ― | ― | 9.60% | 40.86% | |
46 Neutral | kr746.09M | -13.84 | -3.61% | ― | 30.82% | 57.74% |
Saab AB Corporate Events
Saab reported a record year for 2025, with fourth-quarter order bookings soaring to SEK 100.1 billion, driven by strong demand and large contracts, and organic sales growth of 34.5% as all business areas delivered higher revenues, led by Surveillance and Dynamics. Profitability and cash generation improved markedly, with EBITDA and EBIT margins expanding, net income and earnings per share rising sharply, net liquidity strengthening, and the board proposing a higher dividend, prompting Saab to raise its medium-term organic sales growth target to around 22% CAGR for 2023–2027 while signalling continued investment in capacity expansion and new capabilities to support future growth.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK794.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has scheduled the presentation of its fourth-quarter and full-year 2025 results for Thursday, 5 February, with CEO and President Micael Johansson and CFO Anna Wijkander set to host the briefing. The financial report will be published on the company’s website at 07:30 CET the same day, followed by a webcast and conference call at 10:00 CET, underscoring Saab’s efforts to maintain transparent communication with investors and other stakeholders through accessible presentation materials and question opportunities.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK802.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has launched ORP Henryk Zygalski, the second and final Polish signals intelligence (SIGINT) vessel under the DELFIN programme, at a ceremony in Gdańsk, marking a significant milestone in Poland’s efforts to bolster maritime electronic intelligence capabilities in the Baltic Sea region. As prime contractor, Saab is responsible for supplying and integrating the advanced mission and reconnaissance systems, while Remontowa Shipbuilding constructs the hulls and local partners including MMC and other Polish defence companies contribute to design and project execution; both ships, including the first unit ORP Jerzy Różycki, will receive their onboard systems and undergo sea trials ahead of planned deliveries in 2027 and 2028, deepening industrial cooperation between Sweden and Poland and reinforcing European security in a strategically sensitive area.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK696.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a SEK 1.5 billion order from the Swedish Defence Materiel Administration for its Trackfire Remote Weapon Station, with deliveries scheduled between 2026 and 2028 to equip the Swedish Army and the Amphibious Battalion 2030. The contract, which includes the new Trackfire ARES variant featuring a 30×113 mm M230LF Bushmaster chain gun for counter‑drone capability, strengthens Saab’s position in advanced remote weapon systems and underscores its role in modernising Sweden’s future amphibious and land forces with precision, adaptable firepower.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK693.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab AB has secured a SEK 3 billion order from the Lithuanian Ministry of National Defence for RBS 70 Bolide missiles, with deliveries scheduled between 2028 and 2032 under an existing framework agreement for the RBS 70 NG short-range air defence system with Sweden’s FMV and Lithuania. The deal deepens Saab’s long-standing role in Lithuania’s air defence, where RBS 70 systems have been in use since 2004 and are integrated into the mobile MSHORAD solution, reinforcing Lithuania’s airspace protection and underscoring Saab’s position as a key supplier of short-range air defence in the region.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a contract worth approximately SEK 12.3 billion from France’s defence procurement agency DGA for two GlobalEye Airborne Early Warning and Control aircraft, including associated ground equipment, training and support, with deliveries scheduled between 2029 and 2032 and an option for two additional aircraft. The deal deepens Saab’s strategic partnership with France, strengthens Europe’s airborne early‑warning capabilities as both Sweden and France will operate GlobalEye, and underpins Saab’s position in the high‑end surveillance and situational‑awareness market by expanding the footprint of its multi‑domain AEW&C platform that enhances early threat detection for air, sea and land forces.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured SEK 1.3 billion in orders from Lithuania for its AT4 shoulder-launched weapon and ammunition for the Carl-Gustaf system, with deliveries scheduled between 2027 and 2029. The contracts, placed under a broader framework agreement that also covers Latvia and Estonia, reinforce Saab’s position as a key supplier of 84mm ground combat systems in the Baltic region, underscoring growing regional demand for reliable, versatile anti-armour and support weapons and strengthening the company’s role in European defence preparedness.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a SEK 1.1 billion order from Sweden’s Defence Materiel Administration (FMV) for multiple Arthur artillery locating radar systems, including integration into vehicles and long-term support for the Swedish Armed Forces, with deliveries scheduled for 2027. The latest Arthur radars can detect and warn of incoming indirect fire at ranges up to 100 km, track numerous projectiles simultaneously, and calculate their points of origin, substantially boosting Sweden’s brigade-level capability for early warning and rapid counter-fire. The agreement also includes 15-year support options and is structured to allow partner nations to join, reinforcing Saab’s position in the global defence radar market and potentially expanding its international customer base for mobile artillery surveillance solutions.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab AB has secured an order worth approximately SEK 2.5 billion from the Swedish Defence Materiel Administration (FMV) to provide development resources for the Gripen fighter system for the period 2026–2028. The contract covers operation and support of test aircraft and advanced tools, including rigs and simulators, which are critical for verification, validation and the development of new capabilities for Gripen. Saab says the order will ensure its development resources remain efficient, maintainable and rapidly configurable, enabling continuous upgrades of the Gripen system to address current and future threat environments and reinforcing the company’s position as a strategic supplier to Sweden’s defence infrastructure.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured an order worth about EUR 130 million from a European NATO country for its Sirius passive sensor system for signals intelligence and surveillance, with deliveries scheduled through 2030. The Sirius solution integrates Communication Intelligence (COMINT) and Electronic Intelligence (ELINT) sensors into a single system, providing both tactical situational awareness and strategic intelligence gathering across air, land and sea domains, reinforcing Saab’s position as a key supplier of advanced SIGINT capabilities to European and NATO defence customers and supporting broader efforts to enhance allied situational awareness and decision-making.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has received final approval for its second order of the Arexis Electronic Warfare sensor suite, which will equip German Eurofighters. The order includes advanced AI technology developed in partnership with Helsing, marking a major deal valued at approximately EUR 258 million, showcasing Saab’s continued leadership in defence innovation.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a contract with the Spanish Army to supply Individual Duel Simulation systems, marking the first order under a framework agreement potentially worth EUR 34 million. This collaboration, involving local partner Tecnobit, will establish Saab’s live training systems in Spain, enhancing the Spanish Army’s training capabilities with advanced, realistic, and interoperable systems to prepare for modern warfare challenges.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a third order from the Lithuanian Defence Materiel Agency for its Mobile Short Range Air Defence (MSHORAD) system, valued at approximately SEK 1.4 billion, with deliveries scheduled between 2026 and 2030. This order enhances Saab’s position in the defence industry by reinforcing its role in providing advanced mobile air defence solutions, which are crucial for protecting moving units against aerial threats, thereby strengthening Lithuania’s national security.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a significant order from the Swedish Defence Materiel Administration worth approximately SEK 2.1 billion for the delivery of sensors and command-and-control systems for a ground-based air defence solution for brigades. This contract, set for delivery between 2027 and 2028, aims to enhance Sweden’s air defence capabilities with a highly mobile short-range system, integrating the Giraffe 1X radar and other components. This development strengthens Saab’s position in the defence industry, showcasing its technological prowess in providing advanced defence solutions, and is expected to bolster Sweden’s ability to detect and engage airborne threats effectively.
The most recent analyst rating on ($SE:SAAB.B) stock is a Hold with a SEK498.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a EUR 3.1 billion contract with the Colombian Government to supply 17 Gripen E/F fighter aircraft, with deliveries scheduled from 2026 to 2032. This deal includes a comprehensive industrial cooperation package aimed at benefiting Colombia in various sectors, marking the start of a significant partnership to enhance Colombia’s defence capabilities and innovation potential.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK400.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured two significant orders from Airbus Defence and Space to supply the Arexis Electronic Warfare sensor suite for German Eurofighters, totaling approximately EUR 549 million. This development strengthens Swedish-German defense collaboration and enhances the Eurofighter’s capabilities, marking a strategic advancement in Saab’s operations and market positioning.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK400.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
Saab has secured a SEK 510 million contract with the Danish Ministry of Defence for the delivery of Carl-Gustaf M4 weapons, ammunition, and training equipment, with deliveries scheduled from 2026 to 2028. This order reinforces Saab’s long-standing relationship with the Danish Armed Forces and highlights the Carl-Gustaf M4’s adaptability and precision, enhancing Denmark’s defense capabilities against evolving threats.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK400.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.