Saab AB upgraded by Pareto, shares trade firmly on Nasdaq Stockholm

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-25, 18:25.

Saab AB (SE0000112385) moves back into analyst focus on Thursday. Pareto Securities has upgraded the Stockholm-listed defense group from Hold to Buy and set a price target of 620 Swedish kronor, according to a morning note reported by MarketScreener.

Pareto’s new view on Saab

Pareto Securities argues that recent valuation pressure on Saab shares is unjustified and sees upside from current levels around 490 kronor on Nasdaq Stockholm. The house lifted its recommendation from Hold to Buy and set a 620 kronor target, as summarized by a MarketScreener analyst overview.

Saab’s B shares were quoted at about 491.15 kronor in Thursday trading, implying only a small gain of roughly 0.03 percent on the day and a market capitalization near 66 billion kronor. The stock thus trades at a marked discount to Pareto’s new target, based on the cited data.

Recent news and consensus setting the tone

Operationally, Saab has just completed delivery of its Gripen fighter aircraft fleet to Hungary, a contract milestone that underpins its order backlog in the combat aircraft segment. The final aircraft handover was reported on June 24 in multiple market briefings, including a summary carried by MarketScreener’s German-language news feed.

Saab is viewed as a key European defense name alongside peers such as BAE Systems and Rheinmetall, benefiting from higher NATO-related spending. Analyst consensus compiled on several platforms shows a predominance of positive recommendations and double-digit percentage upside versus current trading levels, although individual targets differ.

The product behind the Saab stock

Saab’s profile in the capital market is closely linked to its Gripen fighter aircraft family, which forms a central pillar of its Aeronautics division and generates long-running contracts with air forces such as those of Sweden, Hungary and Brazil.

Where the Saab shares trade today

The Saab AB shares (SE0000112385) trade on 2026-06-25, 18:05, on Nasdaq Stockholm at 491.15 Swedish kronor.

This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities.