01:58 AM EDT, 07/13/2026 (MT Newswires) -- Morgan Stanley forecasts a second-quarter order intake moderation for Kongsberg Gruppen (KOG.OL), while the Norwegian technology and defense group's revenues are estimated to climb. "We estimate order intake will [slow down] in 2Q26 with publicly disclosed awards totalling >NOK 10.5bn (based on our press [release] analysis). We forecast group revenues of NOK10.4bn, up 32% yoy and +2% above [Visible Alpha] consensus, group EBIT ~NOK 2bn (margin 18.4%, vs cons 17.4%)," the research firm said in a July 10 European earnings preview report ahead of the company's half-year report due Monday. Analysts forecast that defense system sales will surge 45% year over year to 4.8 billion Norwegian kroner. The group's missiles and aerostructures and discovery divisions are also projected to post robust sales gains, growing 26% to 3.1 billion kroner and 22% to 2.3 billion kroner, respectively. Morgan Stanley rates the stock at underweight.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.