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Morgan Stanley Forecasts 'Strong' Q2 Order Intake for Saab
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06:59 AM EDT, 07/14/2026 (MT Newswires) -- Morgan Stanley expects robust second-quarter order intake for Saab (SAAB-B.ST) alongside an anticipated increase in the Swedish defense and security group's revenue. "We estimate strong order intake in 2Q26 with publicly [disclosed] awards [totaling] >SEK 52bn. We forecast group revenue of SEK 24bn (+22% yoy, +3% above Bloomberg consensus and operating profit of SEK 2.1bn (8.8% margin, vs cons 10.2%)," analysts said in a July 10 European earnings preview note ahead of the company's interim report due Friday. The research firm projects aeronautics sales to climb 22% year over year to 5.4 billion kronor, with the dynamics division's sales to rise 19% to 6.8 billion kronor. Saab's naval unit is also forecasted to report a 13% increase in sales to 4.3 billion kronor, while its combitech segment's sales are expected to decline by 2% to 1.3 billion kronor. Morgan Stanley rates the stock at overweight.
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