Saab raised 2025 guidance after 30% sales growth in Q2, leading to a 13.6% share increase. European defense spending surge benefits Saab’s missile, sensor, and fighter portfolio. Fair value raised to SEK 490 from SEK 436. Despite potential growth, shares are considered overvalued. Saab well positioned in Eastern Europe, Nordic, and Baltic countries for defense contracts.

Read more at Morningstar: Increase FVE After Strong Results and Raised Guidance, but Valuation Looks Stretched