Kongsberg Gruppen: Strong Buy As Demand Accelerates Kongsberg Gruppen earns a Strong Buy rating, dr...

Kongsberg Gruppen: Strong Buy As Demand Accelerates Kongsberg Gruppen earns a Strong Buy rating, driven by robust missile, air defense, and counter-drone demand and a substantial contracted backlog. Q3 2026 expectations call for NOK 10.5B in sales and 19.9% EBITDA margins, reflecting expanded missile capacity and strong operating leverage. KBGGY targets NOK 100B revenue by 2029 and NOK 150B by 2033, supported by a NOK 157.5B backlog and recent major global defense orders.