Kongsberg stock gains 2.74 percent on Oslo Bors

Kongsberg stock gained 2.74 percent to NOK 330.20 on Oslo Bors on September 23, 2026. The move came as Deutsche Bank's September 10 coverage set a Buy rating and a NOK 360 price target, according to MarketScreener.

Order intake rises to NOK 17.1 billion

Kongsberg's Q2 2026 order intake reached NOK 17.1 billion, compared with NOK 11.2 billion in Q2 2025. That is an increase of 52.5 percent, with Joint Strike Missile demand helping to lift defense orders, Janes reported on August 26, 2026.

The same Q2 comparison shows revenue of NOK 10.3 billion versus NOK 8.0 billion and operating profit of NOK 1.7 billion versus NOK 1.1 billion. For investors, the order figure matters because it points to demand that extends beyond a single quarter.

Backlog reaches NOK 158 billion

Kongsberg's Q2 order backlog stood at NOK 158 billion, up from NOK 117 billion in Q2 2025. The company presented its half-year report on July 13, 2026, and its investor-relations page also lists a Q3 2026 earnings release for October 29, 2026, according to Kongsberg.

The backlog is therefore 35.0 percent above the Q2 2025 level. Kongsberg operates across aerospace and defense, maritime technology and digital solutions, while defense and aerospace systems account for 79.6 percent of net sales in the company profile carried by MarketScreener.

Stock gains on September 23

Kongsberg stock stood at NOK 330.20 on Oslo Bors on September 23, 2026, with a daily gain of 2.74 percent. Its 52-week range was NOK 228.50 to NOK 427.00, and market capitalization was NOK 290,446,972,699 on the same date.