OS Level Integration Will Undercut Demand For Hardware Security

AN

AnalystLowTarget

Not Invested

Community Contributor

Published

11 Jul 25

Updated

18 Jun 26

Views

29

18 Jun

SEK 58.35

AnalystLowTarget's Fair Value

SEK 43.00

35.7% overvalued

1Y

-57.2%

7D

5.0%

Loading

1Y

-57.2%

7D

5.0%

Author's Valuation

SEK 4335.7% overvalued

AnalystLowTarget Fair Value

Shared on 18 Jun 26

YUBICO: New Security Partnerships Will Not Prevent Further Share Price Pressure

Yubico lands fresh security wins, including a new certification and a partnership that puts its keys in front of ChatGPT users, but the market’s view of what the business is worth doesn’t budge. New leadership and early guidance add clues on momentum—yet the updated outlook still points to more pressure ahead.

3 views

Shared on 20 May 26

Fair value Decreased 67%

YUBICO: Lower Expected Growth Will Outweigh New Partnerships And Expansion Plans

Yubico lands new partnerships and pushes easier rollouts of its key subscription service, while also expanding its presence in Asia. But expectations for how fast the business can grow and how profitable it can be are now much lower, which is weighing on how the company is being valued.

2 views

Valuator

Company Info

Notes

AnalystLowTarget Fair Value

SEK 43

35.7% overvalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

11.06%

Historical revenue growth rate

N/A

Software revenue growth rate

1.64%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.69%

Calculation

SEK 265.63m

Earnings '29

x

16.35x

PE Ratio '29

=

SEK 4.34b

Market Cap '29

SEK 4.34b

Market Cap '29

/

83.84m

No. shares '29

=

SEK 51.79

Share Price '29

SEK 51.79 Share Price '29

Discounted to 2026 @ 6.75% p.a.

=

SEK 42.57

Fair Value '26