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Swissquote Group Holding SASWX:SQN Stock Report

Market Cap CHF 5.7b
Share Price
CHF 38.00
CHF 49.21
22.8% undervalued intrinsic discount
1Y-20.7%
7D-1.6%
1D
Portfolio Value
View

Swissquote Group Holding SA

SWX:SQN Stock Report

Market Cap: CHF 5.7b

Swissquote Group Holding (SQN) Stock Overview

Provides online financial services to retail investors, affluent investors, and professional and institutional customers in Switzerland and internationally. More details

SQN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance6/6
Financial Health3/6
Dividends4/6

SQN Community Fair Values

Create Narrative

See what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.

Swissquote Group Holding SA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Swissquote Group Holding
Historical stock prices
Current Share PriceCHF 38.00
52 Week HighCHF 57.65
52 Week LowCHF 36.20
Beta1.08
1 Month Change-2.16%
3 Month Change-4.57%
1 Year Change-20.73%
3 Year Change107.65%
5 Year Change151.99%
Change since IPO1,378.60%

Recent News & Updates

Narrative Update Jun 02

SQN: Strong Trading Volumes And Premium P/E Will Support Future Upside

Analysts have raised their price target for Swissquote Group Holding to CHF 42.50 from CHF 39.50, citing updated assumptions around fair value, discount rate, growth, margins and expected future P/E, and noting that strong trading volumes are helping to offset near-term crypto headwinds. What's in the News Swissquote Group shares traded between 0.94% and 2.2% higher, closing at CHF 408.40 on the SIX exchange, alongside strong investor interest in its digital banking and trading platform.
Narrative Update May 18

SQN: Dividend Visibility And Premium P/E Will Drive Future Upside Potential

Analysts have modestly revised their price target for Swissquote Group Holding to CHF 489 from CHF 494, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Swissquote Group Holding SA announced an annual dividend of CHF 7.40 per share.

Recent updates

Narrative Update Jun 02

SQN: Strong Trading Volumes And Premium P/E Will Support Future Upside

Analysts have raised their price target for Swissquote Group Holding to CHF 42.50 from CHF 39.50, citing updated assumptions around fair value, discount rate, growth, margins and expected future P/E, and noting that strong trading volumes are helping to offset near-term crypto headwinds. What's in the News Swissquote Group shares traded between 0.94% and 2.2% higher, closing at CHF 408.40 on the SIX exchange, alongside strong investor interest in its digital banking and trading platform.
Narrative Update May 18

SQN: Dividend Visibility And Premium P/E Will Drive Future Upside Potential

Analysts have modestly revised their price target for Swissquote Group Holding to CHF 489 from CHF 494, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Swissquote Group Holding SA announced an annual dividend of CHF 7.40 per share.
Narrative Update May 04

SQN: Dividend Visibility And Premium P/E Will Shape Future Upside Potential

Analysts have trimmed their Swissquote Group Holding price target to about CHF493.91 from roughly CHF501.09. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Apr 20

SQN: Higher Dividend And Richer P/E Will Likely Cap Future Share Upside

Analysts have raised their price target on Swissquote Group Holding from CHF 277.57 to CHF 290.28, reflecting updated fair value analysis that maintains more moderate revenue growth assumptions, slightly improves profit margin expectations, and applies a higher future P/E multiple along with a marginally higher discount rate. What's in the News Swissquote Group Holding SA announced an annual dividend of CHF 7.40 per share.
Narrative Update Apr 05

SQN: Upgraded Rating And Fragmented Market Will Shape Future Upside Potential

Analysts have nudged their price targets on Swissquote higher, with the average moving by CHF 1 to CHF 501. This points to updated views on fair value, discount rates and long term profitability assumptions following recent rating actions and initiations.
Narrative Update Mar 22

SQN: Fragmented Retail Opportunity And Upgrade Will Drive Next Phase

Analysts have raised their average price target for Swissquote Group Holding to CHF 555 from CHF 479, reflecting updated expectations regarding growth, profitability and valuation following recent research updates. Analyst Commentary Recent research updates point to a more constructive tone around Swissquote Group Holding, with higher price targets and rating changes feeding into a stronger sentiment backdrop for the stock.
Narrative Update Mar 08

SQN: Fragmented European Retail Market Will Likely Limit Future Share Upside

The analyst price target for Swissquote Group Holding has been revised to CHF 555. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E as analysts weigh recent rating actions and the broader European retail investment market context.
Narrative Update Feb 22

SQN: Fragmented Retail Market And Rating Upgrade Will Shape Next Phase

Analysts have lifted their price target on Swissquote Group Holding to CHF 555 from CHF 479, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E, which slightly refine their outlook on the shares. Analyst Commentary Recent research points to a more constructive tone around Swissquote Group Holding, with price targets and ratings reflecting growing confidence in the company’s ability to execute on its business model.
Narrative Update Feb 08

SQN: Future Market Fragmentation Risk Will Likely Cap Further Share Upside

Narrative Update The analyst price target for Swissquote Group Holding has been raised from CHF 258.00 to about CHF 294.97 as analysts point to updated assumptions on revenue growth, profitability and longer term P/E, supported by recent research that highlights an underpenetrated European retail investment market and improved ratings on the shares. Analyst Commentary Recent research on Swissquote Group Holding reflects a mix of optimism about the broader European retail investment market and some caution around how much of that opportunity is already reflected in the share price.
Narrative Update Jan 25

SQN: Fragmented European Retail Market Will Shape Next Phase Of Opportunity

Narrative update The analyst price target for Swissquote Group Holding has been raised from CHF 620 to CHF 630, as analysts factor in updated assumptions on revenue growth, profit margins and future P/E, along with recent rating changes and coverage that highlight a still fragmented and underpenetrated European retail investment market. Analyst Commentary Recent research activity around Swissquote Group Holding highlights a mix of fresh coverage and more constructive stances from bullish analysts, with updated price targets helping shape expectations for valuation and execution risk.
Narrative Update Jan 10

SQN: Neutral Coverage And Market Fragmentation Will Shape Future Perception

Analysts have trimmed their price target for Swissquote Group Holding to CHF 479, reflecting slightly updated assumptions for the discount rate, revenue growth, profit margin and future P/E, while maintaining a broadly consistent fair value framework. Analyst Commentary Coverage starting at CHF 479 with a Neutral stance suggests that analysts see Swissquote as roughly fairly valued on their current assumptions, with both upside and execution risks tied closely to how the broader European retail investment market evolves.
Narrative Update Dec 26

SQN: Lower Risk And Stable Fundamentals Will Shape Future Market Perception

Analysts have modestly raised their price target on Swissquote Group Holding, citing slightly lower perceived risk and stable long term growth and profitability assumptions. Together, these factors support a fair value estimate of CHF 501.22 per share, up only marginally from the prior assessment.
Analysis Article Dec 22

There's Reason For Concern Over Swissquote Group Holding SA's (VTX:SQN) Price

Swissquote Group Holding SA's ( VTX:SQN ) price-to-earnings (or "P/E") ratio of 23.6x might make it look like a sell...
Narrative Update Dec 12

SQN: Index Inclusion Will Shape Future Market Perception And Profitability Dynamics

Analysts have raised their price target for Swissquote Group Holding by approximately CHF 25.90. The revision reflects slightly stronger long term profitability assumptions and a modestly lower discount rate, despite somewhat softer revenue growth expectations.
Analysis Article Nov 26

Do Swissquote Group Holding's (VTX:SQN) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Sep 16

Interest Rate Cuts And European Competition Will Pressure Profits Yet AI Investments Will Sustain Performance

Analysts have modestly raised their price target for Swissquote Group Holding to CHF475.33, reflecting confidence in continued operational strength and long-term growth despite some valuation concerns and belief that near-term optimism is largely priced in. Analyst Commentary Bullish analysts expect continued operational strength, as reflected in raised price targets despite some downgrades.
Analysis Article Aug 19

Swissquote Group Holding Ltd (VTX:SQN) Just Reported And Analysts Have Been Lifting Their Price Targets

SWX:SQN 1 Year Share Price vs Fair Value Explore Swissquote Group Holding's Fair Values from the Community and select...
Narrative Update Aug 07

Interest Rate Cuts And European Competition Will Pressure Profits Yet AI Investments Will Sustain Performance

Upward revisions to Swissquote’s revenue growth forecast and expansion of its future P/E multiple have driven the consensus analyst price target higher from CHF396.86 to CHF424.75. Valuation Changes Summary of Valuation Changes for Swissquote Group Holding The Consensus Analyst Price Target has risen from CHF396.86 to CHF424.75.
Analysis Article Jun 27

Does Swissquote Group Holding (VTX:SQN) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
User avatar
New Narrative May 11

Interest Rate Cuts And European Competition Will Pressure Profits Yet AI Investments Will Sustain Performance

Anticipated revenue pressure from decreased interest rates and limited growth in competitive trading environments may constrain Swissquote's net margins and revenue growth.

Shareholder Returns

SQNCH Capital MarketsCH Market
7D-1.6%0.9%1.2%
1Y-20.7%17.1%7.1%

Return vs Industry: SQN underperformed the Swiss Capital Markets industry which returned 17.1% over the past year.

Return vs Market: SQN underperformed the Swiss Market which returned 7.1% over the past year.

Price Volatility

Is SQN's price volatile compared to industry and market?
SQN volatility
SQN Average Weekly Movement4.1%
Capital Markets Industry Average Movement4.0%
Market Average Movement4.4%
10% most volatile stocks in CH Market7.9%
10% least volatile stocks in CH Market2.4%

Stable Share Price: SQN has not had significant price volatility in the past 3 months compared to the Swiss market.

Volatility Over Time: SQN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,357Marc Burkiwww.swissquote.com

Swissquote Group Holding SA provides online financial services to retail investors, affluent investors, and professional and institutional customers in Switzerland and internationally. It operates through Securities Trading and Leveraged Forex segments. The company operates an online bank that accepts multi-currency deposits/withdrawals, including crypto assets and precious metals.

Swissquote Group Holding SA Fundamentals Summary

How do Swissquote Group Holding's earnings and revenue compare to its market cap?
SQN fundamental statistics
Market capCHF 5.70b
Earnings (TTM)CHF 366.39m
Revenue (TTM)CHF 760.85m
15.5x
P/E Ratio
7.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SQN income statement (TTM)
RevenueCHF 760.85m
Cost of RevenueCHF 356.80m
Gross ProfitCHF 404.05m
Other ExpensesCHF 37.66m
EarningsCHF 366.39m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 13, 2026

Earnings per share (EPS)2.44
Gross Margin53.10%
Net Profit Margin48.16%
Debt/Equity Ratio32.0%

How did SQN perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 22:37
End of Day Share Price 2026/06/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Swissquote Group Holding SA is covered by 12 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus MayerBaader Helvea Equity Research
Christoph GreulichBerenberg
Christoph BlieffertBNP Paribas