Yubico (YUBICO) Stock Overview
Provides authentication solutions for use in computers, networks, and online services. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
YUBICO Community Fair Values
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Analyst Price Targets
Top Community Narratives
SEK 338.62
FV
84.1% undervalued intrinsic discount25.00%
Revenue growth p.a.
61
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Software opportunity
JO
Fair Value from
US$6.8569.3% undervalued intrinsic discount
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 53.70 |
| 52 Week High | SEK 189.25 |
| 52 Week Low | SEK 29.55 |
| Beta | 0.73 |
| 1 Month Change | 56.29% |
| 3 Month Change | -12.54% |
| 1 Year Change | -70.32% |
| 3 Year Change | -45.92% |
| 5 Year Change | -50.89% |
| Change since IPO | -47.41% |
Recent News & Updates
Analysis Article • May 08
Yubico AB Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's shaping up to be a tough period for Yubico AB ( STO:YUBICO ), which a week ago released some disappointing...
Narrative Update • May 01
YUBICO: Expanded Global Hubs And Services Will Support Future Profitability
Analysts have held their SEK fair value view steady for Yubico while slightly adjusting inputs such as the discount rate, expected revenue growth, profit margin, and future P/E assumptions. Together, these changes result in an unchanged analyst price target in SEK terms.Narrative Update • Apr 16
YUBICO: Expanded Global Hubs And Services Will Support Future Profitability
Analysts have modestly adjusted their price target on Yubico to SEK 80, reflecting slightly updated assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the overall valuation level unchanged at SEK 80. What's in the News Issued preliminary first quarter 2026 guidance with order bookings expected between SEK 400 million and SEK 450 million and EBIT between SEK 10 million and SEK 25 million (Corporate guidance) Expanded YubiKey as a Service Enrollment services, including the new YubiKey as a Service, Enroll app in Limited Early Access for Android and options ranging from fully managed pre configured YubiKeys to an SDK and command line tool for enterprise deployments (Product and business expansion) Opened a third global headquarters in Singapore to support operations, supply chain, sales and cybersecurity talent development across the Asia Pacific region (Business expansion) Launched the YubiNation Partners global channel program with four partnership tiers, with the goal of building a broader ecosystem for phishing resistant MFA and passwordless deployments (Product related channel program) Announced broader YubiKey as a Service features including Self Service Ordering and an updated Customer Portal to support large scale, hardware based authentication rollouts across the U.S., Canada and Europe (Product related announcement) Valuation Changes Fair Value: SEK 80.0 remains unchanged, so the overall equity valuation level is steady.Recent updates
Analysis Article • May 08
Yubico AB Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's shaping up to be a tough period for Yubico AB ( STO:YUBICO ), which a week ago released some disappointing...Narrative Update • May 01
YUBICO: Expanded Global Hubs And Services Will Support Future Profitability
Analysts have held their SEK fair value view steady for Yubico while slightly adjusting inputs such as the discount rate, expected revenue growth, profit margin, and future P/E assumptions. Together, these changes result in an unchanged analyst price target in SEK terms.Narrative Update • Apr 16
YUBICO: Expanded Global Hubs And Services Will Support Future Profitability
Analysts have modestly adjusted their price target on Yubico to SEK 80, reflecting slightly updated assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the overall valuation level unchanged at SEK 80. What's in the News Issued preliminary first quarter 2026 guidance with order bookings expected between SEK 400 million and SEK 450 million and EBIT between SEK 10 million and SEK 25 million (Corporate guidance) Expanded YubiKey as a Service Enrollment services, including the new YubiKey as a Service, Enroll app in Limited Early Access for Android and options ranging from fully managed pre configured YubiKeys to an SDK and command line tool for enterprise deployments (Product and business expansion) Opened a third global headquarters in Singapore to support operations, supply chain, sales and cybersecurity talent development across the Asia Pacific region (Business expansion) Launched the YubiNation Partners global channel program with four partnership tiers, with the goal of building a broader ecosystem for phishing resistant MFA and passwordless deployments (Product related channel program) Announced broader YubiKey as a Service features including Self Service Ordering and an updated Customer Portal to support large scale, hardware based authentication rollouts across the U.S., Canada and Europe (Product related announcement) Valuation Changes Fair Value: SEK 80.0 remains unchanged, so the overall equity valuation level is steady.Narrative Update • Apr 02
YUBICO: Expanded Service Platform And New Hubs Will Support Long-Term Profitability
Analysts have reduced their fair value estimate for Yubico to SEK 80.00 from SEK 100.00, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that indicate a more measured outlook for the shares. What's in the News Yubico expanded its YubiKey as a Service Enrollment offering to support in-the-field enrollment of YubiKeys for Microsoft and PingID environments, including a new Enroll app in Limited Early Access for Android and an SDK option planned to help enterprises tailor onboarding and recovery workflows.
Narrative Update • Mar 19
YUBICO: Asia Pacific Expansion And Channel Program Will Drive Future Upside
Analysts have kept their SEK price target for Yubico effectively unchanged at about SEK 69, as only minor technical tweaks to inputs such as discount rate, profit margin and future P/E assumptions inform their steady view on the company’s valuation. What's in the News Opened a third global headquarters in Singapore to serve the Asia Pacific region, with functions spanning supply chain, operations, sales and administration, and a focus on local cybersecurity talent development across government, financial services, technology, telecoms, manufacturing and other critical infrastructure sectors (Key Developments).Narrative Update • Mar 05
YUBICO: Global Security Expansion And Singapore Hub Will Drive Future Upside
Analysts have reduced their SEK price target for Yubico from about SEK 78 to roughly SEK 69, reflecting updated assumptions for slightly lower revenue growth, profit margins, and future P/E multiples. What's in the News Opened a third global headquarters in Singapore to serve as a center of excellence for supply chain, operations, sales, and administration across the Asia Pacific region, with a focus on hardware backed authentication and AI related security use cases (Key Developments).Narrative Update • Feb 19
YUBICO: Expanded Security Accreditation In Spain Will Support Future Upside
Analysts have revised their SEK 108.00 price target on Yubico to SEK 78.33. The change reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Feb 04
YUBICO: Expanded Service Platform And Leadership Transition Will Support Long-Term Profitability
Analysts have reduced their price target for Yubico from $120.00 to $100.00, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News Yubico expanded YubiKey as a Service with new capabilities aimed at helping organizations adopt phishing resistant, hardware based passkeys at scale, including tools to support passwordless authentication across large workforces.Narrative Update • Jan 21
YUBICO: Reset Expectations And Retail Expansion Will Support Long-Term Profitability
Analysts have lowered their price target on Yubico from $145.00 to $120.00, citing updated views on growth, profitability, and future P/E assumptions following recent rating changes on the stock. Analyst Commentary While the recent price target cut to $120.00 and rating change signal a more cautious stance, some elements of the updated research still point to areas that more optimistic investors tend to focus on.Narrative Update • Jan 07
YUBICO: Wider Retail Distribution Will Support Future Upside Despite Hold Downgrade
Analysts have trimmed their price expectations for Yubico, cutting the fair value estimate from €124.67 to €108.00. They cite a shift toward more conservative assumptions on revenue growth, profit margins and future P/E multiples, alongside a recent downgrade to Hold in Street research.Narrative Update • Dec 23
YUBICO Hardware Security Keys Will Drive Long-Term Profitability Rebound Ahead
Analysts have reduced their price target on Yubico from $190 to $145 as they grow more cautious on valuation and profitability, despite slightly stronger expectations for revenue growth. Analyst Commentary While some firms are turning more cautious, other bullish analysts continue to highlight structural strengths in Yubico’s business model and long term growth profile.Narrative Update • Dec 09
YUBICO: Wider Retail Access Will Drive Future Demand Despite Recent Downgrade
Analysts trimmed their price target on Yubico to $124.67 from $124.67, a marginal adjustment that reflects slightly higher perceived risk and a more cautious stance following recent downgrades to Hold. Analyst Commentary Analysts describe the latest downgrade as a shift toward a more balanced risk reward profile, with the new Hold rating signaling tempered expectations for near term outperformance rather than a structural change in the company thesis.Narrative Update • Nov 25
YUBICO: Wider Retail Access Will Increase Long-Term Demand And Market Exposure
Analysts have lowered their price target for Yubico from approximately $144 to $125. This change is due to a reassessment in growth and profitability expectations as reflected in recent research updates.Analysis Article • Nov 18
Is Yubico (STO:YUBICO) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Nov 07
YUBICO: Ongoing Retail Expansion Will Drive Wider Market Reach
Narrative Update on Yubico Analyst Price Target Analysts have revised Yubico’s price target, maintaining it at $144.33. Recent research indicates a more cautious outlook and neutral recommendations in response to subdued growth expectations.Narrative Update • Oct 24
Subscription Transition And Cybersecurity Demand Will Define Future Market Position
Yubico's analyst price target has been revised downward from $155.75 to $144.33, with analysts citing softer revenue growth forecasts and a recent sector downgrade as the primary drivers for the adjustment. Analyst Commentary Bullish Takeaways Bullish analysts see long-term market demand for secure authentication products as supportive of Yubico's growth trajectory.Analysis Article • Aug 17
Yubico AB Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
The analysts might have been a bit too bullish on Yubico AB ( STO:YUBICO ), given that the company fell short of...Narrative Update • Aug 16
Global Expansion And Partnerships With Okta And Microsoft Will Strengthen Future Market Position
Despite an increase in consensus revenue growth forecasts, a sharp decline in Yubico’s future P/E multiple has driven a notable reduction in the analyst price target from SEK202.50 to SEK178.00. What's in the News Yubico expanded YubiKey as a Service to all European Union countries, significantly broadening enterprise access to phishing-resistant security solutions.Analysis Article • Jun 30
If EPS Growth Is Important To You, Yubico (STO:YUBICO) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • May 16
Yubico AB Just Missed EPS By 43%: Here's What Analysts Think Will Happen Next
One of the biggest stories of last week was how Yubico AB ( STO:YUBICO ) shares plunged 23% in the week since its...Analysis Article • Apr 26
Estimating The Fair Value Of Yubico AB (STO:YUBICO)
Key Insights The projected fair value for Yubico is kr181 based on 2 Stage Free Cash Flow to Equity Yubico's kr193...Analysis Article • Mar 24
With EPS Growth And More, Yubico (STO:YUBICO) Makes An Interesting Case
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
New Narrative • Jan 20
Expanding YubiKey Adoption And Global Reach Will Drive Future Growth
Expanding YubiKey deployment in large accounts and shifting to subscription models could significantly increase revenue predictability and growth.Analysis Article • Dec 04
Why You Should Care About Yubico's (STO:YUBICO) Strong Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Nov 16
Earnings Miss: Yubico AB Missed EPS By 21% And Analysts Are Revising Their Forecasts
Yubico AB ( STO:YUBICO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...Analysis Article • Aug 24
Yubico's (STO:YUBICO) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Following the release of a lackluster earnings report from Yubico AB ( STO:YUBICO ) the stock price made a strong...Shareholder Returns
| YUBICO | SE Software | SE Market | |
|---|---|---|---|
| 7D | 25.8% | 14.1% | 0.8% |
| 1Y | -70.3% | -30.1% | 12.3% |
Return vs Industry: YUBICO underperformed the Swedish Software industry which returned -36% over the past year.
Return vs Market: YUBICO underperformed the Swedish Market which returned 15.7% over the past year.
Price Volatility
| YUBICO volatility | |
|---|---|
| YUBICO Average Weekly Movement | 14.1% |
| Software Industry Average Movement | 9.1% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in SE Market | 13.0% |
| 10% least volatile stocks in SE Market | 3.7% |
Stable Share Price: YUBICO's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: YUBICO's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 544 | Jerrod Chong | www.yubico.com |
Yubico AB provides authentication solutions for use in computers, networks, and online services. It provides YubiKey 5, YubiKey 5 FIPS, YubiKey Bio, and security key series hardware products. The company also offers YubiHSM, a hardware security module application for protection of cryptographic hardware security for applications, servers, and computing devices; Yubico authenticator, safest authenticator app experience on mobile and desktop; and software development kits.
Yubico AB Fundamentals Summary
| YUBICO fundamental statistics | |
|---|---|
| Market cap | SEK 4.34b |
| Earnings (TTM) | SEK 98.30m |
| Revenue (TTM) | SEK 2.07b |
46.9x
P/E Ratio2.2x
P/S RatioIs YUBICO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| YUBICO income statement (TTM) | |
|---|---|
| Revenue | SEK 2.07b |
| Cost of Revenue | SEK 467.50m |
| Gross Profit | SEK 1.61b |
| Other Expenses | SEK 1.51b |
| Earnings | SEK 98.30m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | 1.15 |
| Gross Margin | 77.46% |
| Net Profit Margin | 4.74% |
| Debt/Equity Ratio | 2.1% |
How did YUBICO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/08 07:55 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Yubico AB is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Simon Jonsson | Berenberg |
| Joachim Gunell | DNB Carnegie |
| Mikael Laséen | DNB Carnegie |