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Sivers Semiconductors: Strong Outlook and Promising Fab Solution for F100 Customer - Redeye

Redeye thinks the Q3 report was good, and in line with what the company had previously indicated. Sivers expects next quarter to reach SEK100m in revenues - and that Satcom looks set to drive further growth all the way through 2026. Reaching volume production with the first F100 customer still looks likely, and Sivers has now began considering a 'hybrid fabless' solution which would eliminate the significant CAPEX investment from building or buying another fab. Redeye maintains its Base and Bull Cases but lowers its Bear Case.

Redeye thinks the Q3 report was good, and in line with what the company had previously indicated. Sivers expects next quarter to reach SEK100m in revenues - and that Satcom looks set to drive further growth all the way through 2026. Reaching volume production with the first F100 customer still looks likely, and Sivers has now began considering a 'hybrid fabless' solution which would eliminate the significant CAPEX investment from building or buying another fab. Redeye maintains its Base and Bull Cases but lowers its Bear Case.
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