Bildkälla: Stockfoto

Tobii: Makes sense to prioritise earnings over growth - SEB

Along with its Q3 results, Tobii announced cost measures to tackle macro pressures that will probably hamper growth in 2023. While a slight disappointment, we agree that profitability and cash flow are the right priorities. We adjust our estimates accordingly and derive a new fair value range of SEK 36-44 (41-50) with a mid-point of SEK 40 (45). Case triggers remain new design wins and the targeted release of PSVR2 in February 2023.

Along with its Q3 results, Tobii announced cost measures to tackle macro pressures that will probably hamper growth in 2023. While a slight disappointment, we agree that profitability and cash flow are the right priorities. We adjust our estimates accordingly and derive a new fair value range of SEK 36-44 (41-50) with a mid-point of SEK 40 (45). Case triggers remain new design wins and the targeted release of PSVR2 in February 2023.
Börsvärldens nyhetsbrev
ANNONSER