DNB Carnegie has resumed its coverage of technology company Fingerprint Cards, assigning a target value of SEK 30-40, according to a commissioned analysis.
"After phasing out sales to PC and mobile manufacturers, the company is now primarily focusing on access solutions. FPC is currently converting customers to its turnkey solution, AllKey. With triple the ASP and similar gross margins as previous sensor sales, we consider AllKey to be a game changer and expect an average group sales growth (CAGR) of 29 percent for 2025-30," DNB Carnegie writes.
Fingerprint Cards closed at SEK 19.072 on Tuesday.
