Acconeer: Continued Momentum but Below Estimates - Redeye
Redeye concludes that Q1 came in slightly below estimates, mainly relating to lower NRE sales. Product sales were 9% below estimates but still growing 130% y/y, with module sales above and sensor sales below estimates. Also, Q1 had a record-high 11 customer launches. The component shortage is still a big issue and Acconeer expects this to continue throughout 2022. Redeye will only make minor downward changes to its estimates. Regarding valuation, Redeye will raise this by around 10% due to a revised company rating and a resulting lower WACC.
Länk till analysen i sin helhet: https://www.redeye.se/research/838948/acconeer-continued-momentum-but-below-estimates?utm_source=finwire&utm_medium=RSS