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Wisekey International Holding AG (WKEY)



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Upturn Advisory Summary
08/14/2025: WKEY (2-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $6.96
1 Year Target Price $6.96
0 | Strong Buy |
2 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -6.08% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 59.50M USD | Price to earnings Ratio - | 1Y Target Price 6.96 |
Price to earnings Ratio - | 1Y Target Price 6.96 | ||
Volume (30-day avg) 2 | Beta 0.69 | 52 Weeks Range 1.61 - 14.00 | Updated Date 08/15/2025 |
52 Weeks Range 1.61 - 14.00 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.46 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -113.23% | Operating Margin (TTM) -199.05% |
Management Effectiveness
Return on Assets (TTM) -21.12% | Return on Equity (TTM) -59.04% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -22160117 | Price to Sales(TTM) 5.01 |
Enterprise Value -22160117 | Price to Sales(TTM) 5.01 | ||
Enterprise Value to Revenue 0.5 | Enterprise Value to EBITDA -0.9 | Shares Outstanding 8014330 | Shares Floating 2842099 |
Shares Outstanding 8014330 | Shares Floating 2842099 | ||
Percent Insiders 0.3 | Percent Institutions 3.27 |
Upturn AI SWOT
Wisekey International Holding AG

Company Overview
History and Background
WISeKey was founded in 1999 and is a global cybersecurity company. It initially focused on digital certificates and PKI solutions, expanding into IoT, AI, and blockchain technologies. It has evolved into a provider of secure microchips, IoT platforms, and digital identity solutions.
Core Business Areas
- IoT and Semiconductor Solutions: Provides secure microchips for various IoT applications, including authentication, data protection, and secure element solutions.
- Digital Identity and Cybersecurity: Offers digital identity solutions, including digital certificates, PKI infrastructure, and secure communication platforms.
- AI and Blockchain: Develops AI-driven cybersecurity solutions and utilizes blockchain technology for secure data management and supply chain integrity.
Leadership and Structure
Carlos Moreira is the Founder and CEO. The company has a board of directors overseeing its strategic direction. The organizational structure includes business units focused on IoT, cybersecurity, and AI.
Top Products and Market Share
Key Offerings
- VaultIC Semiconductors: Secure microchips used for authentication and data protection in IoT devices. Market share information is difficult to ascertain precisely. Competitors include Infineon Technologies and NXP Semiconductors. Revenue for this product is not publicly available and is folded into the total revenue. Number of units depends on client orders.
- WISeID Digital Identity: Digital identity platform offering secure digital certificates and PKI solutions. Market share information is difficult to ascertain precisely. Competitors include Entrust, DigiCert, and GlobalSign. Revenue for this product is not publicly available and is folded into the total revenue. Number of users depends on client subscriptions.
Market Dynamics
Industry Overview
The cybersecurity industry is experiencing significant growth due to increasing cyber threats and the expansion of IoT devices. Demand for digital identity solutions and secure semiconductors is rising.
Positioning
WISeKey positions itself as a provider of secure IoT and digital identity solutions. Its competitive advantages include its expertise in secure microchips and digital certificates.
Total Addressable Market (TAM)
The TAM for cybersecurity and IoT security is estimated to be in the hundreds of billions of dollars. Wisekey is positioned to capitalize on this TAM through its focus on secure microchips and digital identity solutions. Specific figures related to Wisekey positioning with TAM are not readily available.
Upturn SWOT Analysis
Strengths
- Expertise in secure microchips
- Strong presence in digital identity solutions
- Global network of partners
- Focus on emerging technologies like AI and blockchain
Weaknesses
- Limited financial resources compared to larger competitors
- Relatively small market share in highly competitive markets
- Fluctuating stock price
Opportunities
- Growing demand for IoT security
- Increasing adoption of digital identity solutions
- Expansion into new markets
- Strategic acquisitions
Threats
- Intense competition from larger cybersecurity companies
- Rapid technological changes
- Economic downturns
- Security breaches
Competitors and Market Share
Key Competitors
- FTNT
- CRWD
- PANW
Competitive Landscape
Wisekey faces intense competition from larger, more established cybersecurity companies. It must differentiate itself through innovation and strategic partnerships.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent.
Future Projections: Future growth projections are not readily available.
Recent Initiatives: Recent initiatives include new product launches in IoT security and partnerships with other companies.
Summary
Wisekey is a cybersecurity company focused on IoT and digital identity. It has expertise in secure microchips but faces competition from larger companies. While positioned in a growing market, inconsistent financial performance is an ongoing concern. The company should focus on strategic partnerships to scale its offerings and increase market share.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Wisekey Investor Relations
- Third-party market research reports
- Company SEC filings
- Publicly available information
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share data are estimates and may vary. Financial information is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Wisekey International Holding AG
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2019-01-11 | Founder, Chairman & CEO Mr. Carlos Creus Moreira | ||
Sector Technology | Industry Semiconductors | Full time employees 109 | Website https://www.wisekey.com |
Full time employees 109 | Website https://www.wisekey.com |
WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company designs, manufactures, distributes, and sells high-end, Common Criteria EAL5+ & FIPS 140-3-certified secure microprocessors, as well as offers digital certificates; software as a service solutions, including cloud-based certificate life-cycle-management, signing, and authentication solutions; software licenses; cloud-based certificates for authentication purposes; post-contract customer support for cybersecurity applications; software for certificates life-cycle management, and signing and authentication solutions through its INeS certificate management platform; services to implement and integrate multi-element cybersecurity solutions; and hosting and monitoring of infrastructure services. It also develops, markets, hosts, and supports a range of solutions that enable secure digital identification of people, content, and objects by generating digital identities through its products and services in cybersecurity services, internet of things, digital brand management, and mobile security that enable clients to monetize its existing user bases, as well as expand its eco-system. In addition, the company engages in financing, sales, and distribution activities; and provision of semiconductor secure chips. WISeKey International Holding AG was incorporated in 2015 and is headquartered in Zug, Switzerland.

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