TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Precise Biometrics AB ( (SE:PREC) ).
Precise Biometrics is integrating synthetic biometric data into its product development and offering it as a service, addressing the growing demand for large-scale biometric datasets. This initiative enhances security, user experience, and privacy, while supporting global organizations in delivering secure solutions more efficiently. By leveraging synthetic data, Precise strengthens its position in AI, biometrics, and cybersecurity, ensuring faster development of trusted authentication and identification solutions.
The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.
More about Precise Biometrics AB
Precise Biometrics AB is a global leader in biometrics and cybersecurity, offering a range of biometric recognition solutions including fingerprint, face, and palm recognition algorithms. The company provides turnkey solutions for visitor management and biometric physical access management, serving various applications such as mobiles, laptops, security tokens, and automotive systems. Precise operates through its Digital Identity and Biometric Technologies units, with offices in Sweden, USA, South Korea, Taiwan, and China, and is listed on Nasdaq Stockholm.
Average Trading Volume: 132,940
Technical Sentiment Signal: Sell
Current Market Cap: SEK213.6M
Learn more about PREC stock on TipRanks’ Stock Analysis page.