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The latest announcement is out from Precise Biometrics AB ( (SE:PREC) ).
Precise Biometrics has launched BioMatch Vizo, its fifth-generation AI-driven biometric matching engine for fingerprint recognition. This new technology offers enhanced accuracy, security, and user experience, setting a new benchmark in biometric authentication. The engine is designed to support smaller ultrasonic sensors, targeting the mid-range mobile phone market, and offers significant improvements in handling diverse conditions and sensor sizes. The new architecture strengthens anti-spoofing measures and reduces time-to-market for sensor manufacturers and OEMs, while end users benefit from faster authentication and increased security. The first release is expected in late 2025, with broader availability in early 2026.
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 also provides visitor management and physical biometric access control solutions, operating through its Digital Identity and Biometric Technologies units. With headquarters in Lund, Sweden, and offices in the USA, South Korea, Taiwan, and China, Precise Biometrics is publicly listed on Nasdaq Stockholm.
Average Trading Volume: 161,878
Technical Sentiment Signal: Sell
Current Market Cap: SEK176.1M
See more data about PREC stock on TipRanks’ Stock Analysis page.