Seeing Machines Hits Record Q3 Volumes as EU Safety Rules Drive DMS Demand

Seeing Machines ( (GB:SEE) ) has shared an update.

Seeing Machines reported a sharp acceleration in automotive production volumes in Q3 FY2026, with more than 1.28 million vehicles fitted with its driver and occupant monitoring technology, up 122% quarter-on-quarter and 259% year-on-year. This surge pushed Q3 automotive royalty revenue above the total for the first half of the fiscal year and lifted the global installed base to over 6.1 million cars, underscoring rising regulatory-driven demand ahead of Europe’s July 2026 safety rules.

Management said the Q3 performance marks an inflection toward structurally higher, more consistent quarterly volumes as carmakers roll out driver monitoring systems across European platforms, positioning the group for operating leverage and positive adjusted EBITDA for Q3 and the second half. In its Guardian aftermarket business for commercial fleets, hardware unit sales were uneven but annual recurring revenue rose 5% quarter-on-quarter to $14.7m, as more installed units were connected, strengthening revenue visibility and supporting a growing high-margin service base.

The most recent analyst rating on (GB:SEE) stock is a Buy with a £9.60 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.

Spark’s Take on SEE Stock

According to Spark, TipRanks’ AI Analyst, SEE is a Neutral.

The score is held back primarily by weak profitability and pressured/volatile cash flow despite strong revenue growth. Technicals are supportive with the price above key moving averages and a positive MACD, but overbought RSI signals add near-term risk. Valuation is constrained by losses (negative P/E) and the absence of a provided dividend yield.

To see Spark’s full report on SEE stock, click here.

More about Seeing Machines

Seeing Machines Limited, listed on AIM and headquartered in Australia, develops advanced computer vision and AI-powered operator monitoring systems aimed at improving global transport safety. Its driver and occupant monitoring technologies serve automotive, commercial fleet, off-road and aviation markets, supplying major industry partners across Australia, the U.S., Europe and Asia.

The company’s technology measures driver attention and cognitive state in real time using embedded processing and optics, forming the basis of Driver Monitoring Systems increasingly mandated by safety regulators. Seeing Machines generates revenue through automotive production royalties and Guardian aftermarket solutions, including recurring monitoring services for commercial transport fleets.

Average Trading Volume: 10,379,217

Technical Sentiment Signal: Hold

Current Market Cap: £203.1M

See more insights into SEE stock on TipRanks’ Stock Analysis page.