H.C. Wainwright analyst Kevin Dede raised the firm’s price target on WISeKey (WKEY) to $10 from $4 and keeps a Buy rating on the shares. The firm attributes the recent share rally to the market’s recognition of the company’s fiscal 2026 sales. H.C. Wainwright forecasts WISeKey’s 2026 sales at $21.5M, up two-times from its new $10.8M 2025 estimate.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WKEY:
- SEALSQ Corp Reports Strong 9M 2025 Growth and Prepares for Quantum-Resilient Future
- Quantum Leap: Sealsq solution safeguards AI operations from quantum attacks
- SEALSQ, SEALCOIN collaborate to protect AI agents from quantum threats
- WISeKey price target raised to $11 from $10 at Maxim
- WISeKey’s Strategic Shift and Financial Highlights in 2025