TeamViewer’s stock continues to face downward pressure, reaching a new 52-week low of €10.00, marking a significant decline from its February peak of €15.26. The latest trading session saw the shares drop by 0.9% to €10.08, with notably high trading volume exceeding 310,000 shares on XETRA. This represents a substantial decline of more than one-third from the year’s highest point, reflecting ongoing market challenges for the Göppingen-based software company.
Operational Performance Remains Strong
Despite the current stock market weakness, TeamViewer’s fundamental business metrics demonstrate positive momentum. The company achieved impressive third-quarter results for 2024, with revenue climbing 6.69% to €168.68 million. Earnings per share showed substantial improvement, rising from €0.16 to €0.25. Looking ahead, Analysts maintain an optimistic outlook, setting an average price target of €15.57, suggesting significant upside potential. The company’s next quarterly results are scheduled for release on February 11, 2025, with full-year 2024 earnings per share projected at approximately €0.90.
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TeamViewer Stock: New Analysis – 18 December
Fresh TeamViewer information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.
Read our updated TeamViewer analysis…
TeamViewer’s stock continues to face downward pressure, reaching a new 52-week low of €10.00, marking a significant decline from its February peak of €15.26. The latest trading session saw the shares drop by 0.9% to €10.08, with notably high trading volume exceeding 310,000 shares on XETRA. This represents a substantial decline of more than one-third from the year’s highest point, reflecting ongoing market challenges for the Göppingen-based software company.
Operational Performance Remains Strong
Despite the current stock market weakness, TeamViewer’s fundamental business metrics demonstrate positive momentum. The company achieved impressive third-quarter results for 2024, with revenue climbing 6.69% to €168.68 million. Earnings per share showed substantial improvement, rising from €0.16 to €0.25. Looking ahead, Analysts maintain an optimistic outlook, setting an average price target of €15.57, suggesting significant upside potential. The company’s next quarterly results are scheduled for release on February 11, 2025, with full-year 2024 earnings per share projected at approximately €0.90.
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Fresh TeamViewer information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.