Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Irisity AB (publ) is a Swedish company specializing in AI-powered video analytics solutions, operating both domestically and internationally. Through its IRIS platform, offered as Security-as-a-Service (SaaS), it delivers advanced AI video analytics. Its software empowers conventional security cameras, turning them into intelligent detection devices that also ensure personal privacy protection. The company's solutions cater to a broad spectrum of industries and applications, such as critical infrastructure, transportation, education, public safety (including smart cities), construction, healthcare, logistics, industrial sites, agriculture, and alarm monitoring services. Established in 2006 as Mindmancer AB, the company rebranded to Irisity AB (publ) in August 2017 and is headquartered in Gothenburg, Sweden.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is undervalued on EV/EBITDA.
Target Price
The average target price of IRIS.ST is 0.40 and suggests 52.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i