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WISeKey price target raised to $10 from $4.50 at Maxim

WISeKey price target raised to $10 from $4.50 at Maxim

Maxim analyst Matthew Galinko raised the firm’s price target on WISeKey (WKEY) to $10 from $4.50 and keeps a Buy rating on the shares. The firm is citing the positive Q4 revenue pre-announcement by WISeKey semiconductor subsidiary SEALSQ Corp. (LAES), the analyst tells investors in a research note. The firm is also boosting its model as its peer group average is now around 9.2x after quantum-related names rallied starting in December 2024, Maxim adds.

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