However, the flaw here is that TeamViewer's business model goes far beyond simple video conferencing or basic remote features. One reason for the skepticism of many investors is that they don't give TeamViewer any chance against big competition coming from major companies such as Microsoft, Cisco, or other fast-growing companies such as Zoom, etc. The big misunderstanding about the business model I will also show that the recent share price losses offer a favorable entry opportunity. I, therefore, want to take advantage of the recent turbulence in TeamViewer stock to take a detailed look at the company. The costs will be approximately EUR 46 million per year, equivalent to 10 percent of current annual revenues. Since the IPO at the end of 2019, share price gains have melted away to less than 40 percent.Īnother reason for the recent double-digit percentage drop in the share price is TeamViewer's announcement that it will sponsor the English soccer club Manchester United for five years. Today, the share price is a fair way from its all-time high. However, after the share price almost doubled, the euphoria has cooled down noticeably. The impression that TeamViewer mainly offers video conferencing services with some complementary remote tools made the stock one of the clear winners in Corona Year 2020. Only a few understand that they should also look in the direction of other companies such as Siemens ( OTCPK:SIEGY) ( OTCPK:SMAWF). In discussions with other investors, I often notice that they compare TeamViewer to Microsoft Teams ( MSFT), Zoom ( ZM), or Cisco Webex ( CSCO). TeamViewer ( OTCPK:TMVWY) ( OTCPK:TMVWF) is now one of the most prominent positions in my broadly diversified portfolio.
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