Kepler Capital analyst Peter Olofsen maintained a Hold rating on TomTom on Tuesday, setting a price target of EUR9, which is approximately 26.37% above the present share price of $8.55.
Olofsen expects TomTom to post earnings per share (EPS) of -$0.09 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in TomTom, with an average price target of $10.8.
The analysts price targets range from a high of $10.8 to a low of $10.8.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $131.19 million and a net profit of -$14.24 million. The company's market cap is $1.26 billion.
According to TipRanks.com, Kepler Capital analyst Peter Olofsen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 34.0% and a 76.09% success rate.
TomTom NV engages in the design, development, and sale of navigation and mapping products, software, and services. It operates through the following segments: Automotive, Enterprise, Telematics and Consumer-operate. The Automotive segment sells location-based application components to the automotive customers, such as original equipment manufacturers and tier one head unit vendors. The Enterprise segment serves the non-automotive customers. The Telematics segment provides telematics services and related products to fleet owners including sale and rental of hardware products associated with the services. The Consumer-operate segment offers smart consumer electronics devices in the drive and sports categories, such as portable navigation devices and sports watches. The company was founded by Pieter Andreas Geelen, Harold Goddijn, Corinne Danièle Goddijn-Vigreux, and Peter-Frans Pauwels in 1991 and is headquartered in Amsterdam, the Netherlands.