TeamViewer (XTRA:TMV) is back in focus after its fourth quarter and full year 2025 earnings, with higher sales but lower full year net profit, alongside refreshed analyst coverage and ratings.
See our latest analysis for TeamViewer.
The mixed earnings picture and renewed analyst coverage come against a weak share price backdrop, with a 30 day share price return showing a 16.56% decline and a 1 year total shareholder return of 61.75% decline, suggesting sentiment has cooled even as revenue has grown.
If this has you rethinking where growth in software and automation might come from next, it could be worth scanning our list of 32 robotics and automation stocks as a fresh set of ideas.
With revenue at €746.77 million, net income at €118.25 million and the share price well below some analyst targets, you have to ask: is TeamViewer undervalued today, or is the market already pricing in any future growth?
Most Popular Narrative: 50.9% Undervalued
With TeamViewer last closing at €4.85 against a narrative fair value estimate of €9.89, the current price sits well below that central valuation anchor, which is built on detailed assumptions about growth, margins and discount rates.
The ongoing digital transformation and persistent shift toward hybrid and remote work are driving consistent demand among enterprises for secure remote access, device management, and IT support tools. TeamViewer’s integration and expansion of digital workplace management (e.g., new DEX/TeamViewer ONE offerings) position the company to benefit from these trends and fuel revenue growth through cross-sell and upsell opportunities.
Wondering what kind of revenue growth, margin profile and future P/E this narrative leans on to justify that gap to fair value? The underlying model ties together recurring software revenue, higher profit margins and a discount rate just under 10%, but the exact mix and timing of those ingredients may surprise you. The full narrative lays out how those moving parts connect to a fair value nearly double the current share price.
Result: Fair Value of €9.89 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, this hinges on TeamViewer avoiding weaker growth from its small business customers and maintaining its position against bigger rivals that are pushing bundled remote access and workplace tools.
Find out about the key risks to this TeamViewer narrative.
Next Steps
If the mix of risks, rewards and valuation debate leaves you on the fence, now is a good time to look through the data yourself and pressure test the assumptions behind both sides of the argument, starting with 3 key rewards and 1 important warning sign.
Looking for more investment ideas?
If you are serious about sharpening your portfolio, do not stop at a single stock. Use the screener to uncover ideas you might otherwise miss.
- Target potential value opportunities by reviewing 228 high quality undervalued stocks that may offer more for every euro you put to work.
- Strengthen your income stream by checking out 446 dividend fortresses that focus on higher yields backed by solid fundamentals.
- Reduce portfolio stress by considering 335 resilient stocks with low risk scores that score well on stability and risk controls.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Valuation is complex, but we’re here to simplify it.
Discover if TeamViewer might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
