SEALSQ (LAES)
Builds secure chips and PKI services for connected devices and post-quantum security.
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Secure microcontrollers and PKI services supply hardware-rooted trust for connected devices. The business pairs chip design with a post-quantum product push and added IC’ALPS’s ASIC-design capability.
Secure microcontrollers, cybersecurity and PKI services support device makers, branded appliances and high-value-object customers. The products anchor hardware-rooted digital trust across the IoT ecosystem.
Chip design is paired with PKI operations and a post-quantum-security product push. The operating group came from WISeKey in 2023; its predecessor semiconductor lineage includes a 2016 asset acquisition, while the current parent was incorporated in 2022.
The company works globally through operations inherited in France, Japan and Taiwan, and expanded its in-house ASIC-design capability by acquiring French specialist IC’ALPS in 2025. Its business depends on secure-semiconductor design and the continuing development of post-quantum products.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jan 15, 2026 | Maxim Group | Target | Target: $1.75 | Target: $8 |
| Dec 18, 2025 | Cantor Fitzgerald | Target | Target: — | Target: $7 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $605.7M · Total debt $8.9M · Total assets $762.0M · Shareholders' equity $687.6M
- Revenue
- $14.2M
- Operating income
- −$42.7M
- Net income
- −$35.2M
No dividends on record.
| Institutions | ≈ 8.58% | 12.23M ADS | |
|---|---|---|---|
| 120 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 91.42% | 130.36M ADS | |
| remainder | |||
142.59M ADS as of Sep 9, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2024 annual report; nothing newer is on file here.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
UBS Group AGInstitution | 0.95% | 1.36M ADS | as of Jun 30, 2026 |
Bank of New York Mellon CorpInstitution | 0.87% | 1.24M ADS | as of Jun 30, 2026 |
HRT Financial LPInstitution | 0.79% | 1.13M ADS | as of Jun 30, 2026 |
Two Sigma Investments, LPInstitution | 0.77% | 1.10M ADS | as of Jun 30, 2026 |
Kessler Investment Group, LLCInstitution | 0.68% | 975,458 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 3, 2026 | Jean-Pierre Enguent | officer: Vice President, R&DSS | −15,000 | $2.40 |
| Aug 5, 2026 | Jean-Pierre Enguent | officer: Vice President, R&DSS | −15,000 | $2.46 |
| Jul 8, 2026 | Jean-Pierre Enguent | officer: Vice President, R&DSS | −15,000 | $2.82 |
| Jun 5, 2026 | John Charles O'Hara | director, officer: Chief Financial Officer | −143 | $3.51 |
| Jun 5, 2026 | Carlos Moreira | director, officer: Chief Executive Officer | −300 | $3.51 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SEALSQ | $2.34 | −1.06% | $336.5M | — | — | 12.5 | −13.2% |
| NXP Semiconductors | $232.92 | +0.22% | $58.61B | 19.8 | 13.9 | 4.4 | +19.5% |
| STMicroelectronics (ADR) | $53.16 | +2.96% | $46.08B | 101.2 | 26.7 | 3.5 | +24.4% |
| Microchip Technology | $75.29 | +0.68% | $40.61B | 103.7 | 19.2 | 7.9 | +38.1% |
| Median | 101.2 | 19.2 | 4.4 | +24.4% |