U-Blox experiences significant surge in value, witnessing over 20% increase in a single day!
U-blox, the Swiss navigation chip specialist, has been making waves in the tech industry, particularly in the realm of robotics and autonomous driving. The company, known for its high-tech components essential for robots, drones, and electric vehicles to know their exact location, has recently caught the attention of Amazon, reportedly becoming a customer for its secretive drone project "Prime Air".
In a significant development, U.S. investment firm Advent plans to acquire U-blox for approximately 1.1 billion euros. This move is expected to further bolster U-blox's position in the market, as the company continues to play a key role in the market for robotics and autonomous driving.
The break-even point for U-blox is approaching, a testament to the company's growing success. Heavyweights like Tesla, BYD, and BMW are among U-blox's existing customers, a fact that underscores the company's importance in the industry.
However, U-blox faced challenges in 2024, posting losses due to write-downs in the old telecom chip business. But the company has bounced back, with its Automotive division experiencing a 71 percent increase in sales in the first quarter of 2025. Demand for U-blox's products in China, particularly for autonomous driving, is surging.
Since being added to Florian Soellner's Hot Stock Report portfolio in May 2023, u-blox stock has increased around 60 percent. This growth is not surprising, given the company's strategic partnerships. For instance, U-blox's precise location solutions are integrated into Nvidia's Jetson Edge AI and DRIVE Hyperion platforms.
Florian Soellner, known for his insightful Hot Stock Report, has been in direct contact with u-blox's management for years. He predicts that u-blox's strategic moves will make it a key player in the next stage of mobility, robotics, and connected industry.
The next Hot Stock Report will be released on August 22, providing investors with valuable insights into u-blox's future. For those interested, the Hot Stock Report with TFA-Depot and Depot 2030 is available for a flexible 1-month subscription for 98 euros.
In 2016, then-CEO Thomas Seiler told Soellner that fully automated driving would probably only happen in ten years. Fast forward to today, and orders for robots and robot cars have doubled for U-blox, suggesting that the future of autonomous driving is closer than ever.
Interestingly, Hochtief, a global construction and infrastructure services provider, saw a similar trajectory after being bought at 111 euros following a TFA signal, and is now trading at 222 euros. This serves as a reminder of the potential returns that could be realised from investing in companies like u-blox.
Within a single day, u-blox stock surged by over 20 percent, indicating the market's confidence in the company's future. As we look towards the horizon, U-blox seems poised to continue navigating the future of robotics and autonomous driving with precision and success.
