Shareholders – and management – might have breathed a sigh of relief with the news from investment bank Jefferies that it was upgrading its view of Viaplay Group’s prospects from ‘Underperform’ to ‘HOLD’. The news comes after a torrid time for Sweden’s Viaplay operation, which focuses on streaming in a number of international markets. It […]

Investment bank Jefferies, in a report for clients, says that Nordic streaming results Viaplay’s current equity value is “essentially written down to nil” and with the current equity “wiped out” it has rated Viaplay as “Underperform”. “The execution risk of the plan is low. Management’s tone on the 7am (December 1st) UK call [on the […]

Investment bank Jefferies has updated its forecasts for streaming service Viaplay, and they do not make the best of reading. The bank has now stripped out those international markets no longer part of Viaplay’s strategy. The bank’s numbers also reflect current guidance from Viaplay. “Our FY23-25E revenue forecasts decrease by -c.8.5% on average,” says Jefferies. […]

Equity analysts at investment bank Jefferies, responding to Viaplay’s new operating model, said that a simple interpretation of the announcement is that it expects the new strategy update to yield a larger and more aggressive cost-saving programme. “Read between the lines of the [Viaplay] release, however, and you’ll find a tacit admission that Viaplay’s product […]

Investment bank Jefferies has downgraded Scandinavian streamer Viaplay to an ‘Underperform’ rating. The bank’s note to Viaplay investors does not make pleasant reading. Jefferies says that incoming CEO Jorgen Lindemann must deal with the new reality of large programming commitments, higher sports rights competition, higher funding costs, a lack of scale and a diminished consumer […]

California-based Rocket Lab made headlines a week ago when it bought some key assets from bankrupt Virgin Orbit. Rocket Lab has been awarded Virgin’s 144,000-square-foot Long Beach, California–based manufacturing facility for $16.1 million. That news, plus a fresh launch contract, has given the business a significant lift in its implied value. Analysts from investment bank […]

Viaplay Group will report its quarterly numbers on April 25th, and the forecasts look good. An update from investment bank Jefferies to its clients says that it expects Viaplay to show some very useful growth in terms of Q1 2023 subscriber numbers. Jefferies suggests Viaplay will report 4.7 million subscribers (up from the same period […]

Investment bank Jefferies has used its University team to undertake a deep dive into AI and explore the possible winners in the technology sector. Jefferies says that the excitement around AI is justified, and it believes that AI tech has the potential to disrupt large parts of the white-collar workforce in time. However, Jefferies stated […]

Investment bank Jefferies, which recently opened up detailed coverage of the video games industry, says that from interviews and discussions it has had with investors who generally remain “bullish” on the sector, but view the next 12 months for the sector as challenging. Jefferies says the sentiment overall was one of “let’s talk next year”, […]

Pay-TV streamer Viaplay has somewhat earned increased confidence with a set of solid Q4 numbers and a reiteration of its 2023 and longer-term guidance. “But with the trading backdrop still complex and breakeven in the International segment still a year away, there remains much to be seen before the market discounts a sustainable group EBIT […]