The retail digitalization solutions specialist is among the strongest gainers on the SBF 120 index, rising 1.71% to 112.80 euros around 10:15 am. Berenberg maintains its buy rating on the stock while slightly reducing its price target from 252 to 250 euros.
"On February 26, Vusion published its preliminary results for the second half of 2025 and presented its outlook for 2026. While its H2 2025 results were mixed, with orders 13% below our estimates and those of the Visible Alpha (VA) consensus, its outlook for 2026 is broadly in line with our forecasts and those of the consensus," Berenberg notes.
According to the broker, the company is in better shape than ever, "with orders, profitability, and OpFCF at record levels, thanks to the company's dominance in the global electronic shelf label and retail software technology market.
"We do not believe that the completion of the Walmart rollout in the United States this year (which represents about 5% of the total potential market) will lead to a 'cliff' in sales or earnings in 2027, given that approximately 85% of the market remains unpenetrated. We anticipate significant rollout announcements throughout 2026 that could offset the challenging 2026 sales base, which should prove market skeptics wrong and boost the share price," Berenberg considers.
Vusion, whose shares have fallen 45% since the beginning of the year, will unveil its first-quarter 2026 revenue on April 21.
Vusion (formerly VusionGroup) developed the VUSION Retail IOT technology platform to help retailers transform their physical stores into high value digital assets, more automated, data-driven, and connected in real-time to suppliers and consumers. VUSION digital price tags improves pricing agility, accuracy and integrity; enables omni channel synchronization of prices, product information and marketing content; and increases the productivity of shelf replenishment and in-store picking for online orders. VUSION improves employee satisfaction by freeing up time from cumbersome low value-added tasks and allowing them to focus on customer service and merchandizing tasks. VUSION connects shelves to the cloud, providing real-time accurate information on product availability and location, allowing for reduced inventory, out-of-stock and waste, as well as improved on-shelf availability and merchandizing compliance. VUSION empowers consumers with better product, nutritional and traceability information at the shelf and enables a frictionless in-store shopping experience with features such as product search, pathfinding and cashier-less scan & pay features.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
