CellaVision AB (publ) (CEVI)

Nasdaq Stockholm | Tech | Medtech diagnostics (digital hematology)
AI Signal
HOLD
Sentiment
7/10
Risk
3/10
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Sentiment is mostly positive after strong results and product updates, focusing on Bone Marrow, the dividend, and Americas growth. Some caution remains around FX and elevated expectations into Q1.
Exchange
Nasdaq Stockholm
Type
Tech
Sector
Medtech diagnostics (digital hematology)
Market Cap
$389M

9 days ago 6 Apr 2026

Why HOLD ?

- **Hold**: Profitable company with **low debt** and a strong niche position. - Upside from new applications exists, but **expectations are high** into Q1 and 2026 milestones. - Waiting for Q1 confirmation and early Bone Marrow revenue signals reduces timing risk.
  • Hold; consider increasing 10–15% after a strong Q1 and clear Bone Marrow traction.
  • Bull case: - **Q1 report (24 Apr 2026)** could confirm continued strong organic growth, especially in the Americas.

Recent News

  • Strong Q4 2025 with ~12% organic growth and ~33% EBITDA margin. The board proposed a SEK 2.75 per share dividend, and the company is progressing the 2026 rollout/commercialization of the Bone Marrow application.
15 Aug 2026 — Bone Marrow: visible revenue impact

Bull case

- **Q1 report (24 Apr 2026)** could confirm continued strong organic growth, especially in the Americas. ...

Bear case

- **FX headwinds** may weigh on reported growth and margins. ...

Catalysts

Upcoming triggers with dates and expected impact...

Dilution Risk

Assessment: Low

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CellaVision AB (publ) (CEVI)
HOLD
Buy express analysis – $4.99
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