LAES
SEALSQ Corp

SEALSQ CorpLAES

Technology · Semiconductors
1.32USD
+7.32%
Nov 08, 2026
LAES overview ready
Provider of Quantum-Resistant Secure Semiconductor Elements and Identity Services
SEALSQ is a secure-semiconductor and digital-identity vendor whose secure elements, microcontrollers, PKI services, and developing post-quantum secure-chip offerings can provide device-level roots of trust and cryptographic credential protection.
Theme not measured
Post-Quantum Security Semiconductors has no leadership state this session.
Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how its multiples compare with businesses of the same kind, with upside and risk reasonably balanced.
Fundamentals not measured
Primary risk
High operating losses impacting profitability.
Market Nov 6Price action Nov 7Research Jul 17

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction1.4BusinessPerformance—BusinessQuality—Valuation4.3ThemeMomentum—Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Post-Quantum Security Semiconductors — Post-Quantum Security Semiconductors has no priced members this session — no leadership state
Its economic family, Semiconductors, reads Lagging (−22.2pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$304.8M
Avg Volume (60D)
4.5M
60 sessions
Revenue Growth YoY
+144.7%
Trailing twelve months
Gross Margin
+52.6%
Operating Margin
-214.8%
Trailing twelve months
Free Cash Flow Yield
-10.6%
Distance from 200DMA
-53.8%
Market metrics as of Nov 7, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads fair.
SEALSQ Corp has a Fair valuation stance because the price broadly reflects how its multiples compare with businesses of the same kind, with upside and risk reasonably balanced.

Company Research

Thesis
SEALSQ is a secure-semiconductor and digital-identity vendor whose secure elements, microcontrollers, PKI services, and developing post-quantum secure-chip offerings can provide device-level roots of trust and cryptographic credential protection. The story is still emerging, so the exposure is real but early.
Opportunity
Moderate opportunity
The migration of connected devices, identity systems, and critical infrastructure toward cryptographic hardware and credential-management systems designed to withstand future quantum-computing threats.
Key risk
High operating losses impacting profitability.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Semiconductors
What they do

SEALSQ Corp designs, develops, and markets semiconductor products and related digital identity services globally, focusing on secure elements and custom chip design for cryptographic applications.

How it earns

The company generates revenue through product sales, custom chip design projects, and subscription-based PKI and certificate management services.

Products & services
VaultIC secure elements
Quantum-resistant RISC-V secure chips
Secure ARM platform chips
Smart card reader chips
Custom chip design services
PKI and personal digital identity services
SaaS certificate management platform
Customers & end markets
Device manufacturers requiring secure semiconductor components
Digital identity and cybersecurity service providers
Industries adopting post-quantum cryptographic hardware
Market position

Niche player specializing in secure semiconductor hardware and post-quantum cryptography solutions.

Demand drivers
Medium cyclicality

Semiconductor demand is influenced by technology cycles and security adoption trends but partially buffered by growing cybersecurity needs.