-20%

est. 2Y upside i

DevOps & Infra

Rank

#3007

Sector

Developer Tools, Software Development

Est. Liquidity

~0Y

Data Quality

Data: Medium

Qt Group Plc, a profitable public company with ~$244M in revenue, offers moderate upside potential for a job seeker.

Last updated: March 10, 2026

Bull (20%)+100%

Qt Group successfully accelerates its shift to subscription and usage-based licensing, expands market penetration in embedded and QA through recent acquisitions like IAR Systems, and fends off incumbent threats, pushing revenue growth to double digits. This renewed growth and profitability could justify a 2x valuation, reaching a market cap of $1.18B by 2028.

Base (45%)+45%

Qt Group maintains its niche in cross-platform development, with moderate growth (~7-10% YoY) driven by steady demand in industrial and automotive sectors. It continues to face competitive pressure from larger incumbents but sustains profitability, leading to a valuation increase in line with analyst consensus, reaching approximately $855M.

Bear (35%)-40%

Dominant incumbents like Google and Microsoft aggressively expand their cross-platform offerings, eroding Qt's market share and pricing power. Slowing economic conditions further impact software development spending, causing growth to stall or decline. This scenario, coupled with recent negative news regarding EPS and share price stability, could lead to a significant valuation decrease to $354M, wiping out a substantial portion of equity value.

Est. time to liquidity~0.0 years

Preference Stack Risk

low

Qt Group has raised a total funding of $6.7M over 2 rounds, which is negligible compared to its current $590M market capitalization. As a public company, common shareholders are not subject to liquidation preferences in the same way as private company preferred shares.

Dilution Risk

low

As a profitable public company, significant dilutive equity raises for operations are less likely, though share issuance for M&A or employee compensation is possible.

Secondary Liquidity

active

As a publicly traded company on the Nasdaq Helsinki (QTCOM.HE), shares can be bought and sold on the open market.

Questions to Ask at the Interview

Strategic questions based on Trolltech's data — designed to show you've done your homework.

  • 1

    “Given the strong competition from tech giants like Google (Flutter) and Microsoft (.NET MAUI), how does Qt Group plan to maintain and grow its market share, particularly in the core cross-platform development segment?”

  • 2

    “With revenue growth at ~7% and a growing focus on subscription and usage-based models, what are the key strategies to accelerate growth beyond the current rate, especially considering the large TAM in embedded and QA?”

  • 3

    “As a public company, how does Qt Group balance short-term market expectations and share price stability with long-term investments in R&D and strategic acquisitions, especially in light of recent EPS estimate adjustments and price target decreases?”

Community

Valuation Sentiment

Our model estimates -20% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.