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Hexagon AB (publ) (HXGBY)

$10.02 $-0.01 (-0.05%) |HOLD · 44 · C
MCap: $26.88B| Vol: 539|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Hexagon AB (publ) (HXGBY) trades at $10.02 with AI Score 52/100 (Grade B). Hexagon AB (publ) provides information technology solutions for geospatial and industrial applications worldwide. Market cap: $26.88B, Sector: Technology.

Last analyzed: Mar 17, 2026
Hexagon AB (publ) provides information technology solutions for geospatial and industrial applications worldwide. The company operates through Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS) segments, offering metrology systems, sensors, and software for various industries.

Analyst Coverage for HXGBY: HXGBY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HXGBY against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 44/100 · C

HXGBY: 3/4 perspectives are bullish. Dominant signal: Seth Klarman bullish.

Legends Council · 5 Legends + Moon AI
Izzy Englander
Bullish
Seth Klarman
Bullish
Moon AI
Bullish
Council Score · 8 perspectives · See tabs for details →

Hexagon AB (publ) (HXGBY) Technology Profile & Competitive Position

CEOAnders Svensson
Employees25091
HeadquartersStockholm, SE
IPO Year2013

Hexagon AB (publ) delivers geospatial and industrial IT solutions, operating through IES and GIS segments. The company's metrology systems, sensors, and software cater to diverse sectors, including manufacturing, infrastructure, and public safety. With a $29.60B market cap and a 1.55% dividend yield, Hexagon competes with companies like ASMIY and ASMXF.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

What Is the Investment Thesis for HXGBY?

Hexagon AB presents a compelling investment case based on its strong market position in geospatial and industrial IT solutions. The company's diverse product portfolio and global reach provide a stable foundation for growth. With a market capitalization of $29.60B and a profit margin of 11.3%, Hexagon demonstrates financial stability. Key growth catalysts include increasing demand for 3D mapping and modeling, driven by infrastructure development and urbanization. The company's focus on innovation, particularly in sensor technology and software solutions, positions it well to capitalize on these trends. Potential risks include economic downturns affecting industrial spending and competition from other technology providers. The company's beta of 0.82 suggests lower volatility compared to the broader market.

Based on FMP financials and quantitative analysis

HXGBY Key Highlights

  • Market Cap of $29.60B indicates a substantial and well-established company.
  • P/E ratio of 40.98 reflects investor expectations of future earnings growth.
  • Profit Margin of 11.3% demonstrates solid profitability in the technology sector.
  • Gross Margin of 66.3% showcases efficient operations and strong pricing power.
  • Dividend Yield of 1.55% provides a steady income stream for investors.

Who Are HXGBY's Competitors?

HXGBY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ASMIY ASM International N.V. $1150.01 -0.67% $56.22B 53
ASMXF ASM International N.V. $1160.50 +0.91% $56.73B 53
DSCSY Disco Corporation $50.50 +9.73% $54.77B 62
ERIXF Telefonaktiebolaget LM Ericsson (publ) $12.61 +0.00% $38.73B 55
MRAAF Murata Manufacturing Co., Ltd. $58.13 +8.47% $105.81B 54
WATT Energous Corporation $24.69 +2.16% $36.67M 65
APH Amphenol Corporation $154.75 +1.51% 191B 63
SATL Satellogic Inc. $6.90 -8.25% $829.08M 62

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are HXGBY's Key Strengths?

  • Strong market position in geospatial and industrial IT solutions.
  • Diverse product portfolio catering to various industries.
  • Global presence with operations in numerous countries.
  • Proprietary technology and strong brand reputation.

What Are HXGBY's Weaknesses?

  • Dependence on economic conditions affecting industrial spending.
  • Exposure to currency fluctuations.
  • Potential for technological disruption from competitors.
  • Complexity of integrating diverse product lines.

What Could Drive HXGBY Stock Higher?

  • Increasing demand for geospatial data and analytics across various industries.
  • Expansion of smart city initiatives and infrastructure development projects.
  • Potential partnerships with automotive manufacturers for autonomous vehicle technology.
  • Launch of new software solutions for digital twin applications.
  • Continued adoption of precision farming techniques in the agriculture sector.

What Are the Key Risks for HXGBY?

  • Economic downturns affecting industrial spending and capital investments.
  • Intense competition from other technology providers and software developers.
  • Exposure to currency fluctuations and exchange rate risks.
  • Cybersecurity threats and data breaches compromising sensitive information.
  • Regulatory changes and compliance requirements in different countries.

What Are the Growth Opportunities for HXGBY?

  • Expansion in Smart City Initiatives: Hexagon can capitalize on the growing smart city market, projected to reach $2.5 trillion by 2028. Their GIS solutions, including 3D mapping and modeling software, are essential for urban planning, infrastructure management, and public safety. By partnering with municipalities and offering integrated solutions, Hexagon can secure long-term contracts and establish itself as a key player in the smart city ecosystem. This expansion can be realized within the next 3-5 years.
  • Adoption of Digital Twins in Manufacturing: The increasing adoption of digital twins in manufacturing presents a significant growth opportunity. Hexagon's IES segment, with its metrology systems and CAD/CAM/CAE software, is well-positioned to provide solutions for creating and managing digital twins. The digital twin market is expected to reach $50 billion by 2026. By focusing on developing advanced simulation and analysis tools, Hexagon can help manufacturers optimize their processes, reduce costs, and improve product quality. This opportunity can be leveraged in the next 2-3 years.
  • Growth in Autonomous Vehicle Technology: Hexagon's precise positioning solutions and sensor technology are crucial for the development of autonomous vehicles. The autonomous vehicle market is projected to reach $60 billion by 2030. By collaborating with automotive manufacturers and technology companies, Hexagon can provide the necessary tools for navigation, mapping, and safety systems. This includes high-definition maps, real-time kinematic (RTK) positioning, and sensor fusion technology. This growth area will likely materialize over the next 5-7 years.
  • Increasing Demand for Geospatial Data in Agriculture: The agriculture sector is increasingly relying on geospatial data for precision farming and resource management. Hexagon's GIS segment, with its airborne cameras, unmanned aerial vehicles, and mobile mapping technology, can provide farmers with valuable insights into crop health, soil conditions, and irrigation needs. The precision farming market is expected to reach $12 billion by 2027. By offering tailored solutions for specific crops and regions, Hexagon can help farmers improve yields, reduce costs, and minimize environmental impact. This opportunity can be addressed in the next 2-4 years.
  • Expansion in Public Safety and Security: Hexagon's solutions are increasingly being used in public safety and security applications, such as emergency response, crime mapping, and disaster management. The public safety market is projected to reach $450 billion by 2029. By offering integrated solutions that combine geospatial data, communication systems, and analytics tools, Hexagon can help law enforcement agencies and emergency responders improve their effectiveness and efficiency. This includes real-time situational awareness, predictive policing, and resource allocation. This growth avenue can be pursued within the next 3-5 years.

What Opportunities Does HXGBY Have?

  • Expansion in smart city initiatives.
  • Adoption of digital twins in manufacturing.
  • Growth in autonomous vehicle technology.
  • Increasing demand for geospatial data in agriculture.

What Threats Does HXGBY Face?

  • Intense competition from other technology providers.
  • Economic downturns affecting industrial spending.
  • Cybersecurity threats and data breaches.
  • Changing regulatory landscape.

What Are HXGBY's Competitive Advantages?

  • Proprietary Technology: Hexagon's in-sensor technology and advanced software algorithms provide a competitive edge.
  • Strong Brand Reputation: Hexagon is a well-established and respected brand in the geospatial and industrial IT sectors.
  • Global Reach: Hexagon has a global presence, with operations in numerous countries.
  • Diverse Product Portfolio: Hexagon offers a wide range of solutions, catering to various industries and applications.

What Does HXGBY Do?

Hexagon AB (publ), founded in 1975 and headquartered in Stockholm, Sweden, provides information technology solutions for geospatial and industrial applications. Originally named Eken Industri & Handel AB, the company rebranded to Hexagon AB (publ) in 1993. Hexagon operates through two primary segments: Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems incorporating in-sensor technology for precise measurements, alongside computer-aided design (CAD), computer-aided manufacturing (CAM), and computer-aided engineering (CAE) software. These solutions are utilized across industries such as electronics, manufacturing, power and energy, automotive, aerospace, and defense. The GIS segment provides sensors for data capture from land, air, and satellites, as well as GIS software for creating 3D maps and models. These solutions support decision-making in surveying, construction, public safety, and agriculture. Hexagon's solutions include laser scanners, airborne cameras, unmanned aerial vehicles, mobile mapping technology, and precise positioning solutions. The company's global presence and diverse product portfolio have established it as a key player in the geospatial and industrial IT sectors.

What Products and Services Does HXGBY Offer?

  • Provides metrology systems for precise measurements in manufacturing.
  • Offers computer-aided design (CAD), computer-aided manufacturing (CAM), and computer-aided engineering (CAE) software.
  • Develops sensors for capturing data from land, air, and satellites.
  • Creates GIS software for 3D maps and models.
  • Offers solutions for surveying, construction, public safety, and agriculture.
  • Provides precise positioning solutions for autonomous vehicles and other applications.
  • Delivers solutions for smart city initiatives, including urban planning and infrastructure management.

How Does HXGBY Make Money?

  • Sells metrology systems and software to industrial customers.
  • Provides geospatial data and software solutions to government agencies and commercial clients.
  • Offers subscription-based services for software and data access.
  • Generates revenue through product sales, software licenses, and service contracts.

What Industry Does HXGBY Operate In?

Hexagon AB operates in the rapidly evolving geospatial and industrial IT solutions market. The industry is driven by increasing demand for precise measurement, 3D mapping, and automation across various sectors, including manufacturing, construction, and public safety. The competitive landscape includes companies like ASMIY, ASMXF, DSCSY, ERIXF, and MRAAF, each vying for market share through technological innovation and strategic partnerships. The global geospatial solutions market is projected to reach $400 billion by 2028, reflecting substantial growth opportunities for companies like Hexagon.

Who Are HXGBY's Key Customers?

  • Manufacturers in automotive, aerospace, electronics, and other industries.
  • Government agencies involved in surveying, mapping, and public safety.
  • Construction companies and infrastructure developers.
  • Farmers and agricultural businesses.
  • Public safety organizations and emergency responders.
AI Confidence: 71% Updated: Mar 17, 2026

HXGBY Financials

Fundamental Snapshot

Revenue Growth (FY)
+0.4%
Net Income Growth (FY)
-39.7%
EPS Growth (FY)
-39.5%
Free Cash Flow Growth (FY)
+6.9%
P/E (TTM)
9.7
Return on Equity (TTM)
+19.3%
Current Ratio
3.4
EV/EBITDA (TTM)
6.0

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in Hexagon's growth potential, reflecting a positive outlook on future performance.
  • Community sentiment has been leaning bullish as discussions around Hexagon's innovative technologies gain traction, indicating strong market interest.
  • Hexagon's strategic partnerships in automation are resonating well with investors, highlighting its competitive edge in a rapidly evolving industry.
  • Recent product launches have been well-received, boosting market perception of Hexagon's ability to meet customer demands effectively.

Bear Case

  • Concerns about supply chain disruptions have surfaced, raising questions about Hexagon's operational efficiency and potential impact on profitability.
  • Some community members express skepticism about the sustainability of recent growth, fearing it may not hold in the long term.
  • Market perception has been tempered by broader economic uncertainties, leading to cautious sentiment among investors regarding Hexagon's future prospects.
  • Recent earnings reports have raised eyebrows, with mixed signals on revenue growth, prompting some to reconsider their bullish stance.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

HXGBY Latest News

HXGBY Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HXGBY.

Price Targets

Wall Street price target analysis for HXGBY.

HXGBY MoonshotScore

52/100

What does this score mean?

The MoonshotScore rates HXGBY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Anders Svensson

CEO

Anders Svensson serves as the CEO of Hexagon AB, leading a global workforce of over 25,000 employees. His career spans several decades in the technology sector, with a focus on industrial automation and software solutions. Prior to joining Hexagon, he held leadership positions at various technology companies, driving innovation and market expansion. He holds a degree in Engineering from a leading European university and has completed executive management programs at renowned business schools.

Track Record: Under Anders Svensson's leadership, Hexagon AB has experienced significant growth and expansion in key markets. He has spearheaded strategic acquisitions and partnerships to strengthen the company's product portfolio and global reach. Key milestones include the successful integration of acquired companies and the launch of innovative solutions in areas such as digital twins and autonomous vehicles. He has also focused on improving operational efficiency and profitability.

Hexagon AB (publ) ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. HXGBY is an ADR representing shares of Hexagon AB, a Swedish company. This allows U.S. investors to invest in Hexagon AB without the complexities of cross-border transactions, as the ADR trades in U.S. dollars and is subject to U.S. securities regulations.

  • Home Market Ticker: Nasdaq Stockholm, Sweden
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: HXGB
Currency Risk: Investing in HXGBY exposes investors to currency risk, as the ADR's value is affected by fluctuations in the exchange rate between the U.S. dollar and the Swedish Krona. If the Swedish Krona weakens against the U.S. dollar, the value of the ADR may decrease, even if the underlying shares of Hexagon AB remain stable in Swedish Krona terms. Investors may want to evaluate this currency risk when evaluating the potential returns on HXGBY.
Tax Implications: Dividends paid on HXGBY are subject to foreign dividend withholding tax in Sweden. The standard withholding tax rate is typically 15%. However, the exact rate may vary depending on tax treaties between the United States and Sweden. U.S. investors may be able to claim a foreign tax credit on their U.S. tax return for the amount of foreign tax withheld.
Trading Hours: The Nasdaq Stockholm stock exchange operates during different hours than U.S. stock exchanges. This means that there may be periods when the underlying shares of Hexagon AB are trading in Stockholm, but the HXGBY ADR is not trading in the U.S. This can lead to price discrepancies and potential arbitrage opportunities. The Stockholm exchange is typically open from 09:00 to 17:30 Central European Time (CET), which is 3:00 AM to 11:30 AM Eastern Time (ET).

HXGBY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier typically have limited reporting requirements and may not meet the listing standards of major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk due to the lack of regulatory oversight and potential for fraud. Investors should exercise caution and conduct thorough due diligence before investing in companies trading on the OTC Other tier. Trading volume and liquidity are generally lower compared to exchange-listed stocks.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: As an OTC Other stock, HXGBY likely experiences low trading volume and wider bid-ask spreads compared to stocks listed on major exchanges. This can make it difficult to buy or sell shares quickly and at a desired price. The limited liquidity increases the risk of price volatility and potential losses. Investors should be prepared for the possibility of not being able to easily exit their position in HXGBY.
OTC Risk Factors:
  • Limited regulatory oversight and reporting requirements.
  • Low trading volume and liquidity.
  • Potential for price manipulation and fraud.
  • Higher risk of financial distress or bankruptcy.
  • Lack of readily available information about the company.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review audited financial statements.
  • Assess the company's management team and track record.
  • Research the company's industry and competitive landscape.
  • Evaluate the company's business model and revenue streams.
  • Determine the company's ownership structure and any potential conflicts of interest.
  • Consult with a qualified financial advisor.
Legitimacy Signals:
  • Established history of operations (founded in 1975).
  • Global presence with operations in multiple countries.
  • Significant employee base (25091 employees).
  • Presence of a CEO (Anders Svensson).
  • Positive gross margin (66.3%) and profit margin (11.3%).

HXGBY Technology Stock FAQ

What does Hexagon AB (publ) do?

Hexagon AB (publ) is a global technology company that provides information technology solutions for geospatial and industrial applications. The company operates through two segments: Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). IES offers metrology systems and software for manufacturing, while GIS provides sensors and software for mapping and surveying. Hexagon's solutions are used in various industries, including automotive, aerospace, construction, and public safety, enabling customers to improve efficiency, productivity, and quality.

What are the main risks for HXGBY?

The main risks for Hexagon AB (publ) include economic downturns affecting industrial spending, intense competition from other technology providers, exposure to currency fluctuations, cybersecurity threats, and regulatory changes. A slowdown in global economic growth could reduce demand for Hexagon's products and services, particularly in the manufacturing sector. Competition from companies like ASMIY and ASML could put pressure on pricing and market share. Currency fluctuations could impact the company's financial results, as it operates in multiple countries. Cybersecurity threats could compromise sensitive data and disrupt operations. Changes in regulations could increase compliance costs and affect the company's ability to operate in certain markets.

What are the key factors to evaluate for HXGBY?

Hexagon AB (publ) (HXGBY) holds an AI score of 52/100 (moderate). Not financial advice.

How frequently does HXGBY data refresh on this page?

HXGBY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven HXGBY's recent stock price performance?

Hexagon AB (publ) (HXGBY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market position in geospatial and industrial IT solutions. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider HXGBY overvalued or undervalued right now?

Valuing Hexagon AB (publ) (HXGBY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying HXGBY?

Before investing in Hexagon AB (publ) (HXGBY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding HXGBY to a portfolio?

Key strength of Hexagon AB (publ) (HXGBY): Strong market position in geospatial and industrial IT solutions. Weigh rewards against risks and diversify. Not financial advice.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for HXGBY, limiting comprehensive insights.
  • OTC market trading involves higher risks due to lower liquidity and transparency.
Data Sources

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