contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


f-secures-store-verizon-aftale-er-nu-officielt-underskrevet

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Analyst

Atte Riikola

F-Secure is a technology company. The company specializes in the area of cyber security. The range mainly includes various programs for security and privacy products, which are also used to manage risks online. Customers are found in a number of sectors and the largest operations are conducted in the Nordic market. The company was created via a spin-off from WithSecure.

AI-generated reflections on the potential impact of Mythos on F-Secure’s operations. ”Claude Mythos is an AI model from Anthropic, released in April 2026, which has shaken the cybersecurity industry with its ability to find zero-day vulnerabilities and develop exploit code at an unprecedented speed. For F-Secure, which currently focuses specifically on consumer and service provider (such as operators) security, Mythos represents both an existential threat and a massive commercial opportunity.  Threat: Industrialization and Speed of Attacks  Mythos changes the playing field in a way that puts traditional protection methods to the test: • Finding vulnerabilities: Mythos has shown it can find vulnerabilities that have remained hidden for decades. This means that devices and software previously considered secure may actually be riddled with holes. • Shortening of the attack cycle: Previously, there were weeks or months between finding a vulnerability and exploiting it. Mythos can do both almost simultaneously. Actors like F-Secure must be able to react in seconds, not hours. • Democratized cybercrime: The tool enables low-skilled criminals to carry out attacks on par with state-sponsored groups. This increases the volume of attacks in the consumer sector, which F-Secure protects.  Opportunity: Growth in Demand and New Services  From a market perspective, the situation is favorable for F-Secure, as fear and uncertainty drive consumers toward security services: • “Mythos-Ready” protection as a selling point: F-Secure can market its services (such as F-Secure Total) as the only way to keep pace with AI-powered attacks. If consumers fear AI-driven identity theft or banking attacks, F-Secure’s value proposition is strengthened. • Project Glasswing and partnerships: Anthropic has restricted access to Mythos to only selected security partners (Project Glasswing). For F-Secure, access to such technology before criminals do offers the chance to patch holes proactively and develop AI-based defense mechanisms. • Operator collaboration: Since F-Secure operates strongly through telecommunications operators, the threat created by Mythos gives operators a reason to bundle cybersecurity into every subscription. This supports F-Secure’s strategy of growing through service providers.”

Goldman Sachs CEO Spells Out Why Banks Are Now Rushing to Emergency Meetings Anthropic’s new AI model may be both dangerous and a marketing message paving the way for an IPO. Regulatory reactions suggest the threat is real, writes managing editor Janne Soisalon-Soininen. David Solomon chose an unusually clear expression on Monday. “It is clear that large language models are evolving rapidly, and we are exceptionally vigilant (hyper-aware) of the enhanced capabilities of new models,” the Goldman Sachs CEO said  referring to Anthropic’s new Mythos AI model. At the same time, Solomon made it clear that the bank is using the new model and announced that Goldman Sachs is accelerating its investments in cybersecurity.  Could cybersecurity actually be the next area where the AI hype catches on? Apparently, ‘security architectures’ will be largely overhauled because of it, and whichever companies in the industry can meet that demand will turn from AI losers into winners; I can’t say if F-Secure is among them.  But now might be a good opportunity to buy while it’s been sold down due to AI fears, if it turns out to belong to the camp of AI winners.

I chatted with Ate for a moment about F-Secure. Are the investments made now finally starting to materialize?  ”F-Secure’s investments in its Tier1 strategy finally seem to be bearing fruit, as the company secured a significant agreement with telecom giant Verizon. The stock’s valuation remains moderate, although with accelerating growth, the company has good prerequisites to increase its earnings in the coming years.”                   Inderes              F-Securen tuloskasvu vihdoin realisoitumassa - Inderes    Aika: 10.04.2026 klo 17.00 F-Securen panostukset Tier1-strategiaan näyttävät vihdoin tuottavan hedelmiä, kun yhtiö solmi merkittävän sopimuksen tietoliikennejätti Verizonin kanssa.                             Topics:  00:00 Introduction  00:16 Investments begin to bear fruit  04:28 Embedded security  06:47 Total’s outlook  09:04 Earnings guidance may increase by year-end  10:59 Negative surprises  15:03 Moderate valuation  18:33 Debt reduction and dividend payment

Right, my bad, I also confused this early December announcement about a new partnership as one that would also have follow-up information. In retrospect, it was just a press release and apparently there’s no reason to expect any signing messages related to it later on. F-Secure on solminut strategisen kumppanuussopimuksen yhden maailman johtavan tietoliikennepalveluiden tarjoajan kanssa - Inderes Sari already responded to this Verizon case earlier, so that became clear.

Verizon’s contract-related disclosure has been made in three parts to comply with stock exchange disclosure guidelines:   In the US market, we had competing players who knew we had won the deal in question - where contract negotiations were, of course, still ongoing - and about which they communicated to external parties in November. This triggered our obligation to make a stock exchange release (20.11.2025) in which we announced that we were negotiating a new significant contract.   Verizon published news in early March on a website aimed at its Digital Secure customers about a significant renewal of the service, built together with F-Secure. We had no prior knowledge of this announcement. In this context, it was evident that information about our upcoming contract specifically with Verizon was publicly available, so we were obligated to publish a stock exchange release on the matter on 10.3.2026. The sales contract had not yet been signed at that time. In that release, we stated that we would confirm once the actual sales contract was signed.   We confirmed the signing of the contract yesterday.   The releases in stages 1) and 2) were not the way we would have wanted to communicate about the deal unless we had been obligated to do so. Ideal communication, no. In accordance with stock exchange/Financial Supervisory Authority practices, yes.

Here’s Ate’s comments on sealing the Verizon deal                    Inderes              F-Securen iso Verizon-sopimus on nyt virallisesti sinetöity - Inderes    Sopimuksen virallinen allekirjoittaminen oli odotettua

I’m completely lost with these F-Secure announcements, but was it the case that the initially released leading communication services contract is still awaiting signature? And if so, shouldn’t they be signing it soon so Q2 can start? These are good things, but somehow I get the feeling that the company has taken a “let’s communicate about all poses, as it’s otherwise challenging” approach.

F-Secure

Den officielle underskrivelse af aftalen var forventet


Automatisk overs&#xe6;ttelse: Oprindeligt udgivet p&#xe5; finsk 9.4.2026, 04.12 GMT. Giv feedback <a href="https://forum.inderes.com/t/inderes-fi-sisallon-kehitysideat/71/?tl=da">her</a>.F-Secure meddelt onsdag, at de har underskrevet en bindende aftale med den amerikanske telekommunikationsgigant Verizon. Aftalen bekr&#xe6;fter det partnerskab, der blev annonceret i marts, og som g&#xf8;r F-Secure til den nye teknologileverand&#xf8;r for Verizon&apos;s Digital Secure-tjeneste. Vi h&#xe6;vede vores estimater som f&#xf8;lge af aftalen allerede i marts, og vores opdatering kan findes <a class="text-primary underline" href="https://www.inderes.fi/research/f-secure-sulautetun-tietoturvan-investoinnit-alkavat-kantaa-hedelmaa" target="_blank" rel="noopener noreferrer nofollow">her.</a>
Verizon-aftalen bekr&#xe6;fter, at F-Secures Tier1-strategi for alvor vil blive implementeret i &#xe5;r, hvilket giver et klart potentiale for indtjeningsv&#xe6;kst i de kommende &#xe5;r. I lyset af dette er aktiens nuv&#xe6;rende v&#xe6;rdians&#xe6;ttelse (2026e P/E 10,6x) efter vores mening meget moderat.

	2025	26e	27e
Revenue	145.7	159.5	168.1
growth-%	-0.4 %	9.4 %	5.4 %
EBIT (adj.)	43.4	41.8	47.6
EBIT-% (adj.)	29.8 %	26.2 %	28.3 %
EPS (adj.)	0.16	0.16	0.19
Dividend	0.04	0.04	0.05
Dividend %	2.1 %	2.3 %	2.9 %
P/E (adj.)	11.8	11.0	9.0
EV/EBITDA	9.3	8.6	7.2

F-Secures store Verizon-aftale er nu officielt underskrevet

Key Estimate Figures10.03

Forum discussions