IPO and takeover speculation at Steyr Motors, TeamViewer, and Pure One! Share price set to skyrocket?!

Pure One: Price explosion due to IPO of subsidiary

Is Pure One about to experience a price explosion in the short term? The chances are good, as the IPO of its subsidiary Eastern Gas on the Australian Securities Exchange could take place as early as this week. New shares were also issued as part of this process. Interest was high, and the offering was oversubscribed. This is not surprising, as there is a gas shortage on the east coast of Australia, and the issues of security of supply, industrial prices, and the stability of gas supply chains are hotly debated in politics and the media. This means that Eastern Gas's IPO is coming at just the right time. The company is a focused "pure play" for the development and advancement of natural gas projects in Australia. Promising production rights for onshore projects are already in place. The fresh capital will enable the existing assets to be further developed and drilling and testing to be pushed ahead.

In addition, the IPO will make the value of Eastern Gas more visible – also for Pure One shareholders. Pure One will continue to be the majority shareholder in Eastern Gas. At the same time, it will be able to focus more strongly on its own core business. Gas exploration did not fit in with this.

Pure One's core business is another reason to buy the stock. It is all about clean energy solutions. The Australian company offers vehicles with fuel cells or batteries, replaceable batteries, and refueling infrastructure. Generators for supplying buildings with hydrogen on a decentralized basis are also exciting. The latter are suitable as a backup solution or as the main power supplier for AI data centers, for example. This market is booming in the US, and Pure One has been active in the US since last year. Overall, the company aims to generate around AUD 42 million in revenue in the current year. This alone makes the current market capitalization of less than AUD 25 million appear anything but expensive. And then there is the subsidiary Eastern Gas. Its IPO should lead to a price explosion – the clock is ticking.

Steyr Motors: New structure for growth and acquisitions

Steyr Motors demonstrated last year how explosive a revaluation - such as the one that could be imminent for Pure One - can be. Those who sold at the right time were able to increase their investment more than tenfold. But even over a 12-month period, the share price is still up a respectable 140%. In recent months, the share price has tended to move sideways. That could soon be over. NuWays analysts estimate the fair value of Steyr shares at EUR 59 (current price: EUR 44). The experts see considerable growth potential.

To exploit this potential, the supplier of special engines for military and civilian applications recently announced that the group structure will be adjusted. Accordingly, the operating business will be conducted within a wholly owned subsidiary in the future. The listed Steyr Motors AG will function as a strategic holding company. The clear separation of strategic management and operational activities is intended to strengthen transparency and efficiency in corporate governance. It is also intended to improve the financial and legal flexibility of the group.

The company emphasizes that the holding structure will also improve its ability to conduct transactions. Acquisitions, investments, or joint ventures could be flexibly structured and financed at the level of individual subsidiaries. Overall, the company is confident that the restructuring will create a robust platform for organic and inorganic growth and improve the scalability of its business model.

Steyr CEO Julian Cassutti commented: "We are specifically preparing the group for planned acquisitions and creating the flexibility to efficiently integrate new business areas and technological expertise into the group." In any case, 2026 is likely to be an exciting year for Steyr.

TeamViewer: Takeover candidate, but..

One company that is regularly touted as a takeover candidate is TeamViewer. However, despite the share price plummeting by over 45% and falling to an all-time low of less than EUR 5, there is currently no mention of such speculation. Instead, the software company is seen as one of the big losers of the AI boom. This would pose a massive threat to TeamViewer's business.

But looking at the bare figures, a takeover could well be worthwhile. TeamViewer has recurring software revenues, a high operating margin, and a product that is firmly anchored in the IT reality of many companies. In the current year, the company aims to grow by only up to 3%, but still achieve an adjusted EBITDA margin of around 43%. The most plausible scenario would likely be a purchase by private equity. A financial investor could focus on efficiency levers, portfolio bundling, and a later IPO with a new positioning. TeamViewer could also be a good fit for strategic investors. The integration of TeamViewer support could add value to larger platforms such as ServiceNow, Salesforce, or Microsoft.

Analyst comments also show that TeamViewer is not expensive in terms of its figures. Bernstein, for example, sees the fair value as more than 100% above the current level. Nevertheless, analysts do not recommend buying. The reason: TeamViewer could be one of the big AI losers among software companies.

Pure One is a hot speculation on a short-term revaluation of the stock – and more. At the same time, its core business also offers substantial long-term potential. By contrast, TeamViewer does not currently present an opportunity for a "catch a falling knife" strategy. The stock had already been trending weaker even before the potential AI shock and remains in a downward trend. Expectations for revenue and earnings growth are high at Steyr Motors. From NuWays' perspective, the company's forecast also includes acquisitions. Steyr therefore needs to start delivering operationally in the current year.