Market's view on Currys
Published on April 2024
- Stock watchers discussed the potential for a boom in laptop sales due to advancements in AI technology and the necessity for Windows 11 or higher.
- The expiry of Windows 10 support and the expectation of new system requirements for upcoming Windows versions are predicted to drive the need for new laptops or PCs.
- Currys Plc was highlighted as likely to benefit from these trends, with an expected increase in sales of AI-ready computers.
- The disposal of Kotsovolos by Currys has added £156 million to its financial reserves.
- The market capitalisation of Currys is noted to be only slightly ahead of its competitor AO, suggesting potential undervaluation or market positioning issues.
- Concerns were raised about upgrading issues with Windows operating systems, particularly regarding security updates.