Redeye: Truecaller (Q3 Review) - Soft quarter, strong foundation
Redeye provides an update following Truecaller’s Q3 2025 report, which came in below expectations due to headwinds in the Ads segment. While recurring revenues and user growth remain strong, near-term pressure on Ads persists. Redeye has revised its estimates and valuation, reflecting these developments, though underlying momentum and progress on revenue diversification support the company’s long-term growth case.
Read more and download the Research Update.
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/