BlackRock boosts TeamViewer stake despite 49% stock price collapse
BlackRock has increased its stake in TeamViewer, the German remote connectivity enterprise, despite a sharp decline in the company’s share price. The investment comes as the broader European tech sector faces pressure from weak economic growth and potential trade tensions. TeamViewer’s stock currently trades near its 52-week low, down 49% over the past year.
On January 15, BlackRock increased its holding in TeamViewer to 5.87% of voting rights, up from 5.68%. The stake includes 5.08% in directly held shares and an additional 0.79% through financial instruments. This move follows a period of declining investor confidence, with TeamViewer’s stock price falling to €5.43.
The company has been shifting its focus towards larger enterprise clients while expanding its managed service provider (MSP) partner programme. In the third quarter of 2024, TeamViewer reported an EBITDA margin of around 46%, highlighting its ability to generate steady cash flow. However, its 2025 forecasts were recently downgraded, adding to market concerns. Upcoming financial reports will be key for TeamViewer to show progress in its enterprise strategy and investments in AI and augmented reality (AR) solutions. The results could influence whether the stock price stabilises or faces further valuation adjustments.
BlackRock’s decision to increase its stake may signal confidence in TeamViewer’s long-term earnings potential. Yet the company still operates in a difficult market, with weak German growth and possible U.S. tariffs weighing on European tech stocks. The next set of financial results will provide clearer insight into whether TeamViewer’s strategic shift is paying off.
