In Europe, yes. When reading American Reddit discussions, Kempower was quite unknown. Tesla rules, and Kempower still has some work to do on its brand.
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Pauliâs and Petriâs comments regarding, among other things, the guidance upgrade.
Kempowerâs Q2 revenue exceeded our forecast by 15%, and operative EBIT was more than double what we predicted. Following the published Q2 figures and the raised guidance, there is upward potential in our forecasts, especially for the short term, but possibly also for the medium term. We will review our forecasts in our preview comment for the Q2 results to be published on July 25.
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OP raises Kempowerâs target price to EUR 41.00 (prev. 38.00), reiterates Add rating
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What was the opinion on other expert forums? Did you check Ylilauta and Suomi24.fi at the same time? 
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You can downplay it, but those kinds of EV discussions are actually good sources for gauging the views of ordinary people. Kempower is a much bigger name in Europe than it is in the US.
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It is certainly because the company has only just started to conquer the US market.
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It doesnât matter whether the average consumer knows Kempower. Kempower is not an operator, but an equipment manufacturer. As long as those building the charging networkâmeaning the operatorsâknow about Kempower when considering their options. Of course, Kempowerâs sales staff is also needed.
You canât buy a charger from Tesla. You can certainly have Tesla as an operator, for example, at a gas station, but then Tesla is also the one selling the electricity. Some sort of rent is likely paid for the location. And Teslaâs charger is not necessarily compatible with all cars.
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Hmm, except that it does matter, because the quality of those charging unit manufacturers varies drastically. If you can identify a Kempower charger, you know youâre getting quality.
In the same way, it matters which manufacturerâs SoC is found in a mobile phone.
Tesla has already made charging stations for others, as has been linked earlier in this thread.
Naturally.
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No offense, but maybe 0.1% of people care whose SoC is in their phone 
. Youâre lucky if the average consumer can even tell who manufactured the phone itself. The operating system is already starting to be too difficult a question.
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Yes, if you can identify it. And you know when traveling that there is a Kempower at the destination. This isnât really disclosed anywhere in networks that feature chargers from various manufacturers. In Finland, for example, K-Lataus or Recharge. K-Lataus uses Siemens among others, whose reliability is so-so. However, Iâm not going to start investigating whatâs at the location â I prefer something other than K-Lataus.
Take 100 people off the street. Youâd be lucky if even one could name their phoneâs SoC. Many can probably say that the phone is good/bad, but not the technical reason for it.
Tesla does not manufacture chargers for others. The chargers are Teslaâs, but some can be used to charge cars other than Teslas. But for example in Finland, K-Lataus or ABC cannot buy Tesla hardware for their network. A Tesla charging station could certainly be installed in a Citymarket parking lot, but it belongs to Tesla, not K-Lataus.
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Danske Bank features Kempower in todayâs morning report, https://danskebank.fi/aamukatsaus. Target price 33 â 42 EUR. Buy recommendation.
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The end user doesnât need to recognize itâthe buyer does, and they need to be convinced of the quality.
I know the company, and having been in the OEM business for over 30 years, I have some understanding of the matter.
âAnyâ recognition is, of course, an advantage.
Look, Inderes has already updated its view on Kempower, Accumulate, 43e:
Amazing company, and Iâm hanging on! 
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What are your thoughts, when would it be timely to move to the main list? And at what price for a potential stock split?
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It should have been already, but maybe during 2024âŠ
Not so sure about splits, especially since this now tangible result is mainly a so-called âseasonalâ treat, after allâŠ
There is only about a 3% difference between the target price of 43.00 and todayâs (19 July) closing price of 41.68. Could @Pauli_Lohi justify how an âAddâ recommendation is warranted with such a low expected return?
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Here are the preview comments for the Q2 report to be released on Tuesday. 
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Kempower and a large order from Norway. No paywall.
Here is the press release:
Kempower has signed a framework agreement with the Norwegian ASKO to supply fast charging solutions to 13 of the wholesalerâs logistics depots.
- Kempower has signed a framework agreement to supply fast charging solutions for electric vehicles to Norwayâs largest grocery wholesaler, ASKO.
- ASKO intends to electrify its fleet of approximately 700 trucks by 2026. To achieve this goal, the company needs future-proof fast charging solutions for its 13 logistics depots.
- ASKO will select the most suitable charging solutions for each depot from Kempowerâs product portfolio.
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This is a perfectly valid question, and normally, according to our recommendation policy, more upside would be required for an Accumulate recommendation. We made an exception in this case because Kempowerâs Q2 report will be published this coming Tuesday, providing us with an opportunity to re-evaluate our forecasts and recommendation. We wanted to convey a cautiously positive view, which will likely be refined once we have the chance to speak with the company on Tuesday and get more color on the drivers behind the excellent figures. We aim to avoid such deviations from our recommendation policy in the future.
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Why was the target price raised preemptively, though? Q2 is coming up soon, which would have been a good time to review it anyway
Growth looks really good, but the multiples are also quite high. For instance, Qt was reduced in the model portfolio partly because the risk of a multiple correction is increasing. I think that risk is quite significant for this company as well.
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