|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.48 - 10.68|
|52 Week Range||5.72 - 10.95|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||1.73|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.40|
TomTom, [TOM2] the location technology specialist, today announced the launch of two new APIs for developers to help build applications for electric mobility. The TomTom Long Distance EV Routing API and the TomTom EV Charging Stations Availability API are new to the already extensive range of tools TomTom offers to developers who build an application for electric vehicle drivers – enabling a reliable and stress-free driving experience. TomTom, winner of the TaaS Technology Award 2019 for outstanding electric vehicle technology innovation, offers tools to develop applications for electric vehicle drivers.
TomTom, [TOM2] the location technology specialist, today announced the launch of TomTom GO Navigation. This new app for iOS will boast TomTom’s latest innovations and the freshest maps, together with Apple CarPlay compatibility, so drivers can use their app on an in-dash screen as well. TomTom GO Navigation lets drivers experience the real-time services of online navigation without draining their data, as the maps are stored on the driver’s phone.
"We had a good start of the year, winning the first two available HD map deals, which gives us an early position in this growth market," said CEO Harold Goddijn in a statement. TomTom in January agreed to sell its fleet management business to Japan's Bridgestone for 910 million euros, in order to concentrate on its digital map-linked businesses, which it has said it expects to grow by around 15 percent to 430 million euros in 2019. TomTom's prospects took a huge knock last year with the entry of Google's far-reaching supply deal with a group of carmakers including Renault, Nissan and Mitsubishi .
Mid-caps stocks, like TomTom N.V. (AMS:TOM2) with a market capitalization of €1.9b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. While they are less talked...
Location technology specialists, TomTom (TOM2), today announced that its full stack of navigation components have been chosen by MG India to power the MG Connected Car, launching in May 2019. MG India will also be the launch customer for TomTom’s ground-breaking new service, TomTom IQ Maps. The MG Connected Car will use TomTom’s award-winning navigation and routing software, and live traffic services, as well as TomTom IQ Maps.
TomTom, the location technology specialist, today announced the launch of the TomTom GO Premium – its most feature-packed, best connected, and smartest navigation device. The TomTom GO Premium, with TomTom’s powerful navigation and traffic information, comes with some incredible new features like IFTTT (If This Then That) integration, so drivers can stay connected to all the things that matter in a connected world. IFTTT functionality lets the TomTom GO Premium connect to home devices, interact with personal digital assistants, sync appointments, and get notifications. For example, when you arrive home, the gate or garage door will automatically open, and when leaving the house, the lights will switch off.
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TomTom , the leading independent location technology specialist, and Elektrobit , an award-winning global supplier of embedded and connected software products for the automotive industry, today announced the release of an industry-first High Definition map horizon for automated driving.
TomTom , the leading independent location technology specialist, today announced that it will supply connected navigation solutions to Fiat Chrysler Automobiles’ line of Plug-in Hybrid Electric Vehicles , the Jeep® Renegade and Compass.
Some of the world’s top urban mobility leaders today unveiled the world’s first comprehensive multi-modal trip planner, a solution to reduce congestion in cities around the world that will enable developers to build richer apps for consumers to get around their cities. Executives from Moovit, a leading Mobility as a Service (MaaS) provider and the world’s #1 transit app, TomTom, the location technology specialist, and Microsoft’s Azure Maps demonstrated the solution that identifies all of the driving, parking, and public transit options, and surfaces them in a single package for map users. Flanked by Moovit Co-founder and CEO Nir Erez and TomTom Managing Director Anders Truelsen, Chris Pendleton, Head of Azure Maps unveiled the solution during his keynote at the MOVE conference at ExCel London.
TomTom expects significant growth in its enterprise, or software, sales in 2019, the company said in an email on Wednesday, following publication of its fourth-quarter results. The company had forecast 15 percent combined revenue growth for 2019 from sales of digital mapping services to carmakers and software customers. Major software customers include Apple, which is building its own mapping system but still uses TomTom for coverage in most areas for Apple Maps, and Microsoft, which this week announced it was expanding its use of TomTom's maps in its Bing and Cortana products.
TomTom warned of weaker-than-expected growth in automotive revenue this year following the sale of its Telematics fleet management business, sending shares in the Dutch navigation company lower. Along with the loss of revenue from Telematics, the company faces a long-term decline in the sales of dashboard-mounted satnav devices. TomTom shares fell 6.3 percent to 7.37 euros in Amsterdam.
TomTom (TOM2) and Microsoft Corp. (MSFT) today announced that they are expanding their partnership, bringing TomTom’s maps and traffic data into a multitude of mapping scenarios across Microsoft’s cloud services. With this broadened integration, TomTom will be a leading location data provider for Microsoft Azure and Bing Maps.