The home automation company Plejd’s Q4 report is rewarded with higher target prices from SEB and Nordea, the latter raising to SEK 1,050 (1,000). In a comment, Nordea notes that Plejd’s EBIT outcome came in 12% above their estimate, and that this prompts a 3-4% increase in this earnings metric for 2026-2027.Buy still applies, with emphasis on the strength in Plejd’s scalable business model and continued execution. At the same time, continued market penetration is expected, with the Netherlands standing out as the most promising catalyst in the medium term.SEB: the new target price is higher at SEK 1,150 (1,100), with a reiterated Buy recommendation.Pareto Securities, however, chooses to leave its target price at SEK 1,000, with Buy maintained.“Despite EBIT exceeding expectations, the net change in cash and cash equivalents was largely unchanged, reflecting timing effects from receivables and a strategic inventory build to reduce the risk of component shortages. The growth rate is expected to remain strong, supported by several drivers,” writes Pareto in a summary.Furthermore, the research house writes that cash generation is expected to improve in 2026, which means that the introduction of a dividend next year should not come as a surprise.