Added to YB: 2026-03-10
Pitch date: 2026-03-07
AIXA.DE [neutral]
AIXTRON SE
+18.24%
current return
Author Info
Jason's Chips takes you on a journey from deep semiconductor tech to DCF-derived intrinsic value via 50+ page research reports in an entertaining and simplified way. Sign up for the newsletter.
Company Info
AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Asia, Europe, and the United States.
Market Cap
EUR 1.9B
Pitch Price
EUR 27.30
Price Target
50.00 (+51%)
Dividend
0.88%
EV/EBITDA
13.00
P/E
21.42
EV/Sales
2.99
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Aixtron | Earnings Review: Incoming Tsunami of Revisions
AIXA.DE (earnings): Q4 rev beat consensus; orders €170M vs €130-137M est (+25%) driven by Lumentum opto demand. Mgmt guides 2026 opto rev to >2x from €102M to >€200M (vs consensus far lower), now 40% of backlog w/ 90%+ market share & sticky qualifications. SiC cyclical trough at €40M, recovery 2027+ on 6'→8' transition & multi-layer super junction MOSFETs. 800V GaN orders expected Q3-Q4 2026, TAM can 3x. FCF swung to +€182M from -€72M YoY.
Read full article (5 min)