Added to YB: 2026-04-02
Pitch date: 2026-02-09
IQE.L [bullish]
IQE plc
+198.81%
current return
Author Info
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Company Info
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials.
Market Cap
GBP 226.2M
Pitch Price
GBP 0.08
Price Target
0.18 (-27%)
Dividend
N/A
EV/EBITDA
-43.94
P/E
-4.55
EV/Sales
3.04
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
IQE plc - $IQE.L
IQE.L: InP epitaxial wafer fab for EMLs in high-speed optical transceivers, critical for 400G/800G & AI interconnects. 1H25 rev -31% YoY to £45.2M on wireless weakness (-52%), photonics flat (-1%) but AI growing fast. EBITDA ~breakeven. Estimate normalized £10M+ EBITDA on wireless stabilization & AI growth. 15x = £150M + £24M net cash = £174M mkt cap, PT 17.8p (+117%). Strategic review underway, potential sale to photonics player seeking supply security. Risk: no deal, slower EML adoption, customer concentration, wireless headwinds.
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