Added to YB: 2026-06-24
Pitch date: 2026-06-22
IQE.L [neutral]
IQE plc
-20.77%
current return
Author Info
JP Insights is analyzing the companies powering AI’s physical layer — semiconductors, datacenters, energy, and robotics. Focused on innovation-driven value and long-term reinvestment efficiency. Sign up for the newsletter.
Company Info
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials.
Market Cap
GBP 406.2M
Pitch Price
GBP 0.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
-104.39
P/E
-10.99
EV/Sales
4.96
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
IQE, Graded
IQE.L (watchlist): Upstream AI optics play in InP epiwafers; chain bottleneck real (AXT, Lumentum, Coherent confirm). MACOM £45m + board seat, Tower multi-year deal, £81m raise ended sale process. But FY25 rev -18% to £97.3m, EBITDA -60%, margin 3%. Stock +several hundred% YTD, priced for FY26 20%+ growth conversion not yet in numbers. Insourcing risk; unproven turnaround.
Read full article (16 min)