Deutsche Bank raises target for Aixtron stock from EUR 43.00 to EUR 44.00

Published on 10/13/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter orders rose 81.00 percent to EUR 214.50 million. Aixtron stock costs EUR 34.74 on October 13, 2026 versus the EUR 35.55 Xetra close.

Key points in brief

Deutsche Bank Research raised its Aixtron price target from EUR 43.00 to EUR 44.00 on October 8, 2026 and kept a Hold rating.
Aixtron reported second-quarter orders of EUR 214.50 million, up 81.00 percent year over year, while revenue fell 16.00 percent to EUR 115.10 million.
Aixtron stock was trading at EUR 34.74 at Lang & Schwarz on October 13, 2026, 2.28 percent below the EUR 35.55 Xetra close of October 12, 2026.

Pop-Art Comic Chip Wafer Halbtöne – AIXTRON SE DE000A0WMPJ6 — AIXTRON SE DE000A0WMPJ6 Pop-Art-Comic stilisierter Halbleiter-Chip und Wafer in Halbton-Optik nach Roy Lichtenstein, Illustration mit AI erstellt.

Aixtron (ISIN DE000A0WMPJ6) was trading at EUR 34.74 at Lang & Schwarz on October 13, 2026 at 10:03 a.m. CEST, 2.28 percent below the EUR 35.55 Xetra close of October 12, 2026. On October 8, 2026, FinanzNachrichten reported that Deutsche Bank Research raised its Aixtron target from EUR 43.00 to EUR 44.00 and kept its Hold rating.

Three milestones shape the setup

On April 30, 2026, Aixtron reported first-quarter revenue of EUR 59.40 million and operating income of minus EUR 22.30 million. NadirAlpha identifies the quarter as a period affected by lower production volume and workforce reduction expenses.

On July 30, 2026, Aixtron posted second-quarter revenue of EUR 115.10 million and operating income of EUR 14.70 million, compared with the first-quarter operating loss. The same report lists first-half order intake of EUR 386.00 million and an order backlog of EUR 456.90 million.

On October 8, 2026, Deutsche Bank Research cited strong demand but pointed to supply chain constraints as a reason for caution on 2026. Its EUR 44.00 target is 26.66 percent above the Lang & Schwarz price, although that comparison uses different reference dates and is not a recommendation.

What does the order rebound mean?

Second-quarter orders rose 81.00 percent year over year to EUR 214.50 million, according to onvista. Revenue moved in the opposite direction, falling 16.00 percent year over year to EUR 115.10 million, while the EBIT margin declined from 17.00 percent to 13.00 percent.

Management's 2026 revenue guidance remains a range of EUR 530.00 million to EUR 590.00 million, with an EBIT margin target of 17.00 percent to 20.00 percent. The gap between first-half revenue of EUR 174.50 million and the midpoint of that range makes production execution the central financial test for the remaining reporting periods.

Next results date is October 29

Aixtron's investor calendar lists the publication of its nine-month report for October 29, 2026, according to Aixtron. That release should provide the next quantified check on whether the order backlog is converting into revenue and whether the full-year margin range remains attainable.

Stock trades below the Xetra close

The Aixtron stock price was trading at EUR 34.74 at Lang & Schwarz on October 13, 2026 at 10:03 a.m. CEST, down 2.28 percent versus the Xetra close of October 12, 2026 at EUR 35.55. The further course of trading is shown by the continuously updated real-time quote of Aixtron stock.