Jefferies keeps Buy rating for Aixtron stock

Published on 10/01/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies kept Buy and a EUR 44.00 target on September 29, 2026. Aixtron stock costs EUR 36.85 versus EUR 37.55, minus 1.86 percent.

MOCVD-Reaktor Reinraum Techniker – AIXTRON SE DE000A0WMPJ6 — AIXTRON SE DE000A0WMPJ6 zeigt einen Reinraum mit generischem MOCVD-Reaktor und Techniker im Bunnysuit am Kontrollpanel, Illustration mit AI erstellt.

Aixtron stock (ISIN DE000A0WMPJ6) was trading at EUR 36.85 at Lang & Schwarz on October 1, 2026 at 1:00 p.m. CEST, down 1.86 percent from the prior close of EUR 37.55. The latest analyst signal came from Jefferies, which kept its Buy rating and EUR 44.00 price target on September 29, 2026, according to finanzen.net.

Jefferies sees a fourth-quarter peak

Jefferies analyst Janardan Menon said semiconductor demand remained strong, but forecast upgrades were unlikely and the cycle could peak in the fourth quarter, according to wallstreetONLINE. The report also said valuations can come under pressure three to six months before a cycle peak, giving the Buy rating a clear counterweight.

The EUR 44.00 target stands EUR 7.15 above the Lang & Schwarz price, which represents 19.40 percent upside based on the two euro values. Jefferies did not change the previous target, so the latest signal is confirmation rather than a new estimate.

Orders lead revenue in second quarter

Aixtron's second-quarter 2026 order intake rose 81.00 percent to EUR 214.50 million, while revenue fell 16.00 percent to EUR 115.10 million, according to Investing.com. That gap matters: demand indicators are improving faster than reported sales, leaving execution and delivery timing central to the next results.

The company reported EUR 19.50 million of net income in the second quarter of 2026, compared with a EUR 22.22 million net loss in the first quarter, based on the latest quarterly financial data. Operating cash flow reached EUR 122.74 million in the second quarter, while the company held EUR 817.05 million in cash and short-term investments at June 30, 2026.

Next results arrive October 29

AIXTRON's investor-relations calendar lists publication of its nine-month 2026 report for October 29, 2026, according to the company's Investor Relations page. The date will test whether the strong order intake converts into revenue while Jefferies' fourth-quarter cycle warning remains relevant.

Stock stays below its yearly high

Aixtron's market capitalization was EUR 3.94 billion as of September 30, 2026, while its 52-week range extended from EUR 11.68 to EUR 62.66. The Lang & Schwarz quote of EUR 36.85 is 41.19 percent below that 52-week high, keeping the current valuation well below the year's peak despite the recent analyst support.

The further course of trading is shown by the continuously updated real-time quote of Aixtron stock.