Susquehanna cuts target for Infineon Technologies stock to EUR 85 from EUR 100

Published on 10/22/2026 at 09:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Infineon posted EUR 4.172 billion revenue in its third quarter. Infineon Technologies stock costs EUR 51.56 on October 22, 2026, 2.88 percent below the Xetra close.

Analyst changes and company milestones

Susquehanna lowered its Infineon target from EUR 100.00 to EUR 85.00 on October 21, 2026.
Infineon reported EUR 4.172 billion in revenue for the third quarter of fiscal 2026.
Infineon Technologies stock trades at EUR 51.56 at 9:37 a.m. CEST at Lang & Schwarz on October 22, 2026, 2.88 percent below the Xetra close of October 21, 2026.
Infineon preliminarily scheduled its fiscal 2026 results for November 10, 2026.

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Infineon Technologies stock (ISIN DE0006231004) was trading at EUR 51.56 at Lang & Schwarz on October 22, 2026 at 9:37 a.m. CEST, down 2.88 percent versus the Xetra close of October 21, 2026 at EUR 53.09. Markets Insider reported on October 21, 2026 that Susquehanna cut its target from EUR 100.00 to EUR 85.00 while retaining a Positive rating.

Target cut meets strong quarterly base

The target revision came before Infineon's next report, leaving the latest operating figures as the key counterweight. The Globe and Mail reported that third-quarter fiscal 2026 revenue reached EUR 4.172 billion, while Segment Result was EUR 797 million and its margin was 19.1 percent.

The revenue comparison also shows the recent acceleration. Revenue increased from EUR 3.812 billion in the second quarter to EUR 4.172 billion in the third quarter, a 9.44 percent sequential increase, while Segment Result rose from EUR 653 million to EUR 797 million, up 22.05 percent. The figures cover the quarters ended March 31 and June 30, 2026, respectively.

What does the target cut mean?

At EUR 85.00, Susquehanna's revised target stands 64.86 percent above the Lang & Schwarz price. That gap is wide, but the lower target shows that the analyst's Positive view now carries a more cautious valuation anchor. AskTraders reported on October 15, 2026 that mwb research kept a Hold rating and a EUR 60.00 target, citing automotive headwinds and the need for stronger margin conversion beyond artificial intelligence demand.

Three dated milestones before results

Infineon opened a new backend manufacturing site in Thailand on October 1, 2026, completed the C2i Semiconductors acquisition on October 7, 2026, and received the Susquehanna target revision on October 21, 2026. The company investor page reports the two corporate milestones and the latest financial calendar information.

Next date is November 10

Admiral Markets reported that Infineon preliminarily scheduled its fourth-quarter and full-year fiscal 2026 results for November 10, 2026. The report will test whether the latest revenue momentum can translate into the margin expansion investors are expecting.

Stock price sets the near-term test

Infineon Technologies has a market capitalization of EUR 67.1 billion and a 52-week range of EUR 31.27 to EUR 88.83 as of October 22, 2026. The current price is 41.96 percent below the 52-week high, keeping the analyst revision relevant for valuation rather than just daily direction. Infineon Technologies stock was trading at EUR 51.56 at Lang & Schwarz on October 22, 2026 at 9:37 a.m. CEST, 2.88 percent below the Xetra close of October 21, 2026 at EUR 53.09. The further course of trading is shown by the continuously updated real-time quote of Infineon Technologies stock.