Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Elmos Semiconductor SE : Better resilience than expected, but question of revenue landing early 2025 still up in the air, as we see it

>2025-2026 EPS estimates cut by 12-6% with 2025 set to be year of no growth, but long-term outlook upgraded – Neutral rating and € 75 target maintained - Elmos has gained 13% since its Q3 results release. In an anxiety-inducing context (PW multiples in automotive, lower outlook for its peers), the sequence has proved to be above expectations with limited revisions on 2024 (-0.4% for EPS) and solid 2030 guidance (6% above on EBIT). While, at first glance, Elmos seems t...
Underlying
Elmos Semiconductor SE

ELMOS Semiconductor is engaged in the development, manufacture and distribution of microelectronic components and system parts (application specific integrated circuits or, in short: ASICs) and technological devices with similar functions.Co. divides its activities into: medical technology, semiconductor, which is engaged in the sale of automotive electronics and supplying semiconductors e.g. for applications in household appliances, photo cameras, installation and building technology, and machine control systems; and micromechanics, which is engaged in the sales of product containing micro-electro-mechanical systems which are for the most part silicon-based high-precision pressure sensors.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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