Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Aixtron SE : An even brighter outlook for 2023 and the medium/long term

>Outperform rating, TP raised to € 42 (vs € 40) - The share price gained 13% yesterday after the group issued a very solid set of 2023 guidance targets (for sales and orders), amid concerns about the possibility that some microLED revenue might be pushed back to 2024 (its client, ams, sees ‘relevant’ revenue in 2025 whereas the market expected this in 2024). It would appear that trends in the SiC segment (strong demand + market share gains) and GaN segment (penetratio...
Underlying
AIXTRON SE

Aixtron is a provider of deposition equipment to the semiconductor industry. Co.'s technology solutions are used by customers to build components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials. The components are used in displays, signaling, lighting, fiber optic communication systems, wireless and mobile telephony applications, optical and electronic storage devices, computing, as well and other technologies. Co. supplies to customers both full production-scale chemical vapor deposition systems and small scale systems for research and development use.

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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