Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Aixtron SE : On course for Q3 orders short of expectations and css adjustment for 24/25

>A disappointment on orders and an adjustment on 24/25 is likely– target price of € 23 (vs € 28), Outperform rating maintained - Aixtron is due to report its Q3 24 results on 31 October. Based on a company contact, we understand that the context has worsened since the Q2 24 results release, particularly in the automotive and industrial segments. We think that Aixtron will report Q3 24 orders below expectations and that the scenario for the lower end of the 2024 guidan...
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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