Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Aixtron SE : The stock’s recent weakness offers an attractive entry point

>Outperform opinion reiterated. Target price maintained at € 40 - Aixtron is due to report 2022 results on 28 February, with a conference call scheduled at 3pm CET. The stock has significantly underperformed year-to-date (-6% vs a sector +18%). We attribute this to: 1/ its strong outperformance in 2022 (+50% vs a sector -36%), leading to a repositioning on more lagging stocks; 2/ concerns about a possible transfer of a portion of MicroLED revenues to 2024 (with ams fo...
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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