Germany's Aixtron Q3 EBIT beats on favorable product mix

AIXTRON SE

15/10/2026 17:14

Overview
Germany semiconductor equipment provider's preliminary Q3 revenue slightly missed analyst expectations
Preliminary Q3 EBIT beat analyst expectations, margin rose to 31%
Q3 preliminary order intake rose sharply yr/yr

Outlook
Aixtron maintains its guidance for fiscal year 2026

Result Drivers
PRODUCT MIX - Co said favorable product mix contributed to operating profitability exceeding market expectations
ORDER INTAKE - Co said sharp increase in order intake drove results, with Q3 orders significantly above prior-year
GROSS MARGIN - Co reported higher gross margin, up to 48% from 39% yr/yr

Company press release: ID:nEQ2ltnCqa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss
EUR 184 mln
EUR 185.3 mln (6 Analysts)
Q3 EBIT
Beat
EUR 57 mln
EUR 48.41 mln (5 Analysts)
Q3 Orders
 
EUR 275 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"
Wall Street's median 12-month price target for Aixtron SE is €44.00, about 24% above its October 14 closing price of €35.49
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 52 three months ago

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Oct 15 - Switzerland's VAT Group Q3 sales rise, orders nearly triple on chip demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)