Germany's SUSS MicroTec misses Q3 revenue expectations as supply chain constraints delay deliveries

SUSS MicroTec SE

05/11/2026 06:49

Overview
Germany semiconductor equipment maker's Q3 revenue declined and missed analyst expectations
Supply chain constraints delayed deliveries, shifting revenue into future periods
Order backlog reached record €600.6 mln, providing strong sales visibility

Outlook
SUSS MicroTec expects 2026 sales of €405 mln to €425 mln
Company forecasts 2026 gross profit margin between 35% and 37%
SUSS MicroTec projects 2026 EBIT margin of 5% to 7%

Result Drivers
ADVANCED PACKAGING DEMAND - Strong demand for coating solutions for AI chip modules drove order intake
SUPPLY CHAIN BOTTLENECKS - Supply chain constraints delayed tool deliveries and shifted revenue to later periods
R&D SPENDING - Higher R&D spending contributed to lower EBIT margin as company invested in new product development

Company press release: ID:nEQ3D1ZrWa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
EUR 97 mln
EUR 119.49 mln (3 Analysts)
Q3 Order Backlog
 
EUR 600.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and 1 "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 SUSS MicroTec SE is €100.00, about 102.8% above its November 4 closing price of €49.32
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 26 three months ago

Reuters Recommended Reads
Nov 4 - AI boom draws chip supply from other end-markets, Siltronic CEO says
Nov 4 - Germany's Siltronic Q3 revenue beats estimates; raises guidance
Nov 4 - MKS Q3 revenue beats estimates on semiconductor growth; lifts Q4 revenue outlook

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.)