AIXTRON

Aixtron reports order intake of €275 million for the third quarter, exceeding the forecast of €220–230 million. A favorable product mix and strong operating leverage lifted the EBIT margin to 31% (expectation 26%), prompting analysts to raise their margin forecasts for 2026. After the price correction, the valuation stands at around 15.5 times the estimated EBIT for 2027; the share rose by seven percent. » Mere på n-tv.de

At chip-equipment maker Aixtron, the business recovery continued in the third quarter, supported by strong demand in the optoelectronics sector. According to JPMorgan, these orders bolstered the outlook, whereupon the stock rose six percent. » Mere på handelsblatt.com

Aixtron shares jumped to €39.67, approaching the round €40 level. Operationally, revenue and EBIT fell in Q2, while order intake recovered strongly, rising 81% to €214.5 million and lifting the order backlog to €456.9 million. The company is counting on a ramp-up in production, larger deliveries in the optoelectronics segment from Q3, and reiterates its full-year target of around €560 million in revenue with improved margins. Free cash flow rose significantly; analysts remain mostly constructive but have differing price targets depending on how the order backlog is executed. » Mere på finanzen.net