Infineon: Stiffel trims TP

(CercleFinance.com) - Stifel maintains its Buy rating on Infineon shares, with a target price trimmed from E36 to E35, following the release of its Q4 results.


We are lowering our EPS forecasts for 2025 and 2026 by 16% and 3% respectively, it says.

The broker reports that meetings with Infineon confirmed its view that the company will continue to outperform its automotive peers thanks to market share gains in automotive MCUs and SiC, as well as a strong presence amongst Chinese electric vehicle manufacturers.

Stifel expects the automotive and industrial end markets to recover in fiscal 2025, while Infineon anticipates sequential growth after a dip in Q1.


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