Rankings Semiconductors Infineon
Infineon
87
15070100
A view of the same findings, not a new score. How it works
In the 70+ zone: a score above 70 with more than 20% upside to the median analyst target.
Biggest deductions
- Multiples vs own history−13
- Macro and cycle−4
- Margin−3
Strengths
- Raised guidance+2
- Order book and capacity agreements+2
How the score is built
From 100 to 87, step by step: points off for the business, the price and the cracks, back for documented strengths, then three data adjustments.
Start
Score
Hover or select a step to see what drove it. Steps with findings open them below.
Key numbers
As of 3 Nov 2026. Analyst targets tend to be optimistic; read upside as a hint, not a forecast.
- Price
- 51.17 EUR
- Median analyst target
- 90.00 EUR
- Upside to median
- +75.9%
- Analysts
- 24
- Target range
- 50.00 – 124.00 EUR
- 52-week change
- +48%
- P/E (trailing)
- 55.9
- Forward P/E
- 19.6
- PEG
- 0.48
Findings
Every deduction and every plus, with its source. Open a step to read them.
Business
Is the company getting stronger, not just bigger? · 3 findings−6 of −30
- −3MarginOperating margin 16.3% TTM vs 27.1% in FY2023 and gross margin 41.1% vs 47.2%. The segment margin was 19.1% in Q3 and is guided at about 20% for the year, so the recovery is under way, but the level is still below the last peak.
- −2
- −1Capital allocationAcquisitions of EUR 2.2bn TTM (Marvell's automotive Ethernet) and ams OSRAM's sensor portfolio in July 2026, alongside heavy capex (EUR 1.7bn TTM); reported FCF for FY2026 was therefore cut to about EUR 0.9bn from 1.25bn.
Price
Today's multiples against the company's own history and its peers. · 1 finding−13 of −35
- −13Multiples vs own historyEV/EBITDA 18.4 is above the whole 7.1–15.8 range in FY2021–25, and P/S 4.7 above 2.1–4.2; the forward P/E of 21.9 is at the top of 10.5–26.5 and about 33 on FY2026 EPS. Trailing P/E 61 and P/FCF 45; the FCF yield is about 1.2% on reported and 2.5% on adjusted FCF guidance (EUR 1.85bn). The share price is +82% over 52 weeks, even after −37% from its June peak of EUR 89.67.
Cracks
Cash flow, customers, debt, insiders, guidance and what sits behind the headline numbers. · 3 findings−8 of −35
- −4Macro and cycleGrowth is driven by AI data-centre power (over EUR 1.6bn in FY2026, about 10% of revenue) and restocking in autos. The stock fell 37% from its June peak despite raised guidance, analyst targets range from EUR 64 to 91, and annualised volatility is 67%.
- −3DebtNet debt EUR 5.6bn (debt 7.2bn vs cash 1.7bn); net debt/EBITDA has risen from 0.25 in FY2023 to 1.33, and EUR 4.8bn of new debt was raised in 12 months.
- −1DilutionThe share count has risen 0.5% in a year despite small buybacks (EUR 226m TTM).
Plus
Only documented strengths. · 2 findings+4 of +15
- +2Raised guidanceRecord revenue of EUR 4.17bn in Q3 (+13% y/y); FY2026 now about EUR 16.3bn (previously 'rising markedly'), Q4 guided at about 4.7bn and a 23% segment margin, and adjusted FCF raised to about EUR 1.85bn from 1.65bn.
- +2Order book and capacity agreementsMulti-year capacity reservations with leading AI customers have been signed or are being negotiated with total revenue in the high single-digit billions of EUR, and according to the CEO, auto orders are rising noticeably.
Caveats
What the score does not capture, or where the data is weak.
Cyclical set to yes: the margin fell from 27% to 16% in the latest inventory cycle (2023–25), and part of current auto growth is inventory restocking. Trailing P/E 61 and P/FCF 45 are trough figures in a recovery; Q4 is guided to a 23% segment margin. Stockanalysis' forward P/E (21.9) is on next year's EPS; on FY2026 EPS (EUR 1.74) it is about 33. Segment split, inventory days and Chinese SiC/IGBT competition have not been examined (the Q3 report tables could not be read), and insider trading has not been examined. Q4 results 10/11.
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