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COMET Holding AG ( (CH:COTN) ) has issued an update.
Comet Holding AG reported a 20% increase in net sales for the first half of 2025, driven by strong demand in the PCT division, particularly for AI applications. Despite the sales growth, profitability was impacted by currency effects and product mix. The company revised its full-year forecast due to macroeconomic and geopolitical uncertainties affecting the semiconductor industry, projecting net sales between CHF 460 million and CHF 500 million. Comet continues to invest in R&D and expansion to meet future demand, while making strategic adjustments to align with market conditions.
The most recent analyst rating on (CH:COTN) stock is a Buy with a CHF274.00 price target. To see the full list of analyst forecasts on COMET Holding AG stock, see the CH:COTN Stock Forecast page.
More about COMET Holding AG
Comet Holding AG operates in the semiconductor industry, providing products and services primarily focused on semiconductor equipment and X-ray technology. The company is known for its PCT division, which has shown strong growth due to demand for AI applications, and its IXM and IXS divisions, which focus on X-ray technology for industrial applications.
Average Trading Volume: 27,298
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF2.11B
For a thorough assessment of COTN stock, go to TipRanks’ Stock Analysis page.
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