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IQE plc ( (GB:IQE) ) has shared an update.
IQE plc has issued a trading update indicating a revenue forecast for the financial year ending December 31, 2025, expected to be between £90.0m to £100.0m, with an adjusted EBITDA ranging from £(5.0)m to £2.0m. The announcement also highlights that revenue for the first half of 2025 is anticipated to be at least £44.0m with an adjusted LBITDA of £(0.4)m, reflecting the company’s ongoing strategic review and market positioning efforts.
The most recent analyst rating on (GB:IQE) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on IQE plc stock, see the GB:IQE Stock Forecast page.
Spark’s Take on GB:IQE Stock
According to Spark, TipRanks’ AI Analyst, GB:IQE is a Neutral.
IQE plc’s overall stock score is primarily impacted by its financial challenges, including negative profitability and weak cash flow. Technical indicators suggest bearish momentum, and valuation metrics are unattractive. Despite some positive developments in earnings and corporate events, these are overshadowed by the company’s ongoing financial and operational difficulties.
To see Spark’s full report on GB:IQE stock, click here.
More about IQE plc
IQE plc is a leading global supplier of advanced compound semiconductor wafers and materials solutions, catering to a diverse range of applications including smart connected devices, communications infrastructure, automotive and industrial, as well as aerospace and security. Headquartered in Cardiff, UK, IQE operates manufacturing facilities in the UK, US, and Taiwan, and is listed on the AIM Stock Exchange in London.
Average Trading Volume: 2,778,988
Technical Sentiment Signal: Sell
Current Market Cap: £84M
For a thorough assessment of IQE stock, go to TipRanks’ Stock Analysis page.