Analyst Juergen Wagner from Stifel Nicolaus maintained a Buy rating on Infineon Technologies AG (IFNNF – Research Report) and increased the price target to €38.00 from €36.00.
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Juergen Wagner has given his Buy rating due to a combination of factors indicating Infineon Technologies AG’s strong market positioning and growth potential. One key element is the company’s outperformance in the automotive sector, where it continues to capture market share, particularly in microcontroller units (MCUs) and silicon carbide (SiC) applications. This is supported by an upgraded revenue guidance for power products, highlighting the company’s robust technology focus and its ability to capitalize on industry trends.
Moreover, Wagner points to Infineon’s attractive valuation at a forecasted 2025 price-to-earnings ratio of approximately 16 times, which is appealing given the company’s long-term growth trajectory. The anticipated cyclical demand recovery in automotive and industrial sectors throughout 2025 also contributes to a positive outlook, with expectations that the shares will re-rate as macroeconomic conditions stabilize. These factors collectively underpin Wagner’s optimistic view and justify the Buy rating for Infineon’s stock.
According to TipRanks, Wagner is an analyst with an average return of -17.4% and a 26.76% success rate.
In another report released today, DBS also maintained a Buy rating on the stock with a €39.00 price target.