Erste Group Bank Estimates OTCMKTS:IFNNY FY2027 Earnings

Infineon Technologies AG (OTCMKTS:IFNNY) – Investment analysts at Erste Group Bank increased their FY2027 EPS estimates for shares of Infineon Technologies in a research note issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $2.99 per share for the year, up from their prior forecast of $2.69. The consensus estimate for Infineon Technologies’ current full-year earnings is $2.04 per share.

Infineon Technologies (OTCMKTS:IFNNY) last announced its earnings results on Wednesday, May 6th. The technology company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Infineon Technologies had a return on equity of 11.21% and a net margin of 7.84%.The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.46 billion.

A number of other brokerages also recently issued reports on IFNNY. JPMorgan Chase & Co. upgraded Infineon Technologies from a “neutral” rating to an “overweight” rating in a research note on Friday, March 20th. Zacks Research downgraded shares of Infineon Technologies from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. UBS Group lowered shares of Infineon Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 6th. Finally, Wall Street Zen upgraded shares of Infineon Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Infineon Technologies Stock Performance

Shares of IFNNY opened at $75.16 on Wednesday. The business has a 50-day simple moving average of $55.51 and a two-hundred day simple moving average of $49.17. The company has a quick ratio of 0.94, a current ratio of 1.72 and a debt-to-equity ratio of 0.35. Infineon Technologies has a 52 week low of $35.89 and a 52 week high of $79.99. The stock has a market cap of $92.33 billion, a price-to-earnings ratio of 73.69, a PEG ratio of 1.03 and a beta of 2.11.

Infineon Technologies Company Profile

Infineon Technologies AG (OTCMKTS:IFNNY) is a global semiconductor manufacturer that develops, manufactures and markets a broad range of semiconductor and system solutions. The company’s product portfolio includes power semiconductors and modules, microcontrollers and system-on-chip (SoC) solutions, analog and mixed-signal components, sensors and security controllers. Infineon’s technologies are used to enable energy-efficient power conversion, electrification, connectivity and secure data processing across multiple end markets.

Infineon was formed as a spin-off from Siemens AG in 1999 and is headquartered near Munich in Neubiberg, Germany.