OTCMKTS:IFNNY FY2027 EPS Forecast Lifted by Erste Group Bank

Infineon Technologies AG (OTCMKTS:IFNNY) – Equities research analysts at Erste Group Bank raised their FY2027 earnings estimates for shares of Infineon Technologies in a report issued on Monday, April 27th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings per share of $2.70 for the year, up from their prior estimate of $2.68. The consensus estimate for Infineon Technologies’ current full-year earnings is $1.87 per share.

Infineon Technologies (OTCMKTS:IFNNY) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $3.65 billion. Infineon Technologies had a net margin of 7.51% and a return on equity of 11.12%.

IFNNY has been the subject of a number of other research reports. Zacks Research cut shares of Infineon Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Wall Street Zen upgraded shares of Infineon Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. upgraded shares of Infineon Technologies from a “neutral” rating to an “overweight” rating in a research report on Friday, March 20th. Finally, UBS Group cut shares of Infineon Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Infineon Technologies Trading Down 1.7%

Shares of Infineon Technologies stock opened at $62.04 on Wednesday. The stock has a market capitalization of $76.22 billion, a P/E ratio of 66.71, a price-to-earnings-growth ratio of 0.98 and a beta of 1.83. The company has a quick ratio of 0.94, a current ratio of 1.72 and a debt-to-equity ratio of 0.35. The company has a 50-day simple moving average of $50.37 and a 200 day simple moving average of $46.13. Infineon Technologies has a 12-month low of $32.13 and a 12-month high of $64.12.

About Infineon Technologies

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.