Erste Group Bank Predicts OTCMKTS:IFNNY FY2027 Earnings

Key Points

• Erste Group Bank raised its FY2027 EPS forecast for Infineon Technologies to $3.27 from $3.25, above the company’s current-year consensus estimate of $2.03.
• Infineon exceeded quarterly expectations, reporting $0.51 EPS versus $0.48 expected and revenue of $4.82 billion versus the $4.76 billion consensus.
• Analyst sentiment remains positive but mixed, with the stock holding a “Moderate Buy” consensus rating; shares recently opened at $64.29, with a $83.78 billion market capitalization.

Infineon Technologies AG (OTCMKTS:IFNNY - Free Report) - Research analysts at Erste Group Bank upped their FY2027 earnings per share estimates for shares of Infineon Technologies in a research note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the technology company will post earnings of $3.27 per share for the year, up from their prior estimate of $3.25. The consensus estimate for Infineon Technologies' current full-year earnings is $2.03 per share.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.76 billion. Infineon Technologies had a return on equity of 11.55% and a net margin of 8.37%.

Several other brokerages also recently commented on IFNNY. Zacks Research downgraded shares of Infineon Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 24th. DZ Bank raised shares of Infineon Technologies to a "strong-buy" rating in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Infineon Technologies Stock Performance

Shares of IFNNY stock opened at $64.29 on Friday. The company has a market capitalization of $83.78 billion, a P/E ratio of 56.89, a PEG ratio of 0.73 and a beta of 2.23. Infineon Technologies has a fifty-two week low of $36.10 and a fifty-two week high of $103.28. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.59. The stock has a 50 day moving average price of $71.28 and a two-hundred day moving average price of $68.86.

Infineon Technologies Company Profile

Infineon Technologies AG is a Germany-based semiconductor company that develops and manufactures solutions for automotive, industrial, communications, and consumer applications. The company's products are designed to support electrification, energy efficiency, connectivity, and digital security across a range of end markets.

Infineon's portfolio includes automotive microcontrollers, power semiconductors, sensors, radio-frequency components, connectivity products, and security solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.