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AIXTRON SE (ETR:AIXA) investors will be delighted, with the company turning in some strong numbers with its latest results. Results were good overall, with revenues beating analyst predictions by 9.1% to hit €113m. Statutory earnings per share (EPS) came in at €0.04, some 7.7% above whatthe analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the 14 analysts covering AIXTRON provided consensus estimates of €542.4m revenue in 2025, which would reflect a chunky 14% decline over the past 12 months. Statutory earnings per share are forecast to plunge 21% to €0.70 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €540.0m and earnings per share (EPS) of €0.69 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
View our latest analysis for AIXTRON
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €14.80. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values AIXTRON at €22.00 per share, while the most bearish prices it at €9.80. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
Of course, another way to look at these forecasts is to place them into context against the industry itself. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 18% by the end of 2025. This indicates a significant reduction from annual growth of 21% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 8.0% per year. It's pretty clear that AIXTRON's revenues are expected to perform substantially worse than the wider industry.