AU · rank #14 · 2026-10-26
JEN
XETRA · EUR · $2.40B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 0.477 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.11 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 4 |
| Insider signal (90d) | — |
| Analyst upside Consensus target $50.56 | +35.0% |
| Momentum acceleration 3-month minus 12-month momentum. | -18.85% |
| Analyst rating 5 = Strong Buy, 1 = Strong Sell. | 4.44 |
| Gross margin TTM | +34.5% |
| 52w high | $48.42 |
| Market cap (USD) | $2.40B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Jenoptik is a German photonics and optical-systems supplier serving semiconductor equipment, medical, and mobility markets, with growing exposure to lithography-related and advanced-manufacturing applications.
Rationale
The analyst_upside_pct of 35% is reinforced by a concrete fundamental catalyst — a raised FY2026 EBITDA-margin guide to ~22%, 100% upward EPS revision agreement across 8 analysts, and a 53% H1 order-intake surge that provides backlog visibility, making the consensus re-rating thesis credible rather than purely sentiment-driven.
Material risks
- 1Semiconductor capex cyclicality is the primary thesis-breaker — Jenoptik has no disclosed sole-source protection, so any pause or cancellation by semiconductor-equipment OEM customers (who drove the order surge) would rapidly deflate both backlog conversion and the margin expansion story underpinning the 35% analyst upside.
- 2Target price dispersion of 39.2% among only 8 analysts signals meaningful disagreement on fair value, and negative momentum acceleration of -18.9% suggests the market is already fading the re-rating, raising the risk that the consensus upside is a stale artifact rather than an imminent catalyst.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.