BN · rank #1 · 2026-10-21
AIXA
XETRA · EUR · $3.98B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 1.14 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +42.3% |
| Forward net margin Consensus forward net margin. | +16.0% |
| Net margin TTM Trailing twelve month net margin. | +12.1% |
| Margin expansion Forward minus trailing net margin (percentage points). | +3.9% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 2.08 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 1.28× |
| Analyst upside Spread between the consensus 12m target and the current price. | +53.4% |
| Last EPS surprise Most recent reported EPS versus consensus. | +31% |
| Market cap (USD) | $3.98B |
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
AIXTRON SE designs and manufactures specialized MOCVD and CVD epitaxy equipment used to deposit compound semiconductor layers for AI optical transceivers, power electronics, and optoelectronics.
Rationale
Preliminary Q3 2026 order intake surging to ~€275 million—driven by G10-AsP system wins for AI optical networks—validates AIXTRON's role in solving critical high-speed data transfer bottlenecks.
Material risks
- 1Domestic Chinese competitors AMEC and NAURA gain market share with cheaper deposition equipment, commoditizing power electronics tools and eroding AIXTRON's moat outside AI optics.
- 2Prolonged low utilization across SiC and GaN power semiconductor manufacturing delays key customer capacity additions beyond optoelectronics.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.