BN · rank #1 · 2026-10-26
AIXA
XETRA · EUR · $3.59B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 1.18 |
|---|---|
| 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. | +70.6% |
| Last EPS surprise Most recent reported EPS versus consensus. | +31% |
| Market cap (USD) | $3.59B |
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 sells MOCVD deposition equipment for compound semiconductors, currently benefiting from surging demand for laser-based optical transceivers in AI data-center interconnects.
Rationale
The bottleneck-solver thesis is directly reinforced by 77% global MOCVD market share, a doubling of Q3 order intake to ~€275M YoY, backlog expansion to €457M, and gross margin expansion from 39% to ~48% driven by AI optical communications equipment demand.
Material risks
- 1AMEC and Chinese domestic MOCVD makers could displace AIXTRON in China, its largest single market, eroding the market-share moat that underpins the entire bottleneck-solver thesis.
- 2Earnings report due October 29 (3 days out) creates binary event risk; any guidance revision or SiC/GaN demand commentary could sharply reprice the stock before a position is established.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.