QM · rank #1 · 2026-07-22
AIXA
XETRA · EUR · $5.66B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +337.52% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +6.7% |
| Profit margin Net profit margin, trailing 12 months. | +11.6% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $5.66B |
| Anchor (recent) Close on 2026-06-22 | $60.42 |
| Anchor (far) Close on 2025-06-20 | $13.81 |
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 systems for compound semiconductors used in power electronics, optoelectronics, and AI-driven optical networking.
Rationale
The momentum signal (12-1: 3.38) is reinforced by a concrete fundamental catalyst—raised FY2026 guidance, 30% YoY order intake growth, and named tool wins at ROHM, Lumentum, and MIT Lincoln Lab—giving the price trend an earnings-revision backbone rather than pure sentiment.
Material risks
- 1Customer in-sourcing risk is real but not yet disqualifying—ROHM is scaling GaN production on AIXTRON's own G10-GaN platform, meaning they are buying more tools, not replacing them; however, if large IDMs eventually develop proprietary MOCVD alternatives, AIXTRON's sole-supplier position erodes.
- 2The €450M zero-coupon convertible bond introduces future dilution overhang at conversion, and with profit margins at only 11.6% and ROE at 6.7%, the quality metrics are thin—any revenue guidance miss would compress multiples sharply on a name trading at elevated momentum-driven valuations.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.