Erste Group Bank Predicts OTCMKTS:IFNNY FY2027 Earnings

Infineon Technologies AG (OTCMKTS:IFNNY) – Investment analysts at Erste Group Bank decreased their FY2027 EPS estimates for Infineon Technologies in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the technology company will earn $3.18 per share for the year, down from their prior estimate of $3.27. The consensus estimate for Infineon Technologies’ current full-year earnings is $2.01 per share.

Infineon Technologies (OTCMKTS:IFNNY) last posted its earnings results on Wednesday, August 5th. The technology company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. Infineon Technologies had a net margin of 8.37% and a return on equity of 11.39%. The business had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.76 billion.

A number of other equities analysts have also recently weighed in on IFNNY. DZ Bank raised Infineon Technologies to a “strong-buy” rating in a report on Thursday, August 27th. Zacks Research lowered Infineon Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Infineon Technologies Price Performance

Shares of Infineon Technologies stock opened at $63.45 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.73 and a debt-to-equity ratio of 0.35. Infineon Technologies has a twelve month low of $36.10 and a twelve month high of $103.28. The business has a 50-day moving average price of $66.86 and a 200 day moving average price of $71.77. The firm has a market cap of $82.69 billion, a PE ratio of 56.15, a P/E/G ratio of 0.44 and a beta of 2.26.

About Infineon Technologies

Infineon Technologies AG is a semiconductor company headquartered in Neubiberg, Germany. The company develops and manufactures semiconductor solutions for the automotive, industrial, communications, consumer electronics and energy markets. Its portfolio includes power semiconductors, microcontrollers, sensors, connectivity components and security products.

Infineon’s automotive products support applications such as electric and hybrid vehicles, vehicle power management, advanced driver-assistance systems and automotive connectivity.