Deutsche Bank raises target for Suess Microtec stock to EUR 100

Published on 10/12/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SUSS launched GreenTec Solutions and GT200 on October 1, 2026. Suess Microtec stock costs EUR 64.85 on October 12, 2026 versus EUR 65.80.

Key points in brief

Deutsche Bank Research raised its Suess Microtec target from EUR 96.00 to EUR 100.00 on October 8, 2026.
Suess Microtec launched the GT200 and GreenTec Solutions for 200 mm wafer-cleaning applications on October 1, 2026.
The stock was at EUR 64.85 at Lang & Schwarz on October 12, 2026, minus 1.44 percent versus the Xetra close of EUR 65.80 on October 9, 2026.
Second-quarter 2026 revenue reached EUR 116.20 million and EBIT margin was 9.00 percent, while component supply constraints remain a short-term risk.

Pop-Art-Comic Ingenieur mit Wafer SÜSS MicroTec SE DE000A1K0235 — SÜSS MicroTec SE DE000A1K0235 Pop-Art-Comic zeigt stilisierten Reinraum-Ingenieur mit leuchtendem Silizium-Wafer in bunter Fabrikhalle, Illustration mit AI erstellt.

Suess Microtec (ISIN DE000A1K0235) had its analyst target raised from EUR 96.00 to EUR 100.00 by Deutsche Bank Research on October 8, 2026, while the stock was at EUR 64.85 at Lang & Schwarz on October 12, 2026. The higher target reflects clearer visibility into the order backlog, but the next results date puts execution under scrutiny.

Three events shape the setup

On October 1, 2026, EQS News reported that SUSS entered wafer cleaning with the 200 mm GT200 platform. On October 6, 2026, FinanzNachrichten reported that MPCM kept a Buy rating and a EUR 105.00 target. On October 8, 2026, FinanzNachrichten reported Deutsche Bank Research raising its target from EUR 96.00 to EUR 100.00 and retaining Buy.

What does the target change mean?

The valuation case rests on a large order base and new product options, while the income statement still needs to catch up. In the second quarter of 2026, revenue reached EUR 116.20 million and the EBIT margin improved to 9.00 percent from 4.30 percent in the first quarter, according to Boerse Express on September 14, 2026. The same report said second-quarter order intake reached EUR 260.70 million and full-year revenue guidance stood at EUR 425.00 million to EUR 485.00 million.

The counterweight is near-term supply execution. MPCM said on October 6, 2026 that component bottlenecks posed a short-term risk, even as demand and expected order intake remained high. That creates a clear test for the EUR 100.00 target: backlog conversion must support revenue and margins, rather than remain a future promise.

Results date sets the next test

SUSS has scheduled its quarterly report for November 5, 2026, according to the company investor-relations page. The release should show whether the 9.00 percent second-quarter EBIT margin can hold while the company expands from established photomask solutions into wafer cleaning.

Stock sits below the Xetra close

At Lang & Schwarz, Suess Microtec was trading at EUR 64.85 on October 12, 2026 at 10:42 a.m. CEST, down 1.44 percent versus the Xetra close of EUR 65.80 on October 9, 2026. The current price is 45.28 percent above the 52-week low of EUR 25.80 and 45.23 percent below the 52-week high of EUR 118.40. The further course of trading is shown by the continuously updated real-time quote of Suess Microtec stock.