Infineon stock falls after Morgan Stanley cuts target to EUR 65

Published on 09/13/2026 at 14:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut Infineon to Equal Weight and lowered its target to EUR 65 from EUR 81 on September 13, 2026. The stock traded at EUR 58.08 on September 11, 2026.

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Infineon stock (DE0006231004) traded at EUR 58.08 on September 11, 2026, and closed 4.80 percent higher in the data snapshot captured for September 13, 2026. Investing.com reported on September 13, 2026 that Morgan Stanley cut the shares to Equal Weight from Overweight and lowered its target to EUR 65 from EUR 81.

Target cut changes the setup

The downgrade matters because the new target sits only 12.0 percent above EUR 58.08, while the old target implied 39.6 percent upside. For investors, that is a clear reset in the risk-reward debate.

Infineon Technologies AG keeps its primary listing in Frankfurt under ticker IFX, and the stock is part of the TecDAX. The Reuters key-metrics page for IFXGn.S showed a last trade of CHF 53.72 on September 12, 2026, with a change of 0.00 percent.

Margin focus stays high

In the latest reported quarter, Infineon said revenue in the third quarter of fiscal 2026 was EUR 3.704 billion, up 3 percent from EUR 3.612 billion a year earlier. The company also reported segment result of EUR 668 million and a segment result margin of 18.0 percent in that period.

That combination matters more than a single price move. Revenue growth was modest, but the 18.0 percent margin still shows operating leverage in a cyclical chip market.

Stock stays above the target reset

With the stock at EUR 58.08 on September 11, 2026, Infineon trades 10.7 percent below the new Morgan Stanley target of EUR 65. The gap is narrower than before the cut, which makes the next move in estimates and margins more important than the one-day tape.