Infineon stock reports record revenue as Morgan Stanley cuts target

Published on 09/29/2026 at 08:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lowered its Infineon target from EUR 81.00 to EUR 65.00 on September 8, 2026. Q3 FY2026 revenue reached EUR 4.172 billion, up 13 percent year over year.

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Infineon stock (ISIN DE0006231004) was last at EUR 56.57 on Xetra on September 28, 2026, at 5:35 p.m. CEST, down 0.25 percent from the prior close. The semiconductor group enters the new session with record Q3 FY2026 revenue, while a major analyst revision points to more limited near-term upside.

Revenue reaches EUR 4.172 billion

Infineon generated EUR 4.172 billion in revenue in the quarter ended June 30, 2026, according to Borse Express on September 18, 2026. That was 13 percent above the year-earlier quarter and 9 percent higher than the preceding quarter, giving investors a concrete measure of the operating recovery.

The same Q3 report placed Infineon's segment result margin at 19.1 percent. The result matters because the company is improving sales while maintaining profitability in a semiconductor cycle that remains sensitive to automotive demand, industrial orders and data-center investment.

Morgan Stanley trims its target

According to Yahoo Finance on September 8, 2026, Morgan Stanley moved Infineon to Equal Weight and cut its price target from EUR 81.00 to EUR 65.00. The revised target lies 14.90 percent above the Xetra price of EUR 56.57, a narrower valuation gap than the earlier target implied.

Infineon's full-year FY2026 revenue guidance stands at EUR 16.3 billion, while the latest quarterly revenue already represents 25.60 percent of that figure. The comparison shows why the earnings trajectory remains central to the stock discussion, even as the analyst view has become more selective.

Stock remains below yearly high

Infineon stock was last at EUR 56.57 on Xetra on September 28, 2026, with a 52-week range of EUR 31.27 to EUR 88.83. The price stood 36.32 percent below the yearly high and 80.91 percent above the low, while volume reached 2,823,146 shares.