Infineon stock sets up stronger 2027 after record fiscal quarter

Published on 11/10/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Infineon stock followed a record fiscal quarter with a sharper 2027 growth outlook. Data center power is becoming a key earnings driver.

Record quarter lifts 2027 outlook

Infineon reported fiscal 2026 revenue of 16.353 billion euros, up 12 percent year on year.
Management expects fiscal 2027 revenue of approximately 20 billion euros and a Segment Result Margin in the mid-twenties percentage range.
Data center power supply revenue is projected to approach 4 billion euros in fiscal 2027.

Infineon, DE0006231004, Illustration mit AI erstellt.

Infineon Technologies reported a record fourth quarter for fiscal 2026 on Tuesday, November 10, while setting out a substantially stronger growth outlook for the new fiscal year. The semiconductor company said demand from data centers, power infrastructure and software-defined vehicles should support the expansion.

Infineon stock traded at 49.62 euros on Lang & Schwarz at 17:08 CET on Tuesday, November 10, 2.06 percent above the Xetra close of Monday, November 9.

Record quarter strengthens earnings base

According to the DGAP announcement published by AD HOC NEWS, fourth-quarter revenue rose 13 percent from the previous quarter to 4.706 billion euros. Segment Result increased 40 percent to 1.119 billion euros, lifting the Segment Result Margin to 23.8 percent from 19.1 percent.

Adjusted diluted earnings per share advanced to 0.60 euros from 0.44 euros in the third quarter. Adjusted gross margin also improved to 45.1 percent from 42.8 percent. These figures are adjusted measures and should be read alongside IFRS profit and earnings per share.

2027 targets point to acceleration

For fiscal 2027, Infineon expects revenue of approximately 20 billion euros at an assumed EUR/USD exchange rate of 1.15, representing growth of more than 20 percent. The company expects the Segment Result Margin in the mid-twenties percentage range and plans investments of 3.0 billion to 3.5 billion euros.

Power Systems is expected to grow significantly faster than group revenue. Revenue from data center power supplies is forecast to approach 4 billion euros, while the company also plans additional capacity for silicon carbide in Kulim and the start of gallium nitride manufacturing on 300-millimeter wafers in Villach.

Dividend proposal adds shareholder focus

The management board intends to propose a dividend increase of 0.03 euros to 0.38 euros per share at the Annual General Meeting in February 2027. Free cash flow is expected to reach approximately 1.8 billion euros, while adjusted free cash flow is forecast at approximately 2.2 billion euros.