Infineon Technologies sees raised FY2027 earnings forecast

Erste Group Bank has increased its fiscal year 2027 earnings per share (EPS) forecast for Infineon Technologies AG. Analyst H. Engel raised the estimate to $3.27 per share from a previous projection of $3.25.

Infineon Technologies recently reported quarterly earnings of $0.51 per share, exceeding the consensus estimate of $0.48. The company reported quarterly revenue of $4.82 billion, which was higher than the expected $4.76 billion. The technology firm currently maintains a market capitalization of approximately $83.78 billion.