Berenberg raises Infineon target to €100 - 'Buy' - marketscreener.com

Berenberg raised Infineon's target price to €100 with a 'Buy' rating, reflecting market confidence in the company's growth prospects in power semiconductors and automotive electronics. Infineon, as a ... Read original →

Berenberg’s €100 target price for Infineon isn’t just bullish—it signals a structural shift in power semiconductor value chains. Infineon’s in-house 12-inch wafer fabs now outpace rivals like STMicroelectronics and onsemi, who remain reliant on foundries amid tightening 8-inch capacity. EU’s Net-Zero Industry Act raises compliance costs but simultaneously validates Infineon’s European manufacturing footprint as a strategic asset. With TSMC accelerating automotive SiC development and Taiwan, China-based suppliers waging price wars in low-voltage MOSFETs, Infineon is countering by embedding deeper into OEM ecosystems like Volkswagen and BMW through system-level solutions. Over the next 18 months, mass adoption of 800V EV architectures could push SiC revenue beyond 30% of its auto segment—but U.S.-led export controls on advanced packaging equipment may delay expansion at its Malaysia backend facility, creating a latent supply risk.