Stifel Nicolaus analyst Juergen Wagner has reiterated their bullish stance on 0R8P stock, giving a Buy rating on March 14.
Juergen Wagner has given his Buy rating due to a combination of factors including the anticipated recovery in wafer volumes and stable pricing in long-term agreements. The CEO of Siltronic, Michael Heckmeier, has indicated that despite limited visibility on the cycle, the company expects a pickup in wafer volumes in the latter half of 2025, driven by demand recovery in key semiconductor markets such as automotive and industrial sectors.
Additionally, Siltronic’s advanced production process for 200mm power semiconductor wafers is expected to protect its market share against Chinese competition. The company is also phasing out lower-end business to focus on more profitable segments. The anticipated reduction in inflated wafer inventory levels, along with signs of recovery in the memory market, further supports the positive outlook. These factors contribute to an attractive risk/reward profile, justifying the Buy rating.
In another report released on March 14, Kepler Capital also maintained a Buy rating on the stock with a €65.00 price target.
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