X-Fab Silicon Foundries SE

X Fab Silicon Foundries EV is a Belgium-based company primarily engaged in the semiconductors industry. The Company focuses on the design and manufacture of silicon wafers for mixed-signal integrated circuits (ICs). Its products are integrated with additional features, such as high voltage option, embedded non-volatile memory, optical, radio frequency (RF) and bipolar elements, as well as microelectromechanical sensors. The Company distributes silicon wafers for various applications, including automotive, industrial, medical, as well as consumer electronics and mobile communications sector. The Company operates in a number of countries, such as Germany, France, Malaysia and the United States.
  • TickerA2DNYG
  • ISINBE0974310428
  • ExchangeEuronext Paris
  • SectorTechnology Hardware & Equipment
  • CountryBelgium

Analysts

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

STMicroelectronics N.V. : ODDO BHF SThe 2019 Extel* survey has just named ODDO BHF “number 1 broker on French equities” for the fourth consecutive year. It has also ranked ODDO BHF “number 5 broker on German equities”, five places higher than last year. T

...

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 03/06/2019 L’enquête EXTEL* 2019 vient de désigner ODDO BHF « 1er broker sur les actions françaises » pour la 4ème année consécutive. Elle classe aussi ODDO BHF « 5ème broker sur les actions allema

...

Stephane Houri ...
  • Veysel Taze

ODDO : April very close to our expectations, too soon to gauge the impact of the stepping up of the trade war on H2

>Decline of 14.6% in sales y-o-y in April (vs -13% in March) and of 5.9% excluding memories, very close to our estimates - Worldwide semiconductor sales for April 2019 were published at the weekend by WSTS (World Semiconductor Trade Statistics), with a month’s lag, as usual. On a three-month moving average, sales in April came to $ 32.1bn, ahead of our forecast of $ 31.7bn. This represents a -14.6% decline on a full-year basis, after -13% in March. We had been forecas...

Stephane Houri ...
  • Veysel Taze

ODDO : Avril très proche de nos attentes, trop tôt pour évaluer l’impact de l’intensification de la guerre commerciale sur la pente du S2

>Baisse des ventes yoy de 14,6% en avril (vs -13% en mars) et de 5,9% hors mémoires, très proche de nos attentes - Les ventes mondiales de semi-conducteurs d’avril 2019 ont été publiées ce week-end par la WSTS (World Semiconductor Trade Statistics), comme d’habitude avec un mois de décalage. En données lissées (MM3 – Moyennes Mobiles 3 mois), elles ressortent à 32,1 Md$, au-dessus de notre prévision de 31.7 Md$. Il s’agit d’une baisse en données annuelles de -14,6%, a...

Stephane Houri ...
  • Veysel Taze

ODDO : For Huawei, the threat from ARM is much more serious than Google stopping its support

>BBC reveals ARM is halting all contacts with Huawei - The BBC yesterday revealed that the processor designer ARM had requested its empoyees halt all active contracts, technical assistance and ongoing commitments with Huawei. See BBC article. But the company is a UK-based subsidiary of the Japanese group SoftBank, which acquired ARM in 2016. In theory, then, the company should be not be affected by the US decision. However, in its internal memo, ARM states that the ar...

Stephane Houri ...
  • Veysel Taze

ODDO : April very close to our expectations, too soon to gauge the impact of the stepping up of the trade war on H2

>Decline of 14.6% in sales y-o-y in April (vs -13% in March) and of 5.9% excluding memories, very close to our estimates - Worldwide semiconductor sales for April 2019 were published at the weekend by WSTS (World Semiconductor Trade Statistics), with a month’s lag, as usual. On a three-month moving average, sales in April came to $ 32.1bn, ahead of our forecast of $ 31.7bn. This represents a -14.6% decline on a full-year basis, after -13% in March. We had been forecas...

Stephane Houri ...
  • Veysel Taze

ODDO : Avril très proche de nos attentes, trop tôt pour évaluer l’impact de l’intensification de la guerre commerciale sur la pente du S2

>Baisse des ventes yoy de 14,6% en avril (vs -13% en mars) et de 5,9% hors mémoires, très proche de nos attentes - Les ventes mondiales de semi-conducteurs d’avril 2019 ont été publiées ce week-end par la WSTS (World Semiconductor Trade Statistics), comme d’habitude avec un mois de décalage. En données lissées (MM3 – Moyennes Mobiles 3 mois), elles ressortent à 32,1 Md$, au-dessus de notre prévision de 31.7 Md$. Il s’agit d’une baisse en données annuelles de -14,6%, a...

Stephane Houri ...
  • Veysel Taze

ODDO : For Huawei, the threat from ARM is much more serious than Google stopping its support

>BBC reveals ARM is halting all contacts with Huawei - The BBC yesterday revealed that the processor designer ARM had requested its empoyees halt all active contracts, technical assistance and ongoing commitments with Huawei. See BBC article. But the company is a UK-based subsidiary of the Japanese group SoftBank, which acquired ARM in 2016. In theory, then, the company should be not be affected by the US decision. However, in its internal memo, ARM states that the ar...

Stephane Houri ...
  • Veysel Taze

ODDO : Pour Huawei, la menace ARM est beaucoup plus grave que l’arrêt du support de Google

>La BBC révèle que ARM arrête tous les contacts avec Huawei - Hier, la BBC a révélé que le designer de processeurs ARM a demandé à ses employés de mettre fin à ‘tous les contrats actifs, assistances techniques et engagements en cours’ avec Huawei'. Lire l'article de la BBC. L’entreprise est pourtant une filiale britannique du groupe japonais SoftBank, rachetée en 2016. En théorie, l’entreprise ne devrait donc pas être concernée par la décision des États-Unis. Pourtant...

Stephane Houri ...
  • Veysel Taze

ODDO : Behind the Huawei affair lurk fears of an intensification of the trade war and perhaps a structural slowdown in the tech sector

>End of Android support for Huawei, which has been added to Donald Trump’s black list - Just days after the Trump administration’s decree banning US telecoms players from trading with foreign businesses that are deemed “at risk”, Google has decided to apply this decision to Huawei. As such, Google will no longer supply software, IT hardware or technical services to Huawei, with the exception of those featuring in the Android Open Source Project (AOSP), a free access v...

1 director bought

A director at X-Fab Silicon Foundries SE bought 300,000 shares at 5.310EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The ...

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

STMicroelectronics N.V. : ODDO BHF SThe 2019 Extel* survey has just named ODDO BHF “number 1 broker on French equities” for the fourth consecutive year. It has also ranked ODDO BHF “number 5 broker on German equities”, five places higher than last year. T

...

Bruno Cavalier ...
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 03/06/2019 L’enquête EXTEL* 2019 vient de désigner ODDO BHF « 1er broker sur les actions françaises » pour la 4ème année consécutive. Elle classe aussi ODDO BHF « 5ème broker sur les actions allema

...

Alain William ...
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Steven Gould
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/23/2019

...

Alain William ...
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Stephane Houri
  • Steven Gould
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 23/05/2019

...

Alexandre Iatrides ...
  • Olfa Taamallah
  • Samantha Jeary
  • Stephane Houri
  • Sven Edelfelt
  • Sylvain Goyon
  • Veysel Taze
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/21/2019

Two weeks ago, it seemed rational to tilt our allocation more towards cyclicals and away from defensives (macro, expensive nature of the growth/quality theme). Alas! Donald Trump has gotten involved, rekindling volatility and considerably reducing visibility. What can we do when the search for security is once again pushing yields down, which is favourable for long-term sectors, often synonymous with quality but too expensive? Favour the cash flow/distribution trade combined with an a...

Thanks to a better fundamental star rating, X-FAB sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to X-FAB (FR), active in the Semiconductors industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date April 12, 2019, the closing price was EUR 5.19 and its expected value was estimated at EUR 4.74.

Matthieu DRIOL

Short term view - X-FAB : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €4.29. The background trend would be questioned should prices rise above €7.65.

Matthieu DRIOL

Analyse court terme - X-FAB : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 4,29 €. La tendance de fond serait remise en cause en cas de franchissement de 7,65 €.

Matthieu DRIOL

Short term view - X-FAB : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €4.29, then €4.05. Passing €7.65 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - X-FAB : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 4,29 €, puis 4,05 €. Le franchissement de 7,65 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Analyse moyen terme - X-FAB : La tendance est haussière.

La tendance est haussière. La baisse récente gagne en vigueur. Le prochain support est à 4,61 €. La tendance serait remise en cause par la rupture de 3,11 €.

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