Serenity@aleabitoredditPost2026-06-23

Bernstein upgraded XFAB to outperform and raised its price target from €5 to €12.8. The au

Bernstein upgraded XFAB to outperform and raised its price target from €5 to €12.8. The author forgives Bernstein for past calls on Kioxia and Intel, but views the upgrade as reactive to automotive recovery and SiC/power semi ramp-up. They believe the stock could significantly undershoot potential if the market prices in XFAB moving to high-volume manufacturing, especially via its silicon photonics foundry collaboration with Photonixfab (and Nvidia) and LIGENTEC for TFLN on SOI. Overall, the author is bullish on XFAB and curious about its direction.

“$XFAB upgraded to outperform with a PT of €12.8 by Bernstein, up from €5. Okay I forgive you Bernstein for Kioxia and Intel. I still think that’s just reactive PTs off automotive recovery, SiC/power semi ramp up. And undershooting potential a lot… If markets price in the possibility of xfab moving to HVM. On their silicon photonics foundry w/ photonixfab / Nvidia + LIGENTEC for TFLN on SOI. Regardless I’m bullish too on XFAB and curious where it heads.”