UBS has lowered its price target for Aixtron from 20.90 euros to 14.90 euros, while maintaining a "Neutral" rating on the semiconductor industry supplier.

This adjustment is based on Aixtron's quarterly figures and reflects a cautious outlook on the market recovery, which is now expected to be delayed until 2025.

Analyst Madeleine Jenkins has noted a significant downward revision in earnings forecasts for 2025 and 2026, citing a lack of positive price drivers for Aixtron's shares.

The updated target and earnings projections highlight the challenges that the company is currently facing in the market.