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IQE plc (IQE) Share Price & Analysis
IQE Stock Chart & Stats
- Day’s Range
- GBX 27.55 - GBX 29.75
- 52-Week Range
- GBX 4.75 - GBX 72.90
- Previous Close
- GBX 28.35
- Volume
- N/A
- Average Volume (3M)
- 16.71M
- Market Cap
- GBP 382.10M
- Enterprise Value
- GBP 503.06M
- Total Cash (Recent Filing)
- GBP 41.60M
- Total Debt (Recent Filing)
- GBP 53.94M
- Price to Earnings (P/E)
- ―
- Beta
- 1.95
- Next Earnings
- May 19, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Strong Growth In Strategic Markets
Rapid growth across Wireless and Photonics indicates stronger demand for IQE’s compound semiconductor materials in communications, AI and data-center applications. Broad expansion across these markets can improve factory utilization, deepen customer relationships and support durable revenue growth over the next several quarters.
Improved Commercial Visibility
Multiyear agreements and customer production orders provide clearer visibility into future utilization, capacity needs and revenue. These commitments can make demand more predictable, support investment decisions and strengthen IQE’s position as customers qualify and scale bespoke wafer programs.
Better Operating Performance
Improved utilization, yields and product mix show that growth is beginning to translate into operating leverage rather than only higher sales. Continued execution could support margin recovery, while IQE’s existing Newport infrastructure offers room to add capacity as customer commitments develop.
Bears Say
Persistent Losses And Negative Free Cash Flow
The reported financial statements show that IQE has not yet established sustainable operating profitability or positive free cash flow. Negative gross profit and ongoing losses can restrict internally funded investment, increase reliance on financing and make execution more sensitive to changes in demand or costs.
Substrate And Rare-earth Bottlenecks
Substrate constraints could limit IQE’s ability to convert strong optical and data-center demand into wafer volumes, even where customer interest is high. Indium phosphide bottlenecks may delay capacity ramps, constrain utilization and make near-term growth dependent on securing industry allocations.
Limited Forward Visibility
The absence of 2027 guidance and long-term margin targets makes it harder to assess the durability of current growth and the eventual earnings profile. Investors and customers have less clarity on capacity planning, profitability improvement and the timing of the company’s longer-term strategy.
IQE plc News
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IQE plc Stock Smart Score
Company Description
IQE plc
IQE Plc is a holding company, which engages in the research, design, development, manufacture, and sale of compound semiconductor materials. It operates through the following segments: Wireless, Photonics, and CMOS++. The Wireless segment includes mobile smartphones, base station, mobile networks, Wi-Fi, smart metering, satellite navigation, and a plethora of other connected devices. The Photonics segment refers to devices that emit or detect light, such as advanced lasers and sensors. The CMOS++ segment combines the advanced properties of compound semiconductors with silicon. The company was founded on April 01, 1999 and is headquartered in Cardiff, the United Kingdom.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Jutta Meier
- Employees
- 460
- Website
- www.iqep.com
- Address
- Pascal Close, Cardiff, WA, CF3 0LW, GB
IQE plc (IQE) Earnings & Revenues
IQE Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. IQE reported 43% first-half revenue growth, higher Wireless and Photonics revenue, GBP 6 million of adjusted EBITDA, improved margins, a debt-free balance sheet and strong commercial progress through long-term agreements and customer orders. Management also reiterated upgraded 2026 guidance and identified potential upside. The main cautions were a GBP 4 million working capital outflow, substrate and rare-earth supply risks, delayed timing for GaN power, 6-inch substrate maturity and yield issues, and the absence of 2027 and long-term margin guidance.
View all GB:IQE earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 2 | 14 |
| Technical Analysis | 6 | 2 | 2 |
| Moving Averages | 0 | 0 | 12 |








