FRANKFURT (dpa-AFX) - Robust performance in the semiconductor sector sent Jenoptik shares soaring by double digits on Tuesday. In early Xetra trading, the stock hit a record high of nearly 42 euros, leading the MDax. Most recently, shares were up more than 15 percent at 41.82 euros, extending their year-to-date gains to almost 114 percent. This makes them the second-best performer in the mid-cap index for 2026, trailing only Aixtron.
The group started 2026 on a strong footing, with order intake exceeding market expectations by 30 percent, noted Jefferies analyst Henrik Paganetty. The very strong order intake should be well received, commented Malte Schaumann of Warburg Research. 'The key will be how quickly the high order backlog is converted into revenue,' wrote Dirk Schlamp of DZ Bank.
The technology group reported significantly higher first-quarter earnings compared to the previous year. Management from the Thuringia-based company highlighted highly dynamic demand from the semiconductor equipment industry./ajx/stk
