IXYS Corporation (IXYS) Stock Analysis
DELISTED 2018
What happened to IXYS Corporation (IXYS) stock?
IXYS Corporation (IXYS) no longer trades on public markets. It was delisted in January 2018. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
IXYS Corporation (IXYS) trades at $23.05. IXYS Corporation specializes in power semiconductors for energy efficiency, power management, and motor control. The company serves industrial, transportation, and consumer markets with a focus on high-performance applications. Sector: Technology.
Last analyzed: Mar 18, 2026Analyst Coverage for IXYS: IXYS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IXYS against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
IXYS: this read rests on a single discipline (Legends Council) — the other council disciplines have no scored data yet.
How is this calculated? →IXYS Corporation (IXYS) Technology Profile & Competitive Position
IXYS Corporation provides power semiconductors and integrated circuits, focusing on high-voltage, high-current applications. With a presence in industrial, transportation, and consumer sectors, IXYS leverages its expertise in power management and motor control to deliver energy-efficient solutions, although it faces competition in a dynamic market.
What Is the Investment Thesis for IXYS?
IXYS Corporation presents a mixed investment case. The company's focus on high-performance power semiconductors positions it well to capitalize on the growing demand for energy-efficient solutions in various sectors. A gross margin of 32.8% indicates a reasonable level of profitability, but a P/E ratio of 34.06 suggests that the stock may be overvalued compared to its earnings. Upcoming catalysts include potential growth in the electric vehicle market and increased adoption of renewable energy systems, which could drive demand for IXYS's products. However, potential risks include intense competition in the semiconductor industry and fluctuations in global economic conditions, which could impact sales and profitability. Investors should carefully consider these factors before making an investment decision.
Based on FMP financials and quantitative analysis
IXYS Key Highlights
IXYS operates with a profit margin of 6.6%, reflecting its ability to generate earnings relative to its revenue.
- The company's gross margin stands at 32.8%, indicating the profitability of its products after accounting for the cost of goods sold.
- IXYS has a beta of 0.66, suggesting lower volatility compared to the overall market.
- The company's P/E ratio is 34.06, reflecting investor expectations for future earnings growth.
- IXYS does not currently offer a dividend, meaning investors do not receive regular income from holding the stock.
Who Are IXYS's Competitors?
IXYS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ON ON Semiconductor Corporation | $74.71 | -2.44% | $29.1B | 55 |
| STM STMicroelectronics N.V. | $50.22 | -0.38% | $44.8B | 54 |
| INF INF | $12.81 | +0.00% | — | |
| NVDA NVIDIA Corporation | $216.83 | -0.34% | $5.25T | 97 |
| TSM Taiwan Semiconductor Manufacturing Company Limited | $413.55 | +0.36% | $2.14T | 60 |
| AVGO Broadcom Inc. | $362.48 | -4.57% | $1.73T | 77 |
| MU Micron Technology, Inc. | $974.33 | +3.97% | $1.10T | 99 |
| AMD Advanced Micro Devices, Inc. | $469.45 | +0.65% | $765B | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IXYS's Key Strengths?
Strong expertise in power semiconductors
- Focus on high-performance applications
- Established relationships with key customers
- Proprietary technology
What Are IXYS's Weaknesses?
Limited scale compared to larger competitors
- Dependence on specific markets
- Potential for technological obsolescence
- Lower profit margin compared to peers
What Could Drive IXYS Stock Higher?
Potential growth in the electric vehicle market driving demand for IXYS's power semiconductors.
- Increasing adoption of renewable energy systems requiring efficient power conversion solutions.
- Expansion of industrial automation technologies creating demand for motor control products.
What Are the Key Risks for IXYS?
Intense competition in the semiconductor industry impacting market share and pricing.
- Fluctuations in global economic conditions affecting sales and profitability.
- Technological advancements by competitors leading to product obsolescence.
- Dependence on specific markets making IXYS vulnerable to downturns in those sectors.
What Are the Growth Opportunities for IXYS?
- Electric Vehicle Market Expansion: The increasing adoption of electric vehicles (EVs) presents a significant growth opportunity for IXYS. Power semiconductors are essential components in EV powertrains, battery management systems, and charging infrastructure. As the EV market continues to expand, driven by government incentives and consumer demand, IXYS can capitalize on this trend by providing high-performance power devices for EV applications.
- Renewable Energy Systems: The growing demand for renewable energy sources, such as solar and wind power, is driving the need for efficient power conversion and control systems. IXYS's power semiconductors are used in solar inverters, wind turbine converters, and energy storage systems. As governments and businesses invest in renewable energy infrastructure, IXYS can benefit from increased demand for its products. The renewable energy market is expected to grow significantly, creating opportunities for IXYS to expand its presence in this sector.
- Industrial Automation: The increasing adoption of automation technologies in manufacturing and other industries is driving the demand for power semiconductors in motor drives, power supplies, and control systems. IXYS's products are used in industrial robots, automated machinery, and process control equipment. As companies invest in automation to improve efficiency and productivity, IXYS can capitalize on this trend by providing high-performance power devices for industrial applications. The industrial automation market is projected to grow steadily, offering opportunities for IXYS to expand its market share.
- Power Management Solutions: The increasing demand for energy-efficient power management solutions in various applications is driving the need for advanced power semiconductors. IXYS's products are used in power supplies, lighting systems, and consumer electronics to improve energy efficiency and reduce power consumption. As governments and consumers prioritize energy conservation, IXYS can benefit from increased demand for its power management solutions. The power management market is expected to grow as energy efficiency becomes more important.
- Medical Device Market: The growing demand for advanced medical devices, such as diagnostic imaging equipment, patient monitoring systems, and surgical instruments, is driving the need for high-performance power semiconductors. IXYS's products are used in medical power supplies, motor drives, and control systems. As the healthcare industry continues to innovate and expand, IXYS can capitalize on this trend by providing reliable and efficient power devices for medical applications. The medical device market is expected to grow, offering opportunities for IXYS to expand its presence in this sector.
What Are IXYS's Competitive Advantages?
- Proprietary power semiconductor technology
- Strong relationships with key customers
- Focus on high-performance, niche applications
- Vertical integration with manufacturing facilities
What Does IXYS Do?
IXYS Corporation, founded in 1983, designs, develops, and manufactures power semiconductors and integrated circuits for various applications. The company's initial focus was on developing high-performance power MOSFETs, and it has since expanded its product portfolio to include IGBTs, thyristors, rectifiers, and power modules. These components are crucial for improving energy efficiency and enabling advanced control in diverse systems. IXYS serves a global customer base across industrial, transportation, consumer, medical, and communications markets. IXYS's products are used in power supplies, motor drives, renewable energy systems, electric vehicles, and medical devices. The company's technology is designed to improve the efficiency and performance of electronic systems while reducing energy consumption and environmental impact. IXYS operates manufacturing facilities and design centers in the United States and Europe, allowing it to maintain control over its supply chain and respond quickly to customer needs. Over the years, IXYS has focused on innovation and strategic acquisitions to strengthen its market position and expand its technological capabilities. Its commitment to quality and reliability has helped it build long-term relationships with key customers and partners.
What Products and Services Does IXYS Offer?
- Designs and manufactures power semiconductors.
- Produces integrated circuits for power management.
- Offers high-voltage, high-current devices.
- Provides solutions for motor control applications.
- Develops products for energy efficiency.
- Serves industrial, transportation, and consumer markets.
- Creates components for renewable energy systems.
How Does IXYS Make Money?
- Designs and manufactures power semiconductors and integrated circuits.
- Sells products directly to customers and through distributors.
- Generates revenue from product sales.
- Focuses on high-performance, niche applications.
What Industry Does IXYS Operate In?
IXYS Corporation operates in the semiconductor industry, which is characterized by rapid technological advancements and intense competition. The market is driven by the increasing demand for electronic devices and systems across various sectors, including consumer electronics, automotive, industrial automation, and healthcare. Key trends include the growing adoption of power semiconductors for energy efficiency, the rise of electric vehicles, and the expansion of renewable energy systems. IXYS competes with other semiconductor manufacturers, focusing on niche markets and high-performance applications to differentiate itself.
Who Are IXYS's Key Customers?
- Industrial equipment manufacturers
- Transportation system providers
- Consumer electronics companies
- Medical device manufacturers
- Renewable energy system integrators
Key Financial Metrics
Return on equity for IXYS Corporation stands at 7.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.9%, showing how much profit it generates from its asset base. IXYS trades at a trailing price-to-earnings ratio of 34.06, roughly in line with the Technology sector average of ~34x. A current ratio of 8.03 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.9%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
IXYS Corporation operates in the Semiconductors industry within the Technology sector. IXYS has traded publicly since 1998.
IXYS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Strong expertise in power semiconductors
- Focus on high-performance applications
- Established relationships with key customers
- Proprietary technology
Bear Case
- Limited scale compared to larger competitors
- Dependence on specific markets
- Potential for technological obsolescence
- Lower profit margin compared to peers
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
IXYS Latest News
No recent news available for IXYS.
IXYS Corporation Technology Stock: Key Questions Answered
What happened to IXYS Corporation (IXYS) stock?
IXYS Corporation (IXYS) no longer trades on public markets. It was delisted in January 2018. The figures below are historical and are not a current quote.
Can I still buy IXYS shares?
No. IXYS stopped trading on public markets in January 2018, so the shares are not available through a broker. Anything you see quoted for IXYS elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before IXYS stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to IXYS Corporation. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does IXYS Corporation do?
IXYS Corporation designs, develops, and manufactures power semiconductors and integrated circuits. These components are essential for controlling and converting electrical energy efficiently. The company's products are used in a wide range of applications, including power supplies, motor drives, renewable energy systems, and electric vehicles. IXYS focuses on high-performance, niche markets where its technology can provide a competitive advantage.
What do analysts say about IXYS stock?
Analyst coverage of IXYS is limited, but key metrics suggest a mixed outlook. The company's P/E ratio of 34.06 indicates that the stock may be trading at a premium compared to its earnings. However, potential growth catalysts, such as the increasing adoption of electric vehicles and renewable energy systems, could drive future earnings growth.
What are the main risks for IXYS?
IXYS faces several risks, including intense competition in the semiconductor industry, fluctuations in global economic conditions, and the potential for technological obsolescence. The company's smaller scale compared to larger competitors could limit its ability to invest in research and development and compete on price. Additionally, IXYS's dependence on specific markets makes it vulnerable to downturns in those sectors. Investors should carefully consider these risks before investing in IXYS.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- AI analysis is pending and may provide additional insights.