IQE (LON:IQE) Stock Price Down 7.1% – Here’s Why

Posted by Brenda Bartman on Jul 15th, 2026

IQE plc (LON:IQE – Get Free Report) dropped 7.1% on Wednesday . The company traded as low as GBX 38.25 and last traded at GBX 38.50. 44,352,688 shares traded hands during trading, an increase of 29% from the average daily volume of 34,371,977 shares. The stock had previously closed at GBX 41.45.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 60 price target on shares of IQE in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, IQE has an average rating of “Buy” and an average target price of GBX 60.

Get Our Latest Stock Analysis on IQE

IQE Stock Performance

The stock has a market capitalization of £512.45 million, a P/E ratio of -10.21, a price-to-earnings-growth ratio of 12.70 and a beta of 2.24. The company has a current ratio of 0.76, a quick ratio of 0.97 and a debt-to-equity ratio of 102.23. The company has a 50-day moving average price of GBX 46.72 and a two-hundred day moving average price of GBX 29.93.

IQE (LON:IQE – Get Free Report) last released its earnings results on Thursday, May 28th. The company reported GBX (2.82) EPS for the quarter. The business had revenue of GBX 9,730 million for the quarter. IQE had a negative return on equity of 37.49% and a negative net margin of 37.71%. On average, equities analysts forecast that IQE plc will post 0.37 earnings per share for the current year.