Analysts from Jefferies Financial wrote in a research report that this year, the price of European semiconductor stocks will mainly depend on investor confidence in the revenue and profit growth prospects for 2026. They pointed out that the demand in major end markets such as personal computers, Smart Phones, Servers, Consumer Electronics, and the internet remains weak. The analyst said, "We believe that most European semiconductor stocks have largely priced in the weaker-than-expected outlook for 2025." They noted that 2026 is more important for the Industry.