AMS Osram stock reports 4 percent Q2 revenue growth

Published on 10/05/2026 at 21:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMS Osram stock generated EUR 805 million in Q2 2026 revenue with a 16.9 percent adjusted EBITDA margin. Its CHF 24.76 quote sits 2.90 percent below the yearly high.

AMS Osram, AT0000A3EPA4, Illustration mit AI erstellt.

AMS Osram (ISIN AT0000A3EPA4) generated EUR 805 million in second-quarter 2026 revenue, up 4 percent year over year. The results keep the company’s operating progress at the center of the stock story, while a planned debt transaction adds a separate balance-sheet test.

Q2 revenue rises to EUR 805 million

According to Yahoo Finance on August 4, 2026, revenue reached EUR 805 million in Q2 2026, with like-for-like growth of 9 percent at constant currencies. The semiconductor core business expanded 13 percent year over year on the same basis, giving the quarter a stronger operational profile than the headline group figure alone suggests.

Stock-World reported that adjusted EBITDA margin reached 16.9 percent in Q2 2026, equivalent to adjusted EBITDA of EUR 136 million. Management’s Q3 outlook calls for revenue of EUR 770 million to EUR 870 million and an adjusted EBITDA margin of 16.0 percent plus or minus 1.5 percentage points.

Debt offer sets the next checkpoint

The company plans to repurchase up to EUR 143 million of outstanding convertible bonds. As Stock-World reported on October 1, 2026, the offer period is scheduled to start October 15, 2026, and end November 16, 2026.

The transaction gives investors a concrete capital-structure checkpoint, but the maximum amount depends on the completion of the CMOS image-sensor business sale. The same report states that the ceiling would fall to EUR 118 million if that transaction is not completed by November 16, 2026.

Analyst target meets a higher bar

Jefferies kept its Buy rating and raised its price target from CHF 21.00 to CHF 25.50 on September 23, 2026. According to FinanzNachrichten, the analyst cited the company’s VCSEL micro-emitter technology and optical connectivity opportunity.

At CHF 24.76, the price target lies 2.99 percent above the October 5, 2026 quote. The limited gap places greater weight on execution, especially the conversion of photonics development wins into recurring commercial revenue.

Stock stays near its yearly high

AMS Osram was last at CHF 24.76 on the SIX Swiss Exchange on October 5, 2026 at 5:30 p.m. CEST, down CHF 0.06 or 0.24 percent from the prior close. The price was 2.90 percent below the 52-week high of CHF 25.50.