Degroof Petercam upgrades Melexis stock to Hold at EUR 56.00 target
Published on 10/22/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and quarterly results
- On October 18, 2026, Degroof Petercam raised its Melexis recommendation to Hold while keeping its EUR 56.00 target.
- Second-quarter 2026 revenue reached EUR 217.06 million, while net income was EUR 30.78 million.
- Melexis stock trades at EUR 57.15 at 9:41 a.m. CEST at Lang & Schwarz on October 22, 2026, 1.87 percent above the Xetra close of October 21, 2026.
Melexis (ISIN BE0165385973) stock was quoted at EUR 57.15 at Lang & Schwarz on October 22, 2026 at 9:41 a.m. CEST, 1.87 percent above the Xetra close. On October 18, 2026, Degroof Petercam raised its recommendation from Reduce to Hold while keeping its EUR 56.00 price target, as MarketScreener reported.
Second-quarter figures set the baseline
The latest reported operating picture came from the second quarter of 2026. Melexis generated revenue of EUR 217.06 million, compared with a consensus estimate of EUR 210.24 million, while adjusted earnings per share reached EUR 0.76 against EUR 0.71 expected, according to TradingView. The revenue beat was EUR 6.82 million, or 3.25 percent, based on the same figures.
Three dates explain the latest picture
On July 29, 2026, Melexis reported second-quarter revenue of EUR 217.06 million and net income of EUR 30.78 million, figures summarized by Investing.com. On October 15, 2026, the company paid an interim dividend of EUR 1.30. On October 18, 2026, Degroof Petercam moved its rating from Reduce to Hold and retained the EUR 56.00 target.
What does the EUR 56.00 target imply?
The target is below the Lang & Schwarz quote of EUR 57.15, putting the analyst view below the current German-market indication even after the recommendation upgrade. The next substantiated date is October 28, 2026, when Melexis is scheduled to publish third-quarter results, according to Investing.com.
Stock remains below its yearly high
Melexis stock was trading at EUR 57.15 at Lang & Schwarz on October 22, 2026 at 9:41 a.m. CEST, 1.87 percent above the Xetra close of October 21, 2026 at EUR 56.10. The 52-week range was EUR 48.60 to EUR 86.70 as of October 21, 2026.
The further course of trading is shown by the continuously updated real-time quote of Melexis stock.
Melexis stock facts
- Company: Melexis N.V.
- ISIN: BE0165385973
- Ticker: MELE
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz (as of October 22, 2026, 9:41 a.m. CEST): EUR 57.15
- Change versus Xetra close: plus 1.87 percent
- Xetra close (October 21, 2026): EUR 56.10
- 52-week range: EUR 48.60-EUR 86.70 (as of October 21, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report Euro Stoxx 50.
