Melexis expands buyback and Melexis stock gains 2.01 percent

Published on 10/02/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein keeps a EUR 97.00 target and Buy rating on September 7, 2026. Melexis stock costs EUR 69.65 versus EUR 68.28, plus 2.01 percent.

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Melexis expands its share buyback while Melexis stock was trading at EUR 69.65 at Lang & Schwarz on October 2, 2026 at 3:39 p.m. CEST, up 2.01 percent from the EUR 68.28 prior close. TipRanks reported on September 14, 2026, that the company repurchased 3,408 shares on Euronext Brussels between September 7 and September 11 at an average price of EUR 64.57.

Buyback adds to capital allocation

The transaction had a total value of EUR 220,058, according to TipRanks. The same update said Melexis had acquired 239,018 shares under the current authorization for up to 850,000 shares, while total treasury shares reached 1,070,509.

That makes the buyback a measurable capital-allocation action rather than a broad policy statement. The average repurchase price of EUR 64.57 stood EUR 5.08 below the Lang & Schwarz price of EUR 69.65 on October 2, 2026.

Second-quarter revenue rose 3.00 percent

Yahoo Finance reported second-quarter 2026 revenue of EUR 217.06 million and earnings of EUR 30.78 million. Revenue was 3.00 percent higher year over year, while the profit figure was paired with earnings per share of EUR 0.76.

The operating picture was more mixed. Investing.com said second-quarter operating margin reached 17.80 percent and that Melexis set third-quarter revenue guidance at EUR 220.00 million to EUR 225.00 million.

Bernstein sees EUR 97.00 target

The Globe and Mail reported on September 8, 2026, that Bernstein analyst Aleksander Peterc maintained a Buy rating and a EUR 97.00 price target in a report released September 7. The target lies 39.24 percent above the Lang & Schwarz price, using both values in euros.

The next scheduled earnings report is October 28, 2026, according to Yahoo Finance. That date gives the buyback, third-quarter guidance and recent revenue trend a defined checkpoint for the next company update.

Stock gains in active trading

Melexis stock was trading at EUR 69.65 at Lang & Schwarz on October 2, 2026 at 3:39 p.m. CEST, compared with the EUR 68.28 prior close. The EUR 48.60 to EUR 86.70 52-week range and EUR 2.7 billion market capitalization were shown for the Brussels-listed semiconductor company on October 2, 2026.

The further course of trading is shown by the continuously updated real-time quote of Melexis stock.