Melexis stock gains 2.72 percent as analysts see 9.9 percent upside

Melexis NV (ISIN BE0165385973) closed at EUR 69.85 on Euronext Brussels on September 22, 2026, up 2.72 percent, or EUR 1.85, from the previous close. The move made the Belgian automotive semiconductor maker one of the strongest performers in the BEL 20 session, according to Investing.com on September 22, 2026.

Analysts see EUR 73 target

The latest analyst overview lists an average price target of EUR 73.00 for Melexis, 9.9 percent above the EUR 66.40 reference price shown in the overview. The average recommendation is Hold, with neutral ratings forming the largest group among 14 analysts, according to Trivano on September 22, 2026.

The comparison is important because the current closing price is EUR 3.15 below that average target, while the analyst consensus remains Hold rather than Buy. That gap leaves the valuation debate tied to earnings delivery and the pace of automotive semiconductor demand rather than to a broad change in recommendation.

Automotive chips drive the case

Melexis designs, develops, tests and markets integrated semiconductor devices used primarily in automotive electronics across Europe, the Middle East, Africa, Asia Pacific, and North and Latin America. About EUR 848.9 million of the business was attributed to integrated circuits, while the company had a market value near EUR 2.7 billion, according to Simply Wall St on September 22, 2026.

The numerical contrast between EUR 848.9 million in integrated-circuit revenue and the roughly EUR 2.7 billion market value shows why investors are weighing operating scale against the share price. The September 22 gain adds market support, but the Hold average and the 9.9 percent target gap point to a measured rather than unanimous view.

Melexis stock closes at EUR 69.85

Melexis stock ended September 22, 2026, at EUR 69.85 on Euronext Brussels, after rising EUR 1.85, or 2.72 percent, during the session. The closing level remains the central market reference for the analyst target of EUR 73.00 and the current valuation discussion.

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