AMS Osram stock gains as Jefferies raises its target
Published on 09/23/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AMS Osram stock (ISIN AT0000A18XM4) traded at CHF 23.08 on the SIX Swiss Exchange on September 23, 2026, up 10.09 percent in the available intraday quote. The move followed a target increase from Jefferies, while second-quarter revenue and adjusted EBITDA provided operating support.
Jefferies lifts target to CHF 25.50
According to MarketScreener on September 23, 2026, Jefferies kept its Buy recommendation and raised the price target from CHF 21.00 to CHF 25.50. The increase of CHF 4.50 equals 21.43 percent and gives the analyst view a concrete benchmark against the quoted price.
Zonebourse reported on September 23, 2026 that the broker linked its positive view to a new VCSEL micro-emitter solution for wide-and-slow optical connections used in scale-up interconnects. The product angle connects the target revision with the companys photonics strategy rather than with a purely technical share-price signal.
Second-quarter figures add support
In the second quarter of 2026, AMS Osram generated EUR 805 million in revenue, up 4 percent on a comparable basis, according to the reported company results dated September 23, 2026. Adjusted EBITDA reached a margin of 16.9 percent in the same quarter, placing profitability at the upper end of the companys guidance.
The semiconductor core portfolio grew 13 percent year over year in the second quarter of 2026. Design wins worth more than EUR 1.6 billion during the quarter brought the acquisition volume for the first half of 2026 to roughly EUR 2.5 billion, making the photonics opportunity visible in both operating growth and booked business.
Stock approaches the yearly high
AMS Osram stock reached CHF 23.08 on September 23, 2026, while a dated market report placed the May yearly high at CHF 23.82. The quoted level was therefore CHF 0.74, or 3.11 percent, below that reference. The same report described an intraday gain of 8 percent to CHF 23.04 before the later quote.
The market is weighing two different signals: Jefferies raised its target by CHF 4.50, while the share price was already close to the reported yearly high. That leaves the operating evidence, especially the 16.9 percent adjusted EBITDA margin and 13 percent core semiconductor growth in the second quarter of 2026, as the main factual test for the valuation.
CHF 23.08 on September 23
On September 23, 2026, AMS Osram stock traded at CHF 23.08 on the SIX Swiss Exchange, with a daily change of 10.09 percent in the available intraday quote. The price was below the reported CHF 23.82 yearly high and above the September 21 closing price of CHF 21.12.
AMS Osram stock data
- Company: ams-OSRAM AG
- ISIN: AT0000A18XM4
- Ticker: AMS
- Trading venue: SIX Swiss Exchange
- Price as of September 23, 2026: CHF 23.08
- Sector / Industry: Semiconductors
