AMS Osram stock gains on Q2 revenue of EUR 805 million

Published on 09/19/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMS Osram stock closed at EUR 18.15 on September 18, 2026, after a 2.6 percent intraday rise. Q2 2026 revenue reached EUR 805 million and adjusted EBITDA margin was 16.9 percent.

Techniker im Reinraum prüft optischen Sensorwafer in moderner Halbleiterfertigung — ams-OSRAM AG (ISIN AT0000A18XM4) betreibt moderne Halbleiter-Reinraumfertigung mit präzisen optischen Sensorwafern und hochtechnisierten Anlagen, Illustration mit AI erstellt.

AMS Osram stock (AT0000A18XM4) closed at EUR 18.15 on September 18, 2026, after trading as high as EUR 18.05 during the session. The move followed a Q2 2026 update that showed EUR 805 million in revenue and a 16.9 percent adjusted EBITDA margin.

Q2 numbers still matter

According to Ad-hoc-News on September 19, 2026, ams-OSRAM reported second-quarter 2026 revenue of EUR 805 million, up 3.9 percent year on year, with an adjusted EBITDA margin of 16.9 percent. The same report said the company secured design wins worth EUR 1.6 billion in the second quarter and EUR 2.5 billion in the first half of 2026.

The company also set third-quarter 2026 guidance at EUR 770 million to EUR 870 million for revenue and about 16.0 percent plus or minus 1.5 percentage points for adjusted EBITDA margin, according to the same Ad-hoc-News report. That puts the next quarter in a wider range than the second-quarter outcome, which is the detail investors are likely to watch first.

Deutsche Bank lifts target

According to Ad-hoc-News on September 19, 2026, Deutsche Bank Research raised its price target on AMS Osram to CHF 19 from CHF 16 and kept a Hold rating. That is a 18.8 percent increase in the target, while the stock was still quoted below that level in Zurich trading.

For investors, the combination of EUR 2.5 billion in first-half 2026 design wins and a third-quarter revenue guide of EUR 770 million to EUR 870 million is the key counterbalance to the margin path. The stock also stayed close to its recent range, with the session high at EUR 18.05 and the close at EUR 18.15 on September 18, 2026.

Price and range

AMS Osram stock finished September 18, 2026 at EUR 18.15, up 2.6 percent intraday from the session low to the reported close. That leaves the share price within a narrow band around the latest Q2 update and the new CHF 19 target from Deutsche Bank Research.