ams-OSRAM stock trades at CHF 20.26 after AI photonics push
Published on 09/29/2026 at 06:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ams-OSRAM stock was last at CHF 20.26 on the SIX Swiss Exchange on September 28, 2026 at 5:30 p.m. CEST, up 0.80 percent from the prior session. The move follows a technology push into AI photonics and a higher analyst target for the semiconductor and optical-sensor group.
AI photonics adds a new growth angle
On September 21, 2026, ams OSRAM presented a thin-film VCSEL platform for AI scale-up networks and a connectorized multi-core fiber solution developed with BizLink.
The company reported error-free operation at 32 Gb/s and energy efficiency of 0.25 pJ per bit in the September 21 release. More than 2,000 hours of reliability testing were also reported, giving the announcement measurable technical substance beyond a broad AI narrative.
Q2 revenue rose to EUR 805 million
The latest reported quarter provides the financial baseline. In Q2 2026, revenue reached EUR 805 million, while adjusted EBITDA was EUR 170 million and the adjusted EBITDA margin was close to 17 percent, according to the Yahoo Finance transcript of the August 4, 2026 call.
Revenue increased 4 percent year over year and 9 percent on a like-for-like basis at constant currencies. The comparison matters because adjusted EBITDA declined year over year even as revenue grew, with foreign exchange and portfolio changes weighing on profitability.
Jefferies lifts target to CHF 25.50
Jefferies raised its price target from CHF 21.00 to CHF 25.50 and kept its Buy rating on September 23, 2026, finanzen.ch reported. The new target is CHF 5.24 above the September 28 last price, a 25.87 percent difference based on the two stated values.
The stock's CHF 6.85 to CHF 23.98 52-week range leaves the latest quote CHF 3.72 below the high. For investors, the central tension is clear: AI photonics and design wins support the growth case, while the Q2 loss of EUR 122 million and negative operating cash flow of EUR 77 million show why execution and cash conversion remain important.
Stock remains below its yearly high
ams-OSRAM stock had a market capitalization of CHF 2.0 billion as of September 28, 2026, with volume of 484,228 shares in the quoted session. Its last SIX price was CHF 20.26, dated September 28, 2026.
ams-OSRAM stock facts
- Company: ams-OSRAM AG
- Ticker: AMS
- Trading venue: SIX Swiss Exchange
- Price (as of September 28, 2026, 5:30 p.m. CEST): CHF 20.26
- Market capitalization: CHF 2.0 billion (as of September 28, 2026)
- 52-week range: CHF 6.85-23.98 (as of September 28, 2026)
- Sector / Industry: Technology / Semiconductors
