Bernstein keeps Buy rating for Melexis stock with EUR 97 target

Published on 10/01/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein kept Buy and a EUR 97.00 target on September 29, 2026. Melexis stock costs EUR 68.18 after EUR 68.83, minus 0.94 percent.

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Melexis (ISIN BE0165385973) was at EUR 68.18 at Lang & Schwarz on October 1, 2026 at 5:01 p.m. CEST, down 0.94 percent from the prior close of EUR 68.83. In a report cited by The Globe and Mail on September 29, 2026, Bernstein analyst Aleksander Peterc maintained a Buy rating and a EUR 97.00 price target for Melexis.

Bernstein target leaves a wide gap

The EUR 97.00 target stands EUR 28.82 above the Lang & Schwarz price, equivalent to 42.27 percent above the reference price. Bernstein's view therefore provides a clear valuation contrast with the current euro quote, while the daily move remains limited at minus 0.94 percent.

The same The Globe and Mail report said Melexis carried a Moderate Buy consensus with an average price target of EUR 83.60. That average target is EUR 15.42 above the Lang & Schwarz price, or 22.62 percent above it.

Second-quarter sales rose 3.00 percent

According to Investing.com, Melexis generated EUR 217.06 million of revenue in the second quarter of 2026, up 3.00 percent from the prior-year quarter. Net income reached EUR 30.78 million in the same period, down 19.00 percent year over year, while earnings per share came to EUR 0.76.

The quarterly mix matters for the outlook. Investing.com reported third-quarter 2026 revenue guidance of EUR 220.00 million to EUR 225.00 million, compared with EUR 217.06 million in the second quarter. The midpoint of that range is EUR 222.50 million, EUR 5.44 million above second-quarter revenue.

Stock stays below the yearly high

Melexis traded within a 52-week range of EUR 48.60 to EUR 86.70 on September 30, 2026, according to the quoted Brussels market data on Investing.com. The Lang & Schwarz price of EUR 68.18 stood EUR 18.52 below that high, a distance of 21.36 percent.

Price and next date

Melexis was trading at EUR 68.18 at Lang & Schwarz on October 1, 2026 at 5:01 p.m. CEST, down 0.94 percent versus the Lang & Schwarz prior close of EUR 68.83 on September 30, 2026. Investing.com lists October 28, 2026 as the next earnings date. The further course of trading is shown by the continuously updated real-time quote of Melexis stock.