Besi stock: JPMorgan cuts target for Besi stock from EUR 342.00 to EUR 275.00

Published on 10/23/2026 at 15:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The 52-week range is EUR 120.15 to EUR 328.40. Besi stock costs EUR 145.70 on October 23, 2026, down 7.34 percent versus the Xetra close.

Analyst view and price data

The target fell from EUR 342.00 to EUR 275.00 on October 19, 2026.
Besi's market capitalization was EUR 11.5 billion on October 23, 2026.
Besi stock costs EUR 145.70 at Lang & Schwarz on October 23, 2026 at 3:35 p.m. CEST, 7.34 percent below the Xetra close of October 22, 2026.

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Besi (NL0012866412) saw JPMorgan Research cut its price target from EUR 342.00 to EUR 275.00 on October 19, 2026, while keeping its Overweight rating, as De Aandeelhouder reported. The revised target is 88.74 percent above the EUR 145.70 price. At Lang & Schwarz, Besi was trading at EUR 145.70 on October 23, 2026 at 3:35 p.m. CEST, down 7.34 percent versus the Xetra close of October 22, 2026 at EUR 157.25.

JPMorgan sees a slower adoption path

JPMorgan Research linked its lower target to concerns about the pace of hybrid-bonding adoption. The bank nevertheless kept its Overweight rating and said Besi's competitive position was unchanged, according to the October 19 report carried by De Aandeelhouder.

Stock stays above EUR 120.15

The current euro price sits within Besi's 52-week range of EUR 120.15 to EUR 328.40 as of October 23, 2026. That places the stock 21.27 percent above its yearly low and 55.64 percent below its yearly high. Trading volume stood at 463,176 shares, while the market capitalization was EUR 11.5 billion.

Valuation and company dates

Besi's price-to-earnings ratio was 56.13 on October 23, 2026. The company published its third-quarter and nine-month results on October 22, 2026, according to MarketScreener. Besi is listed on Euronext Amsterdam under the symbol BESI, and its investor-relations page describes the company as a supplier of semiconductor assembly equipment.

What does the target cut mean?

The lower target sets a sharper valuation hurdle for the stock, even though the new level remains well above the current euro quotation. For investors, the key numerical contrast is the 88.74 percent gap between EUR 145.70 and the EUR 275.00 target, alongside the 56.13 price-to-earnings ratio.

Price position for Besi

The price was 7.34 percent below the Xetra close of October 22, 2026. The 52-week range and market capitalization place the quotation in a still substantial valuation band, while JPMorgan's target change provides the clearest dated analyst reference.

The further course of trading is shown by the continuously updated real-time quote of Besi stock.