Melexis stock: Degroof Petercam keeps EUR 56.00 target for Melexis stock
Published on 10/16/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Degroof Petercam kept its EUR 56.00 target for Melexis on October 16, 2026.
- Melexis is scheduled to report third-quarter results on October 28, 2026.
- Melexis stock costs EUR 57.75 at Lang & Schwarz on October 16, 2026 at 5:41 p.m. CEST, plus 1.76 percent versus the Euronext Brussels close of October 15, 2026.
- Melexis has a P/E ratio of 22.45 and a dividend yield of 6.00 percent as of October 16, 2026.
Degroof Petercam raised its rating on Melexis from Reduce to Hold while keeping its EUR 56.00 price target on October 16, 2026, according to ABM Financial News. The price lies 3.13 percent above that target. Melexis was trading at EUR 57.75 at Lang & Schwarz on October 16, 2026 at 5:41 p.m. CEST, plus 1.76 percent versus the Euronext Brussels close of October 15, 2026 at EUR 56.75.
October 28 results date
Melexis is scheduled to publish its third-quarter results on October 28, 2026, with the date listed by Yahoo Finance. That date gives the analyst target a near-term checkpoint, because the next report can provide a fresh test of demand for automotive sensor chips.
Price position in the range
At EUR 57.75, the stock stood EUR 9.15, or 18.83 percent, above its 52-week low of EUR 48.60 and EUR 28.95, or 33.39 percent, below its 52-week high of EUR 86.70 as of October 15, 2026. The price therefore remained nearer the bottom than the top of its annual range, while the October 16 move placed it above the prior Euronext Brussels close.
Valuation and payout
Melexis had a market capitalization of EUR 2.3 billion, a trailing P/E ratio of 22.45 and a dividend yield of 6.00 percent on October 16, 2026. Those figures put the target discussion alongside a measurable valuation and income profile rather than a price move alone. The company designs and sells semiconductor devices primarily for automotive applications.
Comparison with peers
Melexis: plus 1.76 percent, P/E 22.45, market capitalization EUR 2.3 billion
X-FAB Silicon Foundries SE (Euronext Paris, EUR): minus 0.18 percent, P/E 153.74, market capitalization EUR 721.7 million
Infineon Technologies AG (Xetra, EUR): minus 0.23 percent, P/E 56.92, market capitalization EUR 68.2 billion
Trading after the Xetra close
The euro quote was above the Euronext Brussels close after the Xetra session had ended, while the analyst target remained below the market price. The next dated checkpoint is the third-quarter report on October 28, 2026.
The stock was trading at EUR 57.75 at Lang & Schwarz on October 16, 2026 at 5:41 p.m. CEST, plus 1.76 percent versus the Euronext Brussels close of October 15, 2026 (EUR 56.75). The further course of trading is shown by the continuously updated real-time quote of Melexis stock.
Melexis market data
- Company: Melexis N.V.
- ISIN: BE0165385973
- Ticker: MELE
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz (as of October 16, 2026, 5:41 p.m. CEST): EUR 57.75
- Change versus Euronext Brussels close: plus 1.76 percent
- Euronext Brussels close (October 15, 2026): EUR 56.75
- Market capitalization: EUR 2.3 billion (as of October 16, 2026)
- 52-week range: EUR 48.60-86.70 (as of October 15, 2026)
- P/E ratio: 22.45 (as of October 16, 2026)
- Dividend yield: 6.00 percent (as of October 16, 2026)
- Sector / Industry: Technology / Semiconductors
- Next earnings date: October 28, 2026
Market context: Market report Euro Stoxx 50.
