Melexis stock gained 2.06 percent ahead of October earnings

Published on 10/04/2026 at 15:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Melexis stock gained 2.06 percent to EUR 69.50 on October 2, 2026, while Q2 revenue beat forecasts by EUR 8.38 million. The next earnings date is October 28.

Makrofoto eines integrierten Schaltkreises mit feinen Bonddrähten — Makroaufnahme zeigt winzigen integrierten Schaltkreis mit Goldbonddraehten, passend zu Melexis NV, ISIN BE0165385973, im Sensorchip-Segment, Illustration mit AI erstellt.

Melexis stock (ISIN BE0165385973) gained 2.06 percent to EUR 69.50 on Euronext Brussels on October 2, 2026. Investing.com lists October 28, 2026, as the next earnings date, giving the market a defined checkpoint after the latest quarterly figures.

Q2 revenue beat the forecast

For Q2 FY26, Melexis generated EUR 217.06 million in revenue against a EUR 208.68 million estimate, a EUR 8.38 million beat. Yahoo Finance also lists earnings of EUR 30.78 million and diluted EPS of EUR 0.76, compared with an EPS estimate of EUR 0.73.

The revenue beat was accompanied by a 14.18 percent profit margin in the Q2 FY26 data. The combination gives investors two different signals: sales exceeded expectations, while the earnings conversion remains the more important measure for the next reporting date.

Buyback supports capital allocation

Melexis reported the purchase of 9,920 shares between August 31 and September 4, 2026, at an average price of EUR 64.58, according to MarketScreener. The company held 235,610 treasury shares under the current program after those purchases.

Consensus leaves room for debate

The analyst consensus is Neutral across 13 analysts, with four Buy ratings, seven Hold ratings and two Sell ratings. Investing.com puts the average 12-month target at EUR 75.54, with a low of EUR 56.00 and a high of EUR 97.00.

At EUR 69.50, the average target lies 8.69 percent above the October 2 price. That spread is positive but measured, especially because the 52-week range extends from EUR 48.60 to EUR 86.70.

Melexis stock awaits October results

Melexis stock closed at EUR 69.50 on Euronext Brussels on October 2, 2026, with a session range of EUR 68.43 to EUR 70.10 and volume of 29,375 shares. The next earnings report on October 28, 2026, will show whether the Q2 revenue beat can translate into sustained earnings momentum.