Melexis stock reports buyback progress as Q2 revenue rises

Published on 09/28/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Melexis stock stood at EUR 66.80 on September 25, while Q2 revenue reached EUR 217.06 million. A buyback update adds a capital return signal.

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 (ISIN BE0165385973) stock stood at EUR 66.80 on Euronext Brussels on September 25, 2026, unchanged from the prior close. The latest company update shows 14,519 shares bought between September 14 and September 18, giving investors a concrete measure of the ongoing capital return program.

Buyback adds a measurable signal

As Yahoo Finance reported on September 21, 2026, Melexis purchased 14,519 shares at an average price of EUR 64.29 during the five-session period. The purchases totaled EUR 933,447, and the program allowed for up to 850,000 shares.

The buyback therefore operated below the September 25 share price by EUR 2.51 per share on an average-cost basis. That comparison frames the program as a steady capital allocation measure rather than a short-term trading event.

Q2 revenue rises 3 percent

For Q2 2026, revenue reached EUR 217.06 million and increased 3 percent year over year, while net income came to EUR 30.78 million. Folivue also reported adjusted earnings per share of EUR 0.76 against a consensus figure of EUR 0.71 for the quarter.

The same Q2 2026 summary put gross margin at 40.5 percent and operating margin at 17.8 percent. Melexis guided for Q3 revenue of EUR 220 million to EUR 225 million, setting a quantified checkpoint for the next report.

Analyst target stays above price

Bernstein maintained a Buy rating on Melexis with a EUR 97.00 price target, according to The Globe and Mail. The target stands EUR 30.20 above the September 25 price, a 45.21 percent difference.

Stock remains below yearly high

Melexis stock was EUR 19.90 below its 52-week high of EUR 86.70 and EUR 18.20 above its 52-week low of EUR 48.60 on September 25, 2026. Market capitalization stood at EUR 2.7 billion, while reported volume was 28,300 shares.