mwb research keeps EUR 180 target for Elmos stock

Published on 10/12/2026 at 09:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit EUR 314.50 million in the first half at a 24.10 percent margin. Elmos stock costs EUR 145.50 on October 12, 2026 versus EUR 146.20.

Key points in brief

mwb research confirmed a EUR 180.00 target and Buy rating for Elmos on October 8, 2026.
First-half 2026 revenue reached EUR 314.50 million, with a 24.10 percent operating EBIT margin.
Elmos stock was at EUR 145.50 at Lang & Schwarz on October 12, 2026, below the October 9 Xetra reference of EUR 146.20.
Elmos has secured additional Dortmund wafer capacity through at least 2028.
The next quarterly report is scheduled for November 10, 2026.

Draufsicht: Automotive-Chips, Siliziumwafer, Aktien-Zertifikat und ISIN-Karte DE0005677108 auf Schieferoberfläche — Elmos Semiconductor Halbleiter-Utensilien Flatlay mit ISIN DE0005677108 Karte und Aktien-Zertifikat auf dunklem Hintergrund, Illustration mit AI erstellt.

Elmos Semiconductor (DE0005677108) was trading at EUR 145.50 at Lang & Schwarz on October 12, 2026 at 9:06 a.m. CEST, down EUR 0.70 or 0.48 percent versus the Xetra close of October 9, 2026 at EUR 146.20. According to Finanznachrichten.de on October 8, 2026, mwb research confirmed a Buy rating and a EUR 180.00 price target for Elmos stock. The target stands EUR 34.50 above the current euro price.

Three dates shape the setup

On September 17, 2026, Elmos secured additional Dortmund wafer capacity through at least 2028, according to EQS Group. On September 21, 2026, mwb research raised its target from EUR 170.00 to EUR 180.00 while keeping its Buy view, as reported by Finanznachrichten.de. On October 8, 2026, the same research house projected third-quarter revenue of EUR 168.00 million and an operating EBIT margin of 25.00 percent.

What does the forecast imply?

The forecast points to a quarter with revenue 3.70 percent above the EUR 162.00 million generated in the second quarter of 2026. The expected 25.00 percent operating EBIT margin would also exceed the 24.10 percent operating EBIT margin reported for the first half of 2026.

The counter-factor is concentrated in Interior Lighting. mwb research said the segment represents 8.00 to 9.00 percent of Elmos revenue and faces aggressive pricing from Melexis, while the broader group retains exposure to ranging, motor control, sensors and software-defined vehicle applications.

Revenue and margin remain central

Elmos reported first-half 2026 revenue of EUR 314.50 million and an operating EBIT margin of 24.10 percent on August 4, 2026. The company also reported an operating adjusted free cash flow margin of 17.70 percent and confirmed its full-year outlook.

Market context remains substantial: the finance snapshot puts Elmos Semiconductor at a market capitalization of EUR 2.5 billion as of October 9, 2026, with a 52-week Xetra range of EUR 77.90 to EUR 206.00. The EUR 145.50 Lang & Schwarz price is 29.37 percent below that high, leaving the analyst target as a separate valuation reference rather than a trading signal.

Next reporting date is November 10

onvista lists November 10, 2026 as the date for Elmos' third-quarter 2026 report. The upcoming release will test whether revenue can reach the EUR 168.00 million research estimate while the operating EBIT margin approaches 25.00 percent.

Stock stays below its yearly high

Elmos was trading at EUR 145.50 at Lang & Schwarz on October 12, 2026 at 9:06 a.m. CEST, down 0.48 percent versus the Xetra close of October 9, 2026 at EUR 146.20. The market capitalization was EUR 2.5 billion as of October 9, 2026.

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