VAT Group posts CHF 697 million orders: VAT Group stock is valued at CHF 18.2 billion

Published on 10/18/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales reached CHF 376.40 million on October 15, 2026. VAT Group stock had CHF 18.2 billion market value on October 16, 2026.

Growth and valuation markers

VAT Group reported CHF 696.60 million in Q3 order intake on October 15, 2026.
Q3 net sales reached CHF 376.40 million, up 45.90 percent year on year.
VAT Group had a CHF 18.2 billion market capitalization as of October 16, 2026.
Full-year 2026 results are scheduled for March 2, 2027.

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VAT Group reported record third-quarter order intake of CHF 696.60 million on October 15, 2026, while sales rose 45.90 percent year on year to CHF 376.40 million, according to VAT Group. The figures point to a sharp expansion in demand for vacuum equipment used in advanced semiconductor production.

Three milestones from 2026

On July 22, 2026, VAT Group reported first-half order intake of CHF 856.00 million, up 75.00 percent year on year, and first-half sales of CHF 511.89 million, according to VAT Group. On October 7, 2026, the company scheduled its third-quarter trading update conference for October 15, 2026 at 10:00 a.m. CEST, as stated by EQS. On October 15, 2026, the Q3 update delivered CHF 696.60 million in orders, the highest quarterly level in the reported figures.

What does the backlog mean for sales?

The order backlog reached CHF 979.50 million in the third quarter, up 278.50 percent from Q3 2025, while the book-to-bill ratio stood at 1.90. VAT expects fourth-quarter sales of CHF 420.00 million to CHF 450.00 million and a book-to-bill ratio above one, according to VAT Group. That combination gives investors a measurable test for converting orders into recognized revenue.

Analyst caution meets strong orders

Jefferies analyst Om Bakhda cut the price target from CHF 646.00 to CHF 622.00 and kept a Hold rating, according to Trading-Treff. The target reduction contrasts with VAT's Q3 order intake increase of 193.00 percent year on year and shows that valuation remains a separate issue from operating momentum.

Upcoming reporting dates

VAT Group's next two scheduled reporting dates are March 2, 2027 for Q4 and full-year 2026 results and April 15, 2027 for the first-quarter 2027 trading update, according to the company's Q3 release.

Market value and SIX reference

The last quoted SIX price was CHF 608.80 on October 16, 2026 at 5:31 p.m. CEST. VAT Group had a market capitalization of CHF 18.2 billion and a 52-week range of CHF 305.10 to CHF 727.20 as of October 16, 2026. The business outlook is therefore being weighed against both a record backlog and a wide valuation range.

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