Applied Materials raises Besi stake to 20 percent. Besi stock gains 9.76 percent

Published on 10/27/2026 at 15:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Applied Materials targets a 20 percent Besi stake after an accelerated purchase. Besi stock costs EUR 160.63 on October 27, 2026 versus the EUR 146.35 Xetra close.

Besi stock rises as Applied Materials deepens its stake

Applied Materials plans to increase its Besi investment to 20 percent through an accelerated share purchase agreement.
Besi reported third-quarter 2026 revenue of EUR 283.40 million and orders of EUR 342.60 million.
The stock was trading at EUR 160.63 at Lang & Schwarz on October 27, 2026, up 9.76 percent versus the EUR 146.35 Xetra close.

Besi, NL0012866412, Illustration mit AI erstellt.

Besi stock was trading at EUR 160.63 at Lang & Schwarz on October 27, 2026 at 3:09 p.m. CET, up 9.76 percent versus the EUR 146.35 Xetra close of October 26, 2026. The move follows Applied Materials' plan to increase its investment in Besi to 20 percent.

Applied Materials deepens the partnership

According to an October 26, 2026 Applied Materials release, the company entered an accelerated share purchase agreement that would lift its Besi holding to 20 percent. Applied Materials said the transaction is intended to reinforce a long-term collaboration focused on advanced packaging, hybrid bonding and new interconnect architectures for artificial intelligence systems.

Delivery remains subject to the expiration or termination of the waiting period under the Hart-Scott-Rodino antitrust law. Applied Materials also said it does not intend to increase its holding beyond 20 percent or seek a seat on Besi's board.

Orders support the market reaction

Besi's latest operating figures provide a second basis for the market response. In its October 22, 2026 release, Besi reported third-quarter 2026 revenue of EUR 283.40 million, up 113.60 percent from the prior-year quarter. Orders reached EUR 342.60 million, up 96.10 percent year over year, while net income rose to EUR 107.20 million.

The combination of stronger orders and a larger strategic shareholder gives the October 27 move a different character from a purely technical rebound. Besi's fourth-quarter outlook remains measured, with revenue expected to be flat to plus or minus 5.00 percent against the third quarter and gross margin forecast at 63.00 to 65.00 percent.

Price remains below the yearly high

The EUR 160.63 Lang & Schwarz price is above the EUR 120.15 52-week low and below the EUR 328.40 high shown for Besi's Euronext Amsterdam listing. Market capitalization stood at EUR 12.70 billion on October 27, 2026. The current share-price response therefore reflects both the strategic investment announcement and a stock still well below its yearly peak.

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