Besi announces EUR 100 million buyback. Besi stock sits 25.82 percent above its 52-week low

Published on 10/23/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 orders reached EUR 342.60 million, up 96.10 percent year over year. Besi stock costs EUR 151.18 on October 23, 2026, 25.82 percent above its EUR 120.15 low.

Buyback, guidance and valuation

Besi announced a EUR 100.0 million buyback on October 22, 2026, after third-quarter orders reached EUR 342.6 million.
JPMorgan cut its target from EUR 342.00 to EUR 275.00 on October 19, 2026.
Besi stock traded at EUR 151.18 at 10:08 a.m. CEST at Lang & Schwarz on October 23, 2026.

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Besi (ISIN NL0012866412) announced a EUR 100 million share buyback on October 22, 2026, due to start on October 27. Besi stock was trading at EUR 151.18 at Lang & Schwarz on October 23, 2026, 25.82 percent above its 52-week low of EUR 120.15.

Orders outpace quarterly revenue

Third-quarter revenue reached EUR 283.40 million, up 113.60 percent from the same period a year earlier, while orders rose 96.10 percent year over year to EUR 342.60 million, according to Yahoo Finance on October 22, 2026. Net income climbed 323.70 percent to EUR 107.20 million, and gross margin reached 65.20 percent.

The order figure exceeded the EUR 298.00 million analyst expectation cited by Yahoo Finance, giving Besi more orders than quarterly revenue. The company expects fourth-quarter revenue to be flat to plus or minus 5.00 percent versus EUR 283.40 million, with gross margin of 63.00 to 65.00 percent.

What does the order intake mean?

The immediate signal is stronger demand, but delivery timing limits the near-term revenue effect. Besi said customer schedules are being aligned with first-half 2027 production plans, while the fourth-quarter revenue midpoint remains EUR 283.40 million. That contrast explains why the order book and the quarterly revenue outlook point in different directions.

Three dates define the sequence

On July 23, 2026, Besi reported EUR 434.70 million of first-half revenue, up 48.80 percent year over year, in its investor-relations release. On October 19, 2026, JPMorgan cut its price target from EUR 342.00 to EUR 275.00 while keeping its Overweight rating, as reported by De Aandeelhouder. On October 22, 2026, Besi reported EUR 342.60 million of third-quarter orders and announced the EUR 100 million buyback.

Next dates are October 26 and 27

The existing EUR 60 million buyback is expected to end on October 26, 2026, and the new EUR 100 million program is scheduled to begin on October 27, 2026, according to Yahoo Finance. Besi had repurchased about 75,000 shares for EUR 15.80 million during the third quarter.

Stock stays above its yearly low

Besi's market capitalization was EUR 11.9 billion as of October 23, 2026, while its 52-week range was EUR 120.15 to EUR 328.40. The semiconductor equipment maker is listed on Euronext Amsterdam under ticker BESI, according to its investor-relations page.

Besi stock was trading at EUR 151.18 at Lang & Schwarz on October 23, 2026 at 10:08 a.m. CEST, 25.82 percent above the 52-week low of EUR 120.15. The further course of trading is shown by the continuously updated real-time quote of Besi stock.