Analyst Price Target is $81.75
▼ -23.49% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Melexis in the last 3 months. The average price target is $81.75, with a high forecast of $90.00 and a low forecast of $67.00. The average price target represents a -23.49% upside from the last price of $106.85.
Current Consensus is
The current consensus among 5 investment analysts is to hold stock in Melexis. This rating has held steady since January 2022, when it changed from a Buy consensus rating.
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN/CAN system basis, NFC/RFID, radio-frequency receiver and transmitter, and switch controller ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.