BE Semiconductor Industries N.V. of Duiven is a company we like to follow. Moreover, this is appreciated by our readers. As far as we are concerned, Besi is a promising stock with high volatility. This makes the share attractive to follow.
This Thursday morning, October 23, Besi came out with its third-quarter figures. Time for an update.
Our most recent article on Besi is from August 14, 2025. You can find this article Here. This way you are fully informed .
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How are Besi's third-quarter results?
Besi's results for the third quarter of 2025 are generally mixed and received slightly positive feedback on the stock market.
In summary, it is positive that the order amount showed an increase of 36.5% compared to the previous quarter and an increase of 15.1% compared to the same quarter in 2024. Moreover, gross margin was higher than expected at 62.2%. Management has a positive outlook for the fourth quarter of 2025 and expects a 15-25% increase in sales, driven by high order intake.
Less good news regarding sales. It fell 10.4% from Q2 2025 and was down 15.3% from Q3 2024. The net profit margin is also sharply lower compared to last year. This is partly attributed to the decline of the US Dollar against the Euro and weakness in the automotive market, which is important to Besi.
The fact that the order intake is rising sharply is an important positive signal. It means that customers are investing in advanced packaging / data center applications in which Besi is strong. Moreover, we believe that quarterly figures fluctuate strongly for a company like Besi and therefore it is better to judge on half-year figures .
What is Besi's analyst expectation?
What is our expectation for Besi's share price?
Below is Besi's price chart as of 2021.
We intentionally present you with a larger timeframe. This is because of the high volatility in the stock, which may cause you to judge too micro and lose sight of the big picture.
The rise from April 2025 from the €80 level gives our algorithm confidence that there is more in store than the €142 indicated by the banks.
This morning Besi was trading energetically at €151 after the figures but this did not prove sustainable for long. In the short term we can expect a slight correction to €135 but the price is expected to then test the top level of €166.
In the most likely scenario, Besi will then experience a correction of 10 to 12%. This ahead of the ride to our price target at €200.
Conclusion:
Quarterly figures are mixed and slightly positive. We previously gave you the buy consideration at €95 and €125 with initial price target €145.
Besi is now at our previously set price target of €145 and may go through a slight correction in the short term.Given the strength of the company within a promising sector, a price correction gives reason to consider or expand a buy position. This possibility occurs around €135 .
Although the recent quarterly figures provide mainly short-term direction and may lead to some pullback, the long-term price target remains unchanged at €200. Moreover, a closing price above €170 would signal further expansion of the buy position.
With a closing below €100, the positive scenario expires for the time being because then the price enters a risk zone where it can still go much lower. So there are still opportunities in Besi.Keep in mind, however, that there will be high volatility.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.