Melexis NV
MELE: XBRU (BEL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Pm | LOCK|%#>!P | LOCK|hVHVMZ> |
Melexis Earnings: Design Wins Remain Strong Despite Cycle Trough; Upside Requires Patience
Melexis reported sales of EUR 215 million in the third quarter, in line with guidance, and expects to close 2025 with an overall sales decline of 10% due to the ongoing automotive chip correction.
