Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from ams-OSRAM ( (CH:AMS) ) is now available.
Ams-OSRAM reported fourth-quarter 2025 revenue of EUR 874 million and an adjusted EBITDA margin of 18.4%, exceeding the midpoint of guidance and generating EUR 144 million in comparable free cash flow. The company achieved about 8% underlying growth in its core semiconductor business at constant exchange rates, improved profitability, and cut net debt to EUR 1,078 million, while its earlier ‘Re-establish the Base’ savings program reached EUR 220 million in annual savings a year ahead of schedule.
For full-year 2025, revenue reached EUR 3.323 billion with an adjusted EBITDA margin of 18.3%, supported by more than EUR 5 billion in semiconductor design wins and 7% growth in the core semiconductor portfolio. Strategically, ams-OSRAM is sharpening its focus on Digital Photonics with divestments, a EUR 200 million partial buyback of its 2027 convertible bond, a sale of its non-optical sensor business to Infineon, and the launch of a new ‘Simplify’ transformation program targeting an additional EUR 200 million in annual savings by 2028 and impacting around 2,000 jobs.
The transactions and savings measures are expected to reduce pro-forma leverage to 2.5 times and support new 2030 financial targets, including mid to high single-digit revenue CAGR and at least 25% adjusted EBITDA margin in semiconductors, plus group free cash flow above EUR 200 million and leverage below 2. For 2026, management flags a moderate revenue decline and pressure on adjusted EBITDA from divestment-related one-offs, residual overheads, and higher precious metal costs, indicating a transitional year as the company reshapes its portfolio and cost base.
The most recent analyst rating on (CH:AMS) stock is a Buy with a CHF13.20 price target. To see the full list of analyst forecasts on ams-OSRAM stock, see the CH:AMS Stock Forecast page.
More about ams-OSRAM
Ams-OSRAM AG is a European semiconductor specialist focused on intelligent optical emitters and sensor technologies for applications in digital photonics. The group targets automotive lighting, AR smart glasses, biosensing, robotics, and optical data links in AI data centers, positioning itself as a leading provider in this fast-growing niche.
Average Trading Volume: 589,159
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF814.6M
For a thorough assessment of AMS stock, go to TipRanks’ Stock Analysis page.