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Best Semiconductor Equipment Stocks to Buy Now (2023)
Top semiconductor equipment stocks in 2023 ranked by overall Zen Score. See the best semiconductor equipment stocks to buy now, according to analyst forecasts for the semiconductor equipment & materials industry.

Industry: Semiconductor Equipment &...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PLAB
PHOTRONICS INC
NASDAQ
Semiconductor Equipment & Materials
$1.04B$16.581.53%$250.56M9.21x0.28
VECO
VEECO INSTRUMENTS INC
NASDAQ
Semiconductor Equipment & Materials
$1.09B$21.130.86%$88.14M6.31x0.95
KLAC
KLA CORP
NASDAQ
Semiconductor Equipment & Materials
$55.28B$399.170.79%$4.64B16.32x4.27
AEHR
AEHR TEST SYSTEMS
NASDAQ
Semiconductor Equipment & Materials
$861.10M$31.02-16.66%$12.36M67.43x0.19
KLIC
KULICKE & SOFFA INDUSTRIES INC
NASDAQ
Semiconductor Equipment & Materials
$2.99B$52.691.33%$365.56M9.89x0.32
ACMR
ACM RESEARCH INC
NASDAQ
Semiconductor Equipment & Materials
$698.53M$11.70-0.43%$63.08M17.73x0.63
AZTA
AZENTA INC
NASDAQ
Semiconductor Equipment & Materials
$3.08B$44.623.84%$2.14B1.61x0.15
NVMI
NOVA LTD
NASDAQ
Semiconductor Equipment & Materials
$3.00B$104.471.30%$173.06M21.36x0.68
LRCX
LAM RESEARCH CORP
NASDAQ
Semiconductor Equipment & Materials
$71.53B$530.12-0.23%$6.13B14.21x1.31
AMAT
APPLIED MATERIALS INC
NASDAQ
Semiconductor Equipment & Materials
$103.81B$122.830.59%$8.33B16.38x1.08
ASYS
AMTECH SYSTEMS INC
NASDAQ
Semiconductor Equipment & Materials
$133.78M$9.543.70%$15.05M9.73x0.35
TER
TERADYNE INC
NASDAQ
Semiconductor Equipment & Materials
$16.78B$107.51-0.08%$954.78M23.79x0.43
ACLS
AXCELIS TECHNOLOGIES INC
NASDAQ
Semiconductor Equipment & Materials
$4.36B$133.25-0.14%$222.07M24.05x0.52
CAMT
CAMTEK LTD
NASDAQ
Semiconductor Equipment & Materials
$1.26B$28.352.13%$85.59M15.66x0.76
TRT
TRIO-TECH INTERNATIONAL
NYSEMKT
Semiconductor Equipment & Materials
$19.16M$4.703.94%$6.74M9.40x0.55
DQ
DAQO NEW ENERGY CORP
NYSE
Semiconductor Equipment & Materials
$3.54B$46.840.39%$2.38BN/A0.20
AXTI
AXT INC
NASDAQ
Semiconductor Equipment & Materials
$173.40M$3.982.05%$27.19M10.76x0.36
ASML
ASML HOLDING NV
NASDAQ
Semiconductor Equipment & Materials
$268.60B$680.710.60%$7.77B44.77x3.12
OLED
UNIVERSAL DISPLAY CORP
NASDAQ
Semiconductor Equipment & Materials
$7.33B$155.131.60%$310.50M35.18x0.20
COHU
COHU INC
NASDAQ
Semiconductor Equipment & Materials
$1.82B$38.392.65%$178.97M19.10x0.32
ENTG
ENTEGRIS INC
NASDAQ
Semiconductor Equipment & Materials
$12.25B$82.010.43%$739.07M55.79x2.15
ICHR
ICHOR HOLDINGS LTD
NASDAQ
Semiconductor Equipment & Materials
$949.63M$32.744.73%$121.49M12.89x0.85
ATOM
ATOMERA INC
NASDAQ
Semiconductor Equipment & Materials
$152.71M$6.373.75%-$15.68M-8.49x0.32
INDI
INDIE SEMICONDUCTOR INC
NASDAQ
Semiconductor Equipment & Materials
$1.69B$10.55-0.66%-$25.98M-28.51x0.92
UCTT
ULTRA CLEAN HOLDINGS INC
NASDAQ
Semiconductor Equipment & Materials
$1.49B$33.162.57%$180.60M37.26x1.15
IPGP
IPG PHOTONICS CORP
NASDAQ
Semiconductor Equipment & Materials
$5.87B$123.311.68%$260.44M56.82x0.15
TGAN
TRANSPHORM INC
NASDAQ
Semiconductor Equipment & Materials
$227.50M$3.997.55%-$24.71M-8.31x0.75
AMBA
AMBARELLA INC
NASDAQ
Semiconductor Equipment & Materials
$3.06B$77.421.06%-$51.00M-45.54x0.17
EMAN
EMAGIN CORP
NYSEMKT
Semiconductor Equipment & Materials
$171.51M$2.08-5.02%$2.75M-208.00x2.07
ADEA
ADEIA INC
NASDAQ
Semiconductor Equipment & Materials
$932.34M$8.863.20%-$118.78M-3.12x3.02

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in Apr 2023?

According to Zen Score, the 3 best semiconductor material stocks to buy right now are:

1. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the top semiconductor equipment stock with a Zen Score of 61, which is 20 points higher than the semiconductor equipment industry average of 41. It passed 19 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock lose -2.3% over the past year.

2. Veeco Instruments (NASDAQ:VECO)


Veeco Instruments (NASDAQ:VECO) is the second best semiconductor equipment stock with a Zen Score of 57, which is 16 points higher than the semiconductor equipment industry average of 41. It passed 18 out of 33 due diligence checks and has strong fundamentals. Veeco Instruments has seen its stock lose -22.29% over the past year, underperforming other semiconductor equipment stocks by -20 percentage points.

Veeco Instruments has an average 1 year price target of $21.00, a downside of -0.62% from Veeco Instruments's current stock price of $21.13.

Veeco Instruments stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Veeco Instruments, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Kla (NASDAQ:KLAC)


Kla (NASDAQ:KLAC) is the third best semiconductor equipment stock with a Zen Score of 56, which is 15 points higher than the semiconductor equipment industry average of 41. It passed 21 out of 38 due diligence checks and has strong fundamentals. Kla has seen its stock return 9.04% over the past year, overperforming other semiconductor equipment stocks by 11 percentage points.

Kla has an average 1 year price target of $430.00, an upside of 7.72% from Kla's current stock price of $399.17.

Kla stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Kla, 58.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

What are the semiconductor equipment stocks with highest dividends?

Out of 8 semiconductor equipment stocks that have issued dividends in the past year, the 3 semiconductor equipment stocks with the highest dividend yields are:

1. Asml Holding Nv (NASDAQ:ASML)


Asml Holding Nv (NASDAQ:ASML) has an annual dividend yield of 1.76%, which is 1 percentage points higher than the semiconductor equipment industry average of 1.1%. Asml Holding Nv's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Asml Holding Nv's dividend has shown consistent growth over the last 10 years.

Asml Holding Nv's dividend payout ratio of 78.8% indicates that its dividend yield is sustainable for the long-term.

2. Kulicke & Soffa Industries (NASDAQ:KLIC)


Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.37%, which is the same as the semiconductor equipment industry average of 1.1%. Kulicke & Soffa Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kulicke & Soffa Industries's dividend has shown consistent growth over the last 10 years.

Kulicke & Soffa Industries's dividend payout ratio of 13.1% indicates that its dividend yield is sustainable for the long-term.

3. Lam Research (NASDAQ:LRCX)


Lam Research (NASDAQ:LRCX) has an annual dividend yield of 1.26%, which is the same as the semiconductor equipment industry average of 1.1%. Lam Research's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lam Research's dividend has shown consistent growth over the last 10 years.

Lam Research's dividend payout ratio of 17.3% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks up?

Semiconductor equipment stocks were up 0.52% in the last day, and up 4.31% over the last week.

We couldn't find a catalyst for why semiconductor equipment stocks are up.

What are the most undervalued semiconductor equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued semiconductor equipment stocks right now are:

1. Acm Research (NASDAQ:ACMR)


Acm Research (NASDAQ:ACMR) is the most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Acm Research has a valuation score of 100, which is 50 points higher than the semiconductor equipment industry average of 50. It passed 7 out of 7 valuation due diligence checks.

Acm Research's stock has dropped -43.45% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -41 percentage points.

2. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the second most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Photronics has a valuation score of 100, which is 50 points higher than the semiconductor equipment industry average of 50. It passed 7 out of 7 valuation due diligence checks.

Photronics's stock has dropped -2.3% in the past year. It has performed in line with other stocks in the semiconductor equipment industry.

3. Azenta (NASDAQ:AZTA)


Azenta (NASDAQ:AZTA) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Azenta has a valuation score of 86, which is 36 points higher than the semiconductor equipment industry average of 50. It passed 6 out of 7 valuation due diligence checks.

Azenta's stock has dropped -46.16% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -44 percentage points.

Are semiconductor equipment stocks a good buy now?

48% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to rise by 5.11% over the next year.

What is the average p/e ratio of the semiconductor equipment & materials industry?

The average P/E ratio of the semiconductor equipment & materials industry is 30.48x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.