Sectors & Industries TechnologySemiconductor Equipment & Materials
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 &...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
PLAB	PHOTRONICS INC	NASDAQ	Semiconductor Equipment & Materials	$1.04B	$16.58	1.53%	$250.56M	9.21x	0.28
VECO	VEECO INSTRUMENTS INC	NASDAQ	Semiconductor Equipment & Materials	$1.09B	$21.13	0.86%	$88.14M	6.31x	0.95
KLAC	KLA CORP	NASDAQ	Semiconductor Equipment & Materials	$55.28B	$399.17	0.79%	$4.64B	16.32x	4.27
AEHR	AEHR TEST SYSTEMS	NASDAQ	Semiconductor Equipment & Materials	$861.10M	$31.02	-16.66%	$12.36M	67.43x	0.19
KLIC	KULICKE & SOFFA INDUSTRIES INC	NASDAQ	Semiconductor Equipment & Materials	$2.99B	$52.69	1.33%	$365.56M	9.89x	0.32
ACMR	ACM RESEARCH INC	NASDAQ	Semiconductor Equipment & Materials	$698.53M	$11.70	-0.43%	$63.08M	17.73x	0.63
AZTA	AZENTA INC	NASDAQ	Semiconductor Equipment & Materials	$3.08B	$44.62	3.84%	$2.14B	1.61x	0.15
NVMI	NOVA LTD	NASDAQ	Semiconductor Equipment & Materials	$3.00B	$104.47	1.30%	$173.06M	21.36x	0.68
LRCX	LAM RESEARCH CORP	NASDAQ	Semiconductor Equipment & Materials	$71.53B	$530.12	-0.23%	$6.13B	14.21x	1.31
AMAT	APPLIED MATERIALS INC	NASDAQ	Semiconductor Equipment & Materials	$103.81B	$122.83	0.59%	$8.33B	16.38x	1.08
ASYS	AMTECH SYSTEMS INC	NASDAQ	Semiconductor Equipment & Materials	$133.78M	$9.54	3.70%	$15.05M	9.73x	0.35
TER	TERADYNE INC	NASDAQ	Semiconductor Equipment & Materials	$16.78B	$107.51	-0.08%	$954.78M	23.79x	0.43
ACLS	AXCELIS TECHNOLOGIES INC	NASDAQ	Semiconductor Equipment & Materials	$4.36B	$133.25	-0.14%	$222.07M	24.05x	0.52
CAMT	CAMTEK LTD	NASDAQ	Semiconductor Equipment & Materials	$1.26B	$28.35	2.13%	$85.59M	15.66x	0.76
TRT	TRIO-TECH INTERNATIONAL	NYSEMKT	Semiconductor Equipment & Materials	$19.16M	$4.70	3.94%	$6.74M	9.40x	0.55
DQ	DAQO NEW ENERGY CORP	NYSE	Semiconductor Equipment & Materials	$3.54B	$46.84	0.39%	$2.38B	N/A	0.20
AXTI	AXT INC	NASDAQ	Semiconductor Equipment & Materials	$173.40M	$3.98	2.05%	$27.19M	10.76x	0.36
ASML	ASML HOLDING NV	NASDAQ	Semiconductor Equipment & Materials	$268.60B	$680.71	0.60%	$7.77B	44.77x	3.12
OLED	UNIVERSAL DISPLAY CORP	NASDAQ	Semiconductor Equipment & Materials	$7.33B	$155.13	1.60%	$310.50M	35.18x	0.20
COHU	COHU INC	NASDAQ	Semiconductor Equipment & Materials	$1.82B	$38.39	2.65%	$178.97M	19.10x	0.32
ENTG	ENTEGRIS INC	NASDAQ	Semiconductor Equipment & Materials	$12.25B	$82.01	0.43%	$739.07M	55.79x	2.15
ICHR	ICHOR HOLDINGS LTD	NASDAQ	Semiconductor Equipment & Materials	$949.63M	$32.74	4.73%	$121.49M	12.89x	0.85
ATOM	ATOMERA INC	NASDAQ	Semiconductor Equipment & Materials	$152.71M	$6.37	3.75%	-$15.68M	-8.49x	0.32
INDI	INDIE SEMICONDUCTOR INC	NASDAQ	Semiconductor Equipment & Materials	$1.69B	$10.55	-0.66%	-$25.98M	-28.51x	0.92
UCTT	ULTRA CLEAN HOLDINGS INC	NASDAQ	Semiconductor Equipment & Materials	$1.49B	$33.16	2.57%	$180.60M	37.26x	1.15
IPGP	IPG PHOTONICS CORP	NASDAQ	Semiconductor Equipment & Materials	$5.87B	$123.31	1.68%	$260.44M	56.82x	0.15
TGAN	TRANSPHORM INC	NASDAQ	Semiconductor Equipment & Materials	$227.50M	$3.99	7.55%	-$24.71M	-8.31x	0.75
AMBA	AMBARELLA INC	NASDAQ	Semiconductor Equipment & Materials	$3.06B	$77.42	1.06%	-$51.00M	-45.54x	0.17
EMAN	EMAGIN CORP	NYSEMKT	Semiconductor Equipment & Materials	$171.51M	$2.08	-5.02%	$2.75M	-208.00x	2.07
ADEA	ADEIA INC	NASDAQ	Semiconductor Equipment & Materials	$932.34M	$8.86	3.20%	-$118.78M	-3.12x	3.02

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.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.