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Best Semiconductor Equipment Stocks to Buy Now (2024)
Top semiconductor equipment stocks in 2024 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
ACLS
AXCELIS TECHNOLOGIES INC
NASDAQ
Semiconductor Equipment & Materials
$3.16B$96.98-3.73%$297.12M13.25x0.38
AEHR
AEHR TEST SYSTEMS
NASDAQ
Semiconductor Equipment & Materials
$392.18M$13.52-3.43%$13.82M11.76x0.15
ONTO
ONTO INNOVATION INC
NYSE
Semiconductor Equipment & Materials
$8.76B$177.30-5.52%$247.58M52.77x0.10
ASML
ASML HOLDING NV
NASDAQ
Semiconductor Equipment & Materials
$296.00B$752.79-5.38%$9.56B40.43x1.77
PLAB
PHOTRONICS INC
NASDAQ
Semiconductor Equipment & Materials
$1.39B$22.00-3.85%$294.01M9.52x0.22
LRCX
LAM RESEARCH CORP
NASDAQ
Semiconductor Equipment & Materials
$95.31B$733.83-2.92%$4.72B25.19x1.20
AMAT
APPLIED MATERIALS INC
NASDAQ
Semiconductor Equipment & Materials
$144.06B$174.75-3.05%$9.08B19.48x0.79
CAMT
CAMTEK LTD
NASDAQ
Semiconductor Equipment & Materials
$3.53B$77.88-6.07%N/A36.74x0.68
ACMR
ACM RESEARCH INC
NASDAQ
Semiconductor Equipment & Materials
$977.67M$15.65-5.32%$125.03M11.18x0.80
NVMI
NOVA LTD
NASDAQ
Semiconductor Equipment & Materials
$5.73B$197.20-1.32%$193.89M37.21x0.48
KLAC
KLA CORP
NASDAQ
Semiconductor Equipment & Materials
$94.47B$702.80-3.47%$3.90B34.43x3.58
IPGP
IPG PHOTONICS CORP
NASDAQ
Semiconductor Equipment & Materials
$2.78B$62.84-4.12%$182.48M20.81x0.11
TER
TERADYNE INC
NASDAQ
Semiconductor Equipment & Materials
$19.82B$121.45-3.69%$694.76M37.95x0.33
VECO
VEECO INSTRUMENTS INC
NASDAQ
Semiconductor Equipment & Materials
$1.68B$29.67-5.51%$123.28M19.52x0.73
AMKR
AMKOR TECHNOLOGY INC
NASDAQ
Semiconductor Equipment & Materials
$7.02B$28.51-3.58%$1.14B18.76x0.69
ENTG
ENTEGRIS INC
NASDAQ
Semiconductor Equipment & Materials
$16.17B$107.11-2.78%$812.12M87.08x1.38
INTT
INTEST CORP
NYSEMKT
Semiconductor Equipment & Materials
$80.23M$6.41-1.38%$11.23M16.44x0.61
TRT
TRIO-TECH INTERNATIONAL
NYSEMKT
Semiconductor Equipment & Materials
$24.10M$5.670.00%$6.47M23.63x0.37
KLIC
KULICKE & SOFFA INDUSTRIES INC
NASDAQ
Semiconductor Equipment & Materials
$2.10B$38.57-3.02%-$11.40M-37.09x0.29
INDI
INDIE SEMICONDUCTOR INC
NASDAQ
Semiconductor Equipment & Materials
$692.93M$3.51-8.59%-$37.64M-7.02x0.63
DQ
DAQO NEW ENERGY CORP
NYSE
Semiconductor Equipment & Materials
$1.00B$15.19-1.04%N/AN/A0.17
AMBA
AMBARELLA INC
NASDAQ
Semiconductor Equipment & Materials
$2.15B$52.05-3.77%-$125.37M-12.02x0.19
ATOM
ATOMERA INC
NASDAQ
Semiconductor Equipment & Materials
$70.62M$2.54-1.55%-$17.21M-3.48x0.25
AXTI
AXT INC
NASDAQ
Semiconductor Equipment & Materials
$103.20M$2.32-2.11%-$2.18M-7.48x0.43
ICHR
ICHOR HOLDINGS LTD
NASDAQ
Semiconductor Equipment & Materials
$919.00M$27.28-4.08%$14.12M-22.55x0.36
UCTT
ULTRA CLEAN HOLDINGS INC
NASDAQ
Semiconductor Equipment & Materials
$1.48B$32.94-3.49%$128.10M-173.37x1.19
COHU
COHU INC
NASDAQ
Semiconductor Equipment & Materials
$1.13B$24.18-3.32%$33.77M-39.00x0.16
ASYS
AMTECH SYSTEMS INC
NASDAQ
Semiconductor Equipment & Materials
$87.45M$6.15-2.23%-$14.21M-4.36x0.56
SMTK
SMARTKEM INC
NASDAQ
Semiconductor Equipment & Materials
$12.06M$6.8926.42%-$8.78M-1.78x0.54

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in Sep 2024?

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

1. Axcelis Technologies (NASDAQ:ACLS)


Axcelis Technologies (NASDAQ:ACLS) is the top semiconductor equipment stock with a Zen Score of 60, which is 22 points higher than the semiconductor equipment industry average of 38. It passed 19 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -49.24% over the past year, underperforming other semiconductor equipment stocks by -56 percentage points.

Axcelis Technologies has an average 1 year price target of $169.80, an upside of 75.09% from Axcelis Technologies's current stock price of $96.98.

Axcelis Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Axcelis Technologies, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Aehr Test Systems (NASDAQ:AEHR)


Aehr Test Systems (NASDAQ:AEHR) is the second best semiconductor equipment stock with a Zen Score of 58, which is 20 points higher than the semiconductor equipment industry average of 38. It passed 19 out of 33 due diligence checks and has strong fundamentals. Aehr Test Systems has seen its stock lose -74.4% over the past year, underperforming other semiconductor equipment stocks by -81 percentage points.

Aehr Test Systems has an average 1 year price target of $12.00, a downside of -11.24% from Aehr Test Systems's current stock price of $13.52.

Aehr Test Systems stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Aehr Test Systems, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Asml Holding Nv (NASDAQ:ASML)


Asml Holding Nv (NASDAQ:ASML) is the third best semiconductor equipment stock with a Zen Score of 54, which is 16 points higher than the semiconductor equipment industry average of 38. It passed 22 out of 38 due diligence checks and has strong fundamentals. Asml Holding Nv has seen its stock return 13.02% over the past year, overperforming other semiconductor equipment stocks by 6 percentage points.

Asml Holding Nv has an average 1 year price target of $1,184.75, an upside of 57.38% from Asml Holding Nv's current stock price of $752.79.

Asml Holding Nv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Asml Holding Nv, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the semiconductor equipment stocks with highest dividends?

Out of 9 semiconductor equipment stocks that have issued dividends in the past year, the 3 semiconductor equipment stocks with the highest dividend yields are:

1. Kulicke & Soffa Industries (NASDAQ:KLIC)


Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 2.05%, which is 1 percentage points higher than the semiconductor equipment industry average of 1.03%. 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 -76% indicates that its dividend yield might not be sustainable for the long-term.

2. Camtek (NASDAQ:CAMT)


Camtek (NASDAQ:CAMT) has an annual dividend yield of 1.71%, which is 1 percentage points higher than the semiconductor equipment industry average of 1.03%. Camtek's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Camtek's dividend has shown consistent growth over the last 10 years.

Camtek's dividend payout ratio of 62.7% indicates that its dividend yield is sustainable for the long-term.

3. Amkor Technology (NASDAQ:AMKR)


Amkor Technology (NASDAQ:AMKR) has an annual dividend yield of 1.1%, which is the same as the semiconductor equipment industry average of 1.03%.

Amkor Technology's dividend payout ratio of 20.5% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks down?

Semiconductor equipment stocks were down -3.77% in the last day, and down -13.18% over the last week. Camtek was the among the top losers in the semiconductor equipment & materials industry, dropping -6.07% yesterday.

Shares of semiconductor, hardware and AI-linked companies are trading lower as the sector continues to pull back. Chip stocks may also be down in sympathy with Broadcom, which fell after reporting earnings.

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. Axcelis Technologies (NASDAQ:ACLS)


Axcelis Technologies (NASDAQ:ACLS) is the most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Axcelis Technologies has a valuation score of 71, which is 43 points higher than the semiconductor equipment industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -49.24% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -56 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 71, which is 43 points higher than the semiconductor equipment industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Photronics's stock has gained 0.41% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -7 percentage points.

3. Intest (NYSEMKT:INTT)


Intest (NYSEMKT:INTT) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Intest has a valuation score of 71, which is 43 points higher than the semiconductor equipment industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Intest's stock has dropped -62.78% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -70 percentage points.

Are semiconductor equipment stocks a good buy now?

48% of semiconductor equipment stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor equipment stocks to rise by 41.56% 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 32.7x.
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.