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
TER	TERADYNE INC	NASDAQ	Semiconductor Equipment & Materials	$16.00B	$103.22	0.12%	$871.35M	25.42x	0.38
PLAB	PHOTRONICS INC	NASDAQ	Semiconductor Equipment & Materials	$1.36B	$21.78	1.82%	$250.56M	12.10x	0.28
AEHR	AEHR TEST SYSTEMS	NASDAQ	Semiconductor Equipment & Materials	$1.17B	$41.36	7.34%	$13.95M	78.04x	0.23
ACMR	ACM RESEARCH INC	NASDAQ	Semiconductor Equipment & Materials	$596.35M	$9.96	-0.50%	$83.84M	11.32x	0.69
KLIC	KULICKE & SOFFA INDUSTRIES INC	NASDAQ	Semiconductor Equipment & Materials	$3.03B	$53.56	0.85%	$257.70M	14.44x	0.29
VECO	VEECO INSTRUMENTS INC	NASDAQ	Semiconductor Equipment & Materials	$1.30B	$25.08	0.93%	$83.45M	7.72x	0.99
ASML	ASML HOLDING NV	NASDAQ	Semiconductor Equipment & Materials	$285.94B	$724.65	-0.29%	$9.54B	37.96x	2.59
NVMI	NOVA LTD	NASDAQ	Semiconductor Equipment & Materials	$3.22B	$111.91	0.88%	$175.34M	22.79x	0.63
AMAT	APPLIED MATERIALS INC	NASDAQ	Semiconductor Equipment & Materials	$113.06B	$134.63	-0.15%	$8.26B	17.67x	1.06
OLED	UNIVERSAL DISPLAY CORP	NASDAQ	Semiconductor Equipment & Materials	$7.01B	$148.18	0.36%	$291.63M	35.37x	0.18
ENTG	ENTEGRIS INC	NASDAQ	Semiconductor Equipment & Materials	$16.22B	$108.39	-1.33%	$667.86M	3,613.00x	2.18
KLAC	KLA CORP	NASDAQ	Semiconductor Equipment & Materials	$62.85B	$458.06	1.22%	$4.64B	18.58x	4.10
ACLS	AXCELIS TECHNOLOGIES INC	NASDAQ	Semiconductor Equipment & Materials	$5.31B	$162.36	0.17%	$229.17M	28.24x	0.54
LRCX	LAM RESEARCH CORP	NASDAQ	Semiconductor Equipment & Materials	$82.44B	$613.67	-1.00%	$5.95B	17.05x	1.29
TRT	TRIO-TECH INTERNATIONAL	NYSEMKT	Semiconductor Equipment & Materials	$19.75M	$4.82	-2.53%	$7.47M	8.93x	0.49
IPGP	IPG PHOTONICS CORP	NASDAQ	Semiconductor Equipment & Materials	$5.33B	$112.61	1.98%	$237.80M	54.40x	0.14
DQ	DAQO NEW ENERGY CORP	NYSE	Semiconductor Equipment & Materials	$3.00B	$38.36	2.59%	$2.17B	N/A	0.24
ASYS	AMTECH SYSTEMS INC	NASDAQ	Semiconductor Equipment & Materials	$130.21M	$9.27	4.51%	$14.04M	8.66x	0.51
CAMT	CAMTEK LTD	NASDAQ	Semiconductor Equipment & Materials	$1.27B	$28.56	-1.42%	N/A	15.78x	0.69
TGAN	TRANSPHORM INC	NASDAQ	Semiconductor Equipment & Materials	$234.34M	$4.11	7.59%	-$24.71M	-8.56x	0.75
INDI	INDIE SEMICONDUCTOR INC	NASDAQ	Semiconductor Equipment & Materials	$1.56B	$9.66	2.88%	-$109.86M	-9.66x	1.20
COHU	COHU INC	NASDAQ	Semiconductor Equipment & Materials	$1.83B	$38.49	0.84%	$172.56M	20.26x	0.27
ICHR	ICHOR HOLDINGS LTD	NASDAQ	Semiconductor Equipment & Materials	$916.13M	$31.53	2.97%	$114.29M	13.95x	0.75
UCTT	ULTRA CLEAN HOLDINGS INC	NASDAQ	Semiconductor Equipment & Materials	$1.54B	$34.40	1.81%	$146.40M	191.11x	1.08
AXTI	AXT INC	NASDAQ	Semiconductor Equipment & Materials	$151.68M	$3.48	2.96%	$20.32M	15.82x	0.36
AMBA	AMBARELLA INC	NASDAQ	Semiconductor Equipment & Materials	$3.03B	$76.54	1.74%	-$51.00M	-45.02x	0.17
AZTA	AZENTA INC	NASDAQ	Semiconductor Equipment & Materials	$2.88B	$44.21	1.56%	$27.27M	-70.17x	0.12
ATOM	ATOMERA INC	NASDAQ	Semiconductor Equipment & Materials	$211.16M	$8.65	-0.57%	-$16.66M	-10.95x	0.34
ADEA	ADEIA INC	NASDAQ	Semiconductor Equipment & Materials	$1.12B	$10.57	7.31%	-$119.23M	-3.78x	2.58
EMAN	EMAGIN CORP	NYSEMKT	Semiconductor Equipment & Materials	$166.91M	$2.01	-0.99%	$268.00k	-67.00x	2.23

Semiconductor Equipment Stocks FAQ

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

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

1. Teradyne (NASDAQ:TER)

Teradyne (NASDAQ:TER) is the top semiconductor equipment stock with a Zen Score of 62, which is 19 points higher than the semiconductor equipment industry average of 43. It passed 23 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock lose -6.66% over the past year, underperforming other semiconductor equipment stocks by -22 percentage points.

Teradyne has an average 1 year price target of $100.88, a downside of -2.27% from Teradyne's current stock price of $103.22.

Teradyne stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Teradyne, 37.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.

2. Photronics (NASDAQ:PLAB)

Photronics (NASDAQ:PLAB) is the second best semiconductor equipment stock with a Zen Score of 61, which is 18 points higher than the semiconductor equipment industry average of 43. It passed 19 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock lose -3.59% over the past year, underperforming other semiconductor equipment stocks by -18 percentage points.

Photronics has an average 1 year price target of $21.00, a downside of -3.58% from Photronics's current stock price of $21.78.

Photronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Photronics, 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. Aehr Test Systems (NASDAQ:AEHR)

Aehr Test Systems (NASDAQ:AEHR) is the third best semiconductor equipment stock with a Zen Score of 59, which is 16 points higher than the semiconductor equipment industry average of 43. It passed 19 out of 33 due diligence checks and has strong fundamentals. Aehr Test Systems has seen its stock return 333.09% over the past year, overperforming other semiconductor equipment stocks by 318 percentage points.

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. Kulicke & Soffa Industries (NASDAQ:KLIC)

Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.34%, which is the same as the semiconductor equipment industry average of 0.87%. 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 19.4% indicates that its dividend yield is sustainable for the long-term.

2. Kla (NASDAQ:KLAC)

Kla (NASDAQ:KLAC) has an annual dividend yield of 1.14%, which is the same as the semiconductor equipment industry average of 0.87%. Kla's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kla's dividend has shown consistent growth over the last 10 years.

Kla's dividend payout ratio of 20.1% 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 1.09%, which is the same as the semiconductor equipment industry average of 0.87%. 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 18.5% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks up?

Semiconductor equipment stocks were up 0.3% in the last day, and down -0.96% 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. Photronics (NASDAQ:PLAB)

Photronics (NASDAQ:PLAB) is the most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Photronics has a valuation score of 100, which is 49 points higher than the semiconductor equipment industry average of 51. It passed 7 out of 7 valuation due diligence checks.

Photronics's stock has dropped -3.59% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -18 percentage points.

2. Camtek (NASDAQ:CAMT)

Camtek (NASDAQ:CAMT) is the second most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Camtek has a valuation score of 86, which is 35 points higher than the semiconductor equipment industry average of 51. It passed 6 out of 7 valuation due diligence checks.

Camtek's stock has dropped -5.99% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -21 percentage points.

3. Veeco Instruments (NASDAQ:VECO)

Veeco Instruments (NASDAQ:VECO) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Veeco Instruments has a valuation score of 86, which is 35 points higher than the semiconductor equipment industry average of 51. It passed 6 out of 7 valuation due diligence checks.

Veeco Instruments's stock has gained 12.47% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -2 percentage points.

Are semiconductor equipment stocks a good buy now?

57.69% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to rise by 0.71% 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 121x.

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.