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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
ACLS
AXCELIS TECHNOLOGIES INC
United States
$3.69B32,532,49891.25%8.21%Net SellingNet Selling
ACMR
ACM RESEARCH INC
United States
$1.52B62,008,58852.32%25.06%Net BuyingNet Buying
PLAB
PHOTRONICS INC
United States
$1.81B63,353,71485.27%13.75%Net SellingNet Selling
AEHR
AEHR TEST SYSTEMS
United States
$333.68M28,914,72963.59%15.41%Net SellingNet Buying
TER
TERADYNE INC
United States
$20.53B156,111,88598.95%1.05%Net SellingNet Selling
ASML
ASML HOLDING NV
Netherlands
$361.75B393,400,00019.51%0.00%
AMAT
APPLIED MATERIALS INC
United States
$177.84B830,897,35676.92%2.85%Net SellingNet Selling
LRCX
LAM RESEARCH CORP
United States
$123.28B130,741,00082.71%1.12%Net SellingNet Selling
CAMT
CAMTEK LTD
Israel
$4.41B45,143,34741.81%0.00%
ENTG
ENTEGRIS INC
United States
$19.69B150,791,47780.21%19.79%Net SellingNet Selling
IPGP
IPG PHOTONICS CORP
United States
$4.04B45,568,19726.56%73.44%Net SellingNet Selling
NVMI
NOVA LTD
Israel
$5.65B29,030,00075.53%7.78%
KLAC
KLA CORP
United States
$100.91B134,639,95186.17%5.80%Net SellingNet Selling
DQ
DAQO NEW ENERGY CORP
China
$1.24B328,521,7809.78%0.00%
AMKR
AMKOR TECHNOLOGY INC
United States
$8.11B246,170,2516.28%93.72%Net SellingNet Selling
ONTO
ONTO INNOVATION INC
United States
$11.04B49,275,85274.17%25.83%Net SellingNet Selling
TRT
TRIO-TECH INTERNATIONAL
United States
$27.50M4,250,30515.46%58.59%Net BuyingNet Buying
INDI
INDIE SEMICONDUCTOR INC
United States
$1.14B186,762,53174.29%13.02%Net SellingNet Selling
KLIC
KULICKE & SOFFA INDUSTRIES INC
Singapore
$2.66B55,463,68284.28%15.72%Net SellingNet Buying
INTT
INTEST CORP
United States
$127.14M12,489,64254.36%45.64%Net SellingNet Selling
AMBA
AMBARELLA INC
United States
$1.96B40,962,19169.50%30.50%Net SellingNet Selling
AXTI
AXT INC
United States
$152.29M44,398,84357.27%9.71%
ICHR
ICHOR HOLDINGS LTD
United States
$1.28B33,475,16267.38%32.62%Net SellingNet Selling
TGAN
TRANSPHORM INC
United States
$309.37M63,266,18046.59%53.41%Net BuyingNet Selling
ATOM
ATOMERA INC
United States
$122.07M26,887,37130.25%7.16%Net SellingNet Selling
ASYS
AMTECH SYSTEMS INC
United States
$74.88M14,208,79543.98%56.02%Net BuyingNet Buying
VECO
VEECO INSTRUMENTS INC
United States
$2.27B56,637,66291.63%8.37%Net SellingNet Selling
COHU
COHU INC
United States
$1.40B47,085,87389.30%6.48%Net SellingNet Selling
UCTT
ULTRA CLEAN HOLDINGS INC
United States
$1.99B44,905,93366.70%33.30%Net SellingNet Selling

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in May 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 24 points higher than the semiconductor equipment industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -12.58% over the past year, underperforming other semiconductor equipment stocks by -63 percentage points.

Axcelis Technologies has an average 1 year price target of $151.67, an upside of 33.54% from Axcelis Technologies's current stock price of $113.57.

Axcelis Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Axcelis Technologies, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Acm Research (NASDAQ:ACMR)


Acm Research (NASDAQ:ACMR) is the second best semiconductor equipment stock with a Zen Score of 59, which is 23 points higher than the semiconductor equipment industry average of 36. It passed 19 out of 33 due diligence checks and has strong fundamentals. Acm Research has seen its stock return 152.47% over the past year, overperforming other semiconductor equipment stocks by 102 percentage points.

Acm Research has an average 1 year price target of $32.00, an upside of 30.67% from Acm Research's current stock price of $24.49.

Acm Research stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Acm Research, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the third best semiconductor equipment stock with a Zen Score of 56, which is 20 points higher than the semiconductor equipment industry average of 36. It passed 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 72.35% over the past year, overperforming other semiconductor equipment stocks by 22 percentage points.

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 1.63%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.83%. 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 -65.5% 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 1.36%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.83%. 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 69.6% 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 0.93%, which is the same as the semiconductor equipment industry average of 0.83%.

Amkor Technology's dividend payout ratio of 20.3% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks down?

Semiconductor equipment stocks were down -1.47% in the last day, and up 3.02% over the last week.

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

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 100, which is 72 points higher than the semiconductor equipment industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -12.58% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -63 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 86, which is 58 points higher than the semiconductor equipment industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 72.35% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 22 percentage points.

3. Aehr Test Systems (NASDAQ:AEHR)


Aehr Test Systems (NASDAQ:AEHR) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Aehr Test Systems 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.

Aehr Test Systems's stock has dropped -60.23% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -111 percentage points.

Are semiconductor equipment stocks a good buy now?

54.17% of semiconductor equipment stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor equipment stocks to rise by 7.93% 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 37.76x.
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