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 &...

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
AEHR	AEHR TEST SYSTEMS	$928.36M	$32.76	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TER	TERADYNE INC	$16.08B	$103.71	$100.88	-2.73%	Buy	8	18.33%	24.14%	42.79%	30.98%
ACMR	ACM RESEARCH INC	$641.26M	$10.71	$16.25	51.73%	Hold	4	25.68%	-10.07%	N/A	N/A
PLAB	PHOTRONICS INC	$1.33B	$21.23	$21.00	-1.08%	Hold	1	N/A	N/A	15.33%	9.79%
KLIC	KULICKE & SOFFA INDUSTRIES INC	$3.05B	$53.90	$62.50	15.96%	Buy	2	26.53%	9.70%	28.68%	22.28%
VECO	VEECO INSTRUMENTS INC	$1.27B	$24.59	$26.25	6.75%	Buy	4	N/A	N/A	12.18%	6.11%
ASML	ASML HOLDING NV	$290.39B	$735.93	$763.50	3.75%	Strong Buy	2	3.62%	12.73%	114.81%	31.97%
AMAT	APPLIED MATERIALS INC	$114.26B	$136.06	$135.63	-0.32%	Buy	16	-0.95%	5.38%	47.90%	23.27%
ENTG	ENTEGRIS INC	$16.05B	$107.22	$102.38	-4.52%	Strong Buy	8	20.17%	16,300.00%	27.40%	8.62%
KLAC	KLA CORP	$63.27B	$461.19	$432.75	-6.17%	Buy	12	-2.28%	-0.64%	127.14%	24.93%
NVMI	NOVA LTD	$3.20B	$111.52	$110.33	-1.06%	Strong Buy	3	N/A	N/A	21.46%	13.15%
ACLS	AXCELIS TECHNOLOGIES INC	$5.27B	$160.96	$146.00	-9.29%	Strong Buy	6	N/A	N/A	22.88%	14.87%
OLED	UNIVERSAL DISPLAY CORP	$7.29B	$153.92	$152.20	-1.12%	Buy	5	13.10%	14.80%	20.94%	17.72%
LRCX	LAM RESEARCH CORP	$84.40B	$628.25	$498.13	-20.71%	Buy	8	-1.73%	0.48%	58.07%	25.37%
IPGP	IPG PHOTONICS CORP	$5.42B	$114.61	$144.00	25.64%	Strong Buy	4	11.69%	157.97%	N/A	N/A
TRT	TRIO-TECH INTERNATIONAL	$19.62M	$4.79	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DQ	DAQO NEW ENERGY CORP	$2.99B	$38.19	$45.60	19.40%	Hold	1	2.26%	N/A	49.89%	30.84%
ASYS	AMTECH SYSTEMS INC	$132.60M	$9.44	$13.00	37.71%	Strong Buy	1	N/A	N/A	15.41%	10.23%
CAMT	CAMTEK LTD	$1.31B	$29.34	$32.67	11.34%	Buy	6	N/A	N/A	17.74%	10.50%
TGAN	TRANSPHORM INC	$241.18M	$4.23	N/A	N/A	N/A	N/A	66.53%	N/A	56.65%	32.42%
COHU	COHU INC	$1.83B	$38.53	$40.00	3.82%	Buy	1	N/A	N/A	13.32%	10.53%
ICHR	ICHOR HOLDINGS LTD	$937.05M	$32.25	$36.50	13.18%	Buy	4	N/A	N/A	19.58%	11.17%
INDI	INDIE SEMICONDUCTOR INC	$1.53B	$9.49	$14.33	51.03%	Strong Buy	3	76.18%	N/A	42.79%	19.52%
AXTI	AXT INC	$159.53M	$3.66	$5.61	53.36%	Buy	4	N/A	N/A	12.48%	7.49%
UCTT	ULTRA CLEAN HOLDINGS INC	$1.61B	$36.13	$33.67	-6.82%	Buy	3	N/A	N/A	23.72%	11.07%
AMBA	AMBARELLA INC	$3.08B	$77.74	$101.82	30.97%	Strong Buy	11	23.38%	N/A	18.09%	15.44%
AZTA	AZENTA INC	$2.78B	$42.67	$61.25	43.54%	Buy	4	16.09%	N/A	3.60%	3.21%
ATOM	ATOMERA INC	$241.92M	$9.91	$17.00	71.54%	Buy	1	N/A	N/A	N/A	N/A
ADEA	ADEIA INC	$1.04B	$9.78	N/A	N/A	N/A	N/A	N/A	N/A	43.18%	12.07%
EMAN	EMAGIN CORP	$166.91M	$2.01	$3.00	49.25%	Strong Buy	2	N/A	N/A	N/A	N/A

Semiconductor Equipment Stocks FAQ

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

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

1. Acm Research (NASDAQ:ACMR)

Acm Research (NASDAQ:ACMR) is the top 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. Acm Research has seen its stock lose -24.68% over the past year, underperforming other semiconductor equipment stocks by -46 percentage points.

Acm Research has an average 1 year price target of $16.25, an upside of 51.73% from Acm Research's current stock price of $10.71.

Acm Research stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Acm Research, 25% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 25% have issued a Sell rating, and 25% 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 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 320% over the past year, overperforming other semiconductor equipment stocks by 299 percentage points.

3. Teradyne (NASDAQ:TER)

Teradyne (NASDAQ:TER) 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 22 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock lose -1.17% over the past year, underperforming other semiconductor equipment stocks by -23 percentage points.

Teradyne has an average 1 year price target of $100.88, a downside of -2.73% from Teradyne's current stock price of $103.71.

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.

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 1.13%, 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 1.06%, 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 4.83% in the last day, and up 6.99% over the last week. Transphorm was the among the top gainers in the semiconductor equipment & materials industry, gaining 9.87% yesterday.

Shares of several tech and AI-related companies are trading higher in sympathy with Marvell Technology after the company reported strong Q1 results and said it expects AI revenue to at least double in 2024. Continued upward momentum from NVIDIA Q1 earnings and optimism surrounding debt ceiling talks are also boosting the sector.

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 86, which is 37 points higher than the semiconductor equipment industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 5.83% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -16 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 37 points higher than the semiconductor equipment industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Camtek's stock has gained 3.09% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -18 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 37 points higher than the semiconductor equipment industry average of 49. It passed 6 out of 7 valuation due diligence checks.

Veeco Instruments's stock has gained 16.37% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -5 percentage points.

Are semiconductor equipment stocks a good buy now?

53.85% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to fall by -1.17% 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 118.27x.

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.