WallStreetZenWallStreetZen

Sectors & IndustriesTechnologySemiconductor Equipment & Materials
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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ACLS
AXCELIS TECHNOLOGIES INC
$3.09B$94.79$165.0074.07%Strong Buy1-0.69%N/AN/AN/A
ACMR
ACM RESEARCH INC
$1.53B$25.00$32.0028.00%Strong Buy522.26%N/AN/AN/A
TER
TERADYNE INC
$14.69B$95.97$109.5814.18%Buy1210.18%90.95%N/AN/A
PLAB
PHOTRONICS INC
$1.60B$25.32N/AN/AN/AN/AN/AN/AN/AN/A
KLIC
KULICKE & SOFFA INDUSTRIES INC
$2.53B$44.90$58.0029.18%Buy22.92%559.34%N/AN/A
AEHR
AEHR TEST SYSTEMS
$299.56M$10.36$12.0015.83%Hold1-9.58%N/AN/AN/A
AMAT
APPLIED MATERIALS INC
$157.68B$189.77$212.7112.09%Buy174.85%-6.02%N/AN/A
NVMI
NOVA LTD
$4.64B$159.92$198.5024.12%Strong Buy213.88%N/AN/AN/A
LRCX
LAM RESEARCH CORP
$114.09B$870.25$963.3610.70%Buy149.18%33.12%N/AN/A
KLAC
KLA CORP
$84.95B$628.16$697.3311.01%Buy155.15%12.02%N/AN/A
ASML
ASML HOLDING NV
$338.14B$859.54$1.04k20.53%Strong Buy518.67%26.97%N/AN/A
IPGP
IPG PHOTONICS CORP
$3.88B$84.27$104.6724.20%Hold32.91%N/AN/AN/A
INTT
INTEST CORP
$134.91M$11.09N/AN/AN/AN/AN/AN/AN/AN/A
ENTG
ENTEGRIS INC
$18.38B$122.20$146.8820.19%Buy8-2.69%379.34%N/AN/A
CAMT
CAMTEK LTD
$3.35B$74.68$91.2522.19%Strong Buy424.34%N/AN/AN/A
ONTO
ONTO INNOVATION INC
$8.32B$169.39$208.7523.24%Strong Buy411.77%N/AN/AN/A
TRT
TRIO-TECH INTERNATIONAL
$26.43M$6.34N/AN/AN/AN/AN/AN/AN/AN/A
AMKR
AMKOR TECHNOLOGY INC
$7.01B$28.50$34.8022.11%Buy54.64%N/AN/AN/A
DQ
DAQO NEW ENERGY CORP
$1.73B$22.11$25.0013.07%Sell113.74%N/AN/AN/A
INDI
INDIE SEMICONDUCTOR INC
$982.06M$5.36$10.0086.57%Strong Buy139.38%N/AN/AN/A
COHU
COHU INC
$1.35B$28.78$39.0035.51%Buy2-25.83%N/AN/AN/A
AXTI
AXT INC
$122.57M$2.77$5.3894.04%Strong Buy425.35%N/AN/AN/A
AMBA
AMBARELLA INC
$1.68B$40.99$73.8380.12%Buy625.37%N/AN/AN/A
ATOM
ATOMERA INC
$151.73M$5.70N/AN/AN/AN/AN/AN/AN/AN/A
UCTT
ULTRA CLEAN HOLDINGS INC
$1.74B$38.99$60.0053.89%Buy17.62%N/AN/AN/A
TGAN
TRANSPHORM INC
$303.05M$4.79N/AN/AN/AN/A72.33%N/AN/AN/A
ICHR
ICHOR HOLDINGS LTD
$1.09B$36.87$46.4025.85%Strong Buy53.92%N/AN/AN/A
VECO
VEECO INSTRUMENTS INC
$1.84B$32.58$37.7515.87%Buy48.41%N/AN/AN/A
ASYS
AMTECH SYSTEMS INC
$67.41M$4.75N/AN/AN/AN/A-10.01%N/AN/AN/A

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in Apr 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 63, which is 24 points higher than the semiconductor equipment industry average of 39. It passed 20 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -25.07% over the past year, underperforming other semiconductor equipment stocks by -68 percentage points.

Axcelis Technologies has an average 1 year price target of $165.00, an upside of 74.07% from Axcelis Technologies's current stock price of $94.79.

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

2. Teradyne (NASDAQ:TER)


Teradyne (NASDAQ:TER) is the second best semiconductor equipment stock with a Zen Score of 59, which is 20 points higher than the semiconductor equipment industry average of 39. It passed 21 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock lose -2.63% over the past year, underperforming other semiconductor equipment stocks by -46 percentage points.

Teradyne has an average 1 year price target of $109.58, an upside of 14.18% from Teradyne's current stock price of $95.97.

Teradyne stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Teradyne, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 41.67% have issued a hold, while 8.33% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Acm Research (NASDAQ:ACMR)


Acm Research (NASDAQ:ACMR) is the third best semiconductor equipment stock with a Zen Score of 59, which is 20 points higher than the semiconductor equipment industry average of 39. It passed 19 out of 33 due diligence checks and has strong fundamentals. Acm Research has seen its stock return 138.32% over the past year, overperforming other semiconductor equipment stocks by 95 percentage points.

Acm Research has an average 1 year price target of $32.00, an upside of 28% from Acm Research's current stock price of $25.00.

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.

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. Camtek (NASDAQ:CAMT)


Camtek (NASDAQ:CAMT) has an annual dividend yield of 1.78%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.96%. 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 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Kulicke & Soffa Industries (NASDAQ:KLIC)


Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.74%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.96%. 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 84.6% 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 1.08%, which is the same as the semiconductor equipment industry average of 0.96%.

Amkor Technology's dividend payout ratio of 20.8% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks down?

Semiconductor equipment stocks were down -3.02% in the last day, and down -8.75% over the last week. Acm Research was the among the top losers in the semiconductor equipment & materials industry, dropping -8.78% yesterday.

Shares of semiconductor stocks are trading lower. The sector has been under pressure this week following earnings from ASML and TSMC. Stocks have been mixed Friday amid overall market uncertainty on Iran-Israel tensions. Weakness in Super Micro could also be weighing.

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 61 points higher than the semiconductor equipment industry average of 39. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -25.07% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -68 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 47 points higher than the semiconductor equipment industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 67.35% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 24 percentage points.

3. Teradyne (NASDAQ:TER)


Teradyne (NASDAQ:TER) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Teradyne has a valuation score of 86, which is 47 points higher than the semiconductor equipment industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Teradyne's stock has dropped -2.63% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -46 percentage points.

Are semiconductor equipment stocks a good buy now?

47.83% of semiconductor equipment stocks rated by analysts are a buy right now. On average, analysts expect semiconductor equipment stocks to rise by 19.15% 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 36.66x.
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.