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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
ACLS
AXCELIS TECHNOLOGIES INC
$3.22BN/A0.00%N/AN/AN/AN/A
TER
TERADYNE INC
$15.42B0.45%15.50%$0.1200$0.457%0
PLAB
PHOTRONICS INC
$1.74BN/A0.00%N/AN/AN/AN/A
ACMR
ACM RESEARCH INC
$1.72BN/A0.00%N/AN/AN/AN/A
KLIC
KULICKE & SOFFA INDUSTRIES INC
$2.63B1.67%84.60%$0.2000$0.7834%0
AEHR
AEHR TEST SYSTEMS
$322.11MN/A0.00%N/AN/AN/AN/A
AMAT
APPLIED MATERIALS INC
$162.91B0.65%15.00%$0.3200$1.2811%02024-05-222024-06-13
NVMI
NOVA LTD
$4.83BN/A0.00%N/AN/AN/AN/A
KLAC
KLA CORP
$88.79B0.84%27.00%$1.4500$5.5015%0
ASML
ASML HOLDING NV
$351.04B0.74%33.90%$1.5794$6.5813%42024-04-262024-05-07
IPGP
IPG PHOTONICS CORP
$4.06BN/A0.00%N/AN/AN/AN/A
LRCX
LAM RESEARCH CORP
$116.01B0.87%28.70%$2.0000$7.7316%0
INTT
INTEST CORP
$136.24MN/A0.00%N/AN/AN/AN/A
ENTG
ENTEGRIS INC
$19.23B0.31%33.10%$0.1000$0.404%02024-04-302024-05-22
CAMT
CAMTEK LTD
$3.48B1.72%0.00%$1.3300$1.3334%0
ONTO
ONTO INNOVATION INC
$8.68BN/A0.00%N/AN/AN/AN/A
TRT
TRIO-TECH INTERNATIONAL
$26.85MN/A0.00%N/AN/AN/AN/A
AMKR
AMKOR TECHNOLOGY INC
$7.34B1.03%20.80%$0.0788$0.3118%0
DQ
DAQO NEW ENERGY CORP
$1.86BN/AN/AN/AN/AN/AN/A
INDI
INDIE SEMICONDUCTOR INC
$1.02BN/A0.00%N/AN/AN/AN/A
COHU
COHU INC
$1.43BN/A0.00%$0.0600N/AN/A0
AMBA
AMBARELLA INC
$1.74BN/A0.00%N/AN/AN/AN/A
AXTI
AXT INC
$133.19MN/A0.00%N/AN/AN/AN/A
ATOM
ATOMERA INC
$151.73MN/A0.00%N/AN/AN/AN/A
TGAN
TRANSPHORM INC
$305.58MN/A0.00%N/AN/AN/AN/A
UCTT
ULTRA CLEAN HOLDINGS INC
$1.80BN/A0.00%N/AN/AN/AN/A
ICHR
ICHOR HOLDINGS LTD
$1.11BN/A0.00%N/AN/AN/AN/A
VECO
VEECO INSTRUMENTS INC
$1.91BN/A0.00%N/AN/AN/AN/A
ASYS
AMTECH SYSTEMS INC
$69.11MN/A0.00%N/AN/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 25 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -21.68% 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 67.21% from Axcelis Technologies's current stock price of $98.68.

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 57, which is 19 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock return 3.18% over the past year, underperforming other semiconductor equipment stocks by -43 percentage points.

Teradyne has an average 1 year price target of $109.58, an upside of 8.82% from Teradyne's current stock price of $100.70.

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. Photronics (NASDAQ:PLAB)


Photronics (NASDAQ:PLAB) is the third best semiconductor equipment stock with a Zen Score of 56, which is 18 points higher than the semiconductor equipment industry average of 38. It passed 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 84.88% over the past year, overperforming other semiconductor equipment stocks by 39 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. Camtek (NASDAQ:CAMT)


Camtek (NASDAQ:CAMT) has an annual dividend yield of 1.72%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.92%. 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 1.67%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.92%. 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 1.03%, which is the same as the semiconductor equipment industry average of 0.92%.

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 up?

Semiconductor equipment stocks were up 0.33% in the last day, and down -1.6% over the last week. Applied Materials was the among the top gainers in the semiconductor equipment & materials industry, gaining 1.46% yesterday.

Shares of semiconductor stocks are trading higher in sympathy with Texas Instruments, which reported better-than-expected Q1 financial results.

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 63 points higher than the semiconductor equipment industry average of 37. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -21.68% 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 49 points higher than the semiconductor equipment industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 84.88% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 39 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 71, which is 34 points higher than the semiconductor equipment industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Teradyne's stock has gained 3.18% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -43 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 15.04% 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 38.03x.
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