Sectors & IndustriesTechnologySemiconductors

Best Semiconductor Stocks to Buy Now (2026)

Top semiconductor stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best semiconductor stocks to buy now. Learn More.

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best semiconductor stocks to buy right now are:

Micron Technology (NASDAQ:MU) is the #1 top semiconductor stock out of 67 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: A, Growth: B, Momentum: B, Sentiment: B, Safety: D, Financials: A, and AI: C.

Micron Technology (NASDAQ:MU) has a Due Diligence Score of 78, which is 39 points higher than the semiconductor industry average of 39.

MU passed 30 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 186.27% over the past year, overperforming other semiconductor stocks by 142 percentage points.

Micron Technology has an average 1 year price target of $1,585.21, an upside of 118.62% from Micron Technology's current stock price of $725.11.

Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Micron Technology, 66.67% have issued a Strong Buy rating, 29.17% have issued a Buy, 4.17% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Sk Hynix (NASDAQ:SKHY) is the #2 top semiconductor stock out of 67 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Sk Hynix (NASDAQ:SKHY) is: Value: A, Growth: B, Momentum: C, Sentiment: C, Safety: D, Financials: A, and AI: A.

Sk Hynix (NASDAQ:SKHY) has a Due Diligence Score of 11, which is -28 points lower than the semiconductor industry average of 39. Although this number is below the industry average, our proven quant model rates SKHY as a "A".

SKHY passed 3 out of 33 due diligence checks and has weak fundamentals.

Sk Hynix has an average 1 year price target of $247.67, an upside of 91.01% from Sk Hynix's current stock price of $129.66.

Sk Hynix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Sk Hynix, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Semtech (NASDAQ:SMTC) is the #3 top semiconductor stock out of 67 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Semtech (NASDAQ:SMTC) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: B, Financials: A, and AI: C.

Semtech (NASDAQ:SMTC) has a Due Diligence Score of 43, which is 4 points higher than the semiconductor industry average of 39.

SMTC passed 15 out of 33 due diligence checks and has strong fundamentals. Semtech has seen its stock return 50.78% over the past year, overperforming other semiconductor stocks by 7 percentage points.

Semtech has an average 1 year price target of $210.06, an upside of 85.09% from Semtech's current stock price of $113.49.

Semtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Semtech, 50% have issued a Strong Buy rating, 43.75% have issued a Buy, 6.25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 21 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

Nve (NASDAQ:NVEC) has an annual dividend yield of 4.99%, which is 3 percentage points higher than the semiconductor industry average of 1.58%. Nve's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Nve's dividend has not shown consistent growth over the last 10 years.

Nve's dividend payout ratio of 108.1% indicates that its high dividend yield might not be sustainable for the long-term.

Microchip Technology (NASDAQ:MCHP) has an annual dividend yield of 3.02%, which is 1 percentage points higher than the semiconductor industry average of 1.58%. Microchip Technology's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Microchip Technology's dividend has shown consistent growth over the last 10 years.

Microchip Technology's dividend payout ratio of 135.8% indicates that its dividend yield might not be sustainable for the long-term.

Himax Technologies (NASDAQ:HIMX) has an annual dividend yield of 2.95%, which is 1 percentage points higher than the semiconductor industry average of 1.58%. Himax Technologies's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Himax Technologies's dividend has shown consistent growth over the last 10 years.

Semiconductor stocks were down -0.64% in the last day, and down -4.09% over the last week. Nvidia was the among the top losers in the semiconductors industry, dropping -5.47% yesterday.

NVIDIA shares are trading lower following reports suggesting that CEO Huang had a relationship with a company executive who reports to him. The stock has seen volatility this week after the CEO recently confirmed an affair with an alleged Chinese asset.

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued semiconductor stocks right now are:

Sk Hynix (NASDAQ:SKHY) is the most undervalued semiconductor stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Sk Hynix has a valuation score of 0, which is -21 points higher than the semiconductor industry average of 21. It passed 0 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates SKHY a Valuation Rating of "A".

Micron Technology (NASDAQ:MU) is the second most undervalued semiconductor stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Micron Technology has a valuation score of 100, which is 79 points higher than the semiconductor industry average of 21. It passed 7 out of 7 valuation due diligence checks.

Micron Technology's stock has gained 186.27% in the past year. It has overperformed other stocks in the semiconductor industry by 142 percentage points.

Penguin Solutions (NASDAQ:PENG) is the third most undervalued semiconductor stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Penguin Solutions has a valuation score of 57, which is 36 points higher than the semiconductor industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Penguin Solutions's stock has gained 98.58% in the past year. It has overperformed other stocks in the semiconductor industry by 55 percentage points.

60.38% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 53.55% over the next year.

11.48% of semiconductor stocks have a Zen Rating of A (Strong Buy), 32.79% of semiconductor stocks are rated B (Buy), 40.98% are rated C (Hold), 9.84% are rated D (Sell), and 4.92% are rated F (Strong Sell).