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:

Sk Hynix (NASDAQ:SKHY) is the #1 top semiconductor stock out of 69 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: A, Safety: D, Financials: A, and AI: B.

Sk Hynix (NASDAQ:SKHY) has a Due Diligence Score of 11, which is -26 points lower than the semiconductor industry average of 37. 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 $245.50, an upside of 59.02% from Sk Hynix's current stock price of $154.38.

Sk Hynix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Sk Hynix, 62.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Micron Technology (NASDAQ:MU) is the #2 top semiconductor stock out of 69 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: A, Momentum: A, Sentiment: C, Safety: D, Financials: A, and AI: C.

Micron Technology (NASDAQ:MU) has a Due Diligence Score of 73, which is 36 points higher than the semiconductor industry average of 37.

MU passed 29 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 728.31% over the past year, overperforming other semiconductor stocks by 629 percentage points.

Micron Technology has an average 1 year price target of $1,421.40, an upside of 59.23% from Micron Technology's current stock price of $892.67.

Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Micron Technology, 64% have issued a Strong Buy rating, 28% have issued a Buy, 8% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Silicon Motion Technology (NASDAQ:SIMO) is the #3 top semiconductor stock out of 69 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 Silicon Motion Technology (NASDAQ:SIMO) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: D.

Silicon Motion Technology (NASDAQ:SIMO) has a Due Diligence Score of 56, which is 19 points higher than the semiconductor industry average of 37.

SIMO passed 21 out of 38 due diligence checks and has strong fundamentals. Silicon Motion Technology has seen its stock return 250.92% over the past year, overperforming other semiconductor stocks by 152 percentage points.

Silicon Motion Technology has an average 1 year price target of $343.00, an upside of 27.75% from Silicon Motion Technology's current stock price of $268.49.

Silicon Motion Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Silicon Motion Technology, 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.

Out of 22 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

Skyworks Solutions (NASDAQ:SWKS) has an annual dividend yield of 4.25%, which is 3 percentage points higher than the semiconductor industry average of 1.31%. Skyworks Solutions's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Skyworks Solutions's dividend has shown consistent growth over the last 10 years.

Skyworks Solutions's dividend payout ratio of 146.4% indicates that its high dividend yield might not be sustainable for the long-term.

Nve (NASDAQ:NVEC) has an annual dividend yield of 3.13%, which is 2 percentage points higher than the semiconductor industry average of 1.31%. 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 107.5% indicates that its dividend yield might not be sustainable for the long-term.

Microchip Technology (NASDAQ:MCHP) has an annual dividend yield of 2.26%, which is 1 percentage points higher than the semiconductor industry average of 1.31%. 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 827.3% indicates that its dividend yield might not be sustainable for the long-term.

Semiconductor stocks were up 5.67% in the last day, and up 10.33% over the last week. Arm Holdings was the among the top gainers in the semiconductors industry, gaining 17.36% yesterday.

Shares of fabless semiconductor companies are trading higher as risk assets enjoy a tailwind. Also, financial results and commentary from companies such as ON Semiconductor and Palantir may help support the ongoing themes of chip supply shortages and growing demand from an expansionary AI services sector.

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:

Qorvo (NASDAQ:QRVO) 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.

Qorvo has a valuation score of 57, which is 38 points higher than the semiconductor industry average of 19. It passed 4 out of 7 valuation due diligence checks.

Qorvo's stock has gained 11.59% in the past year. It has underperformed other stocks in the semiconductor industry by -88 percentage points.

Sk Hynix (NASDAQ:SKHY) 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.

Sk Hynix has a valuation score of 0, which is -19 points higher than the semiconductor industry average of 19. 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".

Nxp Semiconductors Nv (NASDAQ:NXPI) is the third 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.

Nxp Semiconductors Nv has a valuation score of 43, which is 24 points higher than the semiconductor industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Nxp Semiconductors Nv's stock has gained 12.08% in the past year. It has underperformed other stocks in the semiconductor industry by -87 percentage points.

56.36% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 25.97% over the next year.

9.52% of semiconductor stocks have a Zen Rating of A (Strong Buy), 38.1% of semiconductor stocks are rated B (Buy), 34.92% are rated C (Hold), 11.11% are rated D (Sell), and 6.35% are rated F (Strong Sell).