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 +32.52% 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 69 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Micron Technology (NASDAQ:MU) has a Due Diligence Score of 67, which is 32 points higher than the semiconductor industry average of 35.

MU passed 26 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 714.11% over the past year, overperforming other semiconductor stocks by 576 percentage points.

Micron Technology has an average 1 year price target of $530.00, a downside of -31.7% from Micron Technology's current stock price of $776.01.

Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 27 analysts covering Micron Technology, 70.37% have issued a Strong Buy rating, 25.93% have issued a Buy, 3.7% 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 #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 +32.52% 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: C.

Silicon Motion Technology (NASDAQ:SIMO) has a Due Diligence Score of 51, which is 16 points higher than the semiconductor industry average of 35.

SIMO passed 19 out of 38 due diligence checks and has strong fundamentals. Silicon Motion Technology has seen its stock return 353.12% over the past year, overperforming other semiconductor stocks by 215 percentage points.

Silicon Motion Technology has an average 1 year price target of $211.00, a downside of -20.03% from Silicon Motion Technology's current stock price of $263.85.

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.

Allegro Microsystems (NASDAQ:ALGM) is the #3 top semiconductor stock out of 69 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

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

Allegro Microsystems (NASDAQ:ALGM) has a Due Diligence Score of 29, which is -6 points lower than the semiconductor industry average of 35. Although this number is below the industry average, our proven quant model rates ALGM as a "B".

ALGM passed 9 out of 33 due diligence checks and has average fundamentals. Allegro Microsystems has seen its stock return 66.43% over the past year, underperforming other semiconductor stocks by -72 percentage points.

Allegro Microsystems has an average 1 year price target of $49.90, an upside of 10.96% from Allegro Microsystems's current stock price of $44.97.

Allegro Microsystems stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Allegro Microsystems, 70% have issued a Strong Buy rating, 30% 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 20 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 4.32%, which is 3 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 127.4% indicates that its high dividend yield might not be sustainable for the long-term.

Skyworks Solutions (NASDAQ:SWKS) has an annual dividend yield of 4.22%, 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 117.4% indicates that its high dividend yield might not be sustainable for the long-term.

Himax Technologies (NASDAQ:HIMX) has an annual dividend yield of 3.58%, which is 2 percentage points higher than the semiconductor industry average of 1.31%. Himax Technologies's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Himax Technologies's dividend has shown consistent growth over the last 10 years.

Semiconductor stocks were down -0.17% in the last day, and up 7.92% over the last week. Aeluma was the among the top losers in the semiconductors industry, dropping -15.37% yesterday.

Shares of semiconductor companies are trading lower amid overall market weakness, driven by rising bond yields and inflation concerns that may keep interest rates elevated.

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:

Cirrus Logic (NASDAQ:CRUS) 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.

Cirrus Logic has a valuation score of 43, which is 25 points higher than the semiconductor industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Cirrus Logic's stock has gained 51.56% in the past year. It has underperformed other stocks in the semiconductor industry by -87 percentage points.

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

Nxp Semiconductors Nv has a valuation score of 29, which is 11 points higher than the semiconductor industry average of 18. It passed 2 out of 7 valuation due diligence checks.

Nxp Semiconductors Nv's stock has gained 39.2% in the past year. It has underperformed other stocks in the semiconductor industry by -99 percentage points.

Qualcomm (NASDAQ:QCOM) 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.

Qualcomm has a valuation score of 43, which is 25 points higher than the semiconductor industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Qualcomm's stock has gained 30.79% in the past year. It has underperformed other stocks in the semiconductor industry by -107 percentage points.

58.93% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to fall by -8.38% over the next year.

3.13% of semiconductor stocks have a Zen Rating of A (Strong Buy), 37.5% of semiconductor stocks are rated B (Buy), 43.75% are rated C (Hold), 10.94% are rated D (Sell), and 4.69% are rated F (Strong Sell).