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Best Semiconductor Stocks to Buy Now (2023)
Top semiconductor stocks in 2023 ranked by overall Zen Score. See the best semiconductor stocks to buy now, according to analyst forecasts for the semiconductors industry.

Industry: Semiconductors
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SMTC
SEMTECH CORP
$2.10B$32.91$60.0082.32%Buy816.53%32.17%24.49%13.23%
IMOS
CHIPMOS TECHNOLOGIES INC
$854.14M$23.49N/AN/AN/AN/AN/AN/AN/AN/A
SYNA
SYNAPTICS INC
$4.83B$122.64$165.5034.95%Buy102.95%71.74%35.08%16.74%
MXL
MAXLINEAR INC
$3.06B$38.87$47.6022.46%Strong Buy57.17%115.63%N/AN/A
DIOD
DIODES INC
$4.17B$91.65$88.67-3.25%Strong Buy3N/AN/A23.36%13.80%
VSH
VISHAY INTERTECHNOLOGY INC
$3.39B$23.91$22.00-7.99%Strong Buy1N/AN/A18.07%9.47%
MPWR
MONOLITHIC POWER SYSTEMS INC
$21.11B$449.68$472.565.09%Strong Buy929.46%35.67%N/AN/A
AVGO
BROADCOM INC
$251.27B$601.30$678.8212.89%Strong Buy11-1.23%28.80%N/AN/A
AMD
ADVANCED MICRO DEVICES INC
$134.92B$83.68$91.799.69%Strong Buy2818.05%104.71%N/AN/A
QCOM
QUALCOMM INC
$148.22B$132.93$152.6114.81%Strong Buy198.48%10.58%74.57%28.05%
SGH
SMART GLOBAL HOLDINGS INC
$875.35M$17.79$27.0051.77%Strong Buy50.58%122.12%N/AN/A
ADI
ANALOG DEVICES INC
$90.43B$177.55$189.796.89%Buy154.56%27.79%N/AN/A
AOSL
ALPHA & OMEGA SEMICONDUCTOR LTD
$988.33M$36.06$49.0035.88%Buy23.98%-79.40%12.47%8.42%
FORM
FORMFACTOR INC
$2.22B$28.76$34.0018.22%Strong Buy710.10%35.84%15.34%12.13%
ASX
ASE TECHNOLOGY HOLDING CO LTD
$6.41B$7.34$8.8019.89%Strong Buy1N/AN/A45.52%17.79%
AMKR
AMKOR TECHNOLOGY INC
$7.21B$29.42$30.001.97%Strong Buy1N/AN/A21.78%11.34%
QRVO
QORVO INC
$10.21B$102.24$112.5210.06%Hold225.40%52.43%30.32%17.84%
SIMO
SILICON MOTION TECHNOLOGY CORP
$2.31B$66.02$90.5037.08%Strong Buy325.44%35.31%N/AN/A
NXPI
NXP SEMICONDUCTORS NV
$48.55B$187.37$191.112.00%Buy185.24%24.31%49.60%15.36%
SWKS
SKYWORKS SOLUTIONS INC
$17.50B$109.28$121.2010.91%Buy161.57%29.95%31.54%19.44%
LSCC
LATTICE SEMICONDUCTOR CORP
$10.74B$78.38$62.50-20.26%Buy4N/AN/A50.58%29.44%
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$4.66B$65.89$69.004.72%Buy66.75%-47.55%18.04%9.80%
UMC
UNITED MICROELECTRONICS CORP
$20.22B$8.10N/AN/AHold3N/AN/A125.62%76.14%
TXN
TEXAS INSTRUMENTS INC
$164.02B$181.00$186.613.10%Buy202.35%-2.61%61.86%33.14%
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
$476.24B$91.83$88.00-4.17%Hold1N/AN/A197.60%116.51%
OIIM
O2MICRO INTERNATIONAL LTD
$133.93M$4.70$3.50-25.53%Hold1N/AN/A57.29%48.16%
ON
ON SEMICONDUCTOR CORP
$34.73B$80.40$74.97-6.76%Strong Buy206.67%14.01%N/AN/A
INTC
INTEL CORP
$118.69B$28.69$31.148.54%Sell25-0.64%-3.18%10.61%5.91%
SITM
SITIME CORP
$2.68B$125.03$140.0011.97%Strong Buy5-12.12%-44.80%N/AN/A
POWI
POWER INTEGRATIONS INC
$5.03B$87.97$79.33-9.82%Buy47.50%-6.07%N/AN/A
ONTO
ONTO INNOVATION INC
$4.09B$82.57$90.009.00%Strong Buy2N/AN/A18.05%15.84%
NVDA
NVIDIA CORP
$518.79B$210.89$212.550.79%Buy3016.42%59.93%57.27%30.20%
TSEM
TOWER SEMICONDUCTOR LTD
$5.88B$41.32$45.008.91%Hold1N/AN/A14.23%10.46%
CRUS
CIRRUS LOGIC INC
$5.66B$102.37$103.571.17%Strong Buy7-1.37%-4.66%17.16%13.60%
MRAM
EVERSPIN TECHNOLOGIES INC
$142.19M$6.99$9.0028.76%Strong Buy1N/AN/AN/AN/A
MCHP
MICROCHIP TECHNOLOGY INC
$46.27B$84.47$92.449.44%Strong Buy180.78%12.69%51.99%20.36%
GFS
GLOBALFOUNDRIES INC
$33.52B$61.49$68.2510.99%Strong Buy87.02%93.98%19.35%10.17%
NVTS
NAVITAS SEMICONDUCTOR CORP
$866.95M$5.65$7.5032.74%Strong Buy4281.75%N/A4.06%3.46%
NVEC
NVE CORP
$348.98M$72.24N/AN/AN/AN/AN/AN/AN/AN/A
STM
STMICROELECTRONICS NV
$43.68B$48.33$55.3314.49%Buy5-2.57%-13.27%25.85%16.42%
SLAB
SILICON LABORATORIES INC
$5.79B$181.36$177.17-2.31%Hold813.25%29.50%13.21%8.56%
PRSO
PERASO INC
$22.32M$1.02$2.50145.10%Buy1131.72%N/A-14.57%-12.39%
HIMX
HIMAX TECHNOLOGIES INC
$1.42B$8.13$9.0010.70%Hold2N/AN/AN/AN/A
VLN
VALENS SEMICONDUCTOR LTD
$502.42M$5.12$6.0017.19%Strong Buy248.69%N/AN/AN/A
MX
MAGNACHIP SEMICONDUCTOR CORP
$454.56M$10.29$31.50206.12%Buy2N/AN/A4.70%3.62%
MU
MICRON TECHNOLOGY INC
$65.45B$59.98$66.5811.01%Buy25-1.67%-7.72%8.56%6.22%
ALGM
ALLEGRO MICROSYSTEMS INC
$7.89B$41.22$41.400.44%Strong Buy52.18%1.27%22.51%18.55%
GSIT
GSI TECHNOLOGY INC
$49.11M$2.00N/AN/AN/AN/AN/AN/AN/AN/A
WOLF
WOLFSPEED INC
$9.87B$79.34$108.1936.36%Buy1732.01%N/A20.90%6.96%
AAOI
APPLIED OPTOELECTRONICS INC
$75.59M$2.65$5.33101.25%Hold323.11%N/AN/AN/A
RMBS
RAMBUS INC
$4.63B$43.12$43.400.65%Strong Buy539.27%N/AN/AN/A
PXLW
PIXELWORKS INC
$119.04M$2.17$5.00130.41%Buy1N/AN/A-34.16%-11.26%
INTT
INTEST CORP
$154.21M$13.99$20.0042.96%Buy1N/AN/AN/AN/A
AIP
ARTERIS INC
$203.56M$6.09$14.00129.89%Buy230.71%N/AN/AN/A
QUIK
QUICKLOGIC CORP
$78.09M$5.96$11.0084.72%Strong Buy245.88%N/A-9.59%-3.72%
LASR
NLIGHT INC
$572.68M$12.64$20.6763.50%Strong Buy414.27%N/AN/AN/A
MRVL
MARVELL TECHNOLOGY INC
$38.42B$45.03$65.4845.41%Strong Buy2422.75%N/A13.76%9.51%
SQNS
SEQUANS COMMUNICATIONS
$151.50M$3.16$6.0089.81%Strong Buy268.79%N/A4,468.59%207.53%
CEVA
CEVA INC
$804.61M$34.70$40.0015.27%Strong Buy2N/AN/A2.57%2.20%
LEDS
SEMILEDS CORP
$10.96M$2.26N/AN/AN/AN/AN/AN/AN/AN/A
WISA
WISA TECHNOLOGIES INC
$1.38M$8.05$2.00-75.16%Buy1N/AN/A-1.92%-0.89%
EMKR
EMCORE CORP
$47.31M$1.26$3.25157.94%Hold2N/AN/A-14.85%-9.33%
WKEY
WISEKEY INTERNATIONAL HOLDING SA
$34.41M$2.46$4.0062.60%Buy1N/AN/AN/AN/A
POET
POET TECHNOLOGIES INC
$181.74M$4.95$8.0061.62%Buy2N/AN/A-162.05%-138.90%
NA
NANO LABS LTD
$82.67M$1.48N/AN/AN/AN/AN/AN/AN/AN/A
ASTI
ASCENT SOLAR TECHNOLOGIES INC
$37.66M$1.11N/AN/AN/AN/AN/AN/AN/AN/A
SKYT
SKYWATER TECHNOLOGY INC
$469.05M$11.27$17.0050.84%Strong Buy4N/AN/A-99.33%-13.36%
TMPO
TEMPO AUTOMATION HOLDINGS INC
$11.98M$1.41$3.00112.77%Buy3N/AN/AN/AN/A

Semiconductor Stocks FAQ

What are the best semiconductor stocks to buy right now in Feb 2023?

According to Zen Score, the 3 best semiconductor stocks to buy right now are:

1. Semtech (NASDAQ:SMTC)


Semtech (NASDAQ:SMTC) is the top semiconductor stock with a Zen Score of 66, which is 25 points higher than the semiconductor industry average of 41. It passed 21 out of 33 due diligence checks and has strong fundamentals. Semtech has seen its stock lose -53.35% over the past year, underperforming other semiconductor stocks by -44 percentage points.

Semtech has an average 1 year price target of $60.00, an upside of 82.32% from Semtech's current stock price of $32.91.

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

2. Chipmos Technologies (NASDAQ:IMOS)


Chipmos Technologies (NASDAQ:IMOS) is the second best semiconductor stock with a Zen Score of 65, which is 24 points higher than the semiconductor industry average of 41. It passed 23 out of 38 due diligence checks and has strong fundamentals. Chipmos Technologies has seen its stock lose -28.58% over the past year, underperforming other semiconductor stocks by -19 percentage points.

3. Synaptics (NASDAQ:SYNA)


Synaptics (NASDAQ:SYNA) is the third best semiconductor stock with a Zen Score of 65, which is 24 points higher than the semiconductor industry average of 41. It passed 21 out of 33 due diligence checks and has strong fundamentals. Synaptics has seen its stock lose -42.29% over the past year, underperforming other semiconductor stocks by -33 percentage points.

Synaptics has an average 1 year price target of $165.50, an upside of 34.95% from Synaptics's current stock price of $122.64.

Synaptics stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Synaptics, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the semiconductor stocks with highest dividends?

Out of 20 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

1. Himax Technologies (NASDAQ:HIMX)


Himax Technologies (NASDAQ:HIMX) has an annual dividend yield of 15.38%, which is 12 percentage points higher than the semiconductor industry average of 3.08%. Himax Technologies's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Himax Technologies's dividend has shown consistent growth over the last 10 years.

2. Chipmos Technologies (NASDAQ:IMOS)


Chipmos Technologies (NASDAQ:IMOS) has an annual dividend yield of 12.43%, which is 9 percentage points higher than the semiconductor industry average of 3.08%. Chipmos Technologies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Chipmos Technologies's dividend has shown consistent growth over the last 10 years.

Chipmos Technologies's dividend payout ratio of 33.1% indicates that its high dividend yield is sustainable for the long-term.

3. Nve (NASDAQ:NVEC)


Nve (NASDAQ:NVEC) has an annual dividend yield of 5.54%, which is 2 percentage points higher than the semiconductor industry average of 3.08%. Nve's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nve's dividend has not shown consistent growth over the last 10 years.

Nve's dividend payout ratio of 105.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are semiconductor stocks down?

Semiconductor stocks were down -1.48% in the last day, and up 5.53% over the last week. Intel was the among the top losers in the semiconductors industry, dropping -5.38% yesterday.

Intel shares are trading lower. Weakness may be due to layoffs from Dell, which could indicate weakness in the PC market.

What are the most undervalued semiconductor stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued semiconductor stocks right now are:

1. Chipmos Technologies (NASDAQ:IMOS)


Chipmos Technologies (NASDAQ:IMOS) is the most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Chipmos Technologies has a valuation score of 100, which is 59 points higher than the semiconductor industry average of 41. It passed 7 out of 7 valuation due diligence checks.

Chipmos Technologies's stock has dropped -28.58% in the past year. It has underperformed other stocks in the semiconductor industry by -19 percentage points.

2. Semtech (NASDAQ:SMTC)


Semtech (NASDAQ:SMTC) is the second most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Semtech has a valuation score of 100, which is 59 points higher than the semiconductor industry average of 41. It passed 7 out of 7 valuation due diligence checks.

Semtech's stock has dropped -53.35% in the past year. It has underperformed other stocks in the semiconductor industry by -44 percentage points.

3. Diodes (NASDAQ:DIOD)


Diodes (NASDAQ:DIOD) is the third most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Diodes has a valuation score of 86, which is 45 points higher than the semiconductor industry average of 41. It passed 6 out of 7 valuation due diligence checks.

Diodes's stock has gained 1.71% in the past year. It has overperformed other stocks in the semiconductor industry by 11 percentage points.

Are semiconductor stocks a good buy now?

46.77% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 10.43% over the next year.

What is the average p/e ratio of the semiconductors industry?

The average P/E ratio of the semiconductors industry is 30.29x.
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.