Sectors & Industries TechnologySemiconductor Equipment & Materials
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 &...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
ACMR	ACM RESEARCH INC	$1.34B	N/A	0.00%	N/A	N/A	N/A	N/A
ACLS	AXCELIS TECHNOLOGIES INC	$3.66B	N/A	0.00%	N/A	N/A	N/A	N/A
PLAB	PHOTRONICS INC	$1.73B	N/A	0.00%	N/A	N/A	N/A	N/A
AEHR	AEHR TEST SYSTEMS	$332.81M	N/A	0.00%	N/A	N/A	N/A	N/A
ASML	ASML HOLDING NV	$377.80B	0.69%	33.90%	$1.8993	$6.64	12%	4
AMAT	APPLIED MATERIALS INC	$178.08B	0.63%	15.50%	$0.4000	$1.36	11%	0		2024-06-13
TER	TERADYNE INC	$22.00B	0.33%	16.10%	$0.1200	$0.46	5%	0		2024-06-14
LRCX	LAM RESEARCH CORP	$121.91B	0.83%	28.30%	$2.0000	$7.73	16%	0	2024-06-18	2024-07-10
CAMT	CAMTEK LTD	$4.62B	1.30%	69.60%	$1.3300	$1.33	27%	0
ENTG	ENTEGRIS INC	$19.05B	0.32%	19.00%	$0.1000	$0.40	5%	0
NVMI	NOVA LTD	$6.06B	N/A	0.00%	N/A	N/A	N/A	N/A
IPGP	IPG PHOTONICS CORP	$3.95B	N/A	0.00%	N/A	N/A	N/A	N/A
DQ	DAQO NEW ENERGY CORP	$1.48B	N/A	N/A	N/A	N/A	N/A	N/A
AMKR	AMKOR TECHNOLOGY INC	$8.02B	0.94%	20.30%	$0.0788	$0.31	19%	0	2024-06-04	2024-06-24
KLAC	KLA CORP	$102.26B	0.74%	28.60%	$1.4500	$5.65	14%	0
ONTO	ONTO INNOVATION INC	$10.68B	N/A	0.00%	N/A	N/A	N/A	N/A
TRT	TRIO-TECH INTERNATIONAL	$27.03M	N/A	0.00%	N/A	N/A	N/A	N/A
INDI	INDIE SEMICONDUCTOR INC	$1.25B	N/A	0.00%	N/A	N/A	N/A	N/A
KLIC	KULICKE & SOFFA INDUSTRIES INC	$2.53B	1.71%	-65.50%	$0.2000	$0.78	36%	0	2024-06-20	2024-07-09
INTT	INTEST CORP	$124.40M	N/A	0.00%	N/A	N/A	N/A	N/A
AXTI	AXT INC	$169.16M	N/A	0.00%	N/A	N/A	N/A	N/A
AMBA	AMBARELLA INC	$2.39B	N/A	0.00%	N/A	N/A	N/A	N/A
TGAN	TRANSPHORM INC	$302.41M	N/A	0.00%	N/A	N/A	N/A	N/A
ICHR	ICHOR HOLDINGS LTD	$1.27B	N/A	0.00%	N/A	N/A	N/A	N/A
ATOM	ATOMERA INC	$111.85M	N/A	0.00%	N/A	N/A	N/A	N/A
ASYS	AMTECH SYSTEMS INC	$91.22M	N/A	0.00%	N/A	N/A	N/A	N/A
UCTT	ULTRA CLEAN HOLDINGS INC	$2.08B	N/A	0.00%	N/A	N/A	N/A	N/A
VECO	VEECO INSTRUMENTS INC	$2.30B	N/A	0.00%	N/A	N/A	N/A	N/A
COHU	COHU INC	$1.52B	N/A	0.00%	$0.0600	N/A	N/A	0
SMTK	SMARTKEM INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in Jun 2024?

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

1. Acm Research (NASDAQ:ACMR)

Acm Research (NASDAQ:ACMR) is the top semiconductor equipment stock with a Zen Score of 62, which is 27 points higher than the semiconductor equipment industry average of 35. It passed 20 out of 33 due diligence checks and has strong fundamentals. Acm Research has seen its stock return 113.65% over the past year, overperforming other semiconductor equipment stocks by 74 percentage points.

Acm Research has an average 1 year price target of $32.00, an upside of 48.15% from Acm Research's current stock price of $21.60.

Acm Research stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Acm Research, 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.

2. Axcelis Technologies (NASDAQ:ACLS)

Axcelis Technologies (NASDAQ:ACLS) is the second best semiconductor equipment stock with a Zen Score of 60, which is 25 points higher than the semiconductor equipment industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -28.6% over the past year, underperforming other semiconductor equipment stocks by -68 percentage points.

Axcelis Technologies has an average 1 year price target of $151.67, an upside of 34.83% from Axcelis Technologies's current stock price of $112.49.

Axcelis Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Axcelis Technologies, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% 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 21 points higher than the semiconductor equipment industry average of 35. It passed 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 28.83% over the past year, underperforming other semiconductor equipment stocks by -11 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. Kulicke & Soffa Industries (NASDAQ:KLIC)

Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.71%, which is 1 percentage points higher than the semiconductor equipment industry average of 0.83%. 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 -65.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Camtek (NASDAQ:CAMT)

Camtek (NASDAQ:CAMT) has an annual dividend yield of 1.3%, which is the same as the semiconductor equipment industry average of 0.83%. 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 69.6% 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 0.94%, which is the same as the semiconductor equipment industry average of 0.83%.

Amkor Technology's dividend payout ratio of 20.3% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor equipment stocks down?

Semiconductor equipment stocks were down -0.99% in the last day, and down -1.86% over the last week. Entegris was the among the top losers in the semiconductor equipment & materials industry, dropping -2.91% yesterday.

Shares of semiconductor stocks are trading lower in possible sympathy with Marvell, which reported worse-than-expected Q1 earnings.

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 72 points higher than the semiconductor equipment industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -28.6% 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 58 points higher than the semiconductor equipment industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Photronics's stock has gained 28.83% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -11 percentage points.

3. Acm Research (NASDAQ:ACMR)

Acm Research (NASDAQ:ACMR) is the third most undervalued semiconductor equipment stock based on WallStreetZen's Valuation Score. Acm Research has a valuation score of 71, which is 43 points higher than the semiconductor equipment industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Acm Research's stock has gained 113.65% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 74 percentage points.

Are semiconductor equipment stocks a good buy now?

50% of semiconductor equipment stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor equipment stocks to rise by 7.93% 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 38.58x.

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.