
Entegris (ENTG) Stock Forecast & Price Target
Entegris (ENTG) Analyst Ratings
Bulls say
Entegris maintains a robust positive outlook due to its significant revenue growth driven by its largest customer, TSMC, which increased its contribution from 12% to 16% in 2024, propelled by the surge in AI-driven demand. The re-rating of semiconductor-related stocks following the emergence of ChatGPT in late 2022 indicates a broader market recognition of enhanced long-term growth prospects within the industry. Additionally, Entegris's Advanced Purity Solutions (APS) demonstrate substantial value, as improvements in yield can translate into considerable profit increases for semiconductor manufacturers, further solidifying the company's position in the supply chain.
Bears say
Entegris faces significant challenges due to the historical volatility in wafer fab equipment (WFE) investments, which have experienced declines exceeding 10% in multiple years, highlighting the industry's cyclical nature. Current metrics reveal a stagnation in fab utilization for most semiconductor devices, maintaining around 3,300 million square inches for the past ten quarters, indicating weak demand outside of artificial intelligence applications. Additionally, the company's gross margins are adversely impacted by prolonged qualification processes and operational inefficiencies, further compounding concerns regarding its financial outlook.
This aggregate rating is based on analysts' research of Entegris and is not a guaranteed prediction by Public.com or investment advice.
Entegris (ENTG) Analyst Forecast & Price Prediction
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