
Entegris (ENTG) Stock Forecast & Price Target
Entegris (ENTG) Analyst Ratings
Bulls say
Entegris is positioned favorably due to its increasing revenue contribution from TSMC, which grew from 12% to 16% in 2024, driven by heightened demand stemming from AI technologies. The semiconductor sector's overall re-rating following the AI boom in late 2022 has enhanced long-term growth prospects for companies in this industry, including Entegris. Additionally, Entegris’s Advanced Purity Solutions (APS) provide significant value, with potential profit boosts of $500 million per 1% yield improvement in advanced fabrication facilities, reinforcing its strategic importance in semiconductor manufacturing.
Bears say
Entegris's outlook is negatively influenced by the historical volatility of wafer fabrication equipment (WFE) spending, having experienced declines greater than 10% in ten separate years since 1990, with significant drops of 46% in 2009. Furthermore, outside of the AI sector, fabrication utilization for other devices has stagnated around 3,300 MSI for the past ten quarters, indicating weak demand in key markets. Additionally, the company faces challenges related to lengthy qualification processes and operational inefficiencies, which have adversely impacted gross margins.
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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