
Entegris (ENTG) Stock Forecast & Price Target
Entegris (ENTG) Analyst Ratings
Bulls say
Entegris's strong financial outlook is bolstered by its significant revenue growth driven by AI-related demand from its largest customer, TSMC, which expanded from 12% to 16% of total revenue in 2024. The overall semiconductor industry has experienced a favorable re-rating since late 2022, following the launch of ChatGPT, highlighting enhanced long-term growth prospects across the sector. Additionally, Entegris's Advanced Purity Solutions (APS) provide substantial value to customers, with potential to increase profits by $500 million for each 1% yield improvement in advanced fabrication processes.
Bears say
Entegris faces a challenging outlook due to historically significant fluctuations in wafer fabrication equipment (WFE) spending, having dropped over 10% in multiple years, including particularly steep declines of -46% in 2009. Additionally, the stagnation in fab utilization metrics, which have remained flat around 3,300 million square inches for the past ten quarters outside of AI applications, indicates weak demand from key customers in the semiconductor industry. Compounding these issues are operational inefficiencies and lengthy qualification processes that are negatively impacting gross margins, further constraining the company's financial performance.
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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