Based on ratings from 9 stock analysts, the Entegris Inc stock price is expected to increase by 31.73% in 12 months. This is calculated by using the average 12-month stock price forecast for Entegris Inc. The lowest target is $130 and the highest is $164. Please note analyst price targets are not guaranteed and could be missed completely.
ENTG is a stock in Technology which has been forecasted to be worth $145.09 as an average. On the higher end, the forecast price is $164 USD by Aleksey Yefremov from Keybanc and on the lower end ENTG is forecasted to be $130 by Timothy Arcuri from UBS.
These are the latest 20 analyst ratings of ENTG.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Atif Malik Citigroup | Buy | $130 | Upgrade | Sep 16, 2024 |
Michael Harrison Seaport Global | Buy | $150 | Upgrade | Aug 1, 2024 |
Charles Shi Needham | Buy | $150 | Reiterates | Aug 1, 2024 |
John Roberts Mizuho | Outperform | $143 | Upgrade | Aug 1, 2024 |
Bhavesh Lodaya BMO Capital | Outperform | $145 | Maintains | Aug 1, 2024 |
Melissa Weathers Deutsche Bank | Buy | $145 | Maintains | Aug 1, 2024 |
Melissa Weathers Deutsche Bank | Buy | $160 | Maintains | Jun 26, 2024 |
Melissa Weathers Deutsche Bank | Buy | $160 | Reinstates | Jun 20, 2024 |
Charles Shi Needham | Buy | $150 | Reiterates | May 13, 2024 |
John Roberts Mizuho | Neutral | $143 | Maintains | May 2, 2024 |
Charles Shi Needham | Buy | $150 | Reiterates | May 1, 2024 |
Charles Shi Needham | Buy | $150 | Reiterates | Mar 7, 2024 |
Chris Parkinson Wolfe Research | Outperform | Initiates | Mar 1, 2024 | |
John Roberts Mizuho | Neutral | $140 | Downgrade | Feb 20, 2024 |
Atif Malik Citigroup | Neutral | $134 | Maintains | Feb 16, 2024 |
Bhavesh Lodaya BMO Capital | Outperform | $160 | Maintains | Feb 16, 2024 |
Aleksey Yefremov Keybanc | Overweight | $164 | Maintains | Feb 15, 2024 |
Charles Shi Needham | Buy | $150 | Maintains | Feb 15, 2024 |
Christian Schwab Craig-Hallum | Buy | $150 | Upgrade | Feb 15, 2024 |
Toshiya Hari Goldman Sachs | Buy | $147 | Maintains | Feb 15, 2024 |
When did it IPO
2000
Staff Count
8,000
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Mr. Bertrand Loy
Market Cap
$16.94B
In 2023, ENTG generated $3.52B in revenue, which was a increase of 7.37% from the previous year. This can be seen as a signal that ENTG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Entegris, Inc. appointed Mary Puma, former CEO of Axcelis Technologies, to its board of directors, increasing total members to eight.
Why It Matters - Mary Puma's appointment to Entegris' board enhances leadership experience, potentially driving strategic growth and innovation, which can positively influence stock performance.
Summary - Entegris, Inc. has signed a long-term supply agreement with onsemi to provide CMP solutions for silicon carbide, enhancing its role in the semiconductor sector.
Why It Matters - The long-term supply agreement between Entegris and onsemi strengthens partnerships in the semiconductor sector, signaling growth potential and stability in revenue streams for Entegris.
Summary - Entegris Inc has signed a long-term supply agreement with ON Semiconductor to provide solutions for manufacturing silicon carbide-based semiconductors.
Why It Matters - The long-term supply agreement between Entegris and ON Semiconductor signals increased demand for SiC semiconductors, potentially boosting revenues and growth prospects for both companies.
Summary - Entegris, Inc. (NASDAQ: ENTG) will hold its Q2 2024 earnings conference call on July 31, 2024, at 9:00 AM ET, featuring key executives and analysts from major financial institutions.
Why It Matters - The earnings call provides insights into Entegris' financial performance, strategic direction, and market positioning, which are critical for assessing investment potential and risk.
Summary - Entegris, Inc. (NASDAQ: ENTG) reported a 10% sequential sales increase for Q2 2024, with growth across all divisions and most product lines. 2024 is noted as a transition year for the company.
Why It Matters - Entegris' strong sales growth across all divisions signals robust demand and operational effectiveness, potentially enhancing investor confidence and stock performance.
Summary - Entegris (ENTG) reported Q3 earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.70 and up from $0.66 per share year-over-year.
Why It Matters - Entegris' earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued investor confidence and stock price appreciation.