Entegris: Q3 Earnings Snapshot

Needham reaffirmed its Buy rating for Entegris and increased its price target to $185 from $170, citing an 8.8% increase. The new target suggests a 15.6% upside from the Oct 29 closing price of $160. Other recent analyst price targets for Entegris range from $185 to $212.

Entegris Inc (ENTG) reported Q3 2026 revenue of $1.006B, up 25% YoY, with record margins and strong demand. Q1 2027 revenue is expected to decline mid-single-digit sequentially due to seasonality. The company has significant capacity to support 2027 demand and beyond, but near-term profitability may be impacted by facility dilutions and supply chain constraints.

Entegris reported Q3 2026 revenue of $1B, up due to AI-driven demand. Adjusted gross margin hit 48.9%, a 25-year high. Q4 guidance expects revenue growth, but Q1 2027 may see a mid-single-digit decline. The company repaid its 2029 term loan, improving financial flexibility. Capital expenditures are projected at $200M for 2026, down from the prior year.

Entegris reported Q3 2026 revenue of $1.01B, up 24.6% YoY, and EPS of $1.03, up 123.9% YoY. Net income rose 123.8% to $157.8M. Growth was driven by demand in both business segments, with APS sales up 31% and MS sales up 16%. The company cited trade measures and geopolitical risks as potential challenges.

Entegris (ENTG) and Silicon Motion (SIMO) rose on Thursday following positive earnings reports. Entegris reported adjusted earnings of $1.23 per share for Q3. Both companies are on the IBD Tech Leaders list.

Entegris (ENTG) reported Q3 2026 revenue of $1.006B, up 25% YoY, with strong growth in APS and MS segments. Gross margin improved to 48.9%, and adjusted EBITDA margin reached 30.2%. The company saw double-digit growth in North America and Asia, with significant wins in semiconductor materials and filtration applications. Backlog increased 35% sequentially, and the company expects continued growth in 2026.