Analyst John Roberts CFA from Mizuho Securities maintained a Buy rating on Entegris (ENTG – Research Report) and keeping the price target at $120.00.
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John Roberts CFA has given his Buy rating due to a combination of factors including Entegris’s strong performance in certain segments and its strategic positioning. The report highlights that Entegris experienced significant growth in its Materials Solutions and Advanced Purity Solutions segments, with both showing a quarter-over-quarter increase in sales and earnings before interest and taxes (EBIT). Particularly, the Materials Solutions segment saw growth driven by increasing demand in wafer starts, while the Advanced Purity Solutions segment benefitted from higher sales in liquid and gas filters and dispense pumps.
Additionally, despite a cautious outlook reflected in the revised earnings per share (EPS) estimates for 2025 and 2026, Entegris’s price target remains steady at $120. This stability, coupled with the anticipated growth in advanced logic and AI-related applications, supports the Buy recommendation. Furthermore, Entegris’s expanding presence in China, now its largest sales country, presents opportunities despite potential trade issues, contributing positively to the long-term outlook.
According to TipRanks, Roberts CFA is a 4-star analyst with an average return of 4.8% and a 59.17% success rate. Roberts CFA covers the Basic Materials sector, focusing on stocks such as Cabot, Dow Inc, and Albemarle.
In another report released today, KeyBanc also maintained a Buy rating on the stock with a $141.00 price target.