Kulicke & Soffa price target raised to $39 from $35 at B. Riley

B. Riley raised the firm’s price target on Kulicke & Soffa to $39 from $35 and keeps a Neutral rating on the shares. Kulicke & Soffa delivered better-than-expected Q4 results with strength across most end markets and what appears to be a temporary gross-margin dip rather than a structural issue, the analyst tells investors in a research note. Management’s outlook and improving Memory utilization are encouraging, and several company-specific growth drivers could begin contributing in FY26-FY27, though a more conservative near-term stance remains appropriate given limited exposure to AI-driven demand, the analyst says.