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Advantest Corp (ATEYY)
OTHER OTC:ATEYY
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Advantest (ATEYY) Price & Analysis

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ATEYY Stock Chart & Stats

$127.60
$2.84(4.69%)
At close: 4:00 PM EST
$127.60
$2.84(4.69%)

Bulls Say, Bears Say

Bulls Say
Margin ExpansionMaterial margin expansion in 2026 demonstrates strong operating leverage and structural profitability in Advantest’s ATE business. Sustained high gross and operating margins support continued R&D, tooling and service investments, enabling durable competitive advantage and cash generation through product cycles.
Conservative Balance SheetExtremely low leverage and expanding equity provide financial flexibility to fund capex, product development and aftermarket growth without reliance on external debt. This reduces refinancing risk across cycles and preserves optionality for buybacks or strategic M&A when opportunities arise.
Strong Free Cash Flow ConversionHigh FCF conversion in recent years means earnings are largely cash-backed, enabling sustainable reinvestment into test-platform development and aftermarket services. Reliable cash generation supports long-term competitiveness and reduces dependence on external financing in expansion phases.
Bears Say
Cyclical Demand ExposureAdvantest’s revenues and equipment orders are tied to semiconductor capex cycles; downturns can quickly depress system demand and delay customer acceptance. Such cyclicality can reverse margin gains and create lumpy revenue and investment timing risk over the medium term.
Sustainability Of Elevated ReturnsROE near ~50% in 2026 reflects exceptional performance, but these peak returns may revert toward historical norms in softer demand periods. A reversion would pressure profitability metrics and could constrain investment or shareholder returns if margins normalize.
Volatile Cash ConversionDespite strong FCF in 2025–26, prior working-capital swings in 2024 show cash conversion can be inconsistent. This variability complicates multi-quarter planning for capex and R&D, and raises the risk of liquidity strain if weaker demand coincides with elevated investment needs.

Advantest News

ATEYY FAQ

What was Advantest Corp’s price range in the past 12 months?
Advantest Corp lowest stock price was $64.91 and its highest was $198.32 in the past 12 months.
    What is Advantest Corp’s market cap?
    Advantest Corp’s market cap is $128.00B.
      When is Advantest Corp’s upcoming earnings report date?
      Advantest Corp’s upcoming earnings report date is Jul 29, 2026 which is in 41 days.
        How were Advantest Corp’s earnings last quarter?
        Advantest Corp released its earnings results on Apr 27, 2026. The company reported $1.093 earnings per share for the quarter, beating the consensus estimate of $0.899 by $0.194.
          Is Advantest Corp overvalued?
          According to Wall Street analysts Advantest Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Advantest Corp pay dividends?
            Advantest Corp pays a Semiannually dividend of $0.188 which represents an annual dividend yield of 0.18%. See more information on Advantest Corp dividends here
              What is Advantest Corp’s EPS estimate?
              Advantest Corp’s EPS estimate is 0.97.
                How many shares outstanding does Advantest Corp have?
                Advantest Corp has 732,000,000 shares outstanding.
                  What happened to Advantest Corp’s price movement after its last earnings report?
                  Advantest Corp reported an EPS of $1.093 in its last earnings report, beating expectations of $0.899. Following the earnings report the stock price went up 3.737%.
                    Which hedge fund is a major shareholder of Advantest Corp?
                    Currently, no hedge funds are holding shares in ATEYY
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Advantest Corp

                      Advantest Corporation, a Japanese entity founded in Tokyo in 1954, specializes in the development and distribution of semiconductor and component testing equipment, alongside various mechatronics solutions. Its operations are broadly categorized into three core divisions: Semiconductor and Component Test Systems, Mechatronics Systems, and Services, Support & Other. The Semiconductor and Component Test Systems division provides advanced testing machinery tailored for both the semiconductor and electronic parts sectors, including specialized systems for System-on-Chip (SoC) and memory semiconductor devices. Under the Mechatronics Systems division, Advantest produces test handlers, mechatronic devices designed for the precise handling of semiconductor devices, and essential device interfaces crucial for measurement. This segment also engages in initiatives related to nano-technology. The Services, Support & Other division delivers comprehensive client solutions and robust support for the company's test systems and mechatronics product lines. Additionally, this segment manages the sale of consumables, pre-owned equipment, and an equipment leasing business. Advantest actively invests in research and development, continuously advancing measuring and testing methodologies. The company serves a diverse global clientele, which includes fabless semiconductor firms, foundries, and specialized test houses, as well as industrial, design, and manufacturing enterprises across Japan, the broader Asian region, the United States, and Europe. Furthermore, Advantest has established strategic alliances, notably with STMicroelectronics for the creation of advanced automated test cells for IC testing, and a partnership with PDF Solutions Inc. focused on cloud-based software solutions.

                      Advantest (ATEYY) Earnings & Revenues

                      ATEYY Company Deck

                      ATEYY Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      Advantest Corporation reported a strong financial performance in FY 2024 with record-high sales and profits, and a positive outlook for continued demand in AI-related semiconductor testing for FY 2025. However, challenges such as impairment losses, increased tax rates, and market competition present some risks.View all ATEYY earnings summaries
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                      Ownership Overview

                      <0.01%<0.01%99.98%
                      Insiders
                      <0.01% Other Institutional Investors
                      99.98% Public Companies and
                      Individual Investors

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