Kulicke and Soffa Industries (NASDAQ:KLIC) Price Target Raised to $64.00 at Needham & Company LLC

Kulicke and Soffa Industries (NASDAQ:KLIC) had its target price increased by equities research analysts at Needham & Company LLC from $57.00 to $64.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 11.21% from the company’s current price.

Other research analysts have also issued reports about the company. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. B. Riley reaffirmed a “neutral” rating and set a $39.00 price target (up previously from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. DA Davidson reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Wall Street Zen cut Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $49.00.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $57.55 on Tuesday. The company’s fifty day moving average is $46.86 and its 200-day moving average is $41.10. Kulicke and Soffa Industries has a 52 week low of $26.63 and a 52 week high of $59.79. The company has a market capitalization of $3.01 billion, a PE ratio of -2,876.06 and a beta of 1.63.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.06. Kulicke and Soffa Industries had a net margin of 0.03% and a negative return on equity of 1.64%. The firm’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, analysts forecast that Kulicke and Soffa Industries will post 0.93 EPS for the current year.

Insider Activity

In other news, SVP Nelson Munpun Wong sold 30,000 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $56.53, for a total value of $1,695,900.00. Following the sale, the senior vice president directly owned 126,369 shares of the company’s stock, valued at approximately $7,143,639.57. This represents a 19.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $45.00, for a total transaction of $45,000.00. Following the completion of the sale, the general counsel owned 23,714 shares of the company’s stock, valued at $1,067,130. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,004 shares of company stock worth $1,991,450 over the last 90 days. 3.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KLIC. True Wealth Design LLC lifted its holdings in Kulicke and Soffa Industries by 7,609.1% during the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 837 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries in the third quarter valued at about $29,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth about $33,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Kulicke and Soffa Industries by 2,665.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in Kulicke and Soffa Industries during the second quarter worth approximately $34,000. 98.22% of the stock is owned by institutional investors and hedge funds.

About Kulicke and Soffa Industries

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.