Needham & Company LLC Forecasts Strong Price Appreciation for Entegris (NASDAQ:ENTG) Stock

Entegris (NASDAQ:ENTG) had its target price raised by equities researchers at Needham & Company LLC from $165.00 to $170.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s target price indicates a potential upside of 17.60% from the stock’s current price.

Several other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th. Mizuho raised their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. UBS Group lifted their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $164.78.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $144.56 on Wednesday. Entegris has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a 50-day moving average price of $144.50 and a 200 day moving average price of $134.15. The company has a market cap of $22.05 billion, a P/E ratio of 83.56, a PEG ratio of 1.46 and a beta of 1.35. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same period in the prior year, the business posted $0.66 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts predict that Entegris will post 3.65 earnings per share for the current year.

Insider Activity at Entegris

In related news, SVP Joseph Colella sold 6,326 shares of Entegris stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the sale, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. The trade was a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,466 shares of company stock valued at $6,186,624 in the last ninety days. 0.53% of the stock is owned by insiders.

Institutional Investors Weigh In On Entegris

Hedge funds and other institutional investors have recently modified their holdings of the company. California Public Employees Retirement System lifted its stake in shares of Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC grew its stake in Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina boosted its position in shares of Entegris by 1.6% in the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. grew its holdings in Entegris by 3.8% in the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC purchased a new stake in Entegris in the second quarter valued at approximately $241,000.

Key Entegris News

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Entegris reported adjusted earnings of $0.93 per share on revenue of $883.2 million, exceeding consensus estimates of $0.82 and $835.8 million, respectively. Revenue rose 11.5% year over year, while earnings increased from $0.66 per share in the prior-year quarter. Entegris Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Third-quarter guidance was stronger than expected: adjusted EPS of $0.96–$1.04 versus a $0.92 consensus estimate, and revenue of $905 million–$935 million versus an $875.9 million estimate. Entegris Earnings Results and Conference Call
• Positive Sentiment: Management cited AI-driven chip demand, advanced-node manufacturing activity and record liquid-filtration performance. Gross margin reached 47.6%, its highest level since early 2022, suggesting improved product mix and operating leverage. Entegris Jumps on Q2 Beat and Stronger Guidance
• Positive Sentiment: The company reduced debt by another $200 million during the quarter, and Freedom Capital upgraded Entegris to “strong buy,” adding to the favorable reaction. ENTG Q2 Deep Dive
• Neutral Sentiment: Entegris is refocusing its portfolio while benefiting from semiconductor industry recovery and AI investment. At roughly 83.6 times earnings, the stock’s valuation leaves less room for execution or guidance disappointments.
• Negative Sentiment: Recent insider-trading data shows multiple executives selling shares and no reported insider purchases over the past six months. While such sales may be routine, they could temper some investor enthusiasm.

Entegris Company Profile

Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.

Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.