Latest news with #BESemiconductor
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Applied Materials' R&D Investment is Climbing: Can it Deliver Results?
Applied Materials AMAT is heavily investing in research and development (R&D) to drive its long-term growth and leadership in the semiconductor supply chain. AMAT's R&D expenses have risen to double digits in fiscal 2025 from single-digit rise in fiscal 2025. In the second quarter of fiscal 2025, AMAT's R&D expenses grew 13.8% year over year. AMAT's recent efforts in R&D include the establishment of its Equipment and Process Innovation and Commercialization (EPIC) center, joint-lab collaboration with CEA-Leti and the co-development of a fully integrated equipment solution for die-based hybrid bonding with BE Semiconductor Industries. Applied Materials' EPIC center was launched to shorten learning cycles and pace up customers' time-to-market. AMAT plans to house teams from leading chipmaking companies in the EPIC facility to enhance technologies like gate-all-around transistors, backside power delivery, and advanced packaging under a co-innovation model. AMAT's collaboration with CEA-Leti is aimed at accelerating innovation in energy-efficient, specialty semiconductors critical to AI data centers, IoT, communications, automotive and power-based use cases. To strengthen its control over the hybrid bonding equipment space, AMAT acquired a 9% stake in BE Semiconductor Industries, making it the company's largest shareholder. Applied Materials has been able to expand its R&D capabilities without margin contraction. Its operating margin has shown a long-term upward trend, coming at 30.7% in the second quarter of fiscal 2025, which rose 170 basis points year over year. How Competitors Fare Against AMAT Lam Research LRCX and KLA Corporation KLAC are also key players like Applied Materials in the semiconductor supply chain space. Lam Research directly competes with AMAT in the etch and deposition vertical while KLA Corporation competes in metrology and inspection. However, Lam Research's investment in its R&D has been on a constant decline throughout the past four quarters. In the third quarter of fiscal 2025, LRCX's R&D expenses were 11.1% of its top line, whereas in the year-ago quarter, it comprised 12.5% of the top line. As a percentage of revenues, KLA Corporation's R&D expenses also declined in the third quarter of fiscal 2025. In the third quarter fiscal 2025, KLAC's R&D expenses comprised 11% of the top line, however, in the year-ago quarter, it was 14%. AMAT's Price Performance, Valuation and Estimates Shares of Applied Materials have gained 15.1% year to date compared with the Zacks Computer and Technology sector's growth of 9.8%. AMAT YTD Price Performance Chart From a valuation standpoint, Applied Materials trades at a forward price-to-sales ratio of 5X, lower than the sector's average of 6.68X. AMAT Forward 12 Months (P/S) Valuation Chart The Zacks Consensus Estimate for Applied Materials' fiscal 2025 and 2026 earnings implies year-over-year growth of 9.48% and 5.60%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward in the past 60 days and 30 days, respectively. Applied Materials currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KLA Corporation (KLAC): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report
Business Insider
16-07-2025
- Business
- Business Insider
BE Semiconductor (0XVE) Receives a Buy from Kepler Capital
In a report released on July 14, Ruben Devos from Kepler Capital maintained a Buy rating on BE Semiconductor, with a price target of €135.00. The company's shares closed last Monday at €124.08. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Devos is a 3-star analyst with an average return of 3.2% and a 51.25% success rate. Devos covers the Industrials sector, focusing on stocks such as BE Semiconductor, ASM International NV, and Aalberts Industries N.V.. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BE Semiconductor with a €126.74 average price target. Based on BE Semiconductor's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €144.15 million and a net profit of €31.51 million. In comparison, last year the company earned a revenue of €146.31 million and had a net profit of €33.98 million
Bloomberg
12-06-2025
- Business
- Bloomberg
Stock Movers: Besi Up, TUI Down, Tesco Up
On this episode of Stock Movers: - BE Semiconductor shares soar as much as 11% to the highest levels since January, after the chip equipment maker raised its long-term revenue and margin outlook ahead of its investor day. - Airline stocks are among the worst performers in Europe, after US peers suffered sharp drops on Wednesday when data showed airfares slippping for the fourth straight month. Airlines also face the prospect of higher jet fuel costs, with crude prices up 3.6% on a two-day basis. - Tesco Plc's sales increased more than expected as the supermarket chain sold more premium and own-brand products.
Business Insider
29-05-2025
- Business
- Business Insider
Kepler Capital Sticks to Its Hold Rating for BE Semiconductor (0XVE)
In a report released on May 27, Ruben Devos from Kepler Capital maintained a Hold rating on BE Semiconductor (0XVE – Research Report), with a price target of €104.00. The company's shares closed last Tuesday at €108.37. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Devos covers the Industrials sector, focusing on stocks such as BE Semiconductor, Aalberts Industries N.V., and TKH Group N.V.. According to TipRanks, Devos has an average return of -0.8% and a 41.56% success rate on recommended stocks. BE Semiconductor has an analyst consensus of Moderate Buy, with a price target consensus of €118.90.
