Vishay Q4 revenue rises 1.3%, beats expectations

Overview

• Semiconductor maker's fiscal Q4 revenue rose 1.3% sequentially, beating analyst expectations

• Adjusted EPS for fiscal Q4 missed analyst estimates

• Company's book-to-bill ratio was 1.20, indicating strong order intake

Outlook

• Vishay expects Q1 2026 revenue between $800 mln and $830 mln

• Company anticipates Q1 2026 gross margin of 19.9% +/- 50 basis points

Result Drivers

• DEMAND FOR INDUSTRIAL AND AI APPLICATIONS - Co attributed revenue growth to increased demand for industrial and AI-related power applications

• STRONG ORDER INTAKE - Co reported a book-to-bill ratio of 1.20, indicating strong order intake

• NEWPORT IMPACT - Gross margin included negative impact of approximately 130 basis points related to Newport

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Vishay Intertechnology Inc is $15.00, about 27.7% below its February 3 closing price of $20.74

• The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nGNX7dNgTV

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