Entegris (ENTG)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-09
$143.03+1.38%
Close 2026-09-09 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-09
Warn: Primary pillar under pressure — Revenue grows at least 5% year-over-year: Q2 FY26 +11.0% vs 5% target.
Entegris grows revenue about 5% yearly from advanced manufacturing. Profit margins improved to 46.9% gross and 23.6% operating. Operating cash flow rose to $183M, and debt fell. The company pays a steady $0.10 quarterly dividend.
The recent 7% one-day selloff and 27% drawdown show risk. Growth could slow below 5%. Margins and cash flow may weaken if demand softens. Dividend and debt targets face pressure.
The price is about 10% below our fair value near $138, reflecting roughly 13% revenue growth expected by analysts. Our fair value is 21% below the Street median, indicating cautious optimism versus peers.
Breaks if: Dividend per share falls below $0.10 in FY26
Continue paying a quarterly cash dividend of $0.10 per share to shareholders.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on revenue growth and profitability. The current thesis state is intact, supported by strong recent financial performance, but management's volatility adds an element of uncertainty.
The market currently prices ENTG at a premium compared to peers, reflecting expectations of continued strong performance. However, there is a gap in expectations, suggesting that the market anticipates some challenges ahead.
Fundamentals are likely to remain strong in the near term, as management is on track with its priorities for revenue growth and margin improvement. However, the high risk level indicates that any missteps could impact performance.
The long-term thesis hinges on management's ability to maintain guidance and deliver on growth initiatives. Additionally, external factors like Federal Reserve rate decisions and performance from sector leaders will play a crucial role in shaping the outlook.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports revenue growth through advanced manufacturing processes. Increased wafer starts also enhance revenue growth objectives. There are no new threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated or confirmed in 3 disclosures including 2026-Q1 and dividend announcements in April and July 2026. Dividend per share has been consistently maintained at $0.10. Management is delivering on this capital allocation priority.
“Dividend per share was $0.10 in 2026-Q1.”
Breaks if: Operating cash flow falls below $140M or debt rises above $3,700M in FY26-Q1
Breaks if: Either margin falls below 46.0% gross or 22.0% operating margin in FY26
Breaks if: YoY revenue growth falls below 5% in FY26
Overall, ENTG's strong fundamentals and management focus provide a solid foundation, but vigilance is needed due to potential risks. Not investment advice.