Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Entegris (ENTG)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-10-23
$134.52+4.84%
Close 2026-10-23 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-10-23
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
5.06 → 5.13 EPS · FY ending Dec 31, 2027 · 9 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 7 to 9; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.
| Measure / period | Management expectations | Analyst expectations |
|---|---|---|
| FY 2026 · Q3 | ||
| Revenue | $905M–$935M | — |
| FY 2026 · Q4 | ||
| Revenue | — | 961.26M |
| EPS | — | 1.115 |
| FY 2026 · Annual | ||
| Revenue | — | 3.58B |
| EPS | — | 3.94 |
| FY 2027 · Annual | ||
| Revenue | ||
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Quarterly cash dividend maintained at $0.10 per share | The company pays a steady $0.10 quarterly dividend. | Intact | Dividend per share falls below $0.10 in FY26 | Dividend per share: $0.10 per share FY2026-Q2; GAAP. Published target: Maintain $0.10 quarterly dividend. Target period is not explicitly aligned with this observation. Source published Aug 4, 20260.1 USD/share · source valueSource reportLast status assessment Oct 24, 2026Measurement sourceconsolidated · GAAP FY2026-Q2 · Period ending Jun 27, 2026 Source: company_financial_results. Reference: a253fe39-f62d-4e78-82f4-74d63a1c8932. Source status: eligible. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
ENTG is a growth-oriented business tied to advanced manufacturing processes and customer capital spending. Its multi-year view is intact, with recent results strong, but management is rated volatile and overall risk is high.
The valuation is expensive versus peers, with a 13% premium, and the valuation measure has risen recently. Expectations appear broadly aligned with fundamentals, though the negative expectations gap suggests the setup is not especially forgiving; the evidence does not show a high level of pricing fragility.
In the recent period, revenue and adjusted margins improved as management’s growth and efficiency priorities stayed on track. Near-term miss risk is described as low, but a past deep miss and recent peer misses remain relevant; a guidance cut on the next call would be a meaningful setback.
Over the next few quarters, the thesis hinges on continued growth from advanced manufacturing processes and customer investment, alongside margin progress. A guidance cut could weaken the near-term setup, while easier Federal Reserve policy or continued strong results from major technology peers could support sector conditions.
For the next one to three years, ENTG has a sound recent operating record and an intact thesis, but its expensive valuation and high risk make sustained execution important. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| — |
4.06B |
| EPS | — | 5.132 |
|---|
Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Stated as a priority in 3 of last 3 quarters. The company consistently declared and paid a quarterly cash dividend of $0.10 per share in 2026-Q1, Q2, and Q3. This reflects management's commitment to maintaining steady capital return to shareholders.
Delivery assessment Oct 24, 2026Operating cash flow at least $183M and long-term debt reduced | Operating cash flow rose to $183M, and debt fell. | Intact | Operating cash flow falls below $140M or debt rises above $3,700M in FY26-Q1 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated as a priority in 3 of last 3 quarters. Operating cash flow increased from $140.4 million in 2026-Q1 to $183.0 million in 2026-Q2, while long-term debt decreased from $3,697.6 million at 2025 year-end to $3,456.0 million at 2026-Q2. Management is delivering on improving cash flow and strengthening the balance sheet. Delivery assessment Oct 24, 2026 |
Adjusted gross margin at or above 46.9%, operating margin at or above 23.6% | Profit margins improved to 46.9% gross and 23.6% operating. | Intact | Either margin falls below 46.0% gross or 22.0% operating margin in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated as a priority in 4 of last 4 quarters. Adjusted gross margin improved from 44.6% in 2025-Q2 to 47.6% in 2026-Q2, and adjusted operating margin increased from 20.9% to 24.5% over the same period. Management's operational initiatives are delivering improved profitability as committed. Delivery assessment Oct 24, 2026 |
Revenue grows at least 5% year-over-year | A primary condition in Entegris's published investment case. The stated target is >=5% YoY. | Under Pressure | YoY revenue growth falls below 5% in FY26 | Revenue growth: 11.46% FY2026-Q2; GAAP. Published target: >=5% YoY. Target period is not explicitly aligned with this observation. Source published Aug 4, 202611.458859 percent · calculatedSource reportLast status assessment Oct 24, 2026Measurement sourceconsolidated · GAAP FY2026-Q2 · Period ending Jun 27, 2026 Source: company_financial_results. Reference: a253fe39-f62d-4e78-82f4-74d63a1c8932. Source status: eligible. Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated as a priority in 4 of last 4 quarters. Revenue grew from $792.4 million in 2025-Q2 to $883.2 million in 2026-Q2, reflecting double-digit growth driven by advanced manufacturing processes and customer capital investments. The trajectory is delivering consistent growth aligned with management's stated focus. Delivery assessment Oct 24, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$4.67 → $5.13 · observed estimates
$3.86B → $4.06B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $4.67 | $3,861,968,660 | 11 / 10 |
| 2026-07-25 | $4.67 | $3,861,968,660 | 11 / 10 |
| 2026-07-26 | $4.67 | $3,861,968,660 | 11 / 10 |
| 2026-07-27 | $4.67 | $3,861,968,660 | 11 / 10 |
| 2026-07-28 | $4.72 | $3,891,668,662 | 6 / 8 |
| 2026-07-29 | $4.70 | $3,865,535,930 | 11 / 10 |
| 2026-07-30 | $4.74 | $3,895,235,925 | 6 / 8 |
| 2026-07-31 | $4.74 | $3,895,235,925 | 6 / 8 |
| 2026-08-01 | $4.74 | $3,895,235,925 | 6 / 8 |
| 2026-08-02 | $4.70 | $3,865,535,930 | 11 / 10 |
| 2026-08-03 | $4.70 | $3,865,535,930 | 11 / 10 |
| 2026-08-04 | $4.70 | $3,865,535,930 | 11 / 10 |
| 2026-08-05 | $4.68 | $3,859,123,570 | 12 / 11 |
| 2026-08-06 | $4.71 | $3,886,123,569 | 6 / 8 |
| 2026-08-07 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-08 | $5.02 | $4,022,822,810 | 12 / 11 |
| 2026-08-09 | $5.02 | $4,022,822,810 | 12 / 11 |
| 2026-08-10 | $5.02 | $4,022,822,810 | 12 / 11 |
| 2026-08-11 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-12 | $5.02 | $4,022,822,810 | 12 / 11 |
| 2026-08-13 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-14 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-15 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-16 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-17 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-18 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-19 | $5.06 | $4,029,968,327 | 7 / 8 |
| 2026-08-20 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-21 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-22 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-23 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-24 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-25 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-26 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-27 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-28 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-29 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-30 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-08-31 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-01 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-02 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-03 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-04 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-05 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-06 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-07 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-08 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-09 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-10 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-11 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-12 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-13 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-14 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-15 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-16 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-17 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-18 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-19 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-20 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-21 | $5.06 | $4,030,001,901 | 7 / 8 |
| 2026-09-22 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-23 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-24 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-25 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-26 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-27 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-28 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-29 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-09-30 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-10-01 | $5.06 | $4,038,502,091 | 7 / 8 |
| 2026-10-02 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-03 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-04 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-05 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-06 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-07 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-08 | $5.07 | $4,042,092,091 | 7 / 8 |
| 2026-10-09 | $5.07 | $4,047,174,628 | 7 / 9 |
| 2026-10-10 | $5.07 | $4,047,174,628 | 8 / 9 |
| 2026-10-11 | $5.07 | $4,047,174,628 | 8 / 9 |
| 2026-10-12 | $5.07 | $4,047,174,628 | 8 / 9 |
| 2026-10-13 | $5.07 | $4,047,174,628 | 8 / 9 |
| 2026-10-14 | $5.09 | $4,047,174,628 | 8 / 9 |
| 2026-10-15 | $5.09 | $4,052,610,076 | 8 / 9 |
| 2026-10-16 | $5.10 | $4,054,901,742 | 9 / 10 |
| 2026-10-17 | $5.10 | $4,054,901,742 | 9 / 10 |
| 2026-10-18 | $5.10 | $4,054,901,742 | 9 / 10 |
| 2026-10-19 | $5.10 | $4,054,901,742 | 9 / 10 |
| 2026-10-20 | $5.10 | $4,054,901,742 | 9 / 10 |
| 2026-10-21 | $5.13 | $4,064,530,234 | 9 / 10 |
| 2026-10-22 | $5.13 | $4,064,530,234 | 9 / 10 |
| 2026-10-23 | $5.13 | $4,064,530,234 | 9 / 10 |
| 2026-10-24 | $5.13 | $4,064,530,234 | 9 / 10 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 12 Buy / Strong Buy · 2 Hold · 1 Sell / Strong Sell
Recent actions · Sep 25–Oct 24 · 1 recorded
0 raises · 0 cuts · 0 unchanged · 3 without a comparable prior
Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Oct 29, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.