Information Technology

Semiconductor Materials & Equipment

11 companies under coverage.

Coverage

Semiconductor Materials & Equipment

KLA Corporation (KLAC)

BUY. 12-month probability-weighted target $245 (+25% vs spot). P/E Multiple explains 82% of Monte Carlo outcome variance.

KLACEquity ResearchMonte Carlo

12 October 2026Rating: BUY · Fair value vs price +7.2%

Equity Research

Qnity Electronics, Inc (Q)

BUY. 12-month probability-weighted target $151 (+19% vs spot). P/E Multiple explains 65% of Monte Carlo outcome variance.

QEquity ResearchMonte Carlo

12 October 2026Rating: BUY · Fair value vs price +6.3%

Equity Research

Enphase Energy Inc (ENPH)

HOLD. 12-month probability-weighted target $34 (+4% vs spot). P/E Multiple explains 67% of Monte Carlo outcome variance.

ENPHEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price +3.4%

Equity Research

Applied Materials Inc (AMAT)

HOLD. 12-month probability-weighted target $621 (+23% vs spot). P/E Multiple explains 79% of Monte Carlo outcome variance.

AMATEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -1.2%

Equity Research

MKS Instruments Inc (MKSI)

HOLD. 12-month probability-weighted target $285 (+8% vs spot). P/E Multiple explains 68% of Monte Carlo outcome variance.

MKSIEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -5.0%

Equity Research

Advanced Energy Industries Inc (AEIS)

HOLD. 12-month probability-weighted target $277 (-4% vs spot). P/E Multiple explains 71% of Monte Carlo outcome variance.

AEISEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -6.8%

Equity Research

Lam Research Corp (LRCX)

HOLD. 12-month probability-weighted target $309 (-3% vs spot). P/E Multiple explains 72% of Monte Carlo outcome variance.

LRCXEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -10.4%

Equity Research

Onto Innovation Inc (ONTO)

HOLD. 12-month probability-weighted target $272 (-8% vs spot). P/E Multiple explains 81% of Monte Carlo outcome variance.

ONTOEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -12.2%

Equity Research

FormFactor Inc (FORM)

HOLD. 12-month probability-weighted target $150 (+7% vs spot). P/E Multiple explains 74% of Monte Carlo outcome variance.

FORMEquity ResearchMonte Carlo

12 October 2026Rating: HOLD · Fair value vs price -12.9%

Equity Research

Teradyne Inc (TER)

SELL. 12-month probability-weighted target $353 (-12% vs spot). P/E Multiple explains 75% of Monte Carlo outcome variance.

TEREquity ResearchMonte Carlo

12 October 2026Rating: SELL · Fair value vs price -29.9%

Equity Research

Entegris Inc (ENTG)

SELL. 12-month probability-weighted target $131 (-21% vs spot). P/E Multiple explains 62% of Monte Carlo outcome variance.

ENTGEquity ResearchMonte Carlo

12 October 2026Rating: SELL · Fair value vs price -31.9%