Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) had its target price increased by Needham & Company LLC from $105.00 to $115.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s price target would suggest a potential upside of 26.44% from the stock’s current price.
KLIC has been the subject of several other research reports. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $61.75.
Check Out Our Latest Research Report on Kulicke and Soffa Industries
Kulicke and Soffa Industries Price Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The firm had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. During the same period last year, the company earned $0.07 earnings per share. The business’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts forecast that Kulicke and Soffa Industries will post 2.85 EPS for the current fiscal year.
Insider Transactions at Kulicke and Soffa Industries
In related news, Director Peter T. M. Kong sold 1,551 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the completion of the sale, the director owned 100,009 shares in the company, valued at $11,000,990. The trade was a 1.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the sale, the senior vice president owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 98,051 shares of company stock worth $11,333,480. Company insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Kulicke and Soffa Industries
A number of hedge funds have recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in shares of Kulicke and Soffa Industries in the 1st quarter worth $26,000. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries in the third quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth approximately $30,000. EverSource Wealth Advisors LLC increased its stake in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 933 shares in the last quarter. Finally, Salomon & Ludwin LLC increased its stake in shares of Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 254 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.
Trending Headlines about Kulicke and Soffa Industries
Here are the key news stories impacting Kulicke and Soffa Industries this week:
- Positive Sentiment: Fiscal Q3 revenue rose 122.6% year over year to $330.4 million. Non-GAAP EPS was $1.20, exceeding the roughly $1.00-$1.06 consensus range, while the prior-year quarter produced only $0.07 per share. Kulicke & Soffa Reports Third Quarter 2026 Results
- Positive Sentiment: Management’s fiscal Q4 outlook was stronger than expected, with EPS guidance of $1.278-$1.562 versus consensus of $1.090 and revenue guidance of $355 million-$395 million versus estimates of $328.8 million. Kulicke and Soffa Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: K&S is accelerating thermal compression bonding (TCB) capacity expansion as semiconductor demand rebounds. The company is targeting more than $100 million in fiscal 2026 TCB revenue and approximately $400 million in annual system capacity, supporting longer-term growth. KLIC Q2 Earnings Call Highlights TCB Capacity Expansion
- Neutral Sentiment: The earnings call highlighted stronger sales and improving inventory levels, indicating that the semiconductor equipment recovery is gaining traction, though investors will look for evidence that the rebound is sustainable. KLIC Q3 2026 Earnings Call Transcript
- Negative Sentiment: Despite the earnings and guidance beats, the shares have decreased, suggesting profit-taking or a “buy the rumor, sell the news” reaction. With KLIC trading at a high earnings multiple, investors may already have priced in much of the recovery and are demanding continued execution.
Kulicke and Soffa Industries Company Profile
Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.
Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.
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