Technoprobe shares fall on guidance trim
** Shares in Italy's Technoprobe TPRO.MI are down 6% after the semiconductor testing company trimmed its 2026 revenue outlook
** Q3 revenue was slightly ahead of consensus at €323 million ($357.82 million), while Q4 guidance is below consensus mostly due to disruptions in manufacturing and higher labour costs
** Company sees now 2026 revenue between €1.05 billion and €1.07 billion ($1.17 billion - $1.19 billion), down from a previous range of €1.05 billion to €1.10 billion
** Technoprobe expects to reach €1.6 billion in manufacturing capacity by Q1 2027 and €2 billion by FY 2027, a conservative estimate according to J.P. Morgan
** "Customer demand can support this ramp in supply," says broker
** JPM confirms "Overweight" rating with a new June 2028 price target of €38, down from €45
** Deutsche Bank also cuts PT to €45 from €50, saying that Technoprobe's Q4 guidance was "disappointing" but "entirely explained" by temporary manufacturing disruption
** Out of 12 analysts that cover Technoprobe, 10 rate the stock "buy" and 2 rate "hold" - LSEG data
($1 = 0.9027 euros)