Vishay Intertechnology posts record quarterly revenue in Q3, beating estimates

Overview

• US semiconductor and components maker's fiscal Q3 revenue rose 24% yr/yr, beating analyst expectations

• Gross margin for fiscal Q3 rose to 25.5%, up 600 basis points from prior year

• Diluted EPS for fiscal Q3 rose to $0.37, driven by margin improvement

Outlook

• Vishay expects Q4 2026 revenue between $990 mln +/- $15 mln

• Company forecasts Q4 2026 gross margin of 26.0% +/- 50 basis points

Result Drivers

• RECORD REVENUE - Co said Q3 revenue was highest quarterly revenue in its history, helped by strong performance across all technologies

• MARGIN IMPROVEMENT - Co attributed 600 basis point gross margin increase to revenue growth and execution under Vishay 3.0

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Vishay Intertechnology, Inc. is $43.50, about 59.8% above its November 3 closing price of $27.22

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 28 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)