Entegris Sees Price Target Raised to $95, Q4 Revenue at $823.9M
On Feb 11, Goldman Sachs lifted its Entegris price target to $95 from $75 and maintained a Sell rating as Q4 revenue topped forecasts. Entegris posted Q4 revenue of $823.9 million versus $811.3 million consensus and EPS near guidance top, projecting stronger cash generation and deleveraging in 2026.
1. Analyst Price Target Changes
On February 11, Goldman Sachs raised its Entegris price target to $95 from $75 and maintained a Sell rating based on the recent beat on results and outlook. On the same day, BMO Capital increased its target to $148 with an Outperform rating, while Citi lifted its target to $155 and kept a Buy rating.
2. Fourth-Quarter Financial Results
Entegris reported Q4 revenue of $823.9 million versus $811.3 million consensus, with adjusted EBITDA margin and non-GAAP EPS near the high end of guidance. CEO Dave Reeder highlighted strength in liquid filtration, selective etch and CMP consumables, noting increasing volumes in advanced technologies drove unit-driven growth.
3. 2026 Outlook and Balance-Sheet Strategy
The company expects continued improvement in cash generation during 2026 to accelerate balance-sheet deleveraging and leverage spare capacity from MSI and industry capex growth. Analysts are watching for clearer signs of a sustained cyclical upturn in the CapEx market and further evidence of operational execution improvement.