MKS Q2 revenue rises 28%, beats analyst estimates on AI growth
MKSI•Third-quarter outlook
MKS said it sees third-quarter revenue of $1.35 billion, plus or minus $40 million, and expects non-GAAP EPS of $3.58, plus or minus $0.31.
The company said the outlook reflects the impact of U.S. tariffs and retaliatory actions.
Q2 results beat estimates
MKS said second-quarter revenue rose 28% and beat analyst expectations, helped by AI-driven growth across end markets.
The semiconductor technology supplier reported Q2 revenue of $1.25 billion, ahead of the $1.21 billion consensus estimate from 12 analysts. Adjusted EPS was $2.41, and net income was $175 million. Pretax profit came to $213 million.
Analyst coverage and valuation
The current average analyst rating on the shares is buy, with 13 strong buy or buy ratings, 1 hold, and 1 sell or strong sell.
The median 12-month price target for MKS Incorporated is , about above its August 4 closing price of . The stock recently traded at next 12-month earnings, versus three months ago.
