Why Kulicke & Soffa Stock Slumped by Nearly 10% Today
Raj Talluri will formally become the tech hardware company's new CEO on Sept. 1. He has significant managerial experience in the sector.
Raj Talluri will formally become the tech hardware company's new CEO on Sept. 1. He has significant managerial experience in the sector.
On August 18, 2026, Kulicke and Soffa Industries Inc (KLIC) shares fell 9.5% to a current price of $92.06, a notable decline amid a 52-week trading range of $35.0
SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company") today announced that it has named Dr. Raj Talluri as President and Chief Executive Officer ("CEO") effective September 1, 2026. He was also elected to the Board of Directors of K&S, effective August 17, 2026.
Kulicke and Soffa is rated Buy, with a $114 price target, reflecting confidence in its dual growth engines and balance sheet strength. KLIC's legacy wire-bonding franchise funds its transition to advanced packaging, while new products like APTURA and ProMEM drive future earnings. Management expects thermo-compression bonding revenue to exceed $100M in FY26 and reach $150–$200M in FY27, supporting modest multiple expansion.
Kulicke and Soffa Industries NASDAQ: KLIC reported fiscal third-quarter revenue growth that exceeded its expectations, as demand from general semiconductor and memory customers accelerated and the company expanded production capacity to support customer requirements.
Kulicke and Soffa Industries, Inc. (KLIC) Q3 2026 Earnings Call Transcript
KLIC accelerates TCB expansion as demand rebounds, targeting over $100 million in fiscal 2026 revenue and $400 million in annual system capacity.
Kulicke and Soffa (KLIC) came out with quarterly earnings of $1.2 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.07 per share a year ago.
SINGAPORE, Aug. 5, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its third fiscal quarter ended July 4, 2026. The Company reported third quarter net revenue of $330.4 million, net income of $57.4 million, representing EPS of $1.07 per fully diluted share, and non-GAAP net income of $64.2 million, representing non-GAAP EPS of $1.20 per fully diluted share.
KLIC heads into Q3 earnings with expected revenue growth as AI packaging demand, TCB adoption and automotive strength support results despite margin risks.
Heading into August 2026, the S&P 500 seems to be experiencing a sluggish summer, although the market remains up about 8% year to date (YTD). This is despite a protracted sell-off in the AI industry that has rattled some of the biggest gainers this year.
SINGAPORE, July 22, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in semiconductor assembly technology, today announced that a conference call is scheduled to discuss the Company's third fiscal quarter 2026 financial results and its business outlook, on Thursday, August 6, 2026, at 8:00 am ET. The Company will issue its third fiscal quarter 2026 financial results on Wednesday, August 5, 2026, after 4:00 pm ET.
On July 13, 2026, Kulicke and Soffa Industries Inc (KLIC) shares experienced a decline of 6.1%, bringing the current price to $106.43. This drop is notable in the
Does Kulicke and Soffa (KLIC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Kulicke and Soffa , Ultra Clean and Veeco have been highlighted in this Industry Outlook article.
The Zacks Electronics - Manufacturing Machinery industry participants, such as KLIC, UCTT and VECO, are benefiting from strong demand for high-performance computing, advanced packaging and AI-driven demand amid challenging macroeconomic conditions.
SVP Nelson Wong sold 15,000 shares on June 12, 2026, generating a transaction value of ~$1.71 million at a weighted average price of around $113.72 per share. This disposition represented 17.37% of Wong's direct holdings at the time of the transaction.
Kulicke and Soffa (KLIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
The semiconductor sector ripped 8.8% in a single week, with the SMH ETF closing at $619.96 on June 12, 2026, reclaiming levels above both Tuesday's and Friday's highs after getting hard hit last Friday.
On June 08, 2026, Kulicke and Soffa Industries Inc (KLIC) shares rose 4.5% today, with the current price standing at $102.53. The stock has experienced significan