MKSI Stock - MKS Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $3.59B | $3.62B | $3.55B | $2.95B | $2.33B |
| Gross Profit | $1.71B | $1.64B | $1.55B | $1.38B | $1.05B |
| Gross Margin | 47.6% | 45.3% | 43.6% | 46.8% | 45.0% |
| Operating Income | $498.00M | $-1,554,000,000 | $617.00M | $699.00M | $454.00M |
| Net Income | $190.00M | $-1,841,000,000 | $333.00M | $551.00M | $350.00M |
| Net Margin | 5.3% | -50.8% | 9.4% | 18.7% | 15.0% |
| EPS | $2.82 | $-27.56 | $5.58 | $9.95 | $6.35 |
MKS Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power solutions products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products. Its Light & Motion segment offers laser products, such as continuous wave and pulsed nanosecond, diode and diode-pumped solid-state, and fiber laser technologies; and photonics products comprising motion control, optical tables and vibration isolation systems, photonic instruments, optics and optical assemblies, opto-mechanical components, temperature sensing products for wafer fabrication systems, and laser and LED measurement products, including laser power and energy meters, laser beam profilers, and optical and photonic subsystems. Its Equipment & Solutions segment provides laser-based systems for printed circuit board (PCB) manufacturing, including flexible interconnect PCB processing systems and high-density interconnect solutions for rigid PCB manufacturing and substrate processing, and multi-layer ceramic capacitor test systems. It serves semiconductor, industrial technologies, life and health sciences, research, and defense markets. It sells its products and services through its direct sales organization, independent distributors, and sales representatives, as well as through its websites and product catalogs. The company was incorporated in 1961 and is headquartered in Andover, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 10th 2025 | Goldman | Initiation | Sell | $90 |
| May 20th 2025 | Deutsche Bank | Upgrade | Buy | $110 |
| January 6th 2025 | Citigroup | Upgrade | Buy | $130 |
| December 13th 2024 | JP Morgan | Initiation | Overweight | $145 |
| September 16th 2024 | Citigroup | Downgrade | Neutral | $120← $145 |
| September 10th 2024 | Cantor Fitzgerald | Initiation | Overweight | $140 |
| September 3rd 2024 | Goldman | Initiation | Neutral | $129 |
| August 5th 2024 | Morgan Stanley | Initiation | Overweight | $155 |
| July 10th 2024 | BofA Securities | Initiation | Buy | $160 |
| June 20th 2024 | Deutsche Bank | Resumed | Hold | $140 |
| March 1st 2023 | The Benchmark Company | Upgrade | Buy | $125 |
| December 20th 2022 | KeyBanc Capital Markets | Upgrade | Overweight | $100 |
| November 4th 2022 | The Benchmark Company | Downgrade | Hold | - |
Earnings History & Surprises
MKSIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $2.25 | — | — | — |
Q4 2025 | Nov 5, 2025 | $1.85 | $1.93 | +4.3% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $1.61 | $1.77 | +9.9% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $1.42 | $1.71 | +20.4% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $1.92 | $2.15 | +12.0% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $1.45 | $1.72 | +18.6% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $1.02 | $1.53 | +50.0% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.75 | $1.18 | +57.8% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $0.89 | $1.17 | +31.5% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $1.00 | $1.46 | +46.0% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $1.14 | $1.32 | +15.8% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $-0.28 | $0.48 | +271.4% | ✓ BEAT |
Q1 2023 | Feb 27, 2023 | $1.31 | $2.00 | +52.7% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $2.38 | $2.74 | +15.1% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $2.31 | $2.59 | +12.1% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $2.61 | $2.71 | +3.8% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $2.86 | $3.02 | +5.6% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $2.77 | $2.79 | +0.7% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $2.95 | $3.02 | +2.4% | ✓ BEAT |
Latest News
Mizuho Maintains Outperform on MKS, Raises Price Target to $195
📈 PositiveShares of semiconductor stocks are trading higher amid a broader rebound in tech names. Stocks across sectors are also higher amid Fed Governor Waller backing a December rate cut.
📈 PositiveShares of companies in the broader chip sector are trading nigher, rebounding after Thursday's weakness. Additionally, stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveShares of semiconductor stocks are trading lower amid continued weakness due to a broader selloff in tech and AI-related names.
📉 NegativeWells Fargo Maintains Equal-Weight on MKS, Raises Price Target to $150
📈 PositiveBenchmark Maintains Buy on MKS, Raises Price Target to $180
📈 PositiveKeybanc Maintains Overweight on MKS, Raises Price Target to $180
📈 PositiveNeedham Maintains Buy on MKS, Raises Price Target to $170
📈 PositiveMKS Instruments shares are trading higher after the company beat Q3 estimates and issued Q4 guidance above expectations.
📈 PositiveMKS Instruments shares are trading higher after the company beat Q3 estimates and issued Q4 guidance above expectations.
📈 PositiveMKS Instruments Non-GAAP EPS of $1.93 beats by $0.08, revenue of $988M beats by $19.94M
📈 PositiveMKS Sees Q4 GAAP EPS $1.00-$1.84 vs $1.05 Est
➖ NeutralMKS Sees Q4 Adj EPS $1.93-$2.61 vs $1.80 Est; Sees Sales $950.000M-$1.030B vs $955.161M Est
📈 PositiveMKS Instruments Q3 Adj. EPS $1.93 Beats $1.85 Estimate, Sales $988.000M Beat $970.475M Estimate
📈 PositiveMizuho Maintains Outperform on MKS, Raises Price Target to $147
📈 PositiveShares of semiconductor companies are trading higher amid overall market strength. President Trump's recent social media post may have eased economic concerns and boosted trader confidence in growth stocks.
📈 PositiveCorrection: Needham Maintains Buy on MKS, Raises Price Target to $136 (Firm change from BTIG to Needham)
📈 PositiveBTIG Maintains Buy on MKS, Raises Price Target to $136
📈 PositiveGoldman Sachs Maintains Sell on MKS, Raises Price Target to $125
➖ NeutralMKS Instruments Non-GAAP EPS of $1.71 beats by $0.26, revenue of $936M beats by $11.77M
📈 PositiveFrequently Asked Questions about MKSI
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