-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our price target by $71 to $383, 24x our 2027 EPS view ($15.95), above MKSI's three-year average (~15x) on a strengthening NAND upgrade market and continued AI tailwinds that are improving visibility throughout the industry. We lift our 2026 EPS view by $2.17 to $12.05 and raise 2027's by $3.49 to $15.95. Q2's guide was very impressive, with sales and EPS midpoints beating the Street by 11%/22%, as AI demand is officially accelerating equipment demand for MKSI to a material degree. The Semi segment is expected to see 25%+ Y/Y growth in Q2 (vs. 13% in Q1) with the E&P segment likely to grow by over 30% (vs. 27%), marking an impressive acceleration that we see picking up steam as MKSI's facilities continue to ramp and industrywide supply chain hiccups subside. Memory shortages are likely to hurt consumer device volumes and weigh on E&P growth to some degree, but this should be more than offset by strong AI momentum across DRAM, logic, and NAND, where memory makers are finally planning capacity adds.