VSHVishay Intertechnology, Inc.
Vishay Intertechnology, Inc. (VSH) designs, manufactures, and sells semiconductor components, including rectifiers, resistors, and capacitors, used in power management and signal processing applications. The next catalyst is Nov 9, 2026 — Q3 2026 Earnings Release & Q4 Guidance, which will test the company’s ability to navigate pricing pressure while leveraging new product launches .
- Revenue hit $3.28B in 2026, up 4.5% YoY, but net margin remains at 0.9% TTM, reflecting thin margins in a commoditized space.
- Debt-to-equity at 0.46x suggests a relatively stable capital structure, but leverage is low compared to peers.
- Shareholders’ equity stands at $2.09B, with diluted EPS of $0.19, signaling a focus on capital preservation over aggressive growth.
The Read
5% on pricing pressure fears despite new products, then surged about 38.
The schedule
- Mon9Nov
This earnings report will test the company's ability to meet or exceed expectations, particularly in light of the recent positive surprise in Q3. The outcome will be crucial for assessing the sustainability of its earnings momentum.
- Tue9Feb
The release will test the ability to deliver strong top-line growth and margin expansion, with a focus on the guidance reset for the next quarter. This differs from the last print where the surprise was muted due to weaker-than-expected demand in industrial electronics.
- Mon10May
The release will test the ability to sustain growth in the semiconductor supply chain and maintain pricing power. This differs from the last print where the surprise was muted due to weaker-than-expected demand in industrial electronics.
- Sat7Aug
The release will test the ability to deliver strong top-line growth and margin expansion, with a focus on the guidance reset for the next quarter. This differs from the last print where the surprise was muted due to weaker-than-expected demand in industrial electronics.
Past
- Mon5Oct
Actual outcome: Bull · $28.54 at outcome
The stock fell 23.1% from the event date to the outcome date but later surged to $28.54, surpassing the bull target of $25.12. The product and design-win updates signaled strong momentum in securing new contracts, which bolstered investor confidence in the company's growth trajectory despite initial volatility.
This event will test the company's ability to secure new design wins and maintain its competitive position in the semiconductor components space. The outcome could influence near-term revenue visibility and product mix.
- Thu1Oct
Actual outcome: Bull · $38.18 at outcome
VSH delivered a positive earnings surprise, with stronger-than-expected revenue and EPS, leading to a sharp upward move. The results exceeded analyst expectations, signaling improved operational performance and demand in the short-term. The move reflects renewed investor confidence in the company's near-term prospects. [Market retrospective · Ultra-Short (1–5 days)] Missed anticipation: +11.4% from 2026-10-01 to 2026-10-02 (~2.3σ vs typical 1d vol). Target evaluation date 2026-10-07 (not yet reached as of 2026-10-02). Confidence 95%.
VSH delivered a positive earnings surprise, with stronger-than-expected revenue and EPS, leading to a sharp upward move. The results exceeded analyst expectations, signaling improved operational performance and demand in the short-term. The move reflects renewed investor confidence in the company's near-term prospects. [Market retrospective · Ultra-Short (1–5 days)] Missed anticipation: +11.4% from 2026-10-01 to 2026-10-02 (~2.3σ vs typical 1d vol). Target evaluation date 2026-10-07 (not yet reached as of 2026-10-02). Confidence 95%.
- Mon14Sep
Actual outcome: Bull · $31.80 at outcome
Vishay reported mixed earnings results, missing EPS expectations but providing positive guidance on demand stabilization. The stock rallied due to strategic news, including a rebranding initiative and new designations from Microsoft, which signaled long-term growth potential and reduced tariff exposure, reinforcing investor confidence despite the earnings miss.
Market assessment of Vishay's supply chain and tariff exposure following potential new trade policy actions by President Trump's administration.
- Fri21Aug
Actual outcome: Bear · $30.44 at outcome
The stock fell 3.5% following the event as the mid-cycle update highlighted sluggish demand in key markets like automotive and industrial, raising concerns about near-term performance. The lack of positive surprises in guidance and the weak pricing environment pressured the stock, leading to the bearish reaction.
An interim checkpoint on passive component pricing and channel inventory, particularly evaluating the sluggish automotive and industrial end markets.
- Wed13May
Actual outcome: Bull · $37.23 at outcome
Vishay reported Q1 2026 EPS of $0.0073, exactly in line with consensus estimates. The stock remained flat following the release but held its ground well above the $27.50 bull target, supported by the steady earnings results and the recent launch of a new thin film submount platform for next-generation optical transceivers. This combination of reliable financial execution and continued product innovation sustained investor confidence.
- Wed25Mar
Actual outcome: Bear · $16.56 at outcome
The stock fell 9.5% and broke below the $17.00 bear floor following industry checks that highlighted persistent pricing pressure in passive components. Although Vishay announced new product releases, including a linear position sensor, broader concerns over continued pricing headwinds in its core markets drove the sell-off.
- Fri13Feb
Actual outcome: Bear · $18.69 at outcome
Vishay Intertechnology reported Q4 2025 EPS of $0.0073, exactly meeting consensus estimates. Despite the in-line earnings, the stock trended lower toward the bear floor, driven by underwhelming Q1 2026 forward guidance and continued inventory corrections in its automotive and industrial end markets.
