Goldman Sachs Raises its Price Target on Entegris, Inc. (ENTG) to $95 and Maintains a Sell Rating

Core Insights - Entegris, Inc. (NASDAQ:ENTG) is recognized as one of the 12 Best Tech Stocks that exceeded earnings estimates, with analysts raising price targets following strong performance and guidance [1][2] Financial Performance - Entegris reported Q4 revenue of $823.9 million, surpassing consensus estimates of $811.28 million, with CEO Dave Reeder highlighting strong performance in revenue, adjusted EBITDA margin, and non-GAAP EPS [4] - The company anticipates continued improvement in cash generation for 2026, which will strengthen the balance sheet and facilitate incremental de-leveraging [4] Analyst Ratings and Price Targets - Goldman Sachs raised its price target for Entegris to $95 from $75 while maintaining a Sell rating, citing the company's focus on operational execution and the need for clearer signs of a cyclical upturn in the CapEx business [1] - BMO Capital increased its price target to $148 from $126 and maintained an Outperform rating, indicating strong operating leverage expected in 2026 due to industry capex growth and multiple node transitions [2] - Citi analyst Elizabeth Sun also raised her price target to $155 from $145, maintaining a Buy rating [2] Business Segments - Entegris provides advanced materials and process solutions primarily for the semiconductor and high-technology industries, operating through its Materials Solutions and Advanced Purity Solutions segments [5]