Northland Lifts PT inTEST Corporation (INTT) to $14 From $10

inTEST Corporation (NYSEAM:INTT) is one of the best semiconductor equipment stocks to invest in now.

On March 2, Northland lifted the price target on inTEST Corporation (NYSEAM:INTT) to $14 from $10 while maintaining a Market Perform rating on the shares. The rating update came after the company reported better-than-expected fiscal Q4 results and offered "solid" FY26 guidance.

inTEST Corporation (NYSEAM:INTT) reported financial results for fiscal Q4 2025 on February 27, reporting orders of $37.5 million, driven by continued strength in Auto/EV and Life Sciences. Backlog rose 9.4% sequentially, while gross margin expanded 350 basis points sequentially to 45.4%. Management reported that the company derived nearly 80% of its revenue from non-semiconductor end markets.

Revenue for fiscal Q4 rose $6.6 million over the third quarter, driven primarily by a gradual improvement in the customer capital spending environment across most end-markets, along with approximately $2.0 million in shipments that slipped out of the third quarter. inTEST Corporation (NYSEAM:INTT) reported that the net increase was primarily due to gains in Industrial, Defense/Aerospace, and Life Sciences, offset by continued weakness in Semi.

inTEST Corporation (NYSEAM:INTT) supplies precision-engineered solutions for manufacturing and testing across a range of markets, including semiconductors, defense, automotive, aerospace, electronics, fiber optic, telecom, medical, and machining. The company’s operations are divided into the Thermal Products and Electromechanical Solutions (EMS) business segments.

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