Citi Maintains Buy Rating on Entegris (ENTG) Stock

Entegris, Inc. (NASDAQ:ENTG) is one of the 10 Best Semiconductor Stocks to Buy Right Now. On August 21, Citi maintained its “Buy” rating on the company’s stock with a price objective of $100, as reported by The Fly. As per the firm, the shares remain attractively valued, with Citi expecting a better 2026 for Entegris, Inc. (NASDAQ:ENTG) backed by an improvement in wafer starts. The company, in collaboration with the Trump Administration, announced $700 million in domestic R&D spending over the span of the upcoming several years to ramp up semiconductor innovation.

In Q2 2025, Entegris, Inc. (NASDAQ:ENTG)’s revenue went up by 2% sequentially and remained above its guidance range. Growth was backed by demand for its unit-driven solutions, mainly CMP consumables, selective etch, and deposition materials. The semiconductor industry trends remain largely unchanged. Furthermore, AI-enabled applications have been fueling strong growth in advanced logic and HBM. Despite challenges, Entegris, Inc. (NASDAQ:ENTG) expects stronger performance from its business in H2 2025.

The London Company, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“Entegris, Inc. (NASDAQ:ENTG) – ENTG continues to be weak due to challenges from underutilized mainstream fabs, less visibility in older technology, and weaker capex-driven demand. ENTG’s solutions for advanced technology and incremental wafer content gains continue to trend upward. ENTG is one of the most diversified players in the semi-materials industry, with its size and scale. We remain attracted to the industry’s high barriers to entry, limited competitors, and high switching costs.”

While we acknowledge the potential of ENTG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.