Kulicke and Soffa Industries, I (KLIC) Stock Analysis
Breakout setup
Technology · Semiconductor Equipment & Materials
Sell if holding. At $118.78, A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China-headquartered customers (53.5%); Concentration risk — Geographic: non-U.S. customer shipments (90.5%).
Kulicke and Soffa Industries designs and sells semiconductor assembly equipment — ball bonders, wedge bonders, and advanced packaging tools — and consumables to IDMs, OSATs, and foundries globally. Over 90% of fiscal 2025 net revenue came from outside the U.S.;... Read more
Sell if holding. At $118.78, A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China-headquartered customers (53.5%); Concentration risk — Geographic: non-U.S. customer shipments (90.5%). Chart setup: Golden cross, above all MAs, RSI 64, MACD bullish. Score 6.0/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Kulicke and Soffa Industries, I
About Kulicke and Soffa Industries, I
Kulicke and Soffa Industries directed 53.5% of fiscal 2025 net revenue to customers headquartered in China and 90.5% to customer locations outside the United States — a geographic concentration that persisted across both fiscal 2025 and fiscal 2024. Backlog reached $245.3 million at October 4, 2025, up from $148.6 million at September 28, 2024. Total cash, cash equivalents and short-term investments were $510.7 million at fiscal year-end 2025, a $66.4 million decrease from the prior year end.
Kulicke and Soffa's revenue spans four reportable segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). Ball and wedge bonders are sold to IDMs and OSATs for interconnecting chips using gold, silver alloy, aluminum, or copper wire; the mix of IDM versus OSAT customers in any period affects average selling prices and gross margins. The APS segment — selling consumable tools including capillaries, bonding wedges, and dicing blades, plus equipment services — tracks semiconductor unit consumption rather than capacity investment cycles, providing some through-cycle revenue stability. Advanced packaging equipment including the APAMA and APTURA thermo-compression bonders targets 2.5D and 3D IC assembly for high-performance computing. In March 2025, the Board approved cessation of the Electronic Assembly equipment business to focus on core semiconductor assembly. Manufacturing spans Singapore, China, Israel, the Netherlands, and Taiwan.
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Export controls and U.S.-China trade tensions could weigh on more than half of K&S's revenue base. Certain advanced packaging products are subject to Export Administration Regulations because they are based on U.S. technology or contain more than a de minimis amount of controlled U.S. content, requiring export licenses for some end destinations. The 10-K notes that China-headquartered customers 'witnessed a faster decline in demand' compared to the rest of the world during recent macro weakness, compounding the export-license exposure. Manufacturing in Haifa, Israel — where capillaries are produced — adds a second geographic risk layer: the 10-K notes that Israeli assets 'could be vulnerable to future property damage, inventory loss, business disruption, and expropriation' if conflict escalates.
See also: Technology · Semiconductor Equipment & Materials
From Kulicke and Soffa Industries, I's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-06-17Recent Developments — Kulicke and Soffa Industries, I
Latest news
- NEWS Kulicke and Soffa Industries (KLIC) Expected to Announce Quarterly Earnings on Wednesday - MarketBeat — MarketBeat neutral
- NEWS Kulicke and Soffa (KLIC) Surpasses Q2 Earnings and Revenue Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS Kulicke and Soffa Industries (KLIC) Stock Falls on Q2 2026 Earnings - Quiver Quantitative — Quiver Quantitative negative
- NEWS Kulicke and Soffa: Fiscal Q2 Earnings Snapshot - KING5.com — KING5.com positive
- NEWS onsemi and Kulicke and Soffa Shares Plummet, What You Need To Know - StockStory — StockStory negative
Generated 2026-06-17T09:12:24Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicChina-headquartered customers54%10-K Item 1: 'Approximately 53.5% and 53.3% of our net revenue for fiscal 2025 and 2024, respectively, was for shipments to customers headquartered in China.'
- HIGHGeographicnon-U.S. customer shipments91%10-K Item 1: 'Approximately 90.5% and 90.6% of our net revenue for fiscal 2025 and 2024, respectively, was for shipments to customer locations outside of the U.S.'
- HIGHSuppliersole source suppliers10-K Item 1A: 'we rely on sole source suppliers for certain key technology parts and raw materials'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·2 ceiling hits
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $118.78, A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China-headquartered customers (53.5%); Concentration risk — Geographic: non-U.S. customer shipments (90.5%). Chart setup: Golden cross, above all MAs, RSI 64, MACD bullish. Prior stop was $109.06. Score 6.0/10, moderate confidence.
Take-profit target: $122.25 (+4.2% upside). Prior stop was $109.06. Stop-loss: $109.06.
Concentration risk — Geographic: China-headquartered customers (53.5%); Concentration risk — Geographic: non-U.S. customer shipments (90.5%); Analyst target reached - limited upside remaining.
Kulicke and Soffa Industries, I trades at a P/E of 109.9 (forward 27.2). TrendMatrix value score: 4.2/10. Verdict: Sell.
10 analysts cover KLIC with a consensus score of 3.9/5. Average price target: $100.
What does Kulicke and Soffa Industries, I do?Kulicke and Soffa Industries designs and sells semiconductor assembly equipment — ball bonders, wedge bonders, and...
Kulicke and Soffa Industries designs and sells semiconductor assembly equipment — ball bonders, wedge bonders, and advanced packaging tools — and consumables to IDMs, OSATs, and foundries globally. Over 90% of fiscal 2025 net revenue came from outside the U.S.; China-headquartered customers represented 53.5% of revenue. The Aftermarket Products and Services segment provides some cyclicality buffer by tracking unit consumption rather than capacity cycles.