On August 18, 2026, Kulicke and Soffa Industries Inc (KLIC) shares fell 9.5% to a current price of $92.06, a notable decline amid a 52-week trading range of $35.0
SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company") today announced that it has named Dr. Raj Talluri as President and Chief Executive Officer ("CEO") effective September 1, 2026. He was also elected to the Board of Directors of K&S, effective August 17, 2026.
Kulicke and Soffa is rated Buy, with a $114 price target, reflecting confidence in its dual growth engines and balance sheet strength. KLIC's legacy wire-bonding franchise funds its transition to advanced packaging, while new products like APTURA and ProMEM drive future earnings. Management expects thermo-compression bonding revenue to exceed $100M in FY26 and reach $150–$200M in FY27, supporting modest multiple expansion.
Kulicke and Soffa Industries NASDAQ: KLIC reported fiscal third-quarter revenue growth that exceeded its expectations, as demand from general semiconductor and memory customers accelerated and the company expanded production capacity to support customer requirements.
Kulicke and Soffa (KLIC) came out with quarterly earnings of $1.2 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.07 per share a year ago.
SINGAPORE, Aug. 5, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its third fiscal quarter ended July 4, 2026. The Company reported third quarter net revenue of $330.4 million, net income of $57.4 million, representing EPS of $1.07 per fully diluted share, and non-GAAP net income of $64.2 million, representing non-GAAP EPS of $1.20 per fully diluted share.
KLIC heads into Q3 earnings with expected revenue growth as AI packaging demand, TCB adoption and automotive strength support results despite margin risks.