Canada's 5N Plus Q1 revenue jumps 33%, beats estimates

5N Plus

06/05/2026 22:14

Overview

Canada specialty semiconductors producer's Q1 revenue rose 33%, beating analyst expectations

Q1 adjusted EBITDA increased 41% and beat analyst expectations

Growth driven by higher specialty semiconductor volumes and improved bismuth-based product pricing

Outlook

5N Plus maintains 2026 Adjusted EBITDA guidance at $100-$105 mln

Company expects strong Specialty Semiconductors demand, led by renewable energy and space solar power

Company anticipates normalization of favorable Performance Materials pricing during 2026

Result Drivers

HIGHER SEMICONDUCTOR VOLUMES - Co said Q1 revenue growth was primarily driven by increased volumes in Specialty Semiconductors, especially for terrestrial renewable energy

BETTER PRODUCT PRICING - Co said improved prices for space solar power and bismuth-based products contributed to earnings growth

PRODUCTIVITY INITIATIVES - Co said it remains focused on productivity initiatives to improve efficiency amid elevated input and operating costs

Company press release: ID:nCNWYGHfTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$117.90 mln
$104.10 mln (5 Analysts)
Q1 Net Income
Beat
$17.80 mln
$12.65 mln (2 Analysts)
Q1 Adjusted EBITDA
Beat
$29.20 mln
$22.53 mln (6 Analysts)
Q1 Adjusted Gross Margin
36.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy"

Wall Street's median 12-month price target for 5N Plus Inc is C$37.75, about 7.2% above its May 5 closing price of C$35.20

The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 29 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)