Italy's Technoprobe jumps as Equita raises to "buy"

Technoprobe

17/04/2026 10:52

** Shares in Italian semiconductor and microelectronics company Technoprobe TPRO.MI up more than 5% at 0930 GMT after Equita upgrades its rating to "buy" from "hold", expecting a "solid Q1 and an accelerating Q2"

** It raises PT by around 25.7% to 21 euros, with the stock last closing at 16.96 euros on Thursday

** Technoprobe will report its Q1 results on May 14, the brokerage expects sales at 182 million euros and an EBITDA margin of 35.4%

** "The first messages from the semiconductor reporting season are pointing to a further acceleration and upgrade of capacity expansion plans throughout the supply chain," Equita says, seeing AI demand as the main driver of growth

** It sees continuing growth in Q2 26, with sales reaching 200 million euros, and a "strong momentum" going into in H2

** It therefore slightly raises the FY26 sales/EBITDA estimates by 3%/1%, and FY27/28 sales estimates by 5%

** Out of 7 analysts that cover Technoprobe, two rate the stock "strong buy" or "buy,"​ five rate "hold" and no analysts rate the stock "strong sell" or "sell" - LSEG data

 (Reporting by Mirko Miorelli)

 ((Mirko.Miorelli@thomsonreuters.com))