Vishay Precision Q1 revenue beats on sensors strength amid semiconductor demand

Vishay Precision

12/05/2026 11:25

Overview

Precision measurement tech firm's fiscal Q1 revenue grew 17.6%, beating analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations

Company attributes results to strong Sensors segment demand and higher sales across markets

Outlook

VPG expects Q2 2026 net revenues between $85 mln and $90 mln

Company says current bookings trends and backlog support a positive business environment for 2026

VPG announces revised target model reflecting expectations for accelerated organic top-line growth

Result Drivers

SENSORS DEMAND - Co said Sensors segment bookings grew 29% sequentially and revenue rose 23% year-over-year, driven by strong demand across semiconductor equipment, data centers, avionics, military and space, and select industrial markets

HIGHER VOLUME & PRODUCT MIX - Sensors segment gross profit margin rose to 34.8% from 30.8% a year ago, mainly due to higher volume, favorable product mix, and improved manufacturing efficiencies, partially offset by higher personnel costs and unfavorable currency

WEIGHING SOLUTIONS SALES - Weighing Solutions segment revenue increased 14.4% year-over-year, mainly from higher sales in medical and industrial weighing markets, though gross margin declined due to unfavorable product mix and higher manufacturing and fixed costs

Company press release: ID:nGNX7PbyNC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$84.35 mln
$77.08 mln (3 Analysts)
Q1 Adjusted EPS
Beat
$0.07
$0 (3 Analysts)
Q1 EPS
-$0.02
Q1 Net Earnings
-$287,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Vishay Precision Group Inc is $54.00, about 18.9% below its May 11 closing price of $66.60

The stock recently traded at 65 times the next 12-month earnings vs. a P/E of 47 three months ago

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(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.)