Richardson Electronics Ltd/United States (RELL)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
$16.54-15.44%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
QuarterlyIQ Insights · RELL
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -18.7% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 11.0% |
Growth built into the price is above our model estimate.
The price assumes 29.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 30 industry peers · Company calendar date is not available
RELL — earnings in line
Dated 2026-01-07
Results of Operations and Financial Condition. On January 7, 2026, Richardson Electronics, Ltd. (the “Company”) issued a press release announcing earnings results for the second quarter ended November 29, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated…
Why it matters: Q1 operating income was $5.1 million, up from $3.9 million in the prior quarter. Another strong result would support recent profit gains.
Supportive ifQ2 FY27 operating income exceeds $3.9 million, the Q4 FY26 level.
Worry ifQ2 FY27 operating income falls below $1.5 million, the Q3 FY26 level.
Why it matters: Q1 gross margin was 34.6%, but a 1.7-point tariff refund helped. A lower margin may show weaker product mix or higher costs.
Watch forGross margin stays above 32.9%, the Q1 rate less the 1.7-point tariff refund.
Also watch forGross margin falls below 31.2%, the fiscal 2026 full-year rate.
Why it matters: Backlog grew 36.9% from a year ago and reached its highest level in more than three years. A drop may signal weaker orders.
Watch forReported backlog stays above $180 million and rises year over year at the next results update.
Also watch forReported backlog falls below $164.4 million, the level at fiscal 2026 year-end.
Why it matters: PMT drove much of the recent sales rise, led by semiconductor wafer fab and RF products. Slower PMT growth would weaken a key demand signal.
Watch forPMT sales rise more than 10% year over year in the next results report.
Also watch forPMT sales are flat or fall year over year in the next results report.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$246 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $665 loss on $10,000 · 6.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,640 loss on $10,000 · 26.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Sales rose 18.9% in Q1, and backlog reached $184.4 million. Slower growth would test the sales trend.
Watch forQ2 FY27 net sales rise more than 10% year over year, with growth in at least two business units.
Also watch forQ2 FY27 net sales rise less than 5% year over year, or fall year over year.