Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Vishay Intertechnology (VSH)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
$25.84-5.07%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
1.78 → 1.80 EPS · FY ending Dec 31, 2027 · 6 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 6; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for VSH yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Use $750M stock offering proceeds to grow and reduce debt | The company plans to use $750M from stock offering to grow and reduce debt. | Improving | Proceeds fail to accelerate growth or reduce debt by end 2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in a supplied disclosure. Management reported: “Vishay intends to use the net proceeds from the proposed offering to accelerate its growth initiatives and for general corporate purposes, including to reduce current borrowings under its senior secured credit facility.” |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
VSH is an improving semiconductor business with a growth-and-profitability thesis, rather than a clear turnaround. Its thesis is currently intact, with recent financial performance strong, though earnings quality and management evidence remain neutral and overall risk is high.
The evidence is mixed: one measure says VSH is cheap versus peers, while another shows a 28% peer premium, and the overall value assessment is expensive. The priced-in signal is tagged justified, with low fragility, but model confidence is low and the expectations gap is negative.
Near term, management’s stated focus on revenue growth, gross margins, and operating income is on track, supported by improvement through 2026-Q2 and guidance for further margin improvement in 2026-Q3. Recent performance is strong, but erratic earnings surprises and a 32% miss probability make the next guidance update a risk.
The multi-year thesis hinges on continued revenue growth and margin progress translating into stronger profitability. A guidance cut would be a meaningful negative; rate cuts or stabilization among major technology companies could support the sector backdrop, though neither is assured.
Over the next one to three years, VSH has improving operating trends and an intact thesis, but high risk and uncertain valuation support make execution the central test. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Gross margin near 21% in Q2 2026 | Vishay is improving profit margins, targeting about 21% gross margin next quarter. | Intact | gross margin falls below 19.0% in 2026-Q2 | Gross margin: 25.48% FY2026-Q3; GAAP. Published target: >=21.0% gross margin. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Nov 4, 202625.47503 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Operating income at least $22.1M in Q1 2026 | Operating income rose from $14.8M to $22.1M recently. | Improving | operating income falls below $15M in 2026-Q2 | Operating income: $92.217M FY2026-Q3; GAAP. Published target: >=22.1 million USD. The stored target says 2026-Q1; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Nov 4, 202692,217,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth about 17% next 12 months | Vishay is improving profit margins, targeting about 21% gross margin next quarter. | Improving | revenue growth falls below 10% next year | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$1.64 → $1.80 · observed estimates
$4.07B → $4.31B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-07-25 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-07-26 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-07-27 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-07-28 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-07-29 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-07-30 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-07-31 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-08-01 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-08-02 | $1.54 | $4,036,116,500 | 3 / 2 |
| 2026-08-03 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-08-04 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-08-05 | $1.64 | $4,068,260,994 | 2 / 2 |
| 2026-08-06 | $1.63 | $4,078,708,250 | 5 / 4 |
| 2026-08-08 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-09 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-10 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-12 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-13 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-14 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-15 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-16 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-17 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-18 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-19 | $1.71 | $4,276,724,459 | 4 / 3 |
| 2026-08-20 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-21 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-22 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-23 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-24 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-25 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-26 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-27 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-28 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-29 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-30 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-08-31 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-09-01 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-09-02 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-09-03 | $1.78 | $4,294,324,459 | 4 / 3 |
| 2026-09-04 | $1.79 | $4,298,034,520 | 4 / 3 |
| 2026-09-05 | $1.79 | $4,298,037,049 | 4 / 4 |
| 2026-09-06 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-07 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-08 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-09 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-10 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-11 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-12 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-13 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-14 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-15 | $1.79 | $4,298,037,049 | 5 / 4 |
| 2026-09-16 | $1.78 | $4,290,460,328 | 5 / 4 |
| 2026-09-17 | $1.78 | $4,290,460,328 | 5 / 4 |
| 2026-09-18 | $1.78 | $4,290,460,328 | 5 / 4 |
| 2026-09-19 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-20 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-21 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-22 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-23 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-24 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-25 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-26 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-27 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-28 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-29 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-09-30 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-01 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-02 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-03 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-04 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-05 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-06 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-07 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-08 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-09 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-10 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-11 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-12 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-13 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-14 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-15 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-16 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-17 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-18 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-19 | $1.78 | $4,290,460,328 | 6 / 5 |
| 2026-10-20 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-21 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-22 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-23 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-24 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-25 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-26 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-27 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-28 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-29 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-30 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-10-31 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-11-01 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-11-02 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-11-03 | $1.80 | $4,307,460,328 | 6 / 5 |
| 2026-11-04 | $1.80 | $4,307,460,328 | 6 / 5 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 5 Buy / Strong Buy · 1 Hold · 1 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 1 recorded
1 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.