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PDF Solutions, Inc. PDFS

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells
0.23
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 2
Insider Ownership
7.92%

Capital & Financial Ratios

Market Cap
1,850.00
Revenue
241.18
Net Income
10.31
Free Cash Flow
(1.35)
Net Debt
(48.37)
Current Ratio
3.45
Debt/Equity
0.18
P/E ratio
177.12
P/S ratio
7.52
P/B ratio
4.87
Past 5Y EPS Growth
(18.10%)
This Y EPS Growth
37.62%
Next Y EPS Growth
27.44%
Next 5Y EPS Growth
29.99%
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
Annual Dividend Yield
total individual payouts
2023 ‡‡‡
2022 ‡‡‡
2021 ‡‡‡
2020 ‡‡‡
2019 ‡‡‡
2017 ‡‡‡
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 135.52 114.89 42.22 114.88
Receivables 44.90 73.65 82.94 90.58
Inventory
Other
197.85 205.98 163.89 252.61
2023 2024 2025 Q'26
Payables 2.56 8.26 17.08 12.39
ST’ Debt 2.24 2.86
Other
50.84 60.54 71.89 73.28
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 60.13 61.53
’25 47.78 51.73 57.12 62.40
219.02
’24 41.31 41.66 46.41 50.09
179.47
’23 40.76 41.60 42.35 41.13
165.84
’22 33.50 34.67 39.86 40.52
148.55
’21 24.20 27.42 29.56 29.89
111.06
’20 21.16 21.41 23.11 22.37
88.05
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 1.67 16.40
’25 8.64 (5.21) 3.29 17.34
24.05
’24 (1.86) 0.68 9.28 1.61
9.70
’23 (0.98) (5.63) 19.19 2.03
14.60
’22 3.00 3.62 1.40 24.28
32.30
’21 (8.32) 8.13 4.02 0.42
4.24
’20 5.38 5.25 0.25 10.91
21.78
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (8.83) 2.32
’25 0.44 (16.68) (3.04) 8.19
(8.15)
’24 (3.88) 6.90 (32.26) (4.24)
(8.03)
’23 (3.88) (8.73) 16.23 (0.38)
3.23
’22 1.23 0.80 (0.86) 22.55
23.72
’21 (8.91) 7.60 2.43 (0.92)
0.19
’20 3.31 3.38 (1.18) 9.30
14.82
in millions of $

EPS

Mar Jun Sep Dec Year
’26 0.12 0.10
’25 (0.08) 0.03 0.03 0.00
(0.02)
’24 (0.01) 0.04 0.06 0.01
0.10
’23 0.01 0.17 (0.13) 0.02
0.08
’22 (0.11) (0.03) 0.04 0.01
(0.09)
’21 (0.21) (0.12) (0.06) (0.19)
(0.58)
’20 (0.02) (0.11) (0.08) (0.91)
(1.17)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

1.4
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 19.34 26.12 26.94 15.91
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 32.80 48.02 39.70 32.31
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 458 493 539 600
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.32 0.34 0.33 0.37
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 148.55 165.84 179.47 219.02 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 67.75% 68.79% 69.83% 72.32%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.47 4.87 6.58 3.20
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.32% 2.94% 3.67% 1.46% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.43) 3.11 4.06 (0.64) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.56 10.68 9.53 14.50
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.98 4.36 4.65 5.57 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.09) 0.08 0.11 (0.02) ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.87 0.38 0.25 0.61
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.23) (0.30) (0.46) (0.82) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.64 0.09 (0.21) (0.21)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.63 6.02 6.37 6.89
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 37.31 38.02 38.60 39.32 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ 0.00 387.38 270.80 0.00 ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.00 7.10 5.82 5.12 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.95 5.15 4.25 4.14 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.11 6.31 5.21 5.23 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 38.06 339.95 (27.78) (31.24)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 32.30 14.60 9.70 24.05 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (8.58) (11.37) (17.73) (32.20) ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 23.72 3.23 (8.03) (8.15)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 135.21 147.01 145.44 92.00
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.34 67.00
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (131.84) (135.52) (114.88) 24.78
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 210.01 228.95 246.04 271.02
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.24%) 1.09% 1.34% (0.17%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.67%) (0.10%) 0.45% 1.24%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.60%) 1.41% 1.71% (0.25%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

PDF Solutions (PDFS), a key player in semiconductor yield optimization software and analytics, has evolved into a high-margin operator amid AI-driven chip demand, with revenues more than doubling since 2019 to $179.5 million in 2024, fueled by acquisitions like Cimetrix and the Exensio platform. Gross margins expanded to 69.8% through a shift to recurring SaaS revenue (over 80%), while profitability turned positive, with net income at $4.1 million and forecasts projecting 20%+ CAGR to $311.9 million by 2027, alongside EPS tripling to $0.53. A fortress balance sheet—net cash of $115 million, zero debt—supports R&D and potential M&A, even as capex weighs on near-term free cash flow.

The company’s trajectory aligns with sector tailwinds like $100 billion annual semi capex and hyperscaler expansions at TSMC and Nvidia, positioning PDFS’s process control tools for yield gains in advanced nodes. Stock performance tracks these cycles, with shares tripling from pandemic lows and forward P/E compressing to 64x by 2027 versus peers, implying 8-13% upside per analysts. Bullish insider buys and no sells signal confidence.

Geopolitical risks like U.S.-China tensions and Taiwan vulnerabilities temper optimism, alongside cyclical consumer electronics weakness, but AI’s 40% CAGR in data center semis and CHIPS Act subsidies offer hedges. PDFS exemplifies semi-software resilience, with asymmetric upside for investors if the bull run persists.

PDF Solutions, Inc. (PDFS) Latest News

News by impact score

Fine-tune

14 Sep

3 , 12:45 PM
PDF Solutions (PDFS) offers strong growth prospects that make it an attractive buy for growth investors seeking capital appreciation. Positive growth positioning for PDF Solutions supports noticeable but not transformative effects on investor sentiment and stock trajectory.

9 Sep

4 , 4:01 PM
PDF Solutions unveils Exensio Aurora, a highly-scalable architecture for its Exensio Analytics platform. New scalable architecture launch strengthens analytics offerings and competitive positioning.

4 Sep

4 , 10:46 AM
PDF Solutions pioneers yield improvement techniques in semiconductor manufacturing to enhance chip production efficiency. Yield improvement innovations signal major strategic gains for PDF Solutions in semiconductors.

12 Aug

3 , 12:45 PM
PDF Solutions (PDFS) offers three reasons for growth investors to consider the stock, centered on its semiconductor analytics strengths and market opportunities. Investor-focused analysis of growth factors can moderately shape sentiment and valuation for PDF Solutions without altering core operations.

7 Aug

4 transcript , 1:05 AM
PDF Solutions Inc reported record backlog and 19% revenue growth in Q2 2026. Record backlog and 19% revenue growth signal major positive shifts in future revenue visibility and market position.

3 www.marketbeat.com, 3:04 AM
PDF Solutions Q2 earnings call highlighted financial results, operational updates, and future outlook for the company. Q2 earnings updates affect financial performance visibility and short-term market sentiment without indicating major strategic shifts.

6 Aug

3 , 4:02 PM
PDF Solutions, Inc. reported its second quarter 2026 financial results. Quarterly financial results typically drive short-term stock movement and moderate investor sentiment without altering long-term strategy.

23 May

3 Insider Monkey, 8:16 AM
Northland raises its price target on PDF Solutions (PDFS) after the company posted a strong quarter. Analyst price target hike after strong results can lift short-term investor sentiment and share price.

14 May

4 Simply Wall St., 8:33 AM
PDF Solutions (NASDAQ:PDFS) delivered high-quality earnings, set to please shareholders with strong profitability and return metrics outperforming industry peers. High-quality earnings highlight sustainable profitability and superior returns, significantly enhancing investor sentiment and stock trajectory.

4 GlobeNewswire, 2:36 AM
PDF Solutions priced an upsized public offering of 4.6 million shares of common stock at $28.00 per share, expecting gross proceeds of approximately $128.8 million before expenses. Upsized public stock offering injects substantial capital for growth but dilutes equity, significantly influencing financial position and investor sentiment.

13 May

4 GlobeNewswire, 4:02 PM
PDF Solutions, Inc. (PDFS) announces the launch of a public offering of its common stock. Public offering enables capital raising for growth but introduces share dilution, significantly affecting financial structure and investor sentiment.

8 May

4 www.marketbeat.com, 3:12 PM
PDF Solutions Q1 earnings call highlights financial results, revenue growth, profitability metrics, customer wins, and forward guidance amid semiconductor process optimization demand. Q1 earnings highlights detail revenue beats, raised guidance, and strategic expansions signaling strong future growth in semiconductor yield management.

4 app.moby.co, 8:30 AM
PDF Solutions, Inc. released Q1 2026 earnings call summary highlighting financial results, revenue growth, operational updates, and forward-looking guidance amid semiconductor process optimization demand. Earnings call summaries reveal quarterly financials and guidance that significantly sway stock price and investor expectations.

7 May

4 transcript www.fool.com, 7:13 PM
PDF Solutions (PDFS) released Q1 2026 earnings call transcript detailing financial results, operational updates, and forward guidance. Q1 2026 earnings transcript reveals financial performance and strategic outlook capable of significantly swaying investor sentiment and company trajectory.

4 Zacks, 7:05 PM
PDF Solutions (PDFS) surpassed Q1 earnings and revenue estimates. Beating Q1 earnings and revenue estimates indicates strong financial performance likely to enhance investor sentiment and stock trajectory.

4 GlobeNewswire, 4:04 PM
PDF Solutions, Inc. (PDFS) reported first quarter 2026 financial results. Quarterly earnings reports directly shape financial performance assessments and stock trajectories.

3 , 1:46 PM
CoreWeave’s stunning stock rally heightens pressure on PDF Solutions (PDFS) to deliver strong earnings, creating a critical prove-it moment amid AI infrastructure hype. CoreWeave’s rally amplifies investor scrutiny on PDFS earnings, likely influencing short-term financial performance and market sentiment.

23 Feb

3 Insider Monkey, 9:27 AM
PDF Solutions (PDFS) analyzed as Emerging Growth Company (EGC) providing investor exposure to AI infrastructure buildout. Links PDFS to AI infrastructure growth, potentially influencing investor sentiment and market positioning.

13 Feb

4 Simply Wall St., 10:17 PM
PDF Solutions, Inc. reported record results for 2025, showcasing strong financial performance and a positive growth outlook for 2026. The company highlighted advancements in its technology and services, which are expected to drive further growth. Analysts are optimistic about PDFS's strategic initiatives and market positioning, anticipating continued demand in the semiconductor industry. Record results and a positive growth outlook indicate significant potential for future performance and investor sentiment.

4 transcript app.moby.co, 8:30 AM
PDF Solutions, Inc. reported its Q4 2025 earnings, highlighting a revenue increase driven by strong demand for its software solutions in semiconductor manufacturing. The company emphasized its commitment to innovation and expanding its market presence. Key financial metrics showed improvement, with a notable rise in net income compared to the previous quarter. Management provided an optimistic outlook for 2026, anticipating continued growth and strategic partnerships to enhance product offerings. The earnings call also addressed challenges in the supply chain and competitive landscape, but overall sentiment remained positive among investors. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

4 GuruFocus.com, 12:03 AM
PDF Solutions, Inc. (PDFS) reported record revenue growth in Q4 2025, driven by increased demand for its advanced semiconductor solutions. The company highlighted strategic initiatives aimed at enhancing product offerings and expanding market reach. Management expressed optimism about future growth prospects, citing strong customer relationships and ongoing investments in technology innovation. Overall, the earnings call underscored a positive outlook for PDFS as it navigates a competitive landscape. Record revenue growth and strategic initiatives are likely to significantly impact future performance and investor sentiment.

12 Feb

4 transcript www.marketbeat.com, 8:14 PM
PDF Solutions, Inc. reported its Q4 earnings, highlighting strong revenue growth and increased demand for its software solutions in the semiconductor industry. The company emphasized its strategic initiatives aimed at enhancing product offerings and expanding market reach. Management expressed optimism about future growth prospects, driven by ongoing technological advancements and partnerships. Key financial metrics showed improvement, indicating a positive trajectory for the company despite market challenges. Strong revenue growth and strategic initiatives indicate significant potential for future performance.

4 transcript www.fool.com, 6:28 PM
PDF Solutions, Inc. reported its Q4 2025 earnings, highlighting significant revenue growth and improved profitability. The company attributed its success to increased demand for its software solutions in semiconductor manufacturing. Management provided optimistic guidance for the upcoming quarters, citing ongoing investments in innovation and expansion into new markets. Key metrics showed a positive trend, with a notable increase in customer adoption of their technologies. Analysts expressed confidence in the company's strategic direction and potential for sustained growth. Significant revenue growth and positive future guidance indicate a major strategic move that could alter the company's trajectory.

4 Zacks, 5:25 PM
PDF Solutions, Inc. (PDFS) reported Q4 earnings and revenues that exceeded analysts' estimates, showcasing strong financial performance. The company attributed its success to increased demand for its solutions in the semiconductor industry, which is experiencing growth. Management expressed optimism about future prospects, highlighting ongoing investments in innovation and strategic partnerships. The positive results have bolstered investor confidence, leading to a favorable market response. Strong earnings performance and positive outlook indicate significant potential for future growth and investor sentiment.

4 Associated Press Finance, 4:45 PM
PDF Solutions, Inc. reported its Q4 earnings, showcasing a notable performance with increased revenue and improved profitability metrics. The company highlighted advancements in its technology solutions and strategic partnerships that are expected to drive future growth. Analysts expressed optimism regarding PDF Solutions' market position and potential for continued expansion in the semiconductor industry. The earnings report indicates significant advancements and strategic moves that could alter the company's trajectory and investor sentiment.

4 GlobeNewswire, 4:02 PM
PDF Solutions, Inc. (PDFS) reported record revenues for the fourth quarter and full year of 2025, showcasing significant growth in financial performance. The company highlighted its strategic initiatives and product innovations that contributed to this success, positioning itself favorably in the market. Record revenues and strategic initiatives indicate a significant positive shift in the company's market position and future performance.

3 Bloomberg, 6:25 AM
Traders are reassessing stocks associated with OpenAI, including PDF Solutions, Inc. (PDFS), as they anticipate a market rebound. The renewed interest comes amid broader discussions about AI technologies and their potential impact on various sectors. Investors are closely monitoring these developments, which could influence market dynamics and stock performance in the near future. Increased interest in AI-related stocks may moderately influence PDFS's market performance and investor sentiment.

11 Feb

4 Simply Wall St., 12:36 PM
High insider ownership at PDF Solutions, Inc. (PDFS) is driving growth in February 2026, as executives and board members hold a significant portion of shares, indicating strong confidence in the company's future. This trend is attracting investor interest and contributing to positive market sentiment around the stock. High insider ownership typically signals confidence in the company's prospects, which can significantly influence investor sentiment and market performance.

5 Feb

3 Simply Wall St., 5:05 AM
PDF Solutions, Inc. (NASDAQ:PDFS) experienced a 20% decline in stock price this week, despite delivering a 5.3% compound annual growth rate (CAGR) to shareholders over the past five years. The recent pullback raises questions about the company's short-term performance, but its long-term growth trajectory remains positive. The stock's recent decline may affect market sentiment, but the company's consistent long-term growth suggests a balanced impact.

3 Jan

4 www.marketwatch.com, 9:00 AM
PDF Solutions, Inc. is positioned as a safer entry point into the AI market by 2026, leveraging its expertise in semiconductor manufacturing and data analytics. The company aims to enhance its offerings through innovative technologies that align with the growing demand for AI solutions. Strategic partnerships and investments are expected to bolster its market presence and drive future growth, making it a compelling option for investors looking to capitalize on the AI trend. Strategic partnerships and innovations in AI technology are likely to significantly impact PDF Solutions' market positioning and investor sentiment.

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