Vishay Intertechnology (NYSE:VSH) Posts Earnings Results, Beats Expectations By $0.08 EPS

Vishay Intertechnology (NYSE:VSH) announced its earnings results on Wednesday. The semiconductor company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.08, FiscalAI reports. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%. The business had revenue of $978.94 million during the quarter, compared to the consensus estimate of $965.33 million. During the same period in the prior year, the company posted $0.04 EPS. The business’s quarterly revenue was up 23.8% on a year-over-year basis.

Here are the key takeaways from Vishay Intertechnology’s conference call:

• Vishay reported record third-quarter revenue of $979 million, up 24% year over year and above guidance. Gross margin rose to 25.5%, and EPS was $0.37.
• Bookings increased 15%, with a 1.29 book-to-bill and a $2.2 billion backlog (6.6 months). Management cited strong demand across industrial, AI, automotive, and aerospace and defense, alongside customer efforts to secure supply.
• For Q4, the company forecast revenue of $990 million, plus or minus $15 million, and gross margin of 26%, exceeding its previously stated year-end margin goal. Management said it expects sequential revenue growth despite holiday closures.
• Management said Vishay 3.0 initiatives are supporting market-share gains through expanded capacity, broader customer and product coverage, and competitive lead times. It is targeting nearly $200 million in AI revenue this year, versus about $100 million last year.
• Despite improved Q3 cash generation, Vishay expects full-year 2026 free cash flow to be close to break-even, citing capacity expansion spending and a planned reduction in its receivables securitization program. Some equipment spending has also shifted into 2027.

Vishay Intertechnology Trading Down 6.5%

Shares of VSH stock traded down $1.76 during trading on Wednesday, hitting $25.46. 2,745,397 shares of the stock traded hands, compared to its average volume of 4,336,860. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The firm has a market capitalization of $3.91 billion, a P/E ratio of 133.41, a price-to-earnings-growth ratio of 3.01 and a beta of 1.90. The firm’s fifty day moving average price is $31.21 and its 200-day moving average price is $32.09. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s payout ratio is presently 210.53%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on VSH shares. Needham & Company LLC assumed coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price objective on the stock. Weiss Ratings cut shares of Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Raymond James Financial assumed coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target for the company. Finally, Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $36.67.

Trending Headlines about Vishay Intertechnology

Here are the key news stories impacting Vishay Intertechnology this week:

• Positive Sentiment: Vishay reported third-quarter earnings of $0.37 per share, above the $0.29 consensus estimate and up from $0.04 a year earlier. Revenue was $978.9 million, beating expectations of $965.3 million and rising 23.8% year over year; the company described revenue as a quarterly record. These results are a positive fundamental signal. Vishay Q3 2026 results
• Neutral Sentiment: Vishay’s Q3 earnings-call transcript is available, but the supplied article details do not summarize management’s outlook or call commentary—potentially important context for the market reaction. Q3 2026 earnings call transcript
• Negative Sentiment: Despite the earnings beat and revenue growth, VSH was lower in the provided trading snapshot. The available reports do not establish why investors sold the shares or point to a specific new negative development.

Insiders Place Their Bets

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the sale, the director owned 31,937 shares of the company’s stock, valued at $1,143,983.34. This trade represents a 34.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.35% of the company’s stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.