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Home/Stocks/6857.T
TSE · Japan · Semiconductor Equipment & Materials

6857.T Advantest

SoC and memory testers for AI accelerators and HBM

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
¥31,070
−3.93% today
1W
−9.8%
1M
−6.0%
3M
+5.0%
YTD
+58.5%
1Y
+74.5%
Off 52w high
−25.8%
Next earnings (est.): 2026-10-28
Market cap¥23.35T≈ $149B
P/E (trailing)51.4Forward 136.0
EV / sales18.8×EV/EBITDA 39.6×
Revenue (TTM)¥1.23TGrowth 39.3% y/y
Margins65.7%gross · op 51.7%
Free cash flow¥350BCash ¥413B · debt ¥108B
Analyst target¥42,733+37.5% upside · 21 analysts · buy
Riskβ 1.19Short — of float · yield 0.19%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

6857.T · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-29EarningsBeat / raise

    Reported EPS 241.27 vs 168.82 expected (+42.9% surprise).

  2. 7
    2026-04-27EarningsBeat / raise

    Reported EPS 174.55 vs 138.74 expected (+25.8% surprise).

  3. 6
    2026-01-28EarningsBeat / raise

    Reported EPS 108.41 vs 76.73 expected (+41.3% surprise).

  4. 5
    2025-10-28EarningsBeat / raise

    Reported EPS 109.03 vs 107.21 expected (+1.7% surprise).

  5. 4
    2025-07-29EarningsBeat / raise

    Reported EPS 123.14 vs 94.31 expected (+30.6% surprise).

  6. 3
    2025-04-24EarningsMiss / cut

    Reported EPS 54.46 vs 77.96 expected (-30.1% surprise).

  7. 2
    2025-01-28EarningsBeat / raise

    Reported EPS 70.3 vs 60.7 expected (+15.8% surprise).

  8. 1
    2024-10-30EarningsBeat / raise

    Reported EPS 61.57 vs 38.28 expected (+60.9% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-29168.82241.27+42.9%
2026-04-27138.74174.55+25.8%
2026-01-2876.73108.41+41.3%
2025-10-28107.21109.03+1.7%
2025-07-2994.31123.14+30.6%
2025-04-2477.9654.46−30.1%
2025-01-2860.770.3+15.8%
2024-10-3038.2861.57+60.9%
2024-07-3120.8232.35+55.4%
2024-04-2525.8920.53−20.7%
2024-01-3121.7428.74+32.2%
2023-10-3123.7322.69−4.4%
2023-07-2529.512.49−57.7%
2023-04-2641.7741.61−0.4%
2023-01-3042.1538.87−7.8%
2022-10-2738.6845.84+18.5%
2022-07-2734.8548.04+37.8%
2022-04-2735.0834.49−1.7%
2022-01-2628.6933.03+15.1%
2021-10-2826.9720.27−24.8%
2021-07-2822.8724.61+7.6%
2021-04-2729.7442.49+42.9%
2021-01-2812.9715.32+18.1%
2020-10-2913.6217.61+29.4%

About Advantest

Website ↗

Advantest Corporation, together with its subsidiaries, manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe. The company offers automated test equipment, including system on chip, power device, and memory test systems, as well as burn-in and SSD test systems; and metrology and SEM tools. It also provides component test systems, such as die level, SoC, and memory test handlers, as well as change kits, and pressure sensor stimulus; device interface for memory; test cell and automation solutions; system level test systems; device certification test systems; semiconductor failure analysis systems; and interconnect solutions, including test interface boards, substrates, test sockets, and thermal control units. In addition, the company offers cloud solutions comprising digital twin software, real-time …

7,241 employees · Chiyoda, Japan

Bigger dies, more chiplets and HBM stacks multiply test time. SoC and memory testers become a quiet throughput gate for every accelerator shipped.

Wafer probe→Final test→Burn-in→Ship

What would prove us wrong. Weakens if tester lead times shorten while accelerator unit volumes rise.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
TER
Teradyne
SoC test plus Universal Robots cobots $315.4+2.11%−20.8%+63.1%
FORM
FormFactor
Probe cards incl. HBM wafer probe $103.1+4.66%−20.5%+84.8%
AEHR
Aehr Test Systems
Wafer-level burn-in $58.29+5.39%−44.2%+188.7%
COHU
Cohu
Test handlers and interface $50.14+4.55%−25.2%+115.5%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.