This low-profile stock in the semiconductor supply chain has doubled this year. Wall Street still loves it
By Lisa Kailai Han
Published on May 13, 2026.
Shares of Qnity Electronics have doubled this year after the company's first-quarter profit and revenue both exceeded analysts' estimates. The company, which provides materials and products to major semiconductor manufacturers, earned an adjusted $1.08 per share on $ 1.32 billion in revenue, compared to analysts' expectations of 92 cents per share and revenue of $1.,27 billion. The firm also increased its full-year earnings and revenue guidance. Despite this, Wall Street analysts remain optimistic about the stock's future. Goldman Sachs analyst James Schneider praised Qnality as the "hidden engine of AI" as materials momentum accelerates. Oppenheimer analyst Edward Yang also highlighted Q's ability to grow 200 bps above industry growth.
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