Entegris stock upgraded to Buy after strong Q2 earnings and rising AI-driven semiconductor demand

Entegris received a Buy upgrade from Deutsche Bank following its strong Q2 2026 performance, with earnings per share of $0.93 and net sales of $883.2 million, both surpassing analyst expectations. The growth was driven by increased demand in the semiconductor industry, especially from AI investments. The company expects Q3 sales between $905 million and $935 million and aims to reduce its net leverage ratio below three times by year-end, indicating a solid financial position.