Advantest stock: Goldman Sachs keeps target for Advantest stock at JPY 44,000.00

Published on 10/20/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Advantest's Q1 revenue reached JPY 367.47 billion, up 39.30 percent in Q1 2026. Advantest stock costs EUR 195.85 on October 20, 2026 at 5:08 p.m. CEST.

Results date and operating scale

Goldman Sachs maintained a Hold rating and set a JPY 44,000.00 target on October 19, 2026.
Advantest will publish fiscal 2026 second-quarter results on October 28, 2026.
Advantest stock costs EUR 195.85 at Lang & Schwarz on October 20, 2026 at 5:08 p.m. CEST.
Tokyo trading ended at JPY 33,870.00, with a JPY 24.5 trillion market capitalization.

Advantest, JP3122400009, Illustration mit AI erstellt.

Advantest's analyst picture turned more cautious on October 19, 2026, when Goldman Sachs maintained a Hold rating and set a JPY 44,000.00 price target, according to Markets Insider. Advantest's stock was trading at EUR 195.85 at Lang & Schwarz on October 20, 2026 at 5:08 p.m. CEST.

Target leaves room above Tokyo

The JPY 44,000.00 target lies 29.91 percent above Advantest's JPY 33,870.00 closing level in Tokyo on October 20, 2026. The Goldman Sachs view therefore leaves a measurable gap between the latest home-market valuation and the stated target, while the Hold rating signals restraint rather than a fresh upgrade.

Q1 growth sets a high bar

Advantest reported JPY 367.47 billion of revenue for the first quarter of fiscal 2026, up 39.30 percent from the year-earlier period. Operating profit reached JPY 189.31 billion, while net income was JPY 174.78 billion for the quarter. The figures come from the company's investor materials for the quarter ended June 30, 2026, available through Advantest.

The next scheduled test arrives on October 28, 2026, when Advantest plans to publish fiscal 2026 second-quarter results at 3:30 p.m. JST, as stated in the company's investor calendar. The date gives the market a near-term checkpoint for whether the first-quarter growth rate can continue.

Valuation stays demanding

Advantest ended Tokyo trading at JPY 33,870.00 on October 20, 2026, against a 52-week range of JPY 16,325.00 to JPY 41,990.00. Its market capitalization was JPY 24.5 trillion and its price-to-earnings ratio was 53.73. The stock therefore stood 19.34 percent below its 52-week high, calculated from the same home-market figures.

Comparison with peers

Advantest: down 1.68 percent, P/E 53.73, market capitalization JPY 24.5 trillion.

Tokyo Electron (Tokyo Stock Exchange, JPY): down 2.56 percent, P/E 37.21, market capitalization JPY 22.9 trillion.

Lasertec (Tokyo Stock Exchange, JPY): down 1.01 percent, P/E 45.46, market capitalization JPY 3.5 trillion.

What the next report must show

The October report will put the valuation question against a fresh operating period. Investors will have new revenue, profit and margin figures to compare with the first-quarter base, while the Goldman Sachs target provides a separate benchmark for the share price.

Advantest was trading at EUR 195.85 at Lang & Schwarz on October 20, 2026 at 5:08 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Advantest stock.