InTest Corporation (INTT)

Over the past six months, InTest Corp. (INTT) stock has seen a positive performance, rising by 22.94%. InTest reported a net loss and missed revenue estimates for Q3 2025, which led to an initial stock decline, but the report also highlighted a significant surge in new orders and backlog. Fintel increased InTest's price target by 10.00% to $11.22, and Lake Street raised its price target to $10 from $8. There have been instances of insider buying, with a director acquiring 6,000 shares in November 2025, and other independent directors purchasing shares in May 2025. InTest (INTT) Q2 EPS beat estimates.

Demand for InTest Corp.'s products and services exhibits some cyclicality and lumpiness depending on the end market. The non-ATE thermal business is described as "lumpy in nature" and does not always correlate with the short-term trends of its end markets. In Q3 2025, InTest experienced strong order growth from customers in the automotive/EV, defense/aerospace, and industrial end markets. The company's backlog also grew substantially, with approximately 55% expected to ship beyond Q4 2025, indicating a pipeline of future demand.

InTest Corporation (INTT) is a global supplier of innovative test and process technology solutions operating within the Industrials sector. The company focuses on Electrical Products and Electronic Equipment/Instruments industries, with a strong presence in Semiconductors and Semiconductor Materials and Equipment. InTest's business is structured around three operating segments: Electronic Test, Environmental Technologies, and Process Technologies. The Electronic Test segment provides solutions for back-end testing of integrated circuits (ICs). The Environmental Technologies segment focuses on thermal solutions for product characterization, development, and production testing. The Process Technologies segment offers induction heating solutions and digital streaming and image capturing solutions.

InTest Corporation is headquartered in Mount Laurel, New Jersey, USA, with multiple manufacturing locations across the United States. The company has a global presence, with marketing and support activities conducted worldwide from facilities in the U.S., Canada, Germany, Singapore, the Netherlands, and the U.K. InTest has also expanded its international footprint by establishing an Ambrell Applications Laboratory in Mexico to serve the Latin American market and a new Center of Excellence in Penang, Malaysia, to support its Southeast Asia operations.

InTest Corporation positions itself as a global supplier of innovative test and process technology solutions, emphasizing decades of engineering expertise and a culture of operational excellence. The company's strategy focuses on organic growth and acquisitions to add innovative technologies, expand geographic reach, and penetrate new markets. The Q3 2025 earnings report, which showed a net loss and missed revenue estimates, was noted as a challenge to the bullish valuation narrative. The strong order growth reported in the same quarter suggests that the company's diversification strategy is gaining traction and its innovative test equipment is valued by customers.

The ownership structure of InTest Corp. (INTT) is primarily a mix of institutional investors and insiders. Approximately 52.88% to 63.18% of the company's stock is held by institutional investors including Royce & Associates, LP, The Vanguard Group, Inc., and BlackRock, Inc. Individual insiders own a significant portion, with Alyn R. Holt being the largest individual shareholder, holding 2.25 million shares, representing 18.04% of the company.