VPG

Vishay Precision Group's stock has experienced significant volatility over the past six months, with an average weekly change of 18%. In Q1 Fiscal 2026 (May 12, 2026), VPG reported net revenue of $84.4 million, a 17.6% year-over-year increase, with bookings exceeding $100 million and a book-to-bill ratio of 1.21, including $1.0 million in humanoid robotics orders, leading shares to a record high of US$131.90. On May 19, 2026, William M. Clancy, Executive Vice President and CFO, announced his retirement effective December 31, 2026. In Q2 Fiscal 2026 (August 5, 2026), VPG reported net revenues of $83.9 million, an 11.7% year-over-year increase but flat sequentially, and a diluted net loss per share of $0.13, missing analyst expectations. Revenue was impacted by $3.0 million in delayed shipments in its steel-related systems due to a new ERP system implementation and $3.3 million from unfavorable foreign exchange, though orders remained strong at $95.5 million, driven by record precision resistor orders for AI-related semiconductor, data center, aerospace, and defense markets. VPG also received a vendor nomination letter from its initial humanoid robotics customer, positioning it for a production ramp in the second half of 2026. By late August 2026, the stock price fell by roughly half from its June peak, with some analysts rating it a 'Sell' due to weak earnings and an expensive valuation.