Vishay Intertechnology, Inc. (VSH)

Vishay Intertechnology's stock has been influenced by its financial performance and strategic initiatives. The company reported its fourth-quarter and full-year 2025 results on February 4, 2026, with Q4 revenue exceeding expectations but EPS falling short, leading to a negative market reaction. Earlier, in its Q1 2025 results, Vishay saw revenue stabilize sequentially, with improved book-to-bill ratios. In August 2025, following its Q2 FY2025 report, Vishay's stock experienced a double-digit sell-off due to missed earnings expectations. Overall, VSH's stock has trended up by 44.99% in the past six months.

The semiconductor industry, in which Vishay operates, is inherently cyclical, with some seasonal effects. In Q4 2025, automotive revenue in the Americas and Europe decreased due to lower pull rates during year-end holiday weeks, while Asia's automotive revenue grew in a seasonally strong quarter. Bookings in Asia accelerate in anticipation of stronger AI demand and pre-Lunar New Year ordering in February. Vishay has observed customer demand aligning more with end-market consumption, with improving order visibility and backlog building for future quarters.

Vishay Intertechnology, Inc. is a global manufacturer and supplier of discrete semiconductors and passive electronic components, serving diverse markets such as industrial, computing, automotive, and medical. The company's product portfolio includes semiconductors like MOSFETs, diodes, and optoelectronic components, as well as passive components like resistors, inductors, and capacitors, which are crucial for power management, signal conditioning, and circuit protection.

Vishay Intertechnology has a significant global presence with facilities across the Americas, Europe, Israel, and Asia. Asia has been a key driver of revenue growth, particularly due to strong demand in AI power, smart grid, and automotive sectors. The Americas have also seen increased demand from the automotive and industrial sectors, while Europe's revenue has remained relatively flat.

Vishay Intertechnology has a strong brand reputation as a global industry leader and a trusted supplier in the electronics industry. This reputation is built on product innovations, a successful acquisition strategy, and the ability to offer a one-stop shop service. The company emphasizes its commitment to customer satisfaction through continuous improvement and aims for zero defects in its operations.

Vishay Intertechnology, Inc. is primarily owned by institutional investors, who hold approximately 95.02% of the company's shares. Major institutional shareholders include BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors LP, Woodline Partners LP, and State Street Corp. Insider ownership stands at about 1.99%. Among individual owners, the Estate of Dr. Felix Zandman, the company's founder, holds a significant stake.