Update shared on 15 Dec 2025
Analysts have modestly raised their price target on Advantest to approximately ¥19,218, citing a slightly higher assumed discount rate while maintaining largely unchanged expectations for long term revenue growth, profit margins, and future valuation multiples.
What's in the News
- Launched the T2000 AiR2X next generation air cooled SoC test system, doubling test resources versus the prior AiR platform while remaining compatible with existing T2000 installations and targeting high mix, low volume and legacy system replacement demand (company announcement).
- Introduced the M5241 Memory Handler, a next generation, highly automated handler optimized for high performance AI memory devices. The system supports up to 512 parallel sites, 46,000 units per hour, and wide temperature ranges ahead of first shipments in 2026 (company announcement).
- Unveiled the MTe power test platform for wide bandgap and power semiconductor devices, delivering scalable, high parallel test with dynamic testing up to 10 kA to support electrification trends in automotive, industrial and renewable applications (company announcement).
- Announced a new Advantest Power Optimization Solution for the V93000 SoC tester, enabling real time power monitoring and smart card level control to reduce electricity usage, test costs and carbon footprint on the test floor (company announcement).
- Expanded the 7038 system level test and burn in family with the 7038 Single Test Rack solution, offering liquid cooled thermal management up to 1.4 kW per site and asynchronous testing for up to 48 sites to address increasingly power hungry AI, HPC and automotive devices (company announcement).
Valuation Changes
- Fair Value Estimate unchanged at approximately ¥19,218 per share, indicating no revision to the central valuation outcome.
- Discount Rate risen slightly from about 8.71 percent to 8.76 percent, reflecting a modest increase in the assumed cost of capital.
- Revenue Growth effectively unchanged at around 7.95 percent, signaling stable long term top line growth assumptions.
- Net Profit Margin effectively unchanged at roughly 31.26 percent, suggesting no material shift in long term profitability expectations.
- Future P/E risen slightly from about 45.17 times to 45.23 times, implying a marginally higher assumed valuation multiple on forward earnings.
Have other thoughts on Advantest?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.