Vishay Intertechnology, Inc.

NYSE:VSH Stock Report

Market Cap: US$6.5b

Vishay Intertechnology Management

Management criteria checks 4/4

Vishay Intertechnology's CEO is Joel Smejkal, appointed in Jan 2023, has a tenure of 3.5 years. total yearly compensation is $10.34M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $1.88M. The average tenure of the management team and the board of directors is 3.5 years and 7.7 years respectively.

Key information

Joel Smejkal

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage9.96%
CEO tenure3.5yrs
CEO ownership0.03%
Management average tenure3.5yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Narrative Update Jul 08

VSH: Share Repricing And Cost Pressures Will Weigh On Future Returns

Analysts have raised the price target on Vishay Intertechnology to $28 from $18, citing ongoing progress. They also highlighted risks related to the sharp share re-rating, potential margin pressure from higher raw material costs, and the possibility that current demand reflects some pull-forward.
Narrative Update Jun 24

VSH: Re Rated Shares Will Face Test From Rising Raw Material Costs

Analysts have lifted their price target for Vishay Intertechnology to $28 from $18, citing continued operational progress. They cautioned, however, that the stock’s sharp re-rating, raw material cost pressures, stretched valuation and potential pull-forward of demand could limit further upside.
Analysis Article Jun 19

Vishay Intertechnology (VSH) Stock Might Be 90.9% Overvalued After Its Sharp Run

Vishay Intertechnology (VSH) drew investor attention after a recent sharp move in its share price, prompting closer scrutiny of how the company’s semiconductor and passive component businesses align with its current valuation. See our latest analysis for Vishay Intertechnology. The latest share price of $64.90 comes after a sharp run, with a 30 day share price return of 75.22% and a year to date share price return of 324.46%. The 1 year total shareholder return of 329.02% and 5 year total...
Seeking Alpha Jun 10

Vishay Intertechnology Maintains 2028 Guidance But Faces Macroeconomic Headwinds

Summary Vishay Intertechnology (VSH) is well positioned for growth across aerospace, defense, industrials, and data centers, but faces near-term macroeconomic headwinds. VSH ended Q1’26 with a $1.6B backlog for a book-to-bill ratio of 1.34x as well as double-digit top-line growth, signaling robust demand across its market verticals. Despite strong market momentum, elevated materials costs and trade tariffs threaten VSH’s ambitious 2028 margin targets and justify a Hold rating. I assign a Hold rating with a $51/share price target (9.19x eFY28 EV/EBITDA), citing premium valuation and execution risks. Read the full article on Seeking Alpha
Narrative Update Jun 05

VSH: Elevated Multiple Will Test Earnings Power As Demand Pull Forward Fades

Narrative Update on Vishay Intertechnology Analysts have lifted their price views on Vishay Intertechnology, with the modeled fair value moving from $17.50 to $34.00 as they factor in higher projected revenue growth, improved profit margins, and a lower expected future P/E, while also considering what they see as stretched valuation, rising raw material costs, and potential pull forward in demand. What's in the News Q1 2026 results: Revenue of US$839.2 million, up 17.3% year over year, with a return to profitability as net income reached US$7.16 million and adjusted EPS came in at US$0.05, ahead of analyst expectations.
Analysis Article May 20

Impressive Earnings May Not Tell The Whole Story For Vishay Intertechnology (NYSE:VSH)

Vishay Intertechnology, Inc.'s ( NYSE:VSH ) stock was strong after they recently reported robust earnings. However, we...
Narrative Update Apr 22

VSH: Future Execution On Backlog Will Test Rich Earnings Assumptions

Analysts have adjusted the average price target for Vishay Intertechnology to $17.50, with small tweaks to assumptions such as the discount rate and future P/E, reflecting mixed recent research that includes a $1 trim from one firm and increases of $2 and $6 from others. Analyst Commentary The recent research on Vishay Intertechnology reflects a mix of optimism and caution, with one price target trimmed by $1 and others raised by $2 and $6.
Narrative Update Apr 08

VSH: Execution On Backlog And Cost Controls Will Guide Balanced Future Prospects

Analysts have maintained their fair value estimate for Vishay Intertechnology at $17.50 while making slight adjustments to key model inputs, as recent Street research combined a $1 BofA price target reduction with earlier $2 and $6 target increases from other firms. Analyst Commentary Bullish Takeaways Bullish analysts raising price targets by US$2 and US$6 signal confidence that the current valuation still allows room for upside if execution on key initiatives holds up.
Narrative Update Mar 25

VSH: Execution On Backlog And Cost Controls Will Shape Future Upside Potential

Analysts now see a modestly lower fair value for Vishay Intertechnology at $17.50 per share. Recent price target tweaks reflect small adjustments to the discount rate and P/E expectations rather than a major shift in the core outlook.
Narrative Update Mar 10

VSH: Mixed Margin Visibility And Product Pipeline Will Shape Future Upside Potential

Analysts have adjusted their price target for Vishay Intertechnology to $17.50, reflecting updated views on discount rates, long term margin and P/E assumptions that incorporate mixed recent revisions to Street targets from both BofA and JPMorgan. Analyst Commentary Recent price target changes highlight how divided the Street is on Vishay Intertechnology, with some focusing on potential upside in execution and others flagging risks that could cap the valuation.
Narrative Update Feb 24

VSH: Tight Earnings Runway Will Limit Upside Despite Mixed Street Revisions

Analysts have adjusted their price targets on Vishay Intertechnology in a tight range, with a recent mix of upward and downward revisions that result in a modest change of a few dollars as they factor in updated views on valuation, earnings power, and sector conditions. Analyst Commentary Recent Street research on Vishay Intertechnology has been mixed, with target prices adjusted both higher and lower in a short span of time.
New Narrative Feb 21

Heavy CapEx And Silicon Carbide Risks Will Limit Long Term Margin Recovery

Catalysts About Vishay Intertechnology Vishay Intertechnology produces a broad range of semiconductors and passive components used across Automotive, Industrial Power, Aerospace and Defense, AI computing and Healthcare applications. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 16

Vishay Intertechnology's (NYSE:VSH) Dividend Will Be $0.10

The board of Vishay Intertechnology, Inc. ( NYSE:VSH ) has announced that it will pay a dividend on the 26th of March...
Narrative Update Feb 09

VSH: Compressed Long Run Margins Will Constrain Future Earnings Power

Narrative Update Analysts have lifted their fair value estimate for Vishay Intertechnology from $15.00 to $17.50, citing updated assumptions on revenue growth, margins, discount rate, and a higher future P/E multiple that reflect the recent mix of price target changes in Street research. Analyst Commentary Recent Street research on Vishay Intertechnology has been mixed, with some firms lifting their price targets and others trimming them.
New Narrative Feb 07

AI Power Demand And Automotive Electrification Will Support Long Term Upside Potential

Catalysts About Vishay Intertechnology Vishay Intertechnology produces a broad range of semiconductors and passive components used in Automotive, Industrial Power, Aerospace and Defense, AI Computing and Healthcare applications. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 25

VSH: Rich Margin Assumptions Will Pressure Future Earnings Expectations

Analysts lifted their price target on Vishay Intertechnology by $1 to $15, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E to support the change. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value assumptions as consistent with the updated US$15 target, suggesting the current valuation framework now better reflects their long term expectations for the business.
Analysis Article Jan 17

Vishay Intertechnology, Inc.'s (NYSE:VSH) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Vishay Intertechnology, Inc. ( NYSE:VSH ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article Nov 26

Vishay Intertechnology (NYSE:VSH) Is Paying Out A Dividend Of $0.10

Vishay Intertechnology, Inc.'s ( NYSE:VSH ) investors are due to receive a payment of $0.10 per share on 12th of...
Analysis Article Nov 20

Little Excitement Around Vishay Intertechnology, Inc.'s (NYSE:VSH) Revenues As Shares Take 30% Pounding

Vishay Intertechnology, Inc. ( NYSE:VSH ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article Aug 20

Vishay Intertechnology (NYSE:VSH) Will Pay A Dividend Of $0.10

Vishay Intertechnology, Inc. ( NYSE:VSH ) will pay a dividend of $0.10 on the 25th of September. The dividend yield...

CEO Compensation Analysis

How has Joel Smejkal's remuneration changed compared to Vishay Intertechnology's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 04 2026n/an/a

US$2m

Dec 31 2025US$10mUS$1m

-US$9m

Sep 27 2025n/an/a

-US$76m

Jun 28 2025n/an/a

-US$88m

Mar 29 2025n/an/a

-US$66m

Dec 31 2024US$5mUS$936k

-US$31m

Sep 28 2024n/an/a

US$87m

Jun 29 2024n/an/a

US$171m

Mar 30 2024n/an/a

US$243m

Dec 31 2023US$5mUS$900k

US$324m

Compensation vs Market: Joel's total compensation ($USD10.34M) is about average for companies of similar size in the US market ($USD8.35M).

Compensation vs Earnings: Joel's compensation has been consistent with company performance over the past year.


CEO

Joel Smejkal (59 yo)

3.5yrs
Tenure
US$10,335,059
Compensation

Mr. Joel Smejkal serves as President, Chief Executive Officer and Director at Vishay Intertechnology, Inc. since January 1, 2023 and served as its Executive Vice President of Corporate Business Development...


Leadership Team

NamePositionTenureCompensationOwnership
Marc Zandman
Executive Chairman & Chief Business Development Officer25.5yrsUS$4.91m0.12%
$ 7.9m
Joel Smejkal
President3.5yrsUS$10.34m0.029%
$ 1.9m
David McConnell
Executive VP & CFO2.3yrsUS$2.17m0.064%
$ 4.1m
Roy Shoshani
Executive VP3.5yrsUS$3.74m0.099%
$ 6.4m
Peter Henrici
Executive VP of Corporate Development & Corporate Secretary14.5yrsUS$1.37m0.031%
$ 2.0m
Rafi Ouzan
Chief Operating Officerless than a yearno datano data
David Tomlinson
Senior VP & Chief Accounting Officer2.3yrsno data0.023%
$ 1.5m
Michael O'Sullivan
Executive VP and Chief Administrative & Legal Officer14.5yrsno data0.023%
$ 1.5m
Bart Cassidy
Senior Vice President of Tax15.5yrsno datano data
Geoff Taylor
Senior Vice President of Quality6.5yrsno datano data
Robert Hackett
Senior Vice President of Global Human Resources2.5yrsno data0.017%
$ 1.1m
3.5yrs
Average Tenure
59yo
Average Age

Experienced Management: VSH's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marc Zandman
Executive Chairman & Chief Business Development Officer25.5yrsUS$4.91m0.12%
$ 7.9m
Joel Smejkal
President3.5yrsUS$10.34m0.029%
$ 1.9m
Michael Cody
Independent Director7.7yrsUS$252.66k0.028%
$ 1.8m
Ruta Zandman
Non-Employee Director25.5yrsUS$385.66k0.046%
$ 3.0m
Abraham Ludomirski
Independent Director23.5yrsUS$260.66k0.040%
$ 2.6m
Renee Booth
Independent Director4.5yrsUS$250.66k0.011%
$ 696.8k
Raanan Zilberman
Independent Director9.4yrsUS$252.66k0.011%
$ 699.4k
Michiko Kurahashi
Independent Director4.5yrsUS$245.66k0.011%
$ 693.6k
John Malvisi
Independent Director2.7yrsUS$265.66k0.0058%
$ 376.6k
7.7yrs
Average Tenure
67yo
Average Age

Experienced Board: VSH's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 21:51
End of Day Share Price 2026/07/09 00:00
Earnings2026/04/04
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vishay Intertechnology, Inc. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ruplu BhattacharyaBofA Global Research
James SuvaCitigroup Inc