Jefferies raises target for Advantest stock from JPY 38,500 to JPY 41,000

Published on 10/23/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter sales rose 39.30 percent to JPY 367.47 billion. Advantest stock stood at EUR 184.00 on October 23, 2026 before October 28 results.

Results and operating scale

Jefferies lifted its Advantest target to JPY 41,000 on October 5, 2026.
First-quarter sales rose 39.00 percent year over year.
Advantest stock traded at EUR 184.00 at 9:07 a.m. CEST at Lang & Schwarz on October 23, 2026.

Advantest, JP3122400009, Illustration mit AI erstellt.

Advantest (ISIN JP3122400009) was trading at EUR 184.00 at Lang & Schwarz on October 23, 2026 at 9:07 a.m. CEST. On October 5, 2026, Yahoo Finance reported that Jefferies raised its Advantest price target from JPY 38,500 to JPY 41,000. The target change keeps the semiconductor testing group tied closely to artificial intelligence and high-performance computing demand.

Jefferies lifts its target

Jefferies based the new JPY 41,000 target on 35 times estimated fiscal 2028 earnings, according to the October 5 report. The broker cited Advantest's high profitability, while the same report said first-quarter sales reached JPY 367.47 billion, up 39.00 percent from a year earlier.

Operating profit reached JPY 189.31 billion in the first quarter of fiscal 2026, according to the standardized financial statement for the period ended June 30, 2026. Yahoo Finance reported the figure as JPY 190.0 billion and described both sales and operating profit as new records.

What does October 28 mean?

The next test arrives with the second-quarter results. Advantest Corporation says the fiscal 2026 second-quarter results are planned for October 28, 2026, at 3:30 p.m. Japan time. That release will show whether the first-quarter pace continued beyond the record sales base.

Three dates define the setup

The chronology starts with Advantest's first-quarter results on July 29, 2026, when revenue reached JPY 367.47 billion. On October 5, 2026, Jefferies raised its target to JPY 41,000 from JPY 38,500. The current scheduled event is the October 28, 2026 second-quarter report at 3:30 p.m. Japan time.

The next two dates are October 28, 2026, for the second-quarter results, and the next investor assessment after the release. The October 28 date is explicitly listed by Advantest Corporation.

Price meets a demanding setup

Advantest's Tokyo listing closed at JPY 32,340 on October 23, 2026, while its 52-week range was JPY 16,325 to JPY 41,990. The market capitalization was JPY 23.4 trillion on the same date. The combination of record first-quarter figures, a premium Jefferies valuation framework and an imminent results date leaves execution as the central stock question.

Stock price and upcoming results

Advantest was trading at EUR 184.00 at Lang & Schwarz on October 23, 2026 at 9:07 a.m. CEST. The Tokyo Stock Exchange quotation was JPY 32,340 on October 23, 2026, with the session closed.

The further course of trading is shown by the continuously updated real-time quote of Advantest stock.