RELL expanded LaserSlat: Analysts set USD 24 target for Richardson Electronics stock

Published on 10/28/2026 at 06:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter 2027 sales rose 18.90 percent to USD 64.90 million. Richardson Electronics stock has a USD 24.00 target and a USD 0.06 dividend.

Growth drivers and valuation

LaserSlat SAVER reached European markets on October 19, 2026, supporting products rated for lasers up to 100 kW.
Backlog reached USD 184.40 million in the first quarter of fiscal 2027, up 36.90 percent year over year.
MarketBeat cited a USD 24.00 average analyst target on October 13, 2026.

RELL, US7631651079, Illustration mit AI erstellt.

Richardson Electronics (ISIN US7631651079, ticker RELL) reported USD 64.90 million in first-quarter fiscal 2027 sales, up 18.90 percent year over year. On October 19, 2026, the company expanded LaserSlat SAVER availability across Europe and opened online ordering for selected US products, according to Richardson Electronics.

Three events show the expansion

The company reported first-quarter fiscal 2027 sales of USD 64.90 million on October 7, 2026, compared with USD 54.61 million in the prior-year quarter, and declared a USD 0.06 quarterly dividend, according to Yahoo Finance. On October 12, 2026, Richardson Electronics announced a 5 megawatt-hour battery storage demonstration project in Illinois, as Investing.com reported. The October 19 LaserSlat announcement was the latest event and cited compatibility with high-power fiber lasers up to 100 kilowatts.

What supports the growth case?

Backlog reached USD 184.40 million at the end of the first quarter of fiscal 2027, up 36.90 percent from the prior year. Gross margin increased to 34.60 percent from 31.00 percent, while operating income rose to USD 5.10 million from USD 1.00 million. The backlog figure gives the product expansion a measurable demand backdrop, although the release said a tariff refund affected gross margin.

Analyst target and payment dates

On October 13, 2026, Sidoti raised its fiscal 2027 earnings-per-share estimate to USD 0.68 from USD 0.39, while MarketBeat cited a USD 24.00 average target and a Moderate Buy consensus, according to MarketBeat. The next two dated shareholder events are November 6, 2026, the record date for the dividend, and November 25, 2026, its scheduled payment date.

Euro quote remains dated

The last available euro quote stood at EUR 15.68 at Tradegate BSX on October 23, 2026. Richardson Electronics had a market capitalization of USD 293.5 million, a 52-week range of USD 9.37 to USD 23.15, and 205,061 shares of volume in the finance quote dated October 27, 2026.

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