Lasertec: FY25 Guidance Isn’t Revised up Despite a Blockbuster 2Q25 (Dec-24). The Stock Is Attractive.

Feb 03, 2025

∙ Paid

After 2 very poor quarters (revenue decline YoY), 2Q25 revenue increase 93% YoY, net income 137%. The painfully high volatility will not go away.
But Lasertec maintains its FY25 guidance which means that the blowout 2Q25 does not indicate higher growth
The expectation bubble should have completely deflated (SiC for EV, Intel, Samsung). The stock is trading at 18x, at the bottom of its trading range and valuations. Attractive.

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