inTEST Corporation (INTT) AI Stock Analysis

NYSE American: INTTAI research summary: business, growth, valuation, analysts, bull and bear case.

INTT AI stock analysis summary

AI Research

inTEST Corporation manufactures test and process solutions for the semiconductor, automotive, industrial, and life sciences sectors. Trailing twelve month revenue reached $128.3M with an operating margin of 1.1%. While FY2025 revenue fell 12.9% to $113.8M, revenue for the quarter ended June 30, 2026 increased 25.5% year-over-year.

Market cap
$164.8M
Revenue (TTM)
$128.3M
P/E
183.6x
fwd 21.6x
1Y return
54.3%
S&P 500 16.8%
Avg. target
$20.00
55.6% vs last close

Bull case

  • Quarterly revenue grew 25.5% year-over-year in the latest quarter ended June 30, 2026.
  • Analysts project FY2026 EPS to surge 677.8% to $0.47, accompanied by a mean price target of $20.00.
  • The balance sheet maintains positive liquidity with $7.3M in net cash and a current ratio of 2.49 as of June 30, 2026.

Bear case

  • Revenue fell 12.9% in FY2025 to $113.8M, producing an operating margin of -3.3% and net income of -$2.5M.
  • Quarterly earnings fell 19.7% year-over-year in the period ended June 30, 2026, despite quarterly revenue growth.
  • The stock trades at an elevated trailing P/E of 183.6x, compared to the median of its US-listed Technology peers at 28.1x.

What inTEST does

inTEST Corporation specializes in providing advanced test and process solutions crucial for manufacturing and testing across diverse industries worldwide, including automotive, defense/aerospace, industrial, life sciences, security, and semiconductor sectors. The company operates through two primary segments: Thermal Products and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream systems, thermal chambers, platforms, biomedical freezers, refrigerators, induction heating systems, and digital streaming solutions. The EMS segment provides manipulators, docking hardware, tester interfaces, and scorpion flying probe test systems. Customers include semiconductor manufacturers, third-party foundries, test and assembly providers, and original equipment manufacturers.

Growth and profitability

Between FY2020 and FY2025, inTEST posted a 5-year revenue CAGR of 16.2%. Annual revenue grew from $84.9M in FY2021 to $130.7M in FY2024, before declining 12.9% to $113.8M in FY2025. Operating margin dropped from 10.0% in FY2021 to -3.3% in FY2025, resulting in FY2025 net income of -$2.5M and EPS of $0.06. Over the trailing twelve months, revenue reached $128.3M with an operating margin of 1.1% and EPS of $0.07. In the latest quarter ended June 30, 2026, quarterly revenue increased 25.5% year-over-year, while quarterly earnings declined 19.7%.

INTT income statement →

Balance sheet and cash flow

As of June 30, 2026, inTEST held $22.1M in cash and short-term investments and $14.8M in total debt, yielding net cash of $7.3M. Total assets stood at $149.1M against shareholders' equity of $107.7M, resulting in a debt-to-equity ratio of 0.14 and a current ratio of 2.49. For FY2025, the company generated $7.3M in operating cash flow and $5.7M in free cash flow. Capital expenditures in FY2025 were $1.6M, while share buybacks totaled $17,000, and share count expanded 16.9% over five years.

INTT balance sheet →

Valuation and performance

At the closing price of $12.85 on October 16, 2026, inTEST had a market capitalization of $164.8M and enterprise value of $140.1M. The stock trades at a trailing P/E of 183.6x and forward P/E of 21.6x, compared to the median of its US-listed Technology peers of 28.1x and 18.8x, respectively. Its price-to-sales ratio is 1.3x, below the peer median of 2.8x, while EV/to/EBITDA is 18.2x compared to the peer median of 16.6x. Over the past year, inTEST returned 54.3%, outperforming the S&P 500 return of 16.8%.

INTT key metrics →

What analysts expect

Wall Street analysts maintain 2 Strong Buy ratings, 0 Buy ratings, and 1 Hold rating on inTEST. The mean price target of $20.00 represents a 55.6% premium over the last close of $12.85. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $139.3M and EPS of $0.47, reflecting 677.8% EPS growth. For FY2027, 3 analysts project revenue of $149.1M and EPS of $0.70. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 6, 2026.

INTT forecast and price target →

Key risks and what to watch

  • Trailing twelve month operating margin of 1.1% leaves minimal cushion against cyclical downturns in demand.
  • A beta of 1.50 and a 52-week trading range from $7.07 to $20.00 indicate substantial share price volatility.
  • The 5-year share count increase of 16.9% reflects ongoing dilution for equity holders.
  • Gross margin contracted from 48.6% in FY2021 to 43.0% in FY2025, signaling persistent margin pressure.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this INTT AI stock analysis

This page is an AI-written research summary of inTEST Corporation (INTT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: INTT income statement, INTT balance sheet, INTT key metrics, INTT analyst forecast, INTT chart. See the INTT stock overview for the latest quote and news.

INTT AI stock analysis FAQ

Does inTEST Corporation pay a dividend?

No, inTEST Corporation does not pay a regular dividend.

What were inTEST's revenue and earnings in the latest quarter?

For the quarter ended June 30, 2026, quarterly revenue grew 25.5% year-over-year, while quarterly earnings declined 19.7%.

What are analysts forecasting for inTEST in FY2026?

Analysts estimate FY2026 revenue of $139.3M and EPS of $0.47, representing an EPS growth estimate of 677.8%.

How strong is inTEST Corporation's balance sheet?

As of June 30, 2026, inTEST held $22.1M in cash and short-term investments against $14.8M in total debt, giving it $7.3M in net cash and a current ratio of 2.49.

When is inTEST Corporation's next earnings release?

The company's next earnings report is scheduled for November 6, 2026.

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