Q3 EPS Estimates for inTEST Reduced by Northland Securities

Key Points

• Northland Securities lowered its Q3 2026 EPS forecast for inTEST to $0.08 from $0.13, while maintaining an “Outperform” rating and a $15 price target. The firm’s full-year 2026 estimate is $0.24 per share.
• inTEST reported strong Q2 results, with revenue rising 25.5% year over year to $35.3 million and adjusted EPS of $0.09 versus the $0.04 consensus estimate. The company also raised its full-year 2026 outlook, though its Q3 revenue forecast of $33 million–$35 million suggests a possible sequential slowdown.
• Investor sentiment remains broadly positive, with a “Moderate Buy” consensus rating and a $17 average price target, but Zacks downgraded the stock to “Hold.” Institutional investors and hedge funds own 63.18% of inTEST’s shares.

inTEST Co. (NYSE:INTT - Free Report) - Analysts at Northland Securities reduced their Q3 2026 EPS estimates for inTEST in a research note issued to investors on Monday, August 10th. Northland Securities analyst T. Jackson now anticipates that the company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.13. Northland Securities currently has a "Outperform" rating and a $15.00 target price on the stock. The consensus estimate for inTEST's current full-year earnings is $0.41 per share. Northland Securities also issued estimates for inTEST's Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.24 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.18 EPS, Q4 2027 earnings at $0.24 EPS, FY2027 earnings at $0.64 EPS, FY2028 earnings at $0.83 EPS and FY2029 earnings at $1.01 EPS.

Separately, Zacks Research cut inTEST from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, inTEST currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

inTEST Price Performance

Shares of inTEST stock opened at $13.36 on Wednesday. The stock has a market capitalization of $167.87 million, a P/E ratio of 58.09 and a beta of 1.51. The business has a 50 day simple moving average of $15.37 and a two-hundred day simple moving average of $14.51. inTEST has a 12 month low of $6.63 and a 12 month high of $20.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38.

Hedge Funds Weigh In On inTEST

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new stake in inTEST in the 2nd quarter valued at $71,000. Jane Street Group LLC purchased a new position in shares of inTEST during the 4th quarter worth $88,000. Globeflex Capital L P acquired a new position in shares of inTEST during the 4th quarter valued at about $121,000. Squarepoint Ops LLC acquired a new position in shares of inTEST during the 3rd quarter valued at about $127,000. Finally, Franklin Resources Inc. purchased a new stake in shares of inTEST in the third quarter valued at about $146,000. Institutional investors and hedge funds own 63.18% of the company's stock.

Trending Headlines about inTEST

Here are the key news stories impacting inTEST this week:

• Positive Sentiment: inTEST reported second-quarter revenue of $35.3 million, up 25.5% year over year, while adjusted EPS was $0.09 versus the $0.04 consensus estimate. GAAP EPS was $0.04, compared with $0.03 a year earlier. InTest Reports Strong Second Quarter 2026 Revenue and EPS
• Positive Sentiment: The company posted its third consecutive profitable quarter and raised its full-year 2026 outlook, supporting the view that recovering orders and backlog are translating into improved earnings. inTest Beats Estimates and Raises FY26 Outlook
• Neutral Sentiment: Northland Securities maintained an “Outperform” rating and a $15 price target, but lowered its fiscal 2030 EPS estimate to $1.18 from $1.28. The estimate reduction signals some caution about longer-term growth despite the bullish rating.
• Negative Sentiment: Management forecast third-quarter revenue of $33 million to $35 million, with the top end only matching the current consensus estimate. This suggests a possible sequential slowdown after the strong second quarter. inTest Beats Q2 Earnings and Revenue Estimates
• Negative Sentiment: A bearish analysis argues that orders and backlog have begun to roll over, while valuation assumes stronger demand and operating leverage that have not yet been fully demonstrated. Because inTEST is exposed to cyclical manufacturing and semiconductor capital spending, this creates risk to future revenue and margins. inTEST Downstream CAPEX Cycle Analysis

inTEST Company Profile

inTEST Corporation NYSE: INTT is a developer and manufacturer of precision instrumentation and test solutions designed for the semiconductor, microelectronics and related manufacturing industries. The company's offerings focus on thermal management and instrument interface technologies that support the environmental conditioning and electrical performance evaluation of devices under test. These solutions include temperature controllers and cyclers, thermal subsystems, load boards, connectors and custom test interfaces engineered to accelerate reliability testing, product qualification and high-volume production measurement.

Serving customers across North America, Europe and Asia, inTEST supports semiconductor fabs, assembly and packaging facilities, research laboratories and OEM equipment builders.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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