8-K filing — RICHARDSON ELECTRONICS, LTD. (RELL)

Richardson Electronics Rides on Portfolio Strength: Worth a Buy?

Richardson Electronics (RELL) is well-positioned for sustained growth driven by semiconductor wafer fabrication, wind energy, and battery energy storage. The company's Power and Microwave Technologies segment saw fiscal Q4 revenues jump 28.1% to $47.5M, while backlog reached $164.4M (up 22.5% YoY). Management expects continued revenue growth and margin improvement in fiscal 2027, with BESS becoming a meaningful revenue driver by fiscal 2028.

Northland Capital Markets Upgrades Richardson Electronics to Outperform, Raises Price Target to $24

Northland Capital Markets analyst Bobby Brooks upgrades Richardson Electronics (NASDAQ:RELL) from Market Perform to Outperform and raises the price target from $14 to $24.

12 Information Technology Stocks Moving In Thursday's Intraday Session

Gainers NVE (NASDAQ:NVEC) stock rose 52.4% to $132.07 during Thursday's regular session. The market value of their outstanding shares is at $419.2 million. As per the press release, Q1 earnings came out yesterday.

Richardson Electronics shares are trading higher after the company reported better-than-expected Q4 financial results.