
Richardson Electronics is upgraded to a soft Buy (B-) at ~$16.56, following a strong Q4 beat and confirmation of its turnaround. Q4 FY26 saw revenue up 27.6% and non-GAAP EPS of $0.21, driven by semiconductor and RF/microwave demand, with management signaling continued growth into 2027. BESS shipments mark a new growth leg, with a pipeline of 50+ opportunities and a multi-million-dollar order expected in fiscal Q1 2027.










