PDF Solutions (PDFS) Soars 15.2%: Is Further Upside Left in the Stock?

PDF Solutions PDFS shares soared 15.2% in the last trading session to close at $25.96. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 13.3% gain over the past four weeks.PDF Solutions is benefiting from strong revenue growth driven by innovative solutions like secureWISE, Sapience, Exensio, and increased adoption of AI and analytics in semiconductor manufacturing.This provider of software and services for semiconductor makers is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $56.6 million, up 22% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For PDF Solutions, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PDFS going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>PDF Solutions belongs to the Zacks Computer - Services industry. Another stock from the same industry, CGI Group GIB, closed the last trading session 2.8% lower at $90.85. Over the past month, GIB has returned -2.3%.CGI's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.53. Compared to the company's year-ago EPS, this represents a change of +8.5%. CGI currently boasts a Zacks Rank of #3 (Hold).Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PDF Solutions, Inc. (PDFS): Free Stock Analysis Report CGI Group, Inc. (GIB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks